3402 15th St SW · Lehigh Acres, FL 33976

$369,900

3 bd · 2.5 ba · 1,650 sqft · Land · 156 Days on market

Built 2026

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +4.8/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

Key facts

• 2 garage spots
• Built 2026
• Listed 156 days

Property features AI

Exterior

• Parking: Attached garage with 2 covered spaces; Covered driveway; Garage door opener
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank
• Home design: Single-story home; New construction; South-facing
• Construction: Block and stucco construction; Shingle roof
• Exterior features: Patio; Room for a pool; Smoke detector(s)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: Bedroom located on the main level
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Dining area and a separate formal dining room; Dual sinks; First-floor entry; Split bedroom layout; Walk-in closet(s); Bedroom on main level
• Laundry & utility: Laundry tub; Dedicated laundry/utility room; Den (flex space)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath land listed at $370k.

Deal economics

• At list price, monthly cash flow is $-903 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (35.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $209k (43.4% below list).
• Recommended offer: $209k (43.4% below list) — sets the bar for 1% rule.
• Cap rate 3.4% vs local median 4.7% in Lehigh Acres — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 59/100 on livability (#826 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, amenities F.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Veterans Park Academy For The Arts (math 41% / reading 45%, grade F, #1,366 of 2,144 statewide, top 64%, 2,133 students, 36% FRL); Oak Hammock Middle School (math 43% / reading 41%, grade D-, #340 of 571 statewide, top 61%, 1,563 students, 56% FRL); Lehigh Senior High School (math 23% / reading 45%, grade F, #394 of 667 statewide, top 60%, 2,476 students, 57% FRL).
• Market conditions: Rents soft (-1.5%/yr); 788 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 35% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $40k of equity ($3k loan paydown + $37k appreciation (10.0% local appreciation)).
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$64k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 156 days — a 12% lower offer ($326k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $26k; list at $370k implies a 1323% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,341 (43.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 156 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.57% ✗
• Cap rate: 3.37%
• Cash-on-cash: -10.46%
• DSCR: 0.53
• GRM: 14.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 16.3%
• Equity multiple: 2.33×
• Total profit: $137,873
• Equity at exit: $333,235

10-year hold

• IRR: 15.2%
• Equity multiple: 5.25×
• Total profit: $440,294
• Equity at exit: $718,634

Cash invested: $103,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33976

• Home prices YoY: 6.8%
• Rents YoY: -1.5%
• Active inventory: 788
• Price-to-rent: 14.7×

Monthly cashflow live

• Estimated rent: $2,093 high
• Mortgage (P&I): −$1,940
• Tax est. 1.5%: −$462 /mo · $5,548/yr
• Insurance: −$154
• HOA: −$0
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $-903

Break-even live

Break-even rent $3,236

Max offer price $239,307

Occupancy floor —

Sensitivity live

Price	-10% $-647	-5% $-775	+0% $-903	+5% $-1,030	+10% $-1,158
Rent	-10% $-1,068	-5% $-985	+0% $-903	+5% $-820	+10% $-737
Rate	-1.0pp $-716	-0.5pp $-808	base $-903	+0.5pp $-998	+1.0pp $-1,096

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $92,475
• Closing costs: $11,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3402 13th St SW Lehigh Acres, FL	3.0	2.0	1117	$1,940	$1.74	5d	1	0.12mi
1511 Terry Ave S Lehigh Acres, FL	3.0	2.0	1579	$1,996	$1.26	25d	1	0.22mi
3408 10th St SW Lehigh Acres, FL	4.0	2.0	1920	$1,750	$0.91	16d	1	0.31mi
3408 10th St SW Lehigh Acres, FL	4.0	2.0	1385	$1,850	$1.34	23d	1	0.31mi
1507 Paula Ave S Lehigh Acres, FL	3.0	2.0	1547	$2,000	$1.29	21d	1	0.39mi
3600 19th St SW Lehigh Acres, FL	3.0	2.0	1114	$1,746	$1.57	5d	1	0.41mi
3303 8th St SW Lehigh Acres, FL	3.0	2.0	1400	$2,250	$1.61	5d	1	0.43mi
3417 7th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,850	$1.01	12d	1	0.45mi
3702 14th St SW Lehigh Acres, FL	4.0	2.0	1472	$1,995	$1.36	25d	1	0.45mi
3315 7th St SW Lehigh Acres, FL	3.0	2.0	1212	$1,950	$1.61	25d	1	0.47mi
3103 11th St SW Lehigh Acres, FL	3.0	2.0	1212	$1,800	$1.49	25d	1	0.55mi
3714 17th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,890	$1.03	25d	1	0.56mi
3705 9th St SW Lehigh Acres, FL	3.0	2.0	1272	$1,695	$1.33	16d	1	0.58mi
3209 21st St SW Lehigh Acres, FL	3.0	2.0	1418	$1,699	$1.20	5d	1	0.58mi
3202 21st St SW Lehigh Acres, FL	3.0	2.0	1100	$1,920	$1.75	5d	1	0.59mi
3615 6th St SW Lehigh Acres, FL	3.0	2.0	1378	$1,825	$1.32	25d	1	0.62mi
3201 23rd St SW Lehigh Acres, FL	3.0	2.0	1324	$1,845	$1.39	23d	1	0.67mi
3203 24th St SW Lehigh Acres, FL	3.0	2.0	1498	$2,300	$1.54	23d	1	0.72mi
3704 6th St SW Lehigh Acres, FL	3.0	2.0	1100	$1,575	$1.43	21d	1	0.72mi
3508 3rd St SW Lehigh Acres, FL	3.0	2.0	1147	$1,699	$1.48	5d	1	0.74mi
3418 26th St SW Lehigh Acres, FL	4.0	3.0	2030	$2,300	$1.13	18d	1	0.76mi
2909 15th St SW Lehigh Acres, FL	3.0	2.0	1291	$1,800	$1.39	23d	1	0.84mi
2504 Vera Ave S Lehigh Acres, FL	3.0	3.0	1643	$2,400	$1.46	25d	1	0.85mi
2906 14th St SW Lehigh Acres, FL	3.0	2.0	1563	$2,450	$1.57	25d	1	0.85mi
3008 23rd St SW Lehigh Acres, FL	3.0	2.0	1640	$2,350	$1.43	25d	1	0.89mi
3818 7th St SW Lehigh Acres, FL	3.0	2.0	1422	$1,695	$1.19	25d	1	0.93mi
3820 7th St SW Lehigh Acres, FL	4.0	2.0	1841	$2,500	$1.36	13d	1	0.94mi
4005 12th St SW Lehigh Acres, FL	3.0	2.0	1122	$1,610	$1.43	21d	1	0.95mi
2916 7th St SW Lehigh Acres, FL	3.0	2.0	1357	$1,900	$1.40	25d	1	0.95mi
3201 28th St Lehigh Acres, FL	4.0	2.0	1389	$2,000	$1.44	5d	1	0.95mi
3008 25th St SW Lehigh Acres, FL	4.0	2.0	1565	$1,711	$1.09	23d	1	0.96mi
3604 29th St SW Lehigh Acres, FL	3.0	2.5	1776	$2,500	$1.41	25d	1	0.99mi
2914 24th St SW Lehigh Acres, FL	3.0	2.0	1537	$2,250	$1.46	25d	1	1.00mi
57 Xelda Ave S Lehigh Acres, FL	3.0	3.0	1057	$2,200	$2.08	25d	1	1.01mi
3201 29th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,950	$1.06	5d	1	1.01mi
4001 22nd St SW Lehigh Acres, FL	3.0	2.0	1055	$1,950	$1.85	4d	1	1.06mi
3820 3rd St SW Lehigh Acres, FL	4.0	2.0	2133	$1,745	$0.82	25d	1	1.09mi
3405 4th St W Lehigh Acres, FL	3.0	2.0	1184	$1,715	$1.45	16d	1	1.09mi
2904 Wanda Ave S Lehigh Acres, FL	3.0	2.0	1501	$1,900	$1.27	25d	1	1.11mi
2805 20th St SW Lehigh Acres, FL	3.0	2.0	1151	$1,699	$1.48	5d	1	1.18mi

Listing history 19 events

1. 2026-06-22
   days on market $369,900 Active 156 DOM
2. 2026-06-17
   days on market $369,900 Active 152 DOM
3. 2026-06-16
   days on market $369,900 Active 151 DOM
4. 2026-06-15
   days on market $369,900 Active 150 DOM
5. 2026-06-13
   days on market $369,900 Active 148 DOM
6. 2026-06-10
   days on market $369,900 Active 145 DOM
7. 2026-06-09
   days on market $369,900 Active 144 DOM
8. 2026-06-07
   days on market $369,900 Active 142 DOM
9. 2026-06-02
   days on market $369,900 Active 137 DOM
10. 2026-06-01
    days on market $369,900 Active 136 DOM
11. 2026-06-01
    days on market $369,900 Active 135 DOM
12. 2026-03-06
    price $369,900

    Show marketing remark (2076 chars)

    Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

13. 2026-03-06
    price $369,900 2076-char remark

    Show marketing remark (2076 chars)

    Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

14. 2026-03-05
    price $369,900 2076-char remark

    Show marketing remark (2076 chars)

    Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

15. 2026-01-16
    listed $379,900 Active
16. 2026-01-15
    listed $379,900 Active 2076-char remark

    Show marketing remark (2076 chars)

    Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

17. 2026-01-14
    listed $379,900 Active 2076-char remark

    Show marketing remark (2076 chars)

    Welcome to your future sanctuary, where modern comfort meets thoughtful design in this captivating three-bedroom plus den residence featuring two and a half bathrooms across 1,650 square feet of meticulously planned living space. This newly listed gem beckons those who appreciate both functionality and style, offering a perfect blend of contemporary amenities and classic appeal that will make every day feel like a vacation. Step inside to discover an open-concept layout that flows seamlessly from room to room, creating an atmosphere of spaciousness that belies its efficient footprint. The heart of the home features a well-appointed kitchen that would make even the most discerning chef smile with satisfaction, while the adjacent living areas provide ample space for both intimate gatherings and larger celebrations. The primary bedroom serves as your personal retreat, thoughtfully positioned for optimal privacy and comfort. The versatile den adds an exciting dimension to your living options – perhaps it becomes your home office where productivity flourishes, a creative studio where inspiration strikes, or simply a cozy reading nook where literary adventures unfold. With two and a half bathrooms strategically placed throughout the home, morning routines become a breeze rather than a battle. Nature enthusiasts will appreciate the proximity to Wild Turkey Strand Preserve, where hiking trails and wildlife viewing opportunities await just moments from your doorstep. Daily conveniences are equally accessible, with Keyfood Supermarket nearby for all your grocery needs, while families will find comfort knowing Gateway High School provides excellent educational opportunities within the community. This home represents more than just a place to hang your hat – it's where memories are crafted, dreams take shape, and life's precious moments unfold naturally. The thoughtful floor plan maximizes every square foot, ensuring that whether you're entertaining guests or enjoying quiet evenings at home, you'll find the perfect space for every occasion.

18. 2024-10-30
    soldstatus $26,000
19. 2004-09-24
    soldstatus $15,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,121
• − Mortgage interest: −$20,720
• − Property taxes: −$5,548
• − Insurance: −$1,850
• − Repairs & maintenance: −$2,010
• − Management: −$2,010
• − Depreciation: −$10,761
• Taxable loss: −$17,777
• Est. tax savings @ 24.0%: +$4,267
• After-tax cash flow: $-6,563/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lee
• NCES district ID: 1201080
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $49,518
• Composite: 41.49/100
• National rank: #3458
• State rank: #42 of 73 in FL

Livability — Lehigh Acres

• Score: 59/100
• State rank: #826
• US rank: #20055

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment D+ Housing A+ Health & safety D- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lehigh Acres, FL
• County: Lee County · 788,662 people
• City population: 130,638
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 20,277
• Household income: $72,679
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 574.0

Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 50% Two or more races 30% White 24% Black 20% Asian 3%
• Hispanic origin (detail): Mexican 8% Puerto Rican 8% Cuban 18% Dominican 4%
• Common ancestry: Hispanic 8% Slovak 1% Lithuanian 1%
• Foreign-born: 35% · Canada, Jamaica, Vietnam
• Languages at home: 46% English-only · Spanish 43% French/Haitian/Cajun 8% Vietnamese 1%

Political lean MEDSL · Lee

• 2024 margin: Strong R (+28.4) · D 35.5% · R 63.9%
• 2008→2024 swing: -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 21.77%
• Current HPI: 340.4255
• Rent YoY: ▼ -1.54%
• Metro: Cape Coral-Fort Myers, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2366.0% since first listed

8 events — show timeline

• 2026-03-06 Price Changed $369,900 MARMLS
• 2026-03-06 Price Changed $369,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-05 Price Changed $369,900 FORTMLS
• 2026-01-16 Listed $379,900 MARMLS
• 2026-01-15 Listed $379,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Listed $379,900 FORTMLS
• 2024-10-30 Sold (Public Records) $26,000 Public Records
• 2004-09-24 Sold (Public Records) $15,000 Public Records

Property tax history

+33.3%/yr

Latest (2025): $520 · +33.3% YoY. Source: county tax records.