20300 Calice Ct #1104 · Estero, FL 33928

$499,900

4 bd · 2.0 ba · 2,009 sqft · Condo public records · 72 Days on market

Built 2003 $1110/mo HOA · 18% of rent

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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).

• Cash flow +19.4/30.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

Key facts

• Top floor end unit
• Expansive lanai
• Walk in closet

Tags

• TOP FLOOR END UNIT
• EXPANSIVE LANAI
• WALK IN CLOSET
• FULL STAINLESS STEEL KITCHEN
• TWO CAR ATTACHED GARAGE
• STEPS FROM COMMUNITY POOL

Property features AI

Finance

• Other: Part of a multi-unit complex (4 units per building, 171 units in complex)
• Financial info: Condo fee charged quarterly; One-time club fee and recurring fees apply (detailed amounts provided in listing)
• HOA & community: Mandatory HOA with professional management; Quarterly condo fee; Community amenities include clubhouse, community pool and spa, fitness center (attended), tennis courts, basketball, bocce court, golf course (non-equity), putting green, cabana, restaurant, business center, private membership options, sidewalks and street lighting; HOA covers cable, internet/WiFi access, irrigation water, lawn/land maintenance, legal/accounting, exterior pest control, security, street lights and street maintenance; One-time mandatory club fee and annual mandatory club fee apply

Exterior

• Parking: Attached 2-car garage
• Security: Gated community; Security services included in HOA maintenance
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential low-rise (1–3 stories), contemporary style; Rear exposure faces west; Part of the GRANDEZZA development
• Construction: Built in 2003; Concrete block construction; Stucco exterior; Tile roof; Single-hung and sliding windows; Shutters for storm protection
• Exterior features: Automatic sprinkler system; Water feature/display; Screened lanai/porch; Lake view / waterfront (lake)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator/Freezer; Eat-in kitchen
• Bedrooms: 3 bedrooms plus den (split bedroom floor plan)
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms; Master bathroom with dual sinks and shower (no tub)
• Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans
• Interior features: Cable prewire; Smoke detectors; Eat-in kitchen; Turnkey
• Laundry & utility: Washer and dryer included; Washer/dryer hookup; Laundry in residence; Auto garage door

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath condo listed at $500k.

Deal economics

• At list price, monthly cash flow is $562 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $500k).
• Recommended offer: $470k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.4% in Estero — 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 79/100 on livability (#149 in FL, #2,242 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living D-.
• 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.
• Market conditions: Rents soft (-1.4%/yr); 668 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• At $6,294/mo this rent would consume 74% of the median local household income ($103k/yr) (locally 606% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($470k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y ago 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 $250k; list at $500k implies a 100% 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→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $469,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-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?
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 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: 1.26% ✓
• Cap rate: 7.64%
• Cash-on-cash: 4.82%
• DSCR: 1.21
• GRM: 6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.55×
• Total profit: $-62,950
• Equity at exit: $74,537

10-year hold

• IRR: -11.0%
• Equity multiple: 0.45×
• Total profit: $-77,207
• Equity at exit: $43,222

Cash invested: $139,972 (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 33928

• Rents YoY: -1.4%
• Active inventory: 668
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $6,294 high
• Mortgage (P&I): −$2,622
• Tax from tax record: −$470 /mo · $5,642/yr
• Insurance: −$208
• HOA: −$1,110
• Vacancy / Maint / Mgmt: −$1,322
• Net cashflow: $562

Break-even live

Break-even rent $5,582

Max offer price $499,900

Occupancy floor 86%

Sensitivity live

Price	-10% $845	-5% $704	+0% $562	+5% $421	+10% $279
Rent	-10% $65	-5% $314	+0% $562	+5% $811	+10% $1,060
Rate	-1.0pp $814	-0.5pp $690	base $562	+0.5pp $433	+1.0pp $301

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: $124,975
• Closing costs: $14,997
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20310 Calice Ct #1202 Estero, FL	3.0	2.0	1569	$5,500	$3.51	25d	1	0.06mi
20271 Calice Ct #2304 Estero, FL	3.0	2.0	2009	$10,500	$5.23	25d	1	0.07mi
20240 Burnside Pl #1603 Estero, FL	3.0	2.5	1656	$5,995	$3.62	25d	1	0.18mi
20187 Buttermere Ct Estero, FL	3.0	3.0	2490	$10,995	$4.42	25d	1	0.31mi
20150 Seagrove St #2701 Estero, FL	3.0	2.5	1856	$2,895	$1.56	17d	1	0.32mi
19520 Highland Oaks Dr Estero, FL	3.0	1.0–2.0	977	$2,720	$2.78	3d	18	0.34mi
20112 Saraceno Dr Estero, FL	3.0	2.0	2107	$10,750	$5.10	25d	1	0.41mi
20101 Seagrove St #708 Estero, FL	3.0	2.0	1431	$5,995	$4.19	25d	1	0.44mi
20099 Seadale Ct Estero, FL	3.0	2.0	2079	$5,500	$2.65	25d	1	0.46mi
20057 Saraceno Dr Estero, FL	3.0	2.0	1848	$7,000	$3.79	25d	1	0.52mi
20053 Saraceno Dr Estero, FL	3.0	2.0	2045	$8,995	$4.40	25d	1	0.52mi
20051 Seagrove St #1202 Estero, FL	3.0	2.0	1567	$5,995	$3.83	25d	1	0.55mi
21489 Sheridan Run Estero, FL	3.0	2.0	1645	$10,000	$6.08	25d	1	0.68mi
21565 Windham Run Estero, FL	3.0	2.0	1947	$3,000	$1.54	25d	1	0.89mi
20257 Royal Villagio Ct Estero, FL	2.0–3.0	2.0	1364	$2,300	$1.69	4d	2	0.92mi
20257 Royal Villagio Ct #202 Estero, FL	3.0	2.0	1537	$2,300	$1.50	25d	1	0.93mi
10257 South Silver Palm Dr Estero, FL	5.0	3.0	2918	$3,500	$1.20	25d	1	0.98mi
20092 Palermo Lake Ct Estero, FL	3.0	2.0	1975	$7,995	$4.05	25d	1	1.02mi
10101 Villagio Palms Way Estero, FL	3.0	2.0–2.5	1732	$2,550	$1.47	4d	2	1.04mi
20091 Palermo Lake Ct Estero, FL	4.0	2.5	2483	$10,950	$4.41	25d	1	1.05mi
20230 Estero Gardens Cir #206 Estero, FL	3.0	2.0	1828	$2,550	$1.39	25d	1	1.06mi
11533 Woodmount Ln Estero, FL	5.0	3.0	2664	$6,500	$2.44	25d	1	1.08mi
12595 Grandezza Cir Estero, FL	3.0	2.0	1649	$10,500	$6.37	25d	1	1.10mi
10140 North Golden Elm Dr Estero, FL	3.0	2.0	1631	$2,500	$1.53	20d	1	1.14mi
20321 Estero Gardens Cir Estero, FL	2.0–3.0	1.5–2.0	1423	$3,700	$2.60	25d	3	1.19mi
19680 Marino Lake Cir #2404 Miromar Lakes, FL	3.0	3.0	2547	$4,000	$1.57	4d	1	1.20mi
19721 Marino Lake Cir #1002 Miromar Lakes, FL	3.0	2.0	2034	$5,000	$2.46	13d	1	1.21mi
21301 S Branch Blvd Estero, FL	1.0–3.0	1.0–2.0	1510	$4,670	$3.09	3d	12	1.22mi
19630 Marino Lake Cir #2703 Miromar Lakes, FL	3.0	3.5	2547	$7,475	$2.93	17d	1	1.24mi
19610 Marino Lake Cir #2904 Miromar Lakes, FL	4.0	3.0	2547	$7,500	$2.94	25d	1	1.28mi
20651 Wildcat Run Dr #101 Estero, FL	3.0	2.0	1624	$3,495	$2.15	25d	1	1.44mi
20884 Thistle Leaf Ln Estero, FL	4.0	4.0	2976	$3,900	$1.31	4d	1	1.48mi

HOA detail condo

• Monthly dues: $1,110 · $13,320/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 36 events

1. 2026-06-17
   days on market $499,900 Active 72 DOM
2. 2026-06-16
   days on market $499,900 Active 71 DOM
3. 2026-06-15
   days on market $499,900 Active 70 DOM
4. 2026-06-13
   days on market $499,900 Active 68 DOM
5. 2026-06-10
   days on market $499,900 Active 65 DOM
6. 2026-06-09
   days on market $499,900 Active 64 DOM
7. 2026-06-07
   days on market $499,900 Active 62 DOM
8. 2026-06-03
   days on market $499,900 Active 58 DOM
9. 2026-06-02
   days on market $499,900 Active 57 DOM
10. 2026-06-01
    days on market $499,900 Active 56 DOM
11. 2026-06-01
    days on market $499,900 Active 55 DOM
12. 2026-04-06
    listed $524,900 Active
13. 2019-11-20
    soldstatus $250,000
14. 2019-11-13
    soldstatus $250,000 Closed 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

15. 2019-10-20
    status Pending 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

16. 2019-09-26
    status Pending With Contingencies 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

17. 2019-09-16
    price $259,900 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

18. 2019-08-26
    price $264,900 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

19. 2019-08-18
    price $268,000 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

20. 2019-07-13
    status Active 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

21. 2019-07-01
    status Pending With Contingencies 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

22. 2019-05-17
    price $269,000 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

23. 2019-05-17
    listed $369,000 Active 1202-char remark

    Show marketing remark (1202 chars)

    Beautiful, clean and neat 2nd floor end unit coach home in beautiful Oakwood @ Grandezza - being offered turnkey furnished * BRAND NEW NEW AC 4/3/19 * Used only as a seasonal residence since 2005! Minimal wear and tear with carpeted living area and tiled wet areas. Sits on a gorgeous lake with fountain view to the left, and golf course views off to the right. Incredibly large lanai for a coach home, featuring roll down shades and an outdoor gril!! Garage features wet sink, storage cabinets, and painted floor - also neat and clean! Kitchen is all white, has beautiful golf course and lake views with corian countertops, overcabinet lighting, and white appliances (all in perfect working condition). Quite a large open split bedroom floor plan here featuring 3 bedrooms (one main master with 3 closets, and another on-suite with a huge walk in closet at the opposite end of the unit), a large open den, family room, breakfast nook, and dining room with two full baths. Oakwood also offers this subdivision their own private pool and club room, with events updated weekly. Grandezza is a beauitful upscale gated with equity golf course AND tennis community with a newly redone 53000sqft clubhouse.

24. 2019-05-16
    historical
25. 2019-05-13
    price $269,400
26. 2019-04-06
    price $279,400
27. 2019-02-15
    listed $279,900 Active
28. 2018-11-13
    price $284,000
29. 2018-09-10
    price $288,000
30. 2018-08-23
    price $292,000
31. 2018-06-07
    price $299,000
32. 2017-05-10
    price $310,000
33. 2016-01-16
    price $321,000
34. 2005-03-29
    soldstatus $338,000
35. 2005-03-25
    soldstatus $336,000
36. 2005-02-19
    price $365,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $5,642 · $470/mo
• Projected year-2 tax: $5,642 · $470/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $75,529
• − Mortgage interest: −$28,002
• − Property taxes: −$5,642
• − Insurance: −$2,500
• − Repairs & maintenance: −$6,042
• − Management: −$6,042
• − HOA: −$13,320
• − Depreciation: −$14,543
• Taxable loss: −$561
• Est. tax savings @ 24.0%: +$135
• After-tax cash flow: $6,883/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 — Estero

• Score: 79/100
• State rank: #149
• US rank: #2242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Estero, FL
• County: Lee County · 788,662 people
• City population: 31,926
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 31,926
• Household income: $102,624
• Rent vs Own: 12.6% rent · 87.4% own
• Severe rent burden: 606.0

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: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, China, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -109.49%
• Current HPI: 197.5913
• Rent YoY: ▼ -1.42%
• 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

+43.8% since first listed

25 events — show timeline

• 2026-04-06 Listed $524,900 BEARMLS
• 2019-11-20 Sold (Public Records) $250,000 Public Records
• 2019-11-13 Sold (MLS) $250,000 FORTMLS
• 2019-10-20 Pending — FORTMLS
• 2019-09-26 Pending — FORTMLS
• 2019-09-16 Price Changed $259,900 FORTMLS
• 2019-08-26 Price Changed $264,900 FORTMLS
• 2019-08-18 Price Changed $268,000 FORTMLS
• 2019-07-13 Relisted — FORTMLS
• 2019-07-01 Pending — FORTMLS
• 2019-05-17 Price Changed $269,000 FORTMLS
• 2019-05-17 Listed $369,000 FORTMLS
• 2019-05-16 Listing Removed — FORTMLS
• 2019-05-13 Price Changed $269,400 FORTMLS
• 2019-04-06 Price Changed $279,400 FORTMLS
• 2019-02-15 Listed $279,900 FORTMLS
• 2018-11-13 Price Changed $284,000 BEARMLS
• 2018-09-10 Price Changed $288,000 BEARMLS
• 2018-08-23 Price Changed $292,000 BEARMLS
• 2018-06-07 Price Changed $299,000 BEARMLS
• 2017-05-10 Price Changed $310,000 BEARMLS
• 2016-01-16 Price Changed $321,000 BEARMLS
• 2005-03-29 Sold (Public Records) $338,000 Public Records
• 2005-03-25 Sold (MLS) $336,000 FORTMLS
• 2005-02-19 Price Changed $365,000 FORTMLS

Property tax history

+3.8%/yr

Latest (2025): $5,642 · -1.7% YoY. Source: county tax records.