40 Le Mans Dr · Lely, FL 34112

$170,500

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 372 Days on market

Built 1975 5,227 sqft lot $144/mo HOA · 6% 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 +28.2/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

Key facts

• Newer ac
• Hurricane windows
• Plantation shutters

Tags

• FLORIDA ROOM
• HURRICANE WINDOWS
• PLANTATION SHUTTERS
• NEWER AC
• NEWER WATER HEATER
• NEWER IRRIGATION PUMP

Property features AI

Finance

• Other: Property is one unit in a complex of 692 units; Single-floor home (1 floor)
• HOA & community: Mandatory HOA; Quarterly HOA fee ($431); Total annual recurring fees $1,724; One-time fees $500; Professional management; Community is non-gated; Community amenities include clubhouse, community pool, exercise room, library, community room, hobby room, tennis, pickleball, basketball, shuffleboard, bike/jog path, sidewalks, streetlights and more

Exterior

• Parking: Covered parking; Paved driveway; Attached 1-car carport
• Security: Impact-resistant windows; Smoke detector
• Utilities: Central water; Central sewer; Cable available
• Home design: Manufactured residential home; 1-story ranch design; Rear exposure facing east; Located in Riviera Golf Estates (Riviera Colony Golf Estates)
• Construction: Manufactured construction; Built in 1975
• Exterior features: Decorative shutters; Automatic sprinkler system; Impact-resistant windows; Single-hung and sliding windows; Aluminum siding; Metal roof; Roof over

Interior

• Kitchen: Dishwasher; Microwave; Self-cleaning oven; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms; Master bathroom with shower only
• Heating & cooling: Central electric heat; Central electric cooling
• Interior features: Built-in cabinets; Cable prewire; Walk-in closet; Dining in living area; Florida room; Split-bedroom floor plan; Unfurnished
• Laundry & utility: Washer; Dryer; Smoke detector

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $113 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#586 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+; Watch: schools D+, health & safety D, amenities 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.
• Market conditions: Rents soft (-1.7%/yr); 771 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
• This rent runs 39% of the median local income ($70k/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 372 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 11y ago; this cycle's ask is 8425% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,040 (12.0% below list)

Questions for the listing agent

1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.34% ✓
• Cap rate: 10.09%
• Cash-on-cash: 13.56%
• DSCR: 1.60
• GRM: 6.2

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: -16.4%
• Equity multiple: 0.44×
• Total profit: $-26,759
• Equity at exit: $25,422

10-year hold

• IRR: -18.4%
• Equity multiple: 0.20×
• Total profit: $-38,414
• Equity at exit: $14,742

Cash invested: $47,740 (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 34112

• Rents YoY: -1.7%
• Active inventory: 771
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,276 high
• Mortgage (P&I): −$894
• Tax from tax record: −$150 /mo · $1,797/yr
• Insurance: −$71
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$144
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $113

Break-even live

Break-even rent $2,133

Max offer price $170,500

Occupancy floor 90%

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: $42,625
• Closing costs: $5,115
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
360 Charlemagne Blvd Unit D105 Naples, FL	2.0	2.0	1082	$3,200	$2.96	23d	1	0.43mi
332 Charlemagne Blvd Unit H101 Naples, FL	2.0	2.0	1082	$3,500	$3.23	23d	1	0.50mi
332 Charlemagne Blvd Unit H103 Naples, FL	2.0	2.0	1082	$3,495	$3.23	23d	1	0.50mi
2093 Pine Isle Ln #2093 Naples, FL	2.0	2.0	927	$1,695	$1.83	23d	1	0.54mi
200 Valley Stream Dr Unit 8B Naples, FL	2.0	2.0	979	$1,750	$1.79	23d	1	0.55mi
4290 Gulfstream Dr #5 Naples, FL	2.0	2.0	956	$1,600	$1.67	23d	1	0.56mi
4300 Gulfstream Dr Unit 2D Naples, FL	2.0	2.0	1115	$1,295	$1.16	23d	1	0.56mi
300 Valley Stream Dr Unit 3D Naples, FL	2.0	2.0	979	$1,795	$1.83	21d	1	0.58mi
300 Valley Stream Dr Unit 3D Naples, FL	2.0	2.0	979	$1,795	$1.83	23d	1	0.58mi
5419 Rattlesnake Hammock Rd Unit 307F Naples, FL	2.0	2.0	1071	$1,950	$1.82	13d	1	0.60mi
4900 Biscayne Dr #22 Naples, FL	2.0	2.0	1108	$1,800	$1.62	21d	1	0.64mi
5499 Rattlesnake Hammock Rd Naples, FL	2.0	2.0	1071	$1,775	$1.66	13d	2	0.65mi
3625 Boca Ciega Dr Naples, FL	2.0	2.0	930	$2,400	$2.58	23d	2	0.66mi
3655 Boca Ciega Dr #202 Naples, FL	2.0	2.0	966	$1,800	$1.86	23d	1	0.71mi
5483 Rattlesnake Hammock Rd Unit 201B Naples, FL	2.0	2.0	1071	$1,800	$1.68	13d	1	0.79mi
240 Pebble Beach Blvd #702 Naples, FL	2.0	2.0	1090	$4,000	$3.67	23d	1	0.86mi
190 Pebble Beach Blvd #301 Naples, FL	2.0	2.0	954	$1,700	$1.78	23d	1	0.87mi
5635 Rattlesnake Hammock Rd Apt 203D Naples, FL	2.0	2.0	1054	$1,700	$1.61	21d	1	0.87mi
5665 Whitaker Rd #202 Naples, FL	2.0	2.0	1099	$1,900	$1.73	21d	1	0.90mi
5651 Rattlesnake Hammock Rd Unit C-108 Naples, FL	2.0	2.0	1054	$1,800	$1.71	23d	1	0.91mi
4360 Petal Dr Naples, FL	3.0	1.0–2.0	1018	$2,566	$2.52	13d	37	0.93mi
4556 Andover Way Unit E104 Naples, FL	2.0	2.0	1072	$5,000	$4.66	13d	1	1.04mi
2712 Kings Lake Blvd #201 Naples, FL	1.0	1.0	1076	$2,850	$2.65	23d	1	1.10mi
3806 Guilford Rd Unit 4 Naples, FL	2.0	2.0	1100	$1,750	$1.59	23d	1	1.11mi
2648 Kings Lake Blvd Unit 6-201 Naples, FL	3.0	2.0	1060	$2,200	$2.08	21d	1	1.12mi
2644 Kings Lake Blvd Unit 6-103 Naples, FL	2.0	2.0	911	$1,875	$2.06	23d	1	1.13mi
153 Bristol Ln Unit A Naples, FL	2.0	2.0	1009	$2,250	$2.23	13d	1	1.18mi
153 Bristol Ln Unit F102 Naples, FL	2.0	2.0	1009	$4,900	$4.86	23d	1	1.18mi
905 Augusta Blvd Naples, FL	2.0	2.0	1125	$1,850	$1.64	23d	1	1.30mi
159 Teryl Rd #2 Naples, FL	2.0	2.0	1080	$5,200	$4.81	13d	1	1.31mi
3619 Poplar Way Unit B Naples, FL	2.0	2.0	1045	$2,300	$2.20	23d	1	1.33mi
131 Teryl Rd Unit 3UNIT 3 Naples, FL	2.0	2.0	1080	$1,750	$1.62	13d	1	1.34mi
131 Teryl Rd Unit C3 Naples, FL	2.0	2.0	1080	$3,495	$3.24	23d	1	1.34mi
1875 Florida Club Dr Naples, FL	2.0	1.0	1016	$1,722	$1.69	23d	2	1.35mi
3561 Thomasson Dr Naples, FL	2.0	2.0	1085	$8,000	$7.37	23d	1	1.36mi
149 Palm Dr Unit 8617 Naples, FL	2.0	2.0	981	$2,000	$2.04	13d	1	1.36mi
2972 Kings Lake Blvd #2972 Naples, FL	2.0	2.0	1100	$3,000	$2.73	23d	1	1.36mi
705 Augusta Blvd Unit 705-5 Naples, FL	2.0	2.0	1125	$2,000	$1.78	13d	1	1.40mi
605 Augusta Blvd #14 Naples, FL	2.0	2.0	1125	$4,000	$3.56	23d	1	1.41mi
605 Augusta Blvd #4 Naples, FL	2.0	2.0	1125	$3,950	$3.51	13d	1	1.41mi

HOA detail

• Monthly dues: $144 · $1,728/yr
• Likely covers: waterinternetpool

Listing history 36 events

1. 2026-06-18
   days on market $170,500 Active 372 DOM
2. 2026-06-17
   days on market $170,500 Active 371 DOM
3. 2026-06-16
   days on market $170,500 Active 370 DOM
4. 2026-06-15
   days on market $170,500 Active 369 DOM
5. 2026-06-10
   days on market $170,500 Active 364 DOM
6. 2026-06-09
   days on market $170,500 Active 363 DOM
7. 2026-06-08
   days on market $170,500 Active 362 DOM
8. 2026-06-07
   days on market $170,500 Active 361 DOM
9. 2026-06-02
   days on market $170,500 Active 356 DOM
10. 2026-06-01
    days on market $170,500 Active 355 DOM
11. 2026-05-31
    days on market $170,500 Active 354 DOM
12. 2026-05-30
    days on market $170,500 Active 353 DOM
13. 2026-03-16
    listed $2,000
14. 2025-11-07
    price $170,500
15. 2025-10-06
    price $175,500
16. 2025-06-19
    price $179,500
17. 2025-06-11
    listed $184,000 Active
18. 2024-04-09
    soldstatus $175,000 Closed 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

19. 2024-03-12
    status Pending 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

20. 2024-02-20
    price $209,000 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

21. 2024-02-06
    price $225,000 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

22. 2024-01-28
    price $250,000 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

23. 2024-01-12
    listed $255,000 Active 952-char remark

    Show marketing remark (952 chars)

    This well maintained 2-bd/2-ba manufactured home is located in the heart of Naples. The home features a bright and open floor plan, with a spacious living room, dining area, and kitchen. The kitchen was renovated 5 years ago and is equipped with stainless steel appliances. It also includes NEW HURRICANE windows in the living room (2022), New Side Storm Door, Plantation Shutters throughout, NEWER AC (2022), Newer Water Heater (2021), NEW Irrigation Pump (2023). The Primary bedroom has a walk-in closet and an en-suite bathroom with new Barn Doors. You OWN your land and the low HOA fees include Internet! ACTIVE OVER 55 COMMUNITY, PICKLE BALL TENNIS, EXERCISE ROOM, AND A BRAND-NEW POOL WITH LAP LANES. It is situated in a quiet and peaceful neighborhood, close to shopping, dining, and entertainment. It's conveniently located, with just a short ten-minute drive to Downtown Naples, and only 8 miles from the Gorgeous Beaches Naples is famous for!

24. 2021-05-20
    soldstatus $135,000
25. 2021-05-04
    soldstatus $135,000 Sold 1101-char remark

    Show marketing remark (1101 chars)

    This bright and spacious home, with an open floor plan and large screened-in lanai (198 additional S/F of living space), features NEW ENGINEERED VINYL PLANK FLOORS with new SUB-FLOORING throughout (2020), an AMS WEATHER-LOK ROOF (2018, lifetime warranty), and a NEWER AC (2018). The kitchen has also undergone renovations with NEWER STAINLESS STEEL APPLIANCES (fridge/oven/dishwasher), a new penny tile back-splash, and replaced cabinets. The home is being sold TURNKEY, with fashionable furniture (see attached inventory), and it also has a well for lawn irrigation. Riviera Golf Estates has great amenities including a new heated pool with lap lanes(soon to be installed), exercise room, tennis/pickleball courts, billiards room, and a large community center with an active social calendar before Covid. The community is conveniently located just a short drive to downtown Naples, beautiful beaches, great shopping, and many fine dining options. Riviera’s low HOA fee of $95/mo. (incl. basic cable) makes it one of the best values in the Naples area. Take a peek at her orchid tree out front!

26. 2021-03-29
    status Pending With Contingencies 1101-char remark

    Show marketing remark (1101 chars)

    This bright and spacious home, with an open floor plan and large screened-in lanai (198 additional S/F of living space), features NEW ENGINEERED VINYL PLANK FLOORS with new SUB-FLOORING throughout (2020), an AMS WEATHER-LOK ROOF (2018, lifetime warranty), and a NEWER AC (2018). The kitchen has also undergone renovations with NEWER STAINLESS STEEL APPLIANCES (fridge/oven/dishwasher), a new penny tile back-splash, and replaced cabinets. The home is being sold TURNKEY, with fashionable furniture (see attached inventory), and it also has a well for lawn irrigation. Riviera Golf Estates has great amenities including a new heated pool with lap lanes(soon to be installed), exercise room, tennis/pickleball courts, billiards room, and a large community center with an active social calendar before Covid. The community is conveniently located just a short drive to downtown Naples, beautiful beaches, great shopping, and many fine dining options. Riviera’s low HOA fee of $95/mo. (incl. basic cable) makes it one of the best values in the Naples area. Take a peek at her orchid tree out front!

27. 2021-03-24
    status Active 1101-char remark

    Show marketing remark (1101 chars)

    This bright and spacious home, with an open floor plan and large screened-in lanai (198 additional S/F of living space), features NEW ENGINEERED VINYL PLANK FLOORS with new SUB-FLOORING throughout (2020), an AMS WEATHER-LOK ROOF (2018, lifetime warranty), and a NEWER AC (2018). The kitchen has also undergone renovations with NEWER STAINLESS STEEL APPLIANCES (fridge/oven/dishwasher), a new penny tile back-splash, and replaced cabinets. The home is being sold TURNKEY, with fashionable furniture (see attached inventory), and it also has a well for lawn irrigation. Riviera Golf Estates has great amenities including a new heated pool with lap lanes(soon to be installed), exercise room, tennis/pickleball courts, billiards room, and a large community center with an active social calendar before Covid. The community is conveniently located just a short drive to downtown Naples, beautiful beaches, great shopping, and many fine dining options. Riviera’s low HOA fee of $95/mo. (incl. basic cable) makes it one of the best values in the Naples area. Take a peek at her orchid tree out front!

28. 2021-03-09
    status Pending With Contingencies 1101-char remark

    Show marketing remark (1101 chars)

    This bright and spacious home, with an open floor plan and large screened-in lanai (198 additional S/F of living space), features NEW ENGINEERED VINYL PLANK FLOORS with new SUB-FLOORING throughout (2020), an AMS WEATHER-LOK ROOF (2018, lifetime warranty), and a NEWER AC (2018). The kitchen has also undergone renovations with NEWER STAINLESS STEEL APPLIANCES (fridge/oven/dishwasher), a new penny tile back-splash, and replaced cabinets. The home is being sold TURNKEY, with fashionable furniture (see attached inventory), and it also has a well for lawn irrigation. Riviera Golf Estates has great amenities including a new heated pool with lap lanes(soon to be installed), exercise room, tennis/pickleball courts, billiards room, and a large community center with an active social calendar before Covid. The community is conveniently located just a short drive to downtown Naples, beautiful beaches, great shopping, and many fine dining options. Riviera’s low HOA fee of $95/mo. (incl. basic cable) makes it one of the best values in the Naples area. Take a peek at her orchid tree out front!

29. 2021-02-23
    listed $139,000 Active 1101-char remark

    Show marketing remark (1101 chars)

    This bright and spacious home, with an open floor plan and large screened-in lanai (198 additional S/F of living space), features NEW ENGINEERED VINYL PLANK FLOORS with new SUB-FLOORING throughout (2020), an AMS WEATHER-LOK ROOF (2018, lifetime warranty), and a NEWER AC (2018). The kitchen has also undergone renovations with NEWER STAINLESS STEEL APPLIANCES (fridge/oven/dishwasher), a new penny tile back-splash, and replaced cabinets. The home is being sold TURNKEY, with fashionable furniture (see attached inventory), and it also has a well for lawn irrigation. Riviera Golf Estates has great amenities including a new heated pool with lap lanes(soon to be installed), exercise room, tennis/pickleball courts, billiards room, and a large community center with an active social calendar before Covid. The community is conveniently located just a short drive to downtown Naples, beautiful beaches, great shopping, and many fine dining options. Riviera’s low HOA fee of $95/mo. (incl. basic cable) makes it one of the best values in the Naples area. Take a peek at her orchid tree out front!

30. 2015-06-22
    soldstatus $84,500
31. 2015-06-16
    price $84,500
32. 2015-06-16
    soldstatus $84,500 Sold
33. 2015-04-17
    historical
34. 2015-04-17
    price $93,000
35. 2015-04-02
    listed $93,000 Active
36. 1996-04-04
    soldstatus $46,000

ⓘ 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: $1,797 · $150/mo
• Projected year-2 tax: $1,797 · $150/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 8/10 Severe FEMA zone AE · 96% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 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: $27,318
• − Mortgage interest: −$9,551
• − Property taxes: −$1,797
• − Insurance: −$5,971
• − Repairs & maintenance: −$2,185
• − Management: −$2,185
• − HOA: −$1,728
• − Depreciation: −$4,960
• Taxable loss: −$1,060
• Est. tax savings @ 24.0%: +$254
• After-tax cash flow: $1,610/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 — Lely

• Score: 66/100
• State rank: #586
• US rank: #11224

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Collier County · 396,295 people
• Metro: Naples-Marco Island, FL
• Population (ZIP): 27,193
• Household income: $69,842
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 980.0

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 (74%)
• Race & ethnicity: White 74% Hispanic / Latino 18% Two or more races 9% Black 6% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 2% Cuban 4% Dominican 1%
• Common ancestry: Hispanic 4% Romanian 3% Portuguese 2%
• Foreign-born: 19% · Canada, Jamaica
• Languages at home: 75% English-only · Spanish 17% French/Haitian/Cajun 4% German/W. Germanic 1%

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: ▼ -235.10%
• Current HPI: 256.9182
• Rent YoY: ▼ -1.69%
• 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

-95.7% since first listed

24 events — show timeline

• 2026-03-16 Listed for Rent $2,000 NAPLESMLS
• 2025-11-07 Price Changed $170,500 NAPLESMLS
• 2025-10-06 Price Changed $175,500 NAPLESMLS
• 2025-06-19 Price Changed $179,500 NAPLESMLS
• 2025-06-11 Listed $184,000 NAPLESMLS
• 2024-04-09 Sold (MLS) $175,000 FORTMLS
• 2024-03-12 Pending — FORTMLS
• 2024-02-20 Price Changed $209,000 FORTMLS
• 2024-02-06 Price Changed $225,000 FORTMLS
• 2024-01-28 Price Changed $250,000 FORTMLS
• 2024-01-12 Listed $255,000 FORTMLS
• 2021-05-20 Sold (Public Records) $135,000 Public Records
• 2021-05-04 Sold (MLS) $135,000 NAPLESMLS
• 2021-03-29 Pending — NAPLESMLS
• 2021-03-24 Relisted — NAPLESMLS
• 2021-03-09 Pending — NAPLESMLS
• 2021-02-23 Listed $139,000 NAPLESMLS
• 2015-06-22 Sold (Public Records) $84,500 Public Records
• 2015-06-16 Price Changed $84,500 NAPLESMLS
• 2015-06-16 Sold (MLS) $84,500 NAPLESMLS
• 2015-04-17 Price Changed $93,000 NAPLESMLS
• 2015-04-17 Listing Removed — NAPLESMLS
• 2015-04-02 Listed $93,000 NAPLESMLS
• 1996-04-04 Sold (Public Records) $46,000 Public Records

Property tax history

+19.3%/yr

Latest (2025): $1,797 · +7.8% YoY. Source: county tax records.