1087 Forest Lakes Dr Unit 1-309 · Naples, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.64%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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).
- ARV discount +15.0/15.0
- Cash flow +11.2/30.0
- Schools +7.4/10.0
- 1% rule +7.2/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- DSCR +3.2/10.0
- Rent growth +2.7/5.0
- Appreciation +0.0/10.0
$166,000
1087 Forest Lakes Dr Unit 1-309 · Naples, FL 34105
2 bd · 2.0 ba · 1,164 sqft · Condo
· 274 Days on market
55+ age-restricted
Built 1975
$143/sqft
· 43% below area
Est $290k · 43% under
$960/mo HOA · 40% of rent
↓ 1% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to your slice of paradise in the heart of Naples! This beautifully maintained 2-bedroom, 2-bath condo offers comfort, convenience, and a serene golf course setting. Located on the third floor of a quiet 55+ community, this home features an open and spacious layout filled with natural light, neutral tile flooring throughout, and a peaceful screened lanai with relaxing views of the lush greens. The inviting living area flows seamlessly into the dining space and kitchen—perfect for entertaining or simply enjoying a quiet evening at home. The primary suite includes a walk-in closet and private bath, while the guest bedroom provides plenty of space for visitors or a home office.
Key facts
- Turnkey furnished
- Minutes to the beach
- First floor unit
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $166k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-221 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $134k (19.3% below list).
- Meets the 1% rule at list price ($2k rent vs $166k).
- Recommended offer: $134k (19.3% below list) — sets the bar for cash-flow.
- Cap rate 4.7% vs local median 2.4% in Naples — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 80/100 on livability (#126 in FL, #1,903 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute D+, cost of living F.
- Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Sea Gate Elementary School (math 86% / reading 81%, grade A+, #60 of 2,144 statewide, top 3%, 703 students, 26% FRL); Pine Ridge Middle School (math 74% / reading 70%, grade A, #52 of 571 statewide, top 10%, 832 students, 31% FRL); Barron Collier High School (math 62% / reading 68%, grade B, #76 of 667 statewide, top 11%, 1,650 students, 26% FRL) — zoned schools average 27% FRL vs 55% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 74% at this address vs 58% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents flat; 362 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
- This rent runs 31% of the median local income ($92k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 274 days — a 12% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 40% of rent.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$133,997
(19.3% below list)
Questions for the listing agent
- 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?
- It's been on market 274 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.44% ✓
- Cap rate
- 4.69%
- Cash-on-cash
- -5.71%
- DSCR
- 0.75
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $290,383
- List price
- $166,000
- Delta
- -42.83%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1078 Forest Lakes Dr Unit 3A | 0.28mi | 2/2.0 | 1,149 (-1%) | 1mo | $318,000 | $277 | 84 |
| 1086 Forest Lakes Dr #102 | 0.05mi | 2/2.0 | 1,000 (-14%) | 2mo | $100,000 | $100 | 72 |
| 1044 Woodshire Ln Unit B205 | 0.46mi | 2/2.5 | 1,232 (+6%) | 2mo | $232,000 | $188 | 65 |
| 1636 Spoonbill Ln Unit B | 0.64mi | 2/2.0 | 1,116 (-4%) | 1mo | $225,000 | $202 | 62 |
| 600 Misty Pines Cir Unit F105 | 0.93mi | 2/2.0 | 1,225 (+5%) | 1mo | $225,000 | $184 | 55 |
| 2593 Poinciana St | 1.36mi | 2/2.0 | 1,092 (-6%) | 0mo | $445,000 | $408 | 54 |
| 3088 Poinciana Dr | 1.50mi | 2/1.0 | 1,101 (-5%) | 1mo | $240,000 | $218 | 51 |
| 1097 Sperling Ave | 1.36mi | 3/2.0 (+1) | 1,100 (-6%) | 2mo | $540,000 | $491 | 49 |
| 1608 Spoonbill Ln Unit B | 0.69mi | 2/2.0 | 1,422 (+22%) | 1mo | $242,000 | $170 | 42 |
| 1641 Spoonbill Ln Unit 1641-B | 0.69mi | 2/2.0 | 1,422 (+22%) | 1mo | $305,000 | $214 | 42 |
| 3324 Olympic Dr #313 | 1.32mi | 2/2.0 | 965 (-17%) | 0mo | $227,000 | $235 | 40 |
| 1337 N Alhambra Cir | 0.81mi | 3/2.0 (+1) | 1,451 (+25%) | 1mo | $585,000 | $403 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.85% rent growth · sell at horizon
5-year hold
- IRR
- -30.5%
- Equity multiple
- 0.02×
- Total profit
- $-45,416
- Equity at exit
- $24,751
10-year hold
- IRR
- -63.0%
- Equity multiple
- -0.61×
- Total profit
- $-75,014
- Equity at exit
- $14,353
Cash invested: $46,480 (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.
Active competition Active MLS
- For sale now
- 26 active · 8 under contract
- Median asking
- $259,500 ($246/sqft)
- Median days on market
- 141 d
- This list price
- 8% of active listings are priced below it
- ARV vs active asking
- +1.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34105
- Home prices YoY
- -30.5%
- Rents YoY
- 0.8%
- Active inventory
- 362
- Price-to-rent
- 5.8×
Monthly cashflow live
↻
- Estimated rent
- $2,387 high interval (Pro) →
- Mortgage (P&I)
- −$871
- Tax est. 1.5%
- −$208 /mo · $2,490/yr
- Insurance
- −$69
- HOA
- −$960
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$501
- Net cashflow
- $-221
Break-even live
Break-even rent
$2,667
Max offer price
$133,997
Occupancy floor
—
Sensitivity live
| Price | -10% $-106 | -5% $-164 | +0% $-221 | +5% $-279 | +10% $-336 |
|---|---|---|---|---|---|
| Rent | -10% $-410 | -5% $-315 | +0% $-221 | +5% $-127 | +10% $-33 |
| Rate | -1.0pp $-138 | -0.5pp $-179 | base $-221 | +0.5pp $-264 | +1.0pp $-308 |
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
- $41,500
- Closing costs
- $4,980
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1086 Forest Lakes Dr Unit 9303 Naples, FL | 2.0 | 2.0 | 1000 | $2,395 | $2.40 | 63d | 1 | 0.05mi |
| 260 Quail Forest Blvd Naples, FL | 1.0–2.0 | 1.0–2.0 | 875 | $2,533 | $2.89 | 63d | 22 | 0.09mi |
| 287 Quail Forest Blvd #117 Naples, FL | 2.0 | 2.0 | 993 | $1,695 | $1.71 | 63d | 1 | 0.11mi |
| 287 Quail Forest Blvd #117 Naples, FL | 2.0 | 2.0 | 993 | $1,995 | $2.01 | 70d | 1 | 0.11mi |
| 1085 Forest Lakes Dr Unit 8305 Naples, FL | 1.0 | 1.0 | 766 | $3,000 | $3.92 | 63d | 1 | 0.12mi |
| 1085 Forest Lakes Dr Unit 8106 Naples, FL | 2.0 | 2.0 | 1000 | $1,900 | $1.90 | 63d | 1 | 0.12mi |
| 1085 Forest Lakes Dr Unit 8202 Naples, FL | 2.0 | 2.0 | 1086 | $2,800 | $2.58 | 63d | 1 | 0.12mi |
| 170 Turtle Lake Ct Naples, FL | 2.0 | 2.0 | 842 | $2,975 | $3.53 | 63d | 1 | 0.16mi |
| 180 Turtle Lake Ct #102 Naples, FL | 2.0 | 2.0 | 842 | $1,850 | $2.20 | 70d | 1 | 0.18mi |
| 100 Forest Lakes Blvd Naples, FL | 1.0–2.0 | 2.0 | 842 | $3,500 | $4.16 | 63d | 3 | 0.19mi |
| 200 Turtle Lake Ct #109 Naples, FL | 2.0 | 2.0 | 842 | $1,295 | $1.54 | 72d | 1 | 0.21mi |
| 225 Turtle Lake Ct Naples, FL | 1.0–2.0 | 1.0–2.0 | 740 | $1,900 | $2.57 | 72d | 2 | 0.22mi |
| 190 Turtle Lake Ct Unit 6 Naples, FL | 2.0 | 2.0 | 842 | $2,100 | $2.49 | 63d | 1 | 0.22mi |
| 175 Turtle Lake Ct Naples, FL | 1.0–2.0 | 1.0–2.0 | 740 | $1,650 | $2.23 | 63d | 2 | 0.24mi |
| 200 Forest Lakes Blvd #111 Naples, FL | 2.0 | 2.0 | 842 | $3,100 | $3.68 | 63d | 1 | 0.32mi |
| 499 Forest Lakes Blvd #105 Naples, FL | 2.0 | 2.0 | 919 | $1,950 | $2.12 | 63d | 1 | 0.36mi |
| 300 Forest Lakes Blvd Naples, FL | 2.0 | 2.0 | 842 | $2,700 | $3.21 | 72d | 2 | 0.39mi |
| 1044 Woodshire Ln Unit B212 Naples, FL | 3.0 | 2.0 | 1250 | $8,000 | $6.40 | 72d | 1 | 0.42mi |
| 400 Forest Lakes Blvd Naples, FL | 2.0 | 2.0 | 842 | $2,350 | $2.79 | 70d | 4 | 0.46mi |
| 501 Forest Lakes Blvd #111 Naples, FL | 2.0 | 2.0 | 919 | $2,300 | $2.50 | 63d | 1 | 0.48mi |
| 1545 Oyster Catcher Pt Unit A Naples, FL | 2.0 | 2.0 | 1124 | $2,200 | $1.96 | 63d | 1 | 0.52mi |
| 1554 Oyster Catcher Pt Unit C Naples, FL | 2.0 | 2.0 | 1124 | $2,900 | $2.58 | 72d | 1 | 0.55mi |
| 1629 Spoonbill Ln Unit 1629-A Naples, FL | 2.0 | 2.0 | 1250 | $2,000 | $1.60 | 63d | 1 | 0.62mi |
| 5934 Premier Way Naples, FL | 1.0–3.0 | 1.0–3.0 | 1350 | $3,618 | $2.68 | 63d | 29 | 0.68mi |
| 1400 Pompei Ln Unit O-21 Naples, FL | 2.0 | 2.0 | 1025 | $2,200 | $2.15 | 72d | 1 | 0.74mi |
| 1400 Pompei Ln Unit S-21 Naples, FL | 2.0 | 2.0 | 1025 | $3,000 | $2.93 | 72d | 1 | 0.74mi |
| 1400 Pompei Ln Naples, FL | 2.0 | 2.0 | 1012 | $1,888 | $1.86 | 72d | 2 | 0.74mi |
| 1860 Bald Eagle Dr Unit 403B Naples, FL | 2.0 | 2.0 | 1325 | $3,000 | $2.26 | 63d | 1 | 0.77mi |
| 1350 Misty Pines Cir Unit E-204 Naples, FL | 2.0 | 2.0 | 1200 | $7,500 | $6.25 | 63d | 1 | 0.89mi |
| 500 Misty Pines Cir #206 Naples, FL | 2.0 | 2.0 | 1260 | $6,000 | $4.76 | 63d | 1 | 0.91mi |
| 500 Misty Pines Cir Unit 2-204 Naples, FL | 2.0 | 2.0 | 1260 | $5,750 | $4.56 | 62d | 1 | 0.92mi |
| 4525 Fluvia Ave Naples, FL | 2.0 | 1.0 | 1050 | $5,500 | $5.24 | 72d | 1 | 0.96mi |
| 4523 Fluvia Ave Naples, FL | 2.0 | 1.0 | 1050 | $5,500 | $5.24 | 72d | 1 | 0.96mi |
| 1100 Pine Ridge Rd Naples, FL | 1.0 | 1.0 | 868 | $2,125 | $2.45 | 63d | 3 | 1.05mi |
| 1082 Capri Dr Naples, FL | 3.0 | 2.0 | 1500 | $9,000 | $6.00 | 72d | 1 | 1.12mi |
| 3308 Europa Dr #30 Naples, FL | 2.0 | 2.0 | 1205 | $5,500 | $4.56 | 72d | 1 | 1.12mi |
| 5301 Summerwind Dr Naples, FL | 1.0–2.0 | 1.0–2.0 | 836 | $1,864 | $2.23 | 63d | 12 | 1.20mi |
| 2070 Arbour Walk Cir #3214 Naples, FL | 1.0 | 1.0 | 760 | $1,600 | $2.11 | 70d | 1 | 1.30mi |
| 2581 Poinciana St Naples, FL | 3.0 | 2.0 | 1255 | $9,000 | $7.17 | 72d | 1 | 1.33mi |
| 2058 Arbour Walk Cir #3322 Naples, FL | 2.0 | 2.0 | 918 | $2,000 | $2.18 | 72d | 1 | 1.33mi |
Property features AI
Finance
- Financial info
- Pets not allowed
- HOA & community
- Homeowners association with quarterly feesCommunity amenities: clubhouse, pool, shuffleboard court, tennis courts, managementElevatorNon-gated community6 units in the community
Exterior
- Utilities
- Public waterPublic sewerCable not available
- Home design
- Condominium / unit in a multi-unit buildingSingle-story unitEntry level: 3Faces eastHas viewResale property
- Construction
- Built in block, concrete, and stuccoBuilt-up and flat roof
- Exterior features
- StorageBalconyScreened porchCommunity poolWest exposurePaved road
Interior
- Kitchen
- DishwasherElectric cooktopFreezerMicrowaveRefrigeratorEat-in kitchen
- Bedrooms
- Entry level: 3
- Flooring
- Tile
- Bathrooms
- 2 full bathroomsDual sinksSeparate shower
- Heating & cooling
- Central heating (electric)Central air (electric)
- Interior features
- FurnishedDisplay windowsShuttersDual sinksEat-in kitchenShower only (separate shower)Walk-in closetsSplit bedroom floor plan
HOA detail $960/mo · $11,520/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $166,000 Active 274 DOM
-
2026-08-07days on market $166,000 Active 273 DOM
-
2026-08-06days on market $166,000 Active 272 DOM
-
2026-08-05days on market $166,000 Active 271 DOM
-
2026-08-04days on market $166,000 Active 270 DOM
-
2026-08-03days on market $166,000 Active 269 DOM
-
2026-07-31days on market $166,000 Active 266 DOM
-
2026-07-30days on market $166,000 Active 265 DOM
-
2026-07-29days on market $166,000 Active 264 DOM
-
2026-07-27days on market $166,000 Active 262 DOM
-
2026-07-25days on market $166,000 Active 260 DOM
-
2026-07-24days on market $166,000 Active 259 DOM
-
2026-07-23days on market $166,000 Active 258 DOM
-
2026-07-22days on market $166,000 Active 257 DOM
-
2026-07-22days on market $166,000 Active 256 DOM
-
2026-07-18days on market $166,000 Active 253 DOM
-
2026-07-16days on market $166,000 Active 251 DOM
-
2026-07-16days on market $166,000 Active 250 DOM
-
2026-07-14days on market $166,000 Active 249 DOM
-
2026-07-14days on market $166,000 Active 248 DOM
-
2026-07-12days on market $166,000 Active 247 DOM
-
2026-07-11days on market $166,000 Active 246 DOM
-
2026-07-09days on market $166,000 Active 244 DOM
-
2026-07-08days on market $166,000 Active 243 DOM
-
2026-07-07days on market $166,000 Active 242 DOM
-
2026-07-06days on market $166,000 Active 241 DOM
-
2026-07-05days on market $166,000 Active 240 DOM
-
2026-07-04days on market $166,000 Active 239 DOM
-
2026-07-03days on market $166,000 Active 238 DOM
-
2026-07-02days on market $166,000 Active 237 DOM
-
2026-07-01days on market $166,000 Active 236 DOM
-
2026-06-30days on market $166,000 Active 235 DOM
-
2026-06-29days on market $166,000 Active 234 DOM
-
2026-06-28days on market $166,000 Active 233 DOM
-
2026-06-27days on market $166,000 Active 231 DOM
-
2026-06-25days on market $166,000 Active 229 DOM
-
2026-06-23days on market $166,000 Active 227 DOM
-
2026-06-22days on market $166,000 Active 226 DOM
-
2026-06-18days on market $166,000 Active 223 DOM
-
2026-06-17days on market $166,000 Active 222 DOM
-
2026-06-16days on market $166,000 Active 221 DOM
-
2026-06-15days on market $166,000 Active 220 DOM
-
2026-06-10days on market $166,000 Active 215 DOM
-
2026-06-09days on market $166,000 Active 214 DOM
-
2026-06-08days on market $166,000 Active 213 DOM
-
2026-06-07pricedays on market $166,000 Active 212 DOM
-
2026-06-03days on market $203,000 Active 208 DOM
-
2026-06-02days on market $203,000 Active 207 DOM
-
2026-06-01days on market $203,000 Active 206 DOM
-
2026-05-31remarks 693-char remark
ⓘ 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 6/10 Major FEMA zone X (shaded) · 64% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,648
- − Mortgage interest
- −$9,299
- − Property taxes
- −$2,490
- − Insurance
- −$830
- − Repairs & maintenance
- −$2,292
- − Management
- −$2,292
- − HOA
- −$11,520
- − Depreciation
- −$4,829
- Taxable loss
- −$4,903
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,177
- After-tax cash flow
- $-1,477/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.
Condition & rehab AI · 13 photos
75/100
Cosmetic rehab
Est. rehab $5,820–$17,460 screening
This well-maintained 2-bedroom, 2-bath condo in a quiet 55+ community offers a serene golf course setting and is ready for new owners.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Replace ceiling tiles — Improves aesthetics and reduces maintenance costs ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
B
Composite school gradezoned avg 74/100
Zoned Schools
Elementary
Sea Gate Elementary School
A+
FL #60/2,144
Nat'l #736/41,679
Middle
Pine Ridge Middle School
A
FL #52/571
Nat'l #685/14,009
High
Barron Collier High School
B
FL #76/667
Nat'l #2,785/17,239
Schools (NCES district)
- District
- Collier
- NCES district ID
- 1200330
- Math proficiency
- 60% ▼ -4.00%
- Reading proficiency
- 56% ▼ -2.00%
- Median HH income
- $58,275
- Composite
- 50.23/100
- National rank
- #1892
- State rank
- #16 of 73 in FL
A
Composite livability gradescore 80/100
Livability — Naples
- Score
- 80/100
- State rank
- #126
- US rank
- #1903
Category grades
Amenities A+
Commute D+
Cost of living F
Crime A+
Employment A+
Housing C+
Health & safety A+
User ratings C+
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Collier County · 420,858 people
- City population
- 344,941
- Metro
- Naples-Marco Island, FL
- Population (ZIP)
- 15,441
- Household income
- $92,214
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Collier County) Hauer SSP2
- Today (2025)
- 420,858 people
- By 2030
- 450,054 · +6.9%
- By 2040
- 502,232 · +19.3%
- By 2050
- 544,932 · +29.5%
- By 2075
- 627,203 · +49.0%
- By 2100
- 659,015 · +56.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 14% Two or more races 7% Asian 5%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 1% Cuban 3% Salvadoran 1%
- Common ancestry
- Romanian 3% Lithuanian 3% Italian 3%
- Foreign-born
- 22% · Canada, China, Jamaica
- Languages at home
- 77% English-only · Spanish 11% Other Indo-European 3% Russian/Polish/Slavic 3%
Political lean MEDSL · Collier
- 2024 margin
- Solid R (+33.1) · D 33.1% · R 66.2%
- 2008→2024 swing
- -10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
- All cycles
- 2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -124.65%
- Current HPI
- 283.9084
- Rent YoY
- ▲ 0.85%
- Metro
- Naples-Marco Island, 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-1.5% since first listed2 events — show timeline
- 2025-11-28 Price Changed $203,000 FORTMLS
- 2025-11-07 Listed $206,000 FORTMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…