55 Emerald Woods Dr Unit C3 · Pine Ridge, FL 34108

$295,000

1 bd · 1.0 ba · 809 sqft · Condo public records · 56 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 +26.7/30.0
• 1% rule +9.4/10.0
• DSCR +9.2/10.0
• 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

Emerald Woods is an ideal location for convenient shopping and dining at Mercato, or a quick bike ride to Naples' white, sandy beaches. This courtyard entry, Garden Apt, offers a spacious master suite with separate lanai. Freshly painted and tiled throughout, with covered parking makes this unit a great investment property, or the perfect getaway, beach condo. Enjoy the community pool, spa, and club house a few steps from the unit. Attractive rental policy and is pet friendly, allowing up to to two pets. Don't miss this great opportunity to own.

Key facts

• Private retreat
• Remodeled bathrooms
• $717 HOA

Tags

• FULLY UPDATED KITCHEN
• SOLID-SURFACE COUNTERTOPS
• CONTEMPORARY CABINETRY
• REMODELED BATHROOMS
• GLASS-ENCLOSED SHOWERS
• PRIVATE RETREAT

Property features AI

Finance

• Other: Part of a complex with 150 units and 10 units in the building; Single-floor unit in building; Lot unit 3; Deeded restrictions: no commercial, no RV; Landscaped area and parking lot views; Central irrigation
• HOA & community: Mandatory HOA; Quarterly condo fee; Common area maintenance includes cable, insurance, irrigation water, lawn/land maintenance, pest control (exterior), sewer, street maintenance, street lights, trash removal, water; Professional management; Community amenities include pool, community room, spa/hot tub, extra storage, streetlight, underground utilities; Non-gated community; Total annual recurring fees listed

Exterior

• Parking: 1 assigned covered parking; Detached 1-car carport
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential property; Traditional style; Low-rise building (1–3 stories); Rear exposure faces north; Zero lot line
• Construction: Concrete block construction; Shingle roof; Built in 1987
• Exterior features: Automatic sprinkler system; Stone exterior finish; Single-hung windows

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator/Freezer; Breakfast bar; Dining in living area
• Bedrooms: 1 bedroom
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom with dual sinks and shower
• Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans; Humidistat; Whole house fan
• Interior features: Cable prewire; Foyer; High-speed internet available; Walk-in closet; Window coverings; Great room floor plan; Screened lanai/porch; Furnished
• Laundry & utility: Washer and dryer in residence; Smoke detector

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $295k.

Deal economics

• At list price, monthly cash flow is $800 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $295k).
• Recommended offer: $286k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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-, schools F, 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 rising fast (+8.7%/yr); 679 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
• This rent runs 43% of the median local income ($119k/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 $2k of loan paydown is wiped out by about $9k 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 $83k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($286k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y 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 $230k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $286,150 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.44% ✓
• Cap rate: 9.55%
• Cash-on-cash: 11.62%
• DSCR: 1.52
• GRM: 5.8

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: 7.5%
• Equity multiple: 1.31×
• Total profit: $25,925
• Equity at exit: $43,985

10-year hold

• IRR: 21.3%
• Equity multiple: 3.32×
• Total profit: $191,637
• Equity at exit: $25,506

Cash invested: $82,600 (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: 679
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $4,237 high
• Mortgage (P&I): −$1,547
• Tax from tax record: −$160 /mo · $1,923/yr
• Insurance: −$123
• HOA: −$717
• Vacancy / Maint / Mgmt: −$890
• Net cashflow: $800

Break-even live

Break-even rent $3,224

Max offer price $295,000

Occupancy floor 76%

Sensitivity live

Price	-10% $967	-5% $884	+0% $800	+5% $717	+10% $633
Rent	-10% $465	-5% $633	+0% $800	+5% $967	+10% $1,135
Rate	-1.0pp $949	-0.5pp $875	base $800	+0.5pp $724	+1.0pp $646

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: $73,750
• Closing costs: $8,850
• 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	24d	1	0.61mi
9123 Strada Pl Naples, FL	1.0–2.0	1.0–2.0	1267	$5,000	$3.94	14d	6	0.67mi
200 Cajeput Dr Naples, FL	1.0	1.0	750	$2,500	$3.33	24d	1	0.70mi
757 95th Ave N Naples, FL	2.0	2.0	1100	$2,150	$1.95	24d	1	1.12mi
301 Ridge Dr Naples, FL	2.0	2.0	900	$6,000	$6.67	24d	1	1.23mi
668 97th Ave N Unit A Naples, FL	2.0	1.0	775	$4,500	$5.81	24d	1	1.32mi
7719 Jewel Ln #103 Naples, FL	2.0	2.0	1022	$3,800	$3.72	24d	1	1.35mi
7756 Jewel Ln #102 Naples, FL	2.0	2.0	1022	$3,700	$3.62	24d	1	1.36mi
7750 Jewel Ln #103 Naples, FL	2.0	2.0	1102	$2,100	$1.91	14d	1	1.36mi
7712 Jewel Ln Naples, FL	2.0	2.0	1022	$1,850	$1.81	24d	1	1.39mi
751 100th Ave N Naples, FL	2.0	1.0	912	$4,000	$4.39	24d	1	1.41mi
7754 Emerald Cir Unit T202 Naples, FL	2.0	2.0	1022	$3,850	$3.77	14d	1	1.44mi

HOA detail condo

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

Listing history 28 events

1. 2026-06-18
   days on market $295,000 Active 56 DOM
2. 2026-06-17
   days on market $295,000 Active 55 DOM
3. 2026-06-16
   days on market $295,000 Active 54 DOM
4. 2026-06-15
   days on market $295,000 Active 53 DOM
5. 2026-06-14
   days on market $295,000 Active 51 DOM
6. 2026-06-10
   days on market $295,000 Active 48 DOM
7. 2026-06-09
   days on market $295,000 Active 47 DOM
8. 2026-06-08
   days on market $295,000 Active 46 DOM
9. 2026-06-07
   days on market $295,000 Active 45 DOM
10. 2026-06-03
    days on market $295,000 Active 41 DOM
11. 2026-06-02
    days on market $295,000 Active 40 DOM
12. 2026-06-01
    days on market $295,000 Active 39 DOM
13. 2026-05-31
    days on market $295,000 Active 38 DOM
14. 2026-05-30
    days on market $295,000 Active 37 DOM
15. 2026-04-23
    listed $295,000 Active
16. 2022-03-28
    soldstatus $230,000
17. 2017-09-20
    soldstatus $130,000
18. 2017-09-18
    soldstatus $130,000 Sold 551-char remark

    Show marketing remark (551 chars)

    Emerald Woods is an ideal location for convenient shopping and dining at Mercato, or a quick bike ride to Naples' white, sandy beaches. This courtyard entry, Garden Apt, offers a spacious master suite with separate lanai. Freshly painted and tiled throughout, with covered parking makes this unit a great investment property, or the perfect getaway, beach condo. Enjoy the community pool, spa, and club house a few steps from the unit. Attractive rental policy and is pet friendly, allowing up to to two pets. Don't miss this great opportunity to own.

19. 2017-08-21
    status Pending 551-char remark

    Show marketing remark (551 chars)

    Emerald Woods is an ideal location for convenient shopping and dining at Mercato, or a quick bike ride to Naples' white, sandy beaches. This courtyard entry, Garden Apt, offers a spacious master suite with separate lanai. Freshly painted and tiled throughout, with covered parking makes this unit a great investment property, or the perfect getaway, beach condo. Enjoy the community pool, spa, and club house a few steps from the unit. Attractive rental policy and is pet friendly, allowing up to to two pets. Don't miss this great opportunity to own.

20. 2017-08-18
    price $149,000 551-char remark

    Show marketing remark (551 chars)

    Emerald Woods is an ideal location for convenient shopping and dining at Mercato, or a quick bike ride to Naples' white, sandy beaches. This courtyard entry, Garden Apt, offers a spacious master suite with separate lanai. Freshly painted and tiled throughout, with covered parking makes this unit a great investment property, or the perfect getaway, beach condo. Enjoy the community pool, spa, and club house a few steps from the unit. Attractive rental policy and is pet friendly, allowing up to to two pets. Don't miss this great opportunity to own.

21. 2017-08-18
    listed $1,499 Active 551-char remark

    Show marketing remark (551 chars)

    Emerald Woods is an ideal location for convenient shopping and dining at Mercato, or a quick bike ride to Naples' white, sandy beaches. This courtyard entry, Garden Apt, offers a spacious master suite with separate lanai. Freshly painted and tiled throughout, with covered parking makes this unit a great investment property, or the perfect getaway, beach condo. Enjoy the community pool, spa, and club house a few steps from the unit. Attractive rental policy and is pet friendly, allowing up to to two pets. Don't miss this great opportunity to own.

22. 2010-04-07
    soldstatus $88,000
23. 2010-04-05
    soldstatus $88,000 526-char remark

    Show marketing remark (526 chars)

    OWNER WANTS IT SOLD NOW. .. WALKING DISTANCE TO THE BEACH! Right across the street from Pelican Bay, this unit is "virtually" new. Updated appliances, A/C, water heater, granite counters, tile throughout, new paint, crown moulding, etc. Two private lanais, directly across from the club house and pool, and a carport is included. Walk or bike to the beach, shopping, restaurants, a county park, library, new movie theaters and more dining at the Mercato. .. just up the street. INCREDIBLE LOCATION, INCREDIBLE VALUE!

24. 2009-11-24
    listed $94,000 526-char remark

    Show marketing remark (526 chars)

    OWNER WANTS IT SOLD NOW. .. WALKING DISTANCE TO THE BEACH! Right across the street from Pelican Bay, this unit is "virtually" new. Updated appliances, A/C, water heater, granite counters, tile throughout, new paint, crown moulding, etc. Two private lanais, directly across from the club house and pool, and a carport is included. Walk or bike to the beach, shopping, restaurants, a county park, library, new movie theaters and more dining at the Mercato. .. just up the street. INCREDIBLE LOCATION, INCREDIBLE VALUE!

25. 2003-08-21
    soldstatus $108,500
26. 2002-07-29
    soldstatus $93,500
27. 1999-10-05
    soldstatus $68,000
28. 1994-01-21
    soldstatus $50,000

ⓘ 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: $1,923 · $160/mo
• Projected year-2 tax: $2,448 · $204/mo
• Expected delta: +$526/yr (+$44/mo · 27.4%)

ⓘ 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: −$16,525
• − Property taxes: −$1,923
• − Insurance: −$1,475
• − Repairs & maintenance: −$4,068
• − Management: −$4,068
• − HOA: −$8,604
• − Depreciation: −$8,582
• Taxable income: $5,601
• Est. tax owed @ 24.0%: −$1,344
• After-tax cash flow: $8,257/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

+490.0% since first listed

14 events — show timeline

• 2026-04-23 Listed $295,000 NAPLESMLS
• 2022-03-28 Sold (Public Records) $230,000 Public Records
• 2017-09-20 Sold (Public Records) $130,000 Public Records
• 2017-09-18 Sold (MLS) $130,000 NAPLESMLS
• 2017-08-21 Pending — NAPLESMLS
• 2017-08-18 Price Changed $149,000 NAPLESMLS
• 2017-08-18 Listed $1,499 NAPLESMLS
• 2010-04-07 Sold (Public Records) $88,000 Public Records
• 2010-04-05 Sold (MLS) $88,000 NAPLESMLS
• 2009-11-24 Listed $94,000 NAPLESMLS
• 2003-08-21 Sold (Public Records) $108,500 Public Records
• 2002-07-29 Sold (Public Records) $93,500 Public Records
• 1999-10-05 Sold (Public Records) $68,000 Public Records
• 1994-01-21 Sold (Public Records) $50,000 Public Records

Property tax history

+19.6%/yr

Latest (2025): $1,923 · -0.7% YoY. Source: county tax records.