55 Emerald Woods Dr Unit C9 · Pine Ridge, FL 34108

$269,900

1 bd · 1.5 ba · 809 sqft · Condo public records · 147 Days on market

Built 1987 $717/mo HOA · 17% of rent

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +4.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

MOTIVATED SELLER!Perfect for first time home buyer or investor! This first floor condo is in the small community of Emerald Woods @ Pine Lakes, situated just South of Vanderbilt Beach Rd- only a 4 minute drive to the beach, and right around the corner (less than 1 mile) from the fantastic shopping & dining of Mercato. A screened front entry & front lanai, private lanai off of the bedroom, mirrored closet doors, tile flooring throughout, an open concept kitchen with pantry & enough room for an auxiliary island, and recessed lighting over the breakfast bar are just a few of the bells & whistles this 1 bed/1 bath home with almost 1,000sf has to offer. The front entry is in the rear of the building, and the walkway to the front door is lined with gorgeous mature tropical landscaping- which provides plenty of privacy for both lanais in addition to giving you a beautiful pathway to your home. Emerald Woods is a non-gated community that offers a large community room, pool, spa, and assigned parking. To top it off, it is surrounded by a neighborhood of multi-million dollar homes, making it a great location for walking, jogging, or bike riding.

Key facts

• Two private patios
• Hot tub
• Spa-like pool

Tags

• TWO PRIVATE PATIOS
• OUTDOOR STORAGE CLOSET
• STEPS FROM CLUBHOUSE
• SPA-LIKE POOL
• HOT TUB
• NEW ROOF

Property features AI

Finance

• Other: Community pool
• Financial info: Pets allowed conditionally (call) — maximum 1 pet up to 25 lbs
• HOA & community: Homeowners association with quarterly fee; Association fee covers management, irrigation water, pest control and recreation facilities; Community amenities include clubhouse, pool, spa/hot tub, storage and management; Community has approximately 150 units; Non-gated community

Exterior

• Parking: Assigned parking; Guest parking; Paved parking; Detached carport; One covered space (carport)
• Utilities: Public water; Public sewer; Cable available; High-speed internet available
• Home design: Single-story; Entry at level 1; Faces south; Resale property
• Construction: Block, concrete and stucco construction; Shingle roof
• Exterior features: Lanai; Porch; Screened porch; Privacy wall; Zero lot line; Paved road; North exposure

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Refrigerator with ice maker; Icemaker; Disposal
• Flooring: Tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Breakfast bar; Family/dining room; Combined living/dining room; Main level primary suite; Tub with shower; Single-hung windows; Wheelchair accessible; Furnishing negotiable
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $270k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $270k).
• Recommended offer: $238k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 3.4% in Pine Ridge — 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 67/100 on livability (#565 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: health & safety C-, amenities F, commute 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 rising fast (+8.7%/yr); 684 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $76k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y 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 $144k; list at $270k implies a 87% 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→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $237,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.57% ✓
• Cap rate: 10.85%
• Cash-on-cash: 16.26%
• DSCR: 1.72
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 13.7%
• Equity multiple: 1.59×
• Total profit: $44,213
• Equity at exit: $40,243

10-year hold

• IRR: 26.5%
• Equity multiple: 3.99×
• Total profit: $225,788
• Equity at exit: $23,336

Cash invested: $75,572 (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 34108

• Rents YoY: 8.7%
• Active inventory: 684
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $4,237 high
• Mortgage (P&I): −$1,415
• Tax from tax record: −$79 /mo · $942/yr
• Insurance: −$112
• HOA: −$717
• Vacancy / Maint / Mgmt: −$890
• Net cashflow: $1,024

Break-even live

Break-even rent $2,941

Max offer price $269,900

Occupancy floor 71%

Sensitivity live

Price	-10% $1,177	-5% $1,100	+0% $1,024	+5% $947	+10% $871
Rent	-10% $689	-5% $857	+0% $1,024	+5% $1,191	+10% $1,359
Rate	-1.0pp $1,160	-0.5pp $1,093	base $1,024	+0.5pp $954	+1.0pp $883

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
516 Gordonia Rd Naples, FL	2.0	1.0	1100	$3,200	$2.91	25d	1	0.61mi
9123 Strada Pl Naples, FL	1.0–2.0	1.0–2.0	1267	$5,000	$3.94	15d	6	0.67mi
200 Cajeput Dr Naples, FL	1.0	1.0	750	$2,500	$3.33	25d	1	0.70mi
757 95th Ave N Naples, FL	2.0	2.0	1100	$2,150	$1.95	25d	1	1.12mi
301 Ridge Dr Naples, FL	2.0	2.0	900	$6,000	$6.67	25d	1	1.23mi
668 97th Ave N Unit A Naples, FL	2.0	1.0	775	$4,500	$5.81	25d	1	1.32mi
7719 Jewel Ln #103 Naples, FL	2.0	2.0	1022	$3,800	$3.72	25d	1	1.35mi
7756 Jewel Ln #102 Naples, FL	2.0	2.0	1022	$3,700	$3.62	25d	1	1.36mi
7750 Jewel Ln #103 Naples, FL	2.0	2.0	1102	$2,100	$1.91	15d	1	1.36mi
7712 Jewel Ln Naples, FL	2.0	2.0	1022	$1,850	$1.81	25d	1	1.39mi
751 100th Ave N Naples, FL	2.0	1.0	912	$4,000	$4.39	25d	1	1.41mi
7754 Emerald Cir Unit T202 Naples, FL	2.0	2.0	1022	$3,850	$3.77	15d	1	1.44mi

HOA detail condo

• Monthly dues: $717 · $8,604/yr
• Likely covers: landscapingpoolsecurityparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-10
   days on market $269,900 Active 147 DOM
2. 2026-06-09
   days on market $269,900 Active 146 DOM
3. 2026-06-08
   days on market $269,900 Active 145 DOM
4. 2026-06-07
   days on market $269,900 Active 144 DOM
5. 2026-06-03
   days on market $269,900 Active 140 DOM
6. 2026-06-02
   days on market $269,900 Active 139 DOM
7. 2026-06-01
   days on market $269,900 Active 138 DOM
8. 2026-05-31
   days on market $269,900 Active 137 DOM
9. 2026-05-30
   days on market $269,900 Active 136 DOM
10. 2026-01-13
    listed $269,900 Active
11. 2025-11-24
    historical
12. 2025-09-12
    listed $275,000 Active
13. 2019-08-05
    soldstatus $144,000
14. 2019-08-02
    soldstatus $144,000 Sold 1177-char remark

    Show marketing remark (1177 chars)

    MOTIVATED SELLER!Perfect for first time home buyer or investor! This first floor condo is in the small community of Emerald Woods @ Pine Lakes, situated just South of Vanderbilt Beach Rd- only a 4 minute drive to the beach, and right around the corner (less than 1 mile) from the fantastic shopping & dining of Mercato. A screened front entry & front lanai, private lanai off of the bedroom, mirrored closet doors, tile flooring throughout, an open concept kitchen with pantry & enough room for an auxiliary island, and recessed lighting over the breakfast bar are just a few of the bells & whistles this 1 bed/1 bath home with almost 1,000sf has to offer. The front entry is in the rear of the building, and the walkway to the front door is lined with gorgeous mature tropical landscaping- which provides plenty of privacy for both lanais in addition to giving you a beautiful pathway to your home. Emerald Woods is a non-gated community that offers a large community room, pool, spa, and assigned parking. To top it off, it is surrounded by a neighborhood of multi-million dollar homes, making it a great location for walking, jogging, or bike riding.

15. 2019-06-30
    status Pending With Contingencies 1177-char remark

    Show marketing remark (1177 chars)

    MOTIVATED SELLER!Perfect for first time home buyer or investor! This first floor condo is in the small community of Emerald Woods @ Pine Lakes, situated just South of Vanderbilt Beach Rd- only a 4 minute drive to the beach, and right around the corner (less than 1 mile) from the fantastic shopping & dining of Mercato. A screened front entry & front lanai, private lanai off of the bedroom, mirrored closet doors, tile flooring throughout, an open concept kitchen with pantry & enough room for an auxiliary island, and recessed lighting over the breakfast bar are just a few of the bells & whistles this 1 bed/1 bath home with almost 1,000sf has to offer. The front entry is in the rear of the building, and the walkway to the front door is lined with gorgeous mature tropical landscaping- which provides plenty of privacy for both lanais in addition to giving you a beautiful pathway to your home. Emerald Woods is a non-gated community that offers a large community room, pool, spa, and assigned parking. To top it off, it is surrounded by a neighborhood of multi-million dollar homes, making it a great location for walking, jogging, or bike riding.

16. 2019-02-15
    price $159,000 1177-char remark

    Show marketing remark (1177 chars)

    MOTIVATED SELLER!Perfect for first time home buyer or investor! This first floor condo is in the small community of Emerald Woods @ Pine Lakes, situated just South of Vanderbilt Beach Rd- only a 4 minute drive to the beach, and right around the corner (less than 1 mile) from the fantastic shopping & dining of Mercato. A screened front entry & front lanai, private lanai off of the bedroom, mirrored closet doors, tile flooring throughout, an open concept kitchen with pantry & enough room for an auxiliary island, and recessed lighting over the breakfast bar are just a few of the bells & whistles this 1 bed/1 bath home with almost 1,000sf has to offer. The front entry is in the rear of the building, and the walkway to the front door is lined with gorgeous mature tropical landscaping- which provides plenty of privacy for both lanais in addition to giving you a beautiful pathway to your home. Emerald Woods is a non-gated community that offers a large community room, pool, spa, and assigned parking. To top it off, it is surrounded by a neighborhood of multi-million dollar homes, making it a great location for walking, jogging, or bike riding.

17. 2018-08-28
    listed $169,000 Active 1177-char remark

    Show marketing remark (1177 chars)

    MOTIVATED SELLER!Perfect for first time home buyer or investor! This first floor condo is in the small community of Emerald Woods @ Pine Lakes, situated just South of Vanderbilt Beach Rd- only a 4 minute drive to the beach, and right around the corner (less than 1 mile) from the fantastic shopping & dining of Mercato. A screened front entry & front lanai, private lanai off of the bedroom, mirrored closet doors, tile flooring throughout, an open concept kitchen with pantry & enough room for an auxiliary island, and recessed lighting over the breakfast bar are just a few of the bells & whistles this 1 bed/1 bath home with almost 1,000sf has to offer. The front entry is in the rear of the building, and the walkway to the front door is lined with gorgeous mature tropical landscaping- which provides plenty of privacy for both lanais in addition to giving you a beautiful pathway to your home. Emerald Woods is a non-gated community that offers a large community room, pool, spa, and assigned parking. To top it off, it is surrounded by a neighborhood of multi-million dollar homes, making it a great location for walking, jogging, or bike riding.

18. 2018-05-30
    historical
19. 2018-03-01
    price $177,000
20. 2017-12-20
    listed $180,900 Active
21. 2017-12-02
    historical
22. 2017-05-24
    price $185,900
23. 2017-02-03
    price $189,900
24. 2016-12-02
    listed $199,000 Active
25. 2004-10-08
    soldstatus $121,000
26. 1994-06-09
    soldstatus $55,000

ⓘ 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: $942 · $79/mo
• Projected year-2 tax: $2,240 · $187/mo
• Expected delta: +$1,298/yr (+$108/mo · 137.7%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 32 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

Taxation est. · year 1

• Rental income: $50,844
• − Mortgage interest: −$15,119
• − Property taxes: −$942
• − Insurance: −$1,350
• − Repairs & maintenance: −$4,068
• − Management: −$4,068
• − HOA: −$8,604
• − Depreciation: −$7,852
• Taxable income: $8,843
• Est. tax owed @ 24.0%: −$2,122
• After-tax cash flow: $10,164/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: 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

Livability — Pine Ridge

• Score: 67/100
• State rank: #565
• US rank: #10798

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pine Ridge, FL
• County: Collier County · 396,295 people
• City population: 18,514
• Metro: Naples-Marco Island, FL
• Population (ZIP): 16,237
• Household income: $119,212
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 237.0

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 8% Two or more races 7% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 2% Cuban 3%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 3%
• Foreign-born: 16% · Canada, Dominican Republic, South Korea
• Languages at home: 86% English-only · Spanish 6% Russian/Polish/Slavic 2% Other Indo-European 2%

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: ▼ -587.97%
• Current HPI: 275.1872
• Rent YoY: ▲ 8.74%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+390.7% since first listed

17 events — show timeline

• 2026-01-13 Listed $269,900 FORTMLS
• 2025-11-24 Listing Removed — FORTMLS
• 2025-09-12 Listed $275,000 FORTMLS
• 2019-08-05 Sold (Public Records) $144,000 Public Records
• 2019-08-02 Sold (MLS) $144,000 FORTMLS
• 2019-06-30 Pending — FORTMLS
• 2019-02-15 Price Changed $159,000 FORTMLS
• 2018-08-28 Listed $169,000 FORTMLS
• 2018-05-30 Listing Removed — NAPLESMLS
• 2018-03-01 Price Changed $177,000 NAPLESMLS
• 2017-12-20 Listed $180,900 NAPLESMLS
• 2017-12-02 Listing Removed — NAPLESMLS
• 2017-05-24 Price Changed $185,900 NAPLESMLS
• 2017-02-03 Price Changed $189,900 NAPLESMLS
• 2016-12-02 Listed $199,000 NAPLESMLS
• 2004-10-08 Sold (Public Records) $121,000 Public Records
• 1994-06-09 Sold (Public Records) $55,000 Public Records

Property tax history

+1.3%/yr

Latest (2025): $942 · +2.9% YoY. Source: county tax records.