23710 Walden Center Dr #110 · Estero, FL 34134

$368,000

3 bd · 2.0 ba · 1,289 sqft · Condo public records · 139 Days on market

Built 1999 $580/mo HOA · 17% of rent

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Why this score? — see what drove the D- 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 +8.9/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• 1% rule +4.0/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

Key facts

• Gated community
• One car garage
• Open floor plan

Tags

• ONE CAR GARAGE
• GATED COMMUNITY
• IMPACT WINDOWS AND DOORS
• FRESHLY PAINTED EXTERIOR
• NEW ROOF
• OPEN FLOOR PLAN

Property features AI

Finance

• Other: Development: The Tides at Pelican Landing; Deeded restrictions, no RV; Irrigation: central; Lot acreage approximately 0.29; Complex: 280 units; building has 28 units and 3 total floors; single unit per floor listed
• HOA & community: Mandatory HOA; Master HOA fee $580 per month; Annual recurring HOA fees $6,960; One-time fees $150; Condo management; HOA covers cable, insurance, internet/WiFi, lawn/land maintenance, legal/accounting, exterior pest control, recreation facilities, reserve, sewer, street lights, trash removal; Community amenities include clubhouse, community pool, community spa/hot tub, exercise room, tennis court, basketball, volleyball, internet access, community room

Exterior

• Parking: 1 assigned parking space; Detached 1-car garage; Driveway paved / paved parking
• Security: Gated community
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential property; Low-rise building (1-3 stories); End unit; Rear exposure facing south
• Construction: Concrete block construction; Stucco exterior finish; Tile roof; Impact resistant windows and doors; Built in 1999
• Exterior features: Sprinkler (automatic); Tennis court; Partial buildings and pool/club view

Interior

• Kitchen: Island; Dishwasher; Disposal; Microwave; Range; Refrigerator / Freezer; Self-cleaning oven; Refrigerator/ice maker
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms; Master bath with dual sinks
• Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans
• Interior features: Built-in cabinets; Cable prewire; Custom mirrors; Fire sprinkler; High-speed internet available; Volume ceiling; Walk-in closet; Window coverings; Screened lanai/porch; Breakfast bar / dining in living area; Island kitchen
• Laundry & utility: Washer; Dryer; Auto garage door; Smoke detector

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $368k.

Deal economics

• At list price, monthly cash flow is $-296 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $316k (14.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $332k (9.7% below list).
• Recommended offer: $316k (14.2% below list) — sets the bar for cash-flow.
• Cap rate 5.3% 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.
• Zoned schools: Pinewoods Elementary School (math 81% / reading 74%, grade A, #163 of 2,144 statewide, top 8%, 1,089 students, 25% FRL); Lexington Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 1,138 students, 44% FRL); South Fort Myers High School (math 23% / reading 30%, grade F, #489 of 667 statewide, top 74%, 1,917 students, 50% FRL) — zoned schools average 39% FRL vs 57% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+2.9%/yr); 699 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 31% of the median local income ($131k/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 $3k of loan paydown is wiped out by about $11k 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 139 days — a 12% lower offer ($324k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $315,799 (14.2% 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 139 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
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 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.90% ✗
• Cap rate: 5.33%
• Cash-on-cash: -3.44%
• DSCR: 0.85
• GRM: 9.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.85% rent growth · sell at horizon

5-year hold

• IRR: -22.2%
• Equity multiple: 0.24×
• Total profit: $-78,671
• Equity at exit: $54,870

10-year hold

• IRR: -16.4%
• Equity multiple: 0.09×
• Total profit: $-93,643
• Equity at exit: $31,818

Cash invested: $103,040 (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 34134

• Rents YoY: 2.9%
• Active inventory: 699
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $3,323 high
• Mortgage (P&I): −$1,930
• Tax from tax record: −$257 /mo · $3,087/yr
• Insurance: −$153
• HOA: −$580
• Vacancy / Maint / Mgmt: −$698
• Net cashflow: $-296

Break-even live

Break-even rent $3,697

Max offer price $315,799

Occupancy floor —

Sensitivity live

Price	-10% $-87	-5% $-191	+0% $-296	+5% $-400	+10% $-504
Rent	-10% $-558	-5% $-427	+0% $-296	+5% $-164	+10% $-33
Rate	-1.0pp $-110	-0.5pp $-202	base $-296	+0.5pp $-391	+1.0pp $-488

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: $92,000
• Closing costs: $11,040
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23710 Walden Center Dr #308 Estero, FL	3.0	2.0	1355	$3,000	$2.21	25d	1	0.02mi
23680 Walden Center Dr #107 Estero, FL	2.0	2.0	1052	$1,900	$1.81	5d	1	0.03mi
23500 Walden Center Dr Estero, FL	1.0–2.0	1.0–2.0	803	$2,800	$3.48	18d	3	0.08mi
23640 Walden Center Dr #106 Estero, FL	2.0	2.0	1052	$1,850	$1.76	4d	1	0.08mi
23520 Walden Center Dr #308 Estero, FL	2.0	2.0	1239	$2,000	$1.61	5d	1	0.12mi
23520 Walden Center Dr #308 Estero, FL	2.0	2.0	1239	$2,000	$1.61	25d	1	0.12mi
8540 Violeta St #202 Estero, FL	3.0	2.0	1440	$2,495	$1.73	25d	1	0.41mi
8510 Violeta St #201 Estero, FL	2.0	2.0	1152	$2,400	$2.08	25d	1	0.43mi
8560 Violeta St #101 Estero, FL	2.0	3.0	1261	$2,200	$1.74	25d	1	0.44mi
8561 Violeta St #202 Bonita Springs, FL	3.0	2.0	1440	$2,950	$2.05	25d	1	0.44mi
8561 Evernia Ct #101 Estero, FL	2.0	2.0	1068	$2,000	$1.87	25d	1	0.45mi
8560 Evernia Ct #204 Estero, FL	3.0	2.0	1440	$2,100	$1.46	23d	1	0.45mi
8500 Violeta St #102 Estero, FL	2.0	2.0	1468	$5,200	$3.54	4d	1	0.46mi
23550 Alamanda Dr #203 Estero, FL	2.0	2.0	1152	$5,000	$4.34	25d	1	0.46mi
23550 Alamanda Dr #102 Estero, FL	3.0	2.5	1616	$5,200	$3.22	25d	1	0.46mi
23520 Alamanda Dr #202 Estero, FL	3.0	2.0	1452	$5,500	$3.79	25d	1	0.47mi
23520 Alamanda Dr #203 Estero, FL	2.0	2.0	1244	$2,200	$1.77	5d	1	0.47mi
23611 Alamanda Dr #202 Estero, FL	3.0	2.0	1440	$2,900	$2.01	25d	1	0.49mi
8010 Via Sardinia St #202 Estero, FL	2.0	2.0	1480	$2,200	$1.49	18d	1	0.53mi
8010 Via Sardinia Way Estero, FL	1.0–2.0	1.5–2.0	1202	$2,300	$1.91	25d	2	0.53mi
8010 Via Sardinia Way #4208 Estero, FL	3.0	2.0	1351	$3,800	$2.81	25d	1	0.53mi
8000 Via Sardinia Way #5301 Estero, FL	3.0	2.0	1351	$2,500	$1.85	5d	1	0.55mi
8000 Via Sardinia Way #5207 Estero, FL	2.0	2.0	1380	$5,500	$3.99	25d	1	0.55mi
23161 Fashion Dr #7109 Estero, FL	2.0	2.0	1444	$4,000	$2.77	25d	1	0.62mi
23159 Amgci Way #3314 Estero, FL	2.0	2.0	1226	$2,400	$1.96	25d	1	0.62mi
23159 Amgci Way Estero, FL	1.0–2.0	1.5–2.0	1164	$4,500	$3.87	23d	2	0.62mi
8011 Via Monte Carlo Way #2213 Estero, FL	2.0	2.0	1226	$2,450	$2.00	13d	1	0.66mi
8011 Via Monte Carlo Way #2209 Estero, FL	2.0	2.5	1857	$2,800	$1.51	21d	1	0.66mi
24360 Sandpiper Isle Way #101 Bonita Springs, FL	2.0	2.0	1666	$6,500	$3.90	25d	1	0.67mi
24361 Sandpiper Isle Way #401 Bonita Springs, FL	2.0	2.0	1807	$8,000	$4.43	25d	1	0.67mi
8001 Via Monte Carlo Way Unit 103 Estero, FL	3.0	2.0	1351	$2,800	$2.07	21d	1	0.70mi
23036 Lone Oak Dr Estero, FL	3.0	2.0	1524	$4,500	$2.95	25d	1	0.70mi
23007 Lone Oak Dr Estero, FL	2.0	2.0	1524	$3,950	$2.59	25d	1	0.75mi
23601 Sandycreek Ter #903 Estero, FL	2.0	2.0	1246	$6,000	$4.82	25d	1	0.79mi
23591 Sandycreek Ter #1006 Estero, FL	2.0	2.0	1209	$6,000	$4.96	25d	1	0.80mi
23541 Sandycreek Ter #806 Estero, FL	2.0	2.0	1700	$6,000	$3.53	25d	1	0.83mi
23526 Sandycreek Ter #304 Estero, FL	2.0	2.0	1368	$6,500	$4.75	25d	1	0.83mi
24827 Lakemont Cove Ln #101 Bonita Springs, FL	2.0	2.0	1552	$6,750	$4.35	25d	1	0.92mi
24821 Lakemont Cove Ln #201 Bonita Springs, FL	3.0	2.0	1633	$7,000	$4.29	25d	1	0.94mi
24821 Lakemont Cove Ln #202 Bonita Springs, FL	3.0	2.0	1658	$5,000	$3.02	23d	1	0.94mi

HOA detail condo

• Monthly dues: $580 · $6,960/yr
• Likely covers: waterpoolsecurityparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-22
   days on market $368,000 Active 139 DOM
2. 2026-06-17
   days on market $368,000 Active 135 DOM
3. 2026-06-16
   days on market $368,000 Active 134 DOM
4. 2026-06-15
   days on market $368,000 Active 133 DOM
5. 2026-06-13
   days on market $368,000 Active 131 DOM
6. 2026-06-10
   days on market $368,000 Active 128 DOM
7. 2026-06-09
   days on market $368,000 Active 127 DOM
8. 2026-06-07
   days on market $368,000 Active 125 DOM
9. 2026-06-02
   days on market $368,000 Active 120 DOM
10. 2026-06-01
    days on market $368,000 Active 119 DOM
11. 2026-06-01
    days on market $368,000 Active 118 DOM
12. 2026-04-19
    price $368,000
13. 2026-02-02
    listed $369,000 Active
14. 2024-04-23
    listed $433,500 Active
15. 2023-09-05
    soldstatus $417,000 Sold 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

16. 2023-09-05
    soldstatus $417,000

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

17. 2023-08-14
    status Pending 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

18. 2023-07-19
    price $420,000 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

19. 2023-06-21
    price $425,000 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

20. 2023-06-10
    price $429,000 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

21. 2023-05-20
    price $434,000 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

22. 2023-04-06
    price $435,000 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

23. 2023-03-18
    listed $448,000 Active 1178-char remark

    Show marketing remark (1178 chars)

    AMAZING CONDO IN A GREAT LOCATION!!! PRICE IMPROVEMENT. Don't miss this opportunity to look at this Fully renovated move in ready property at the Tides of Pelican Landing, a gated community. LOCATED ON THE GROUND FLOOR. NO Hurricane Damage and in Flood zone X. The kitchen has an open floor plan, new appliances, light fixtures, cabinets, quartz countertops with waterfall edge. The bathrooms have new plumbing fixtures, tile, cabinets & countertops. The AC, Washer and dryer has been recently replaced. This property has it all. There are lots of amenities. Just steps away are the Pool, hot tub, club house and mail box. Also it has a Tennis court, basketball and volley ball court. This property comes with 3 Bedrooms, 2 Bathrooms and a 1 car oversized Garage for extra storage. Comes with 1 assigned parking that is close to the front and back door. There is plenty of guest parking as well. The building just recently replaced the tile roof, exterior paint, impact windows, impact patio door and resurfaced the parking lot. This is a great location in Estero that is close to FGCU, RSW Airport, shopping, dining by both Coconut Mall, Gulf Coast Mall and so much more.

24. 2022-08-31
    soldstatus $300,000 Sold
25. 2022-08-31
    soldstatus $300,000
26. 2022-07-24
    status Pending With Contingencies
27. 2022-07-19
    listed $319,000 Active
28. 2020-07-29
    soldstatus $155,000
29. 2020-07-24
    soldstatus $155,000 Sold
30. 2020-07-03
    status Pending With Contingencies
31. 2020-06-03
    price $159,000
32. 2020-05-08
    listed $167,000 Active
33. 2006-12-29
    soldstatus $200,000
34. 2004-09-30
    soldstatus $27,500,000

ⓘ 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: $3,087 · $257/mo
• Projected year-2 tax: $3,087 · $257/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 31 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: $39,872
• − Mortgage interest: −$20,614
• − Property taxes: −$3,087
• − Insurance: −$1,840
• − Repairs & maintenance: −$3,190
• − Management: −$3,190
• − HOA: −$6,960
• − Depreciation: −$10,705
• Taxable loss: −$9,714
• Est. tax savings @ 24.0%: +$2,331
• After-tax cash flow: $-1,215/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): 16,475
• Household income: $130,719
• Rent vs Own: 17.8% rent · 82.2% own
• Severe rent burden: 554.0

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 (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 3% Asian 1%
• Common ancestry: Slovak 5% Romanian 4% Serbian 2%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 4% German/W. Germanic 1% 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: ▼ -236.48%
• Current HPI: 237.4416
• Rent YoY: ▲ 2.85%
• 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

-98.7% since first listed

23 events — show timeline

• 2026-04-19 Price Changed $368,000 NAPLESMLS
• 2026-02-02 Listed $369,000 NAPLESMLS
• 2024-04-23 Listed $433,500 BEARMLS
• 2023-09-05 Sold (Public Records) $417,000 Public Records
• 2023-09-05 Sold (MLS) $417,000 NAPLESMLS
• 2023-08-14 Pending — NAPLESMLS
• 2023-07-19 Price Changed $420,000 NAPLESMLS
• 2023-06-21 Price Changed $425,000 NAPLESMLS
• 2023-06-10 Price Changed $429,000 NAPLESMLS
• 2023-05-20 Price Changed $434,000 NAPLESMLS
• 2023-04-06 Price Changed $435,000 NAPLESMLS
• 2023-03-18 Listed $448,000 NAPLESMLS
• 2022-08-31 Sold (Public Records) $300,000 Public Records
• 2022-08-31 Sold (MLS) $300,000 NAPLESMLS
• 2022-07-24 Pending — NAPLESMLS
• 2022-07-19 Listed $319,000 NAPLESMLS
• 2020-07-29 Sold (Public Records) $155,000 Public Records
• 2020-07-24 Sold (MLS) $155,000 NAPLESMLS
• 2020-07-03 Pending — NAPLESMLS
• 2020-06-03 Price Changed $159,000 NAPLESMLS
• 2020-05-08 Listed $167,000 NAPLESMLS
• 2006-12-29 Sold (Public Records) $200,000 Public Records
• 2004-09-30 Sold (Public Records) $27,500,000 Public Records

Property tax history

+4.5%/yr

Latest (2025): $3,087 · -6.1% YoY. Source: county tax records.