4008 7th St SW · Lehigh Acres, FL 33976

$368,900

3 bd · 2.0 ba · 2,044 sqft · Land · 185 Days on market

Built 2026 10,018 sqft lot

---

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 +4.9/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

Key facts

• Outdoor patio
• 0.23 acre lot
• 2 garage spots

Tags

• OUTDOOR PATIO
• ENERGY SMART FEATURES
• TRANSFERABLE WARRANTY COVERAGE
• LIMITED STRUCTURAL WARRANTY

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: Non-gated community; No association fee listed

Exterior

• Parking: Attached garage; 2 covered garage spaces
• Security: Smoke detectors
• Utilities: Well water; Septic tank; Cable available
• Home design: Single-story home; Entry on level 1; Faces south; North exposure noted
• Construction: New construction; Block, concrete and stucco construction; Shingle roof; Built on foundation appropriate for new construction
• Exterior features: Corner lot; Rectangular lot; Paved road; Shutters (manual)

Interior

• Kitchen: Dishwasher; Disposal; Icemaker; Microwave; Range; Refrigerator (with ice maker); Pantry
• Bedrooms: Master bedroom; Two additional bedrooms; Bedrooms located on entry level
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; Separate shower
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Double-hung windows; Separate/formal dining room; Pantry; Vaulted ceilings; Split bedrooms; Cable TV access; Shower only (separate shower); Unfurnished
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $369k.

Deal economics

• At list price, monthly cash flow is $-891 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (34.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (43.1% below list).
• Recommended offer: $210k (43.1% below list) — sets the bar for 1% rule.
• Cap rate 3.4% 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+, schools 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.
• Market conditions: Rents soft (-1.5%/yr); 786 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 35% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $39k of equity ($3k loan paydown + $37k 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 ~$63k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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 $275k; 34% 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→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,929 (43.1% 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 185 days. Have you received any prior offers? Is the seller open to a 43% 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: 0.57% ✗
• Cap rate: 3.39%
• Cash-on-cash: -10.35%
• DSCR: 0.54
• GRM: 14.6

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: 16.4%
• Equity multiple: 2.34×
• Total profit: $138,047
• Equity at exit: $332,334

10-year hold

• IRR: 15.2%
• Equity multiple: 5.26×
• Total profit: $440,198
• Equity at exit: $716,692

Cash invested: $103,292 (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 33976

• Home prices YoY: 6.8%
• Rents YoY: -1.5%
• Active inventory: 786
• Price-to-rent: 14.6×

Monthly cashflow live

• Estimated rent: $2,099 high
• Mortgage (P&I): −$1,935
• Tax est. 1.5%: −$461 /mo · $5,534/yr
• Insurance: −$154
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $-891

Break-even live

Break-even rent $3,227

Max offer price $239,979

Occupancy floor —

Sensitivity live

Price	-10% $-636	-5% $-763	+0% $-891	+5% $-1,018	+10% $-1,146
Rent	-10% $-1,057	-5% $-974	+0% $-891	+5% $-808	+10% $-725
Rate	-1.0pp $-705	-0.5pp $-797	base $-891	+0.5pp $-987	+1.0pp $-1,084

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: $92,225
• Closing costs: $11,067
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3820 7th St SW Lehigh Acres, FL	4.0	2.0	1841	$2,500	$1.36	13d	1	0.24mi
3818 7th St SW Lehigh Acres, FL	3.0	2.0	1422	$1,695	$1.19	25d	1	0.25mi
3820 3rd St SW Lehigh Acres, FL	4.0	2.0	2133	$1,745	$0.82	25d	1	0.32mi
4218 8th St SW Lehigh Acres, FL	3.0	2.0	1408	$1,800	$1.28	25d	1	0.34mi
4307 2nd St SW Lehigh Acres, FL	4.0	2.0	1843	$2,191	$1.19	4d	1	0.47mi
610 Floyd Ave S Lehigh Acres, FL	3.0	2.0	1400	$2,100	$1.50	25d	1	0.51mi
3919 3rd St W Lehigh Acres, FL	4.0	2.0	1728	$2,131	$1.23	4d	1	0.57mi
3702 14th St SW Lehigh Acres, FL	4.0	2.0	1472	$1,995	$1.36	25d	1	0.74mi
124 Gilbert Ave S Lehigh Acres, FL	3.0	2.0	1532	$1,810	$1.18	25d	1	0.75mi
119 Gordon Ave S Lehigh Acres, FL	2.0	1.0	1560	$1,395	$0.89	25d	1	0.79mi
4221 18th St SW Lehigh Acres, FL	3.0	2.5	1600	$2,600	$1.62	15d	1	0.84mi
3906 6th St W Lehigh Acres, FL	3.0	2.0	1457	$2,000	$1.37	25d	1	0.85mi
3303 8th St SW Lehigh Acres, FL	3.0	2.0	1400	$2,250	$1.61	4d	1	0.87mi
3714 17th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,890	$1.03	25d	1	0.87mi
4518 14th St SW Lehigh Acres, FL	3.0	2.0	2376	$2,000	$0.84	25d	1	0.90mi
4501 15th St SW Unit 4501 Lehigh Acres, FL	3.0	2.0	2383	$1,800	$0.76	25d	1	0.92mi
202 Hightower Ave S Lehigh Acres, FL	2.0	2.0	2158	$1,550	$0.72	25d	1	0.96mi
115 Hightower Ave S Lehigh Acres, FL	3.0	2.0	2376	$1,800	$0.76	22d	1	0.97mi
3408 10th St SW Lehigh Acres, FL	4.0	2.0	1920	$1,750	$0.91	15d	1	1.00mi
3417 7th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,850	$1.01	11d	1	1.00mi
121 Homer Ave S Lehigh Acres, FL	3.0	2.0	2438	$1,800	$0.74	25d	1	1.01mi
802 Zona Ave N Lehigh Acres, FL	4.0	2.0	1900	$2,295	$1.21	11d	1	1.04mi
721 Ivan Ave S Lehigh Acres, FL	3.0	2.0	2000	$1,850	$0.93	25d	1	1.06mi
721 Ivan Ave S Lehigh Acres, FL	3.0	2.0	2000	$1,800	$0.90	22d	1	1.06mi
723 Ivan Ave S Lehigh Acres, FL	3.0	2.0	2000	$1,850	$0.93	25d	1	1.06mi
723 Ivan Ave S Lehigh Acres, FL	3.0	2.0	2000	$1,800	$0.90	22d	1	1.06mi
1511 Terry Ave S Lehigh Acres, FL	3.0	2.0	1579	$1,996	$1.26	25d	1	1.07mi
4203 23rd St SW Lehigh Acres, FL	4.0	2.0	1833	$1,850	$1.01	21d	1	1.11mi
1578 Gretchen Ave S Lehigh Acres, FL	3.0	2.0	1728	$2,000	$1.16	25d	1	1.12mi
3906 11th St W Lehigh Acres, FL	3.0	2.0	1422	$1,835	$1.29	15d	1	1.15mi
3700 9th St W Lehigh Acres, FL	3.0	2.0	1600	$1,875	$1.17	4d	1	1.20mi
4713 13th St SW Lehigh Acres, FL	3.0	2.0	2320	$1,600	$0.69	4d	1	1.20mi
4541 21st St SW Lehigh Acres, FL	3.0	2.0	2228	$1,695	$0.76	25d	1	1.22mi
4716 1st St SW Lehigh Acres, FL	2.0	2.0	2560	$1,850	$0.72	25d	1	1.24mi
903 Unice Ave N Lehigh Acres, FL	3.0	2.5	2380	$3,000	$1.26	25d	1	1.24mi
3506 9th St W Lehigh Acres, FL	4.0	2.0	1820	$2,800	$1.54	25d	1	1.31mi
4715 4th St W Lehigh Acres, FL	3.0	2.0	1445	$1,695	$1.17	25d	1	1.32mi
4320 12th St W Lehigh Acres, FL	3.0	2.0	1598	$1,650	$1.03	15d	1	1.33mi
4320 12th St W Lehigh Acres, FL	3.0	2.0	1598	$1,650	$1.03	15d	1	1.33mi
4743 14th St SW Lehigh Acres, FL	3.0	2.0	2340	$1,700	$0.73	25d	1	1.34mi

Listing history 23 events

1. 2026-06-17
   days on market $368,900 Active 185 DOM
2. 2026-06-16
   days on market $368,900 Active 184 DOM
3. 2026-06-15
   days on market $368,900 Active 183 DOM
4. 2026-06-13
   days on market $368,900 Active 181 DOM
5. 2026-06-10
   days on market $368,900 Active 178 DOM
6. 2026-06-09
   days on market $368,900 Active 177 DOM
7. 2026-06-07
   days on market $368,900 Active 175 DOM
8. 2026-06-02
   days on market $368,900 Active 170 DOM
9. 2026-06-01
   days on market $368,900 Active 169 DOM
10. 2026-06-01
    days on market $368,900 Active 168 DOM
11. 2026-04-14
    price $368,900

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

12. 2026-04-14
    price $368,900 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

13. 2026-02-08
    price $369,900 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

14. 2026-02-03
    price $403,710 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

15. 2025-12-14
    listed $369,900 Active
16. 2025-10-02
    price $369,900 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

17. 2025-09-03
    price $384,883 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

18. 2025-07-29
    price $388,709 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

19. 2025-05-16
    price $389,000 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

20. 2025-01-16
    price $396,280 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

21. 2024-10-26
    listed $411,280 Active 1326-char remark

    Show marketing remark (1326 chars)

    Welcome to the Delray, where thoughtful design and modern living come together to create the perfect home for you and your family. This 3-bedroom, 2-bathroom haven boasts a spacious 2,044 square feet of luxurious living space, ensuring that every square inch is designed with your comfort in mind. As you step through the front door, the foyer invites you into your new home. To your left, a versatile den awaits - perfect for a home office or library. To your right, a private dining room sets the stage for intimate gatherings and memorable meals. Continue your journey into the heart of the home, where the open kitchen seamlessly blends with the expansive 22×16 great room. The kitchen, a culinary enthusiast's dream, features a central island with a convenient dishwasher and sink. A generously sized pantry ensures you have ample storage space, making it easy to keep your kitchen organized and clutter-free. The Delray's split-bedroom plan ensures privacy and tranquility. On the right side of the home, discover the owner's suite - a sanctuary of comfort and style. Revel in the spaciousness of the large walk-in closet, providing a home for your wardrobe and accessories. The owner's bathroom is a retreat in itself, complete with a linen closet, a private water closet, and all the modern amenities you desire.

22. 2024-03-26
    soldstatus $275,000
23. 2004-04-23
    soldstatus $6,500

ⓘ 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 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,191
• − Mortgage interest: −$20,664
• − Property taxes: −$5,534
• − Insurance: −$1,844
• − Repairs & maintenance: −$2,015
• − Management: −$2,015
• − Depreciation: −$10,732
• Taxable loss: −$17,613
• Est. tax savings @ 24.0%: +$4,227
• After-tax cash flow: $-6,464/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): 20,277
• Household income: $72,679
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 574.0

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 0.65)
• Race & ethnicity: Hispanic / Latino 50% Two or more races 30% White 24% Black 20% Asian 3%
• Hispanic origin (detail): Mexican 8% Puerto Rican 8% Cuban 18% Dominican 4%
• Common ancestry: Hispanic 8% Slovak 1% Lithuanian 1%
• Foreign-born: 35% · Canada, Jamaica, Vietnam
• Languages at home: 46% English-only · Spanish 43% French/Haitian/Cajun 8% Vietnamese 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: ▲ 21.77%
• Current HPI: 340.4255
• Rent YoY: ▼ -1.54%
• 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

+5575.4% since first listed

13 events — show timeline

• 2026-04-14 Price Changed $368,900 FORTMLS
• 2026-04-14 Price Changed $368,900 Zillow
• 2026-02-08 Price Changed $369,900 Zillow
• 2026-02-03 Price Changed $403,710 Zillow
• 2025-12-14 Listed $369,900 FORTMLS
• 2025-10-02 Price Changed $369,900 Zillow
• 2025-09-03 Price Changed $384,883 Zillow
• 2025-07-29 Price Changed $388,709 Zillow
• 2025-05-16 Price Changed $389,000 Zillow
• 2025-01-16 Price Changed $396,280 Zillow
• 2024-10-26 Listed $411,280 Zillow
• 2024-03-26 Sold (Public Records) $275,000 Public Records
• 2004-04-23 Sold (Public Records) $6,500 Public Records

Property tax history

+19.7%/yr

Latest (2025): $520 · +33.8% YoY. Source: county tax records.