1113 Enrique St E · Lehigh Acres, FL 33974

$330,000

3 bd · 3.0 ba · 1,357 sqft · Land · 83 Days on market

Built 2025

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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 +5.4/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.3/5.0
• 1% rule +1.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

Key facts

• Contemporary kitchen
• Spacious living area
• Premium countertops

Tags

• NEW CONSTRUCTION HOME
• IMPACT RESISTANT WINDOWS
• OPEN CONCEPT LAYOUT
• SPACIOUS LIVING AREA
• CONTEMPORARY KITCHEN
• PREMIUM COUNTERTOPS

Property features AI

Exterior

• Parking: Driveway; 1 covered space; 1-car garage
• Utilities: Public water; Septic tank
• Home design: Single-story; New construction
• Construction: Block construction; Shingle roof
• Exterior features: Patio; Room for a pool; Quarter- to half-acre lot; North-facing

Interior

• Kitchen: Dryer; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: Bedroom(s) on main level
• Flooring: Ceramic tile; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Impact glass windows; Bedroom on the main level; First-floor entry
• Laundry & utility: Washer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath land listed at $330k.

Deal economics

• At list price, monthly cash flow is $-724 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $225k (31.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (40.3% below list).
• Recommended offer: $197k (40.3% below list) — sets the bar for 1% rule.
• Cap rate 3.7% 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 falling (-4.7%/yr); 2476 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 33% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $33k 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 ~$57k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($310k) 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 $15k; list at $330k implies a 2137% 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 $197,052 (40.3% 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 83 days. Have you received any prior offers? Is the seller open to a 40% 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: 0.60% ✗
• Cap rate: 3.66%
• Cash-on-cash: -9.40%
• DSCR: 0.58
• GRM: 14.0

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: 17.0%
• Equity multiple: 2.38×
• Total profit: $127,880
• Equity at exit: $297,290

10-year hold

• IRR: 15.6%
• Equity multiple: 5.36×
• Total profit: $402,558
• Equity at exit: $641,117

Cash invested: $92,400 (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 33974

• Home prices YoY: 5.8%
• Rents YoY: -4.7%
• Active inventory: 2476
• Price-to-rent: 14.0×

Monthly cashflow live

• Estimated rent: $1,971 high
• Mortgage (P&I): −$1,731
• Tax est. 1.5%: −$412 /mo · $4,950/yr
• Insurance: −$138
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $-724

Break-even live

Break-even rent $2,887

Max offer price $225,258

Occupancy floor —

Sensitivity live

Price	-10% $-496	-5% $-610	+0% $-724	+5% $-838	+10% $-952
Rent	-10% $-880	-5% $-802	+0% $-724	+5% $-646	+10% $-568
Rate	-1.0pp $-558	-0.5pp $-640	base $-724	+0.5pp $-809	+1.0pp $-896

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: $82,500
• Closing costs: $9,900
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1107 Enrique St E Lehigh Acres, FL	3.0	2.0	1363	$1,800	$1.32	25d	1	0.06mi
1051 Marine Ave S Lehigh Acres, FL	3.0	2.0	1057	$1,800	$1.70	25d	1	0.32mi
1028 Eubanks St Lehigh Acres, FL	3.0	3.0	1200	$1,950	$1.62	17d	1	0.49mi
934 Marilyn Ave S Lehigh Acres, FL	4.0	2.0	1577	$2,000	$1.27	3d	1	0.51mi
934 Marilyn Ave S Lehigh Acres, FL	4.0	2.0	1577	$2,000	$1.27	13d	1	0.51mi
1150 Darling St E Lehigh Acres, FL	3.0	2.0	1292	$1,800	$1.39	25d	1	0.58mi
847 Genoa Ave Lehigh Acres, FL	3.0	2.0	1600	$2,000	$1.25	5d	1	0.60mi
1142 Dutchess St E Lehigh Acres, FL	4.0	2.5	1632	$2,400	$1.47	25d	1	0.62mi
1089 Eisenhower Blvd Lehigh Acres, FL	4.0	2.0	1639	$2,000	$1.22	5d	1	0.62mi
1121 Deauville St E Lehigh Acres, FL	3.0	2.0	1698	$2,100	$1.24	25d	1	0.63mi
1125 Deauville St E Lehigh Acres, FL	3.0	2.0	1292	$1,900	$1.47	4d	1	0.63mi
1129 Deauville St E Lehigh Acres, FL	3.0	2.0	1698	$2,100	$1.24	25d	1	0.64mi
936 Eisenhower Blvd Lehigh Acres, FL	3.0	2.0	1300	$1,395	$1.07	5d	1	0.71mi
828 Genoa Ave S Lehigh Acres, FL	4.0	2.5	1632	$2,400	$1.47	25d	1	0.74mi
915 Graystone Ave Lehigh Acres, FL	3.0	2.0	1115	$1,525	$1.37	16d	1	0.78mi
1129 Graystone Ave Lehigh Acres, FL	3.0	2.0	1025	$1,600	$1.56	25d	1	0.79mi
941 Elgin St Lehigh Acres, FL	3.0	2.0	1582	$2,664	$1.68	25d	1	0.84mi
1135 Harvest Ave Unit A Lehigh Acres, FL	2.0	2.0	1150	$1,450	$1.26	16d	1	0.88mi
827 Eisenhower Blvd Lehigh Acres, FL	3.0	2.5	1640	$1,780	$1.09	13d	1	1.02mi
1018 Garnet Ave Lehigh Acres, FL	3.0	2.0	1381	$1,575	$1.14	25d	1	1.05mi
819 Eisenhower Blvd Unit 819 Lehigh Acres, FL	3.0	2.0	1390	$1,650	$1.19	25d	1	1.06mi
763 Puccini Ave S Lehigh Acres, FL	3.0	2.0	1055	$1,699	$1.61	4d	1	1.08mi
765 Aprile Ave S Lehigh Acres, FL	4.0	2.0	1712	$2,100	$1.23	3d	1	1.16mi
1248 Columbus Blvd Unit B Fort Myers, FL	3.0	2.0	1100	$1,850	$1.68	25d	1	1.18mi
1253 Columbus Blvd Fort Myers, FL	3.0	2.0	1288	$1,650	$1.28	25d	1	1.24mi
761 Kirkman Ave S Lehigh Acres, FL	3.0	2.0	1188	$1,900	$1.60	25d	1	1.25mi
756 Holmes Ave Lehigh Acres, FL	3.0	2.0	1100	$1,450	$1.32	12d	1	1.32mi
925 Chenault St Lehigh Acres, FL	3.0	2.0	1132	$1,700	$1.50	25d	1	1.32mi
927 Chenault St Lehigh Acres, FL	3.0	2.0	1132	$1,700	$1.50	25d	1	1.32mi
1262 Best Ave Fort Myers, FL	3.0	2.0	1288	$1,600	$1.24	16d	1	1.33mi
930 Ainsworth St W Lehigh Acres, FL	3.0	2.0	1165	$1,395	$1.20	17d	1	1.37mi
907 Chenault St Lehigh Acres, FL	2.0	4.0	1200	$1,250	$1.04	16d	1	1.39mi
730 Holmes Ave Unit 728 Lehigh Acres, FL	3.0	2.0	1080	$1,500	$1.39	13d	1	1.45mi
708 Genoa Ave S Lehigh Acres, FL	3.0	2.0	1055	$1,650	$1.56	5d	1	1.46mi

Listing history 24 events

1. 2026-06-22
   days on market $330,000 Active 83 DOM
2. 2026-06-17
   days on market $330,000 Active 79 DOM
3. 2026-06-16
   days on market $330,000 Active 78 DOM
4. 2026-06-15
   days on market $330,000 Active 77 DOM
5. 2026-06-13
   days on market $330,000 Active 75 DOM
6. 2026-06-10
   days on market $330,000 Active 72 DOM
7. 2026-06-09
   days on market $330,000 Active 71 DOM
8. 2026-06-07
   days on market $330,000 Active 69 DOM
9. 2026-06-03
   days on market $330,000 Active 65 DOM
10. 2026-06-02
    days on market $330,000 Active 64 DOM
11. 2026-06-01
    days on market $330,000 Active 63 DOM
12. 2026-06-01
    days on market $330,000 Active 62 DOM
13. 2026-05-20
    historical
14. 2026-04-29
    price $329,999
15. 2026-04-29
    price $330,000
16. 2026-04-05
    price $339,999
17. 2026-03-30
    listed $340,000 Active
18. 2026-03-28
    listed $340,000 Active
19. 2025-05-06
    soldstatus $14,750
20. 2025-04-25
    soldstatus $17,000 Sold 938-char remark

    Show marketing remark (938 chars)

    Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

21. 2025-04-03
    status Pending 938-char remark

    Show marketing remark (938 chars)

    Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

22. 2025-03-22
    price $18,900 938-char remark

    Show marketing remark (938 chars)

    Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

23. 2025-03-17
    price $19,300 938-char remark

    Show marketing remark (938 chars)

    Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

24. 2025-03-07
    listed $19,900 Active 938-char remark

    Show marketing remark (938 chars)

    Don't miss one of the most affordable buildable lots in the area! This property is lightly wooded, saving you on clearing costs compared to other lots. With new construction booming all around, now is the time to invest before prices rise! Enjoy peace and privacy while still being conveniently located near everything you need. Nearby attractions include Lazy Springs Recreational Park, Majestic Golf Club, and Healthy Harvest Community Farms. Outdoor enthusiasts will love the proximity to Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, where you can enjoy paved trails, kayak rentals, and up-close views of manatees. Caloosahatchee Regional Park offers nearly 770 acres of hiking, biking, and camping. Plus, you’re just a short drive from beautiful Gulf Coast beaches! Experience the best of SW Florida living—secure your piece of paradise today while prices remain affordable!

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,646
• − Mortgage interest: −$18,485
• − Property taxes: −$4,950
• − Insurance: −$1,650
• − Repairs & maintenance: −$1,892
• − Management: −$1,892
• − Depreciation: −$9,600
• Taxable loss: −$14,822
• Est. tax savings @ 24.0%: +$3,557
• After-tax cash flow: $-5,129/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): 19,927
• Household income: $72,192
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 434.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 52% Two or more races 31% White 26% Black 18%
• Hispanic origin (detail): Mexican 12% Puerto Rican 7% Cuban 20% Dominican 4%
• Common ancestry: Hispanic 7% Italian 1% Portuguese 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 48% English-only · Spanish 43% French/Haitian/Cajun 7% Other Indo-European 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: ▲ 16.53%
• Current HPI: 303.3399
• Rent YoY: ▼ -4.68%
• 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

+1558.3% since first listed

12 events — show timeline

• 2026-05-20 Listing Removed — NAPLESMLS
• 2026-04-29 Price Changed $329,999 NAPLESMLS
• 2026-04-29 Price Changed $330,000 MARMLS
• 2026-04-05 Price Changed $339,999 NAPLESMLS
• 2026-03-30 Listed $340,000 MARMLS
• 2026-03-28 Listed $340,000 NAPLESMLS
• 2025-05-06 Sold (Public Records) $14,750 Public Records
• 2025-04-25 Sold (MLS) $17,000 BEARMLS
• 2025-04-03 Pending — BEARMLS
• 2025-03-22 Price Changed $18,900 BEARMLS
• 2025-03-17 Price Changed $19,300 BEARMLS
• 2025-03-07 Listed $19,900 BEARMLS

Property tax history

+10.1%/yr

Latest (2025): $384 · +12.1% YoY. Source: county tax records.