18307 Parksville Dr · Estero, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.68%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +9.7/15.0
- Cash flow +7.9/30.0
- Schools +5.2/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- 1% rule +3.1/10.0
- Rent growth +2.1/5.0
- DSCR +2.0/10.0
- Appreciation +0.0/10.0
$585,000
18307 Parksville Dr · Estero, FL 33928
3 bd · 3.0 ba · 2,434 sqft · SingleFamily
public records
· 105 Days on market
Built 2022
0.27 ac lot
3-car garage
$240/sqft
· at area comps
Est $615k · at est.
$394/mo HOA · 8% of rent
↓ 51% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
MOTIVATED SELLER AND PRICE REDUCTION! Better Than New Construction And You Can Actually Move In Now and skip the builder drama. Welcome to one of Estero’s most sought-after communities—Verdana Village—where modern design meets resort-style living. Situated on a premium corner lot with room for a pool this Lennar SUMMERVILLE model offers a rare combination of space, light, and effortless flow. Featuring 3 bedrooms + den, 3 full bathrooms, and over 2,400 sq ft of single-story living, this layout is one of Lennar’s most popular for a reason.
Key facts
- Premium corner lot
- Oversized yard
- Resort-style pools
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath single-family listed at $585k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-624 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $475k (18.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $475k (18.8% below list).
- Recommended offer: $475k (18.8% below list) — sets the bar for cash-flow.
- Cap rate 5.0% vs local median 3.1% 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 soft (-1.4%/yr); 767 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 53d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 82% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- At $4,749/mo this rent would consume 56% of the median local household income ($103k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k 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 105 days — a 9% lower offer ($532k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$474,799
(18.8% below list)
Questions for the listing agent
- 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?
- It's been on market 105 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 5.01%
- Cash-on-cash
- -4.57%
- DSCR
- 0.80
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $614,941
- List price
- $585,000
- Delta
- -4.87%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19657 The Place Blvd | 0.90mi | 3/3.0 | 2,445 (+0%) | 2mo | $850,000 | $348 | 62 |
| 19612 The Place Blvd | 1.05mi | 3/3.0 | 2,445 (+0%) | 3mo | $820,000 | $335 | 62 |
| 20589 Napa Loop | 0.82mi | 3/3.0 | 2,493 (+2%) | 2mo | $1,050,000 | $421 | 59 |
| 20114 Hartford Blvd | 0.07mi | 3/3.5 | 2,862 (+18%) | 14mo | $895,000 | $313 | 58 |
| 21069 Verawood Loop | 1.09mi | 4/3.0 (+1) | 2,529 (+4%) | 3mo | $510,000 | $202 | 51 |
| 20593 Napa Loop | 0.80mi | 3/3.0 | 2,523 (+4%) | 16mo | $698,625 | $277 | 46 |
| 20530 Pebble Glen Dr | 0.44mi | 3/3.0 | 2,099 (-14%) | 14mo | $579,000 | $276 | 45 |
| 18647 Ives Dr | 0.59mi | 3/3.0 | 2,032 (-16%) | 14mo | $664,900 | $327 | 36 |
| 19617 Deming Ln | 0.96mi | 4/3.0 (+1) | 2,032 (-16%) | 4mo | $663,000 | $326 | 32 |
| 19282 Hinkley Dr | 0.61mi | 4/3.0 (+1) | 2,032 (-16%) | 12mo | $639,000 | $314 | 31 |
| 19390 Hinkley Dr | 0.63mi | 4/3.0 (+1) | 2,032 (-16%) | 13mo | $510,000 | $251 | 30 |
| 19053 Hinkley Dr | 1.09mi | 4/3.0 (+1) | 2,032 (-16%) | 9mo | $505,000 | $249 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
5-year hold
- IRR
- -27.7%
- Equity multiple
- 0.10×
- Total profit
- $-148,168
- Equity at exit
- $87,225
10-year hold
- IRR
- -44.5%
- Equity multiple
- -0.42×
- Total profit
- $-232,848
- Equity at exit
- $50,580
Cash invested: $163,800 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 61 active · 18 under contract
- Months of supply
- 122.0 mo (1%/mo absorbed)
- Median asking
- $619,900 ($268/sqft)
- Median days on market
- 74 d
- This list price
- 34% of active listings are priced below it
- ARV vs active asking
- -5.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33928
- Rents YoY
- -1.4%
- Active inventory
- 767
- Price-to-rent
- 10.3×
Monthly cashflow live
↻
- Estimated rent
- $4,749 high interval (Pro) →
- Mortgage (P&I)
- −$3,068
- Tax from tax record
- −$670 /mo · $8,040/yr
- Insurance
- −$244
- HOA
- −$394
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$997
- Net cashflow
- $-624
Break-even live
Break-even rent
$5,539
Max offer price
$474,799
Occupancy floor
—
Sensitivity live
| Price | -10% $-293 | -5% $-458 | +0% $-624 | +5% $-789 | +10% $-955 |
|---|---|---|---|---|---|
| Rent | -10% $-999 | -5% $-811 | +0% $-624 | +5% $-436 | +10% $-249 |
| Rate | -1.0pp $-329 | -0.5pp $-475 | base $-624 | +0.5pp $-775 | +1.0pp $-930 |
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
- $146,250
- Closing costs
- $17,550
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18315 Parksville Dr Estero, FL | 3.0 | 3.0 | 2444 | $4,995 | $2.04 | 52d | 1 | 0.02mi |
| 18336 Parksville Dr Estero, FL | 4.0 | 3.0 | 2434 | $8,500 | $3.49 | 72d | 1 | 0.09mi |
| 18282 Parksville Dr Estero, FL | 3.0 | 3.0 | 2126 | $10,000 | $4.70 | 19d | 1 | 0.11mi |
| 18262 Parksville Dr Estero, FL | 4.0 | 3.0 | 2098 | $3,550 | $1.69 | 25d | 1 | 0.15mi |
| 18278 Ridgeline Dr Estero, FL | 3.0 | 3.0 | 2434 | $7,500 | $3.08 | 72d | 1 | 0.20mi |
| 20179 Millrun Dr Estero, FL | 3.0 | 2.5 | 2493 | $4,300 | $1.72 | 72d | 1 | 0.20mi |
| 20040 Hartford Blvd Estero, FL | 3.0 | 4.0 | 2534 | $5,000 | $1.97 | 27d | 1 | 0.22mi |
| 18302 Ridgeline Dr Estero, FL | 4.0 | 3.0 | 2606 | $3,995 | $1.53 | 39d | 1 | 0.22mi |
| 20210 Kingmont Dr Estero, FL | 4.0 | 3.0 | 2267 | $3,995 | $1.76 | 72d | 1 | 0.26mi |
| 20210 Kingmont Dr Estero, FL | 4.0 | 3.0 | 2267 | $3,995 | $1.76 | 19d | 1 | 0.26mi |
| 20024 Hartford Blvd Estero, FL | 3.0 | 2.0 | 2081 | $6,950 | $3.34 | 72d | 1 | 0.26mi |
| 18324 Ridgeline Dr Estero, FL | 4.0 | 3.0 | 2267 | $3,595 | $1.59 | 39d | 1 | 0.28mi |
| 18315 Ridgeline Dr Estero, FL | 3.0 | 3.0 | 2202 | $3,750 | $1.70 | 65d | 1 | 0.28mi |
| 20015 Napa Loop Estero, FL | 3.0 | 3.0 | 2202 | $8,000 | $3.63 | 72d | 1 | 0.29mi |
| 20047 Napa Loop Estero, FL | 3.0 | 3.0 | 2621 | $3,495 | $1.33 | 65d | 1 | 0.29mi |
| 20047 Napa Loop Estero, FL | 3.0 | 3.0 | 2202 | $9,000 | $4.09 | 52d | 1 | 0.29mi |
| 18334 Ridgeline Dr Estero, FL | 3.0 | 3.0 | 2434 | $4,700 | $1.93 | 70d | 1 | 0.29mi |
| 20419 Pebble Glen Dr Estero, FL | 3.0 | 2.0 | 2088 | $6,490 | $3.11 | 72d | 1 | 0.32mi |
| 20989 Napa Loop Estero, FL | 3.0 | 3.0 | 2434 | $3,995 | $1.64 | 39d | 1 | 0.32mi |
| 18546 Ives Dr Estero, FL | 4.0 | 3.0 | 2032 | $8,250 | $4.06 | 72d | 1 | 0.35mi |
| 20514 Pebble Glen Dr Estero, FL | 2.0 | 2.0 | 1670 | $5,700 | $3.41 | 72d | 1 | 0.40mi |
| 20530 Pebble Glen Dr Estero, FL | 3.0 | 3.0 | 2099 | $5,950 | $2.83 | 19d | 1 | 0.43mi |
| 20285 Napa Loop Estero, FL | 3.0 | 3.0 | 2133 | $6,200 | $2.91 | 72d | 1 | 0.48mi |
| 20662 Greenwich Pl Estero, FL | 4.0 | 2.0 | 2244 | $3,595 | $1.60 | 39d | 1 | 0.60mi |
| 20662 Greenwich Pl Estero, FL | 4.0 | 2.0 | 2244 | $3,595 | $1.60 | 39d | 1 | 0.60mi |
| 19278 Hinkley Dr Estero, FL | 3.0 | 3.0 | 2201 | $3,395 | $1.54 | 52d | 1 | 0.60mi |
| 19226 Hinkley Dr Estero, FL | 3.0 | 2.0 | 1655 | $3,150 | $1.90 | 41d | 1 | 0.75mi |
| 19218 Hinkley Dr Estero, FL | 3.0 | 2.0 | 1655 | $3,000 | $1.81 | 63d | 1 | 0.77mi |
| 19712 Deming Ln Miromar Lakes, FL | 3.0 | 3.0 | 2091 | $8,500 | $4.07 | 35d | 1 | 0.82mi |
| 20492 Verawood Loop Estero, FL | 4.0 | 3.0 | 2032 | $3,250 | $1.60 | 72d | 1 | 0.83mi |
| 20492 Verawood Loop Estero, FL | 4.0 | 3.0 | 2032 | $3,250 | $1.60 | 59d | 1 | 0.83mi |
| 19828 The Pl Blvd Miromar Lakes, FL | 3.0 | 3.0 | 1852 | $4,000 | $2.16 | 46d | 1 | 0.86mi |
| 19701 Deming Ln Estero, FL | 4.0 | 3.0 | 2032 | $6,500 | $3.20 | 72d | 1 | 0.86mi |
| 19100 Hanley Blvd Estero, FL | 3.0 | 3.0 | 2434 | $4,000 | $1.64 | 72d | 1 | 0.91mi |
| 19860 The Pl Blvd Miromar Lakes, FL | 4.0 | 3.0 | 2606 | $3,600 | $1.38 | 52d | 1 | 0.93mi |
| 19860 The Place Blvd Estero, FL | 4.0 | 3.0 | 2606 | $3,500 | $1.34 | 33d | 1 | 0.93mi |
| 19584 Utopia Ln Estero, FL | 3.0 | 3.0 | 2032 | $3,800 | $1.87 | 19d | 1 | 1.01mi |
| 19565 Deming Ln Miromar Lakes, FL | 3.0 | 3.0 | 1852 | $3,800 | $2.05 | 35d | 1 | 1.05mi |
| 19563 Utopia Ln Estero, FL | 3.0 | 2.0 | 2010 | $3,495 | $1.74 | 19d | 1 | 1.06mi |
| 21143 Verawood Loop Estero, FL | 3.0 | 3.0 | 2444 | $4,200 | $1.72 | 32d | 1 | 1.06mi |
Property features AI
Finance
- HOA & community
- Mandatory HOAHOA fee $640 quarterlyMaster HOA fee $543 quarterlyOne-time other fee $1,500Total annual recurring fees $5,212Total one-time fees $4,500Professional managementHOA maintenance covers lawn/land maintenance, legal/accounting, exterior pest control, reserves, and street maintenanceCommunity amenities include clubhouse, community pool and spa/hot tub, fitness center (attended), exercise room, tennis, pickleball, basketball, bocce court, play area, dog park, restaurant, BBQ/picnic areas, sidewalks, streetlights, and underground utilitiesCommunity type: Gated with tennis
Exterior
- Parking
- Attached 3-car garage
- Security
- Gated community
- Utilities
- Central waterCentral sewerCable available
- Home design
- Single family residenceOne-story (ranch) layoutRear exposure facing southLocated in Verdana Village
- Construction
- Concrete block constructionBuilt in 2022
- Exterior features
- Stucco exteriorTile roofSingle-hung windowsManual storm shuttersCentral irrigationLandscaped viewRegular lotDeeded restrictions
Interior
- Kitchen
- Cooktop (electric)Self-cleaning ovenDishwasherMicrowaveDisposalRefrigerator/ice makerPantry
- Bedrooms
- 3 bedrooms plus den
- Flooring
- Tile flooring
- Bathrooms
- 3 full bathroomsMaster bath with dual sinks and shower (no tub)
- Heating & cooling
- Central electric heatCentral electric cooling
- Interior features
- Cable prewireFoyerHigh-speed internet availablePantrySmoke detectorsTray ceilingWalk-in closetWindow coveringsSplit bedroom floor planBreakfast bar and eat-in kitchenDen (study)Screened lanai/porchLaundry in residenceUnfurnished
- Laundry & utility
- Washer and dryer includedAuto garage door opener
HOA detail $394/mo · $4,728/yr
- Likely covers
- pool
Listing history 48 events
-
2026-08-08days on market $585,000 Active 105 DOM
-
2026-08-07days on market $585,000 Active 104 DOM
-
2026-08-06days on market $585,000 Active 103 DOM
-
2026-08-05days on market $585,000 Active 102 DOM
-
2026-08-04days on market $585,000 Active 101 DOM
-
2026-08-03days on market $585,000 Active 100 DOM
-
2026-07-30days on market $585,000 Active 95 DOM
-
2026-07-28days on market $585,000 Active 94 DOM
-
2026-07-26days on market $585,000 Active 92 DOM
-
2026-07-24days on market $585,000 Active 90 DOM
-
2026-07-23days on market $585,000 Active 89 DOM
-
2026-07-22days on market $585,000 Active 88 DOM
-
2026-07-21days on market $585,000 Active 87 DOM
-
2026-07-18days on market $585,000 Active 84 DOM
-
2026-07-18days on market $585,000 Active 83 DOM
-
2026-07-16days on market $585,000 Active 82 DOM
-
2026-07-15days on market $585,000 Active 81 DOM
-
2026-07-14days on market $585,000 Active 80 DOM
-
2026-07-13days on market $585,000 Active 79 DOM
-
2026-07-13days on market $585,000 Active 78 DOM
-
2026-07-12days on market $585,000 Active 77 DOM
-
2026-07-10days on market $585,000 Active 76 DOM
-
2026-07-09days on market $585,000 Active 75 DOM
-
2026-07-07pricedays on market $585,000 Active 73 DOM
-
2026-07-06days on market $599,000 Active 72 DOM
-
2026-07-05days on market $599,000 Active 71 DOM
-
2026-07-02days on market $599,000 Active 68 DOM
-
2026-07-01days on market $599,000 Active 67 DOM
-
2026-06-30days on market $599,000 Active 66 DOM
-
2026-06-29days on market $599,000 Active 65 DOM
-
2026-06-28days on market $599,000 Active 64 DOM
-
2026-06-25days on market $599,000 Active 60 DOM
-
2026-06-22days on market $599,000 Active 58 DOM
-
2026-06-22days on market $599,000 Active 57 DOM
-
2026-06-17days on market $599,000 Active 53 DOM
-
2026-06-16days on market $599,000 Active 52 DOM
-
2026-06-15days on market $599,000 Active 51 DOM
-
2026-06-13days on market $599,000 Active 49 DOM
-
2026-06-10days on market $599,000 Active 46 DOM
-
2026-06-09days on market $599,000 Active 45 DOM
-
2026-06-08days on market $599,000 Active 44 DOM
-
2026-06-07days on market $599,000 Active 43 DOM
-
2026-06-03days on market $599,000 Active 39 DOM
-
2026-06-02pricedays on market $599,000 Active 38 DOM
-
2026-06-01days on market $610,000 Active 37 DOM
-
2026-05-31days on market $610,000 Active 36 DOM
-
2026-04-25$610,000 Active
-
2021-09-02soldstatus $1,226,200
ⓘ 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
- $8,040 · $670/mo
- Projected year-2 tax
- $8,040 · $670/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 6/10 Major FEMA zone X (unshaded) · 68% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 9/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $56,989
- − Mortgage interest
- −$32,769
- − Property taxes
- −$8,040
- − Insurance
- −$2,925
- − Repairs & maintenance
- −$4,559
- − Management
- −$4,559
- − HOA
- −$4,728
- − Depreciation
- −$17,018
- Taxable loss
- −$17,610
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$4,226
- After-tax cash flow
- $-3,259/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.
Condition & rehab AI · 1 photo
80/100
None rehab
This single-family home in Estero, Florida, is in excellent condition with no visible repairs needed. It offers a premium corner lot and is move-in ready, making it an attractive investment.
Value-add opportunities
- Both Painting — Fresh paint can enhance curb appeal and interior aesthetics ↑
- Both Landscaping — Enhances curb appeal and can attract more potential buyers ↑
- Both Interior cleaning — A clean interior can make the home more appealing to buyers and renters ↑
D
Composite school gradezoned avg 52/100
Zoned Schools
Elementary
Bonita Springs Elementary School
C-
FL #976/2,144
Nat'l #11,114/41,679
Middle
Lexington Middle School
B-
FL #183/571
Nat'l #2,564/14,009
High
Estero High School
D
FL #179/667
Nat'l #5,677/17,239
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
B
Composite livability gradescore 79/100
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
- County
- Lee County · 871,946 people
- City population
- 31,926
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 31,926
- Household income
- $102,624
- Rent vs Own
- Severe rent burden
- 8% of renters
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 (85%)
- Race & ethnicity
- White 85% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 1%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 11% · Canada, China, Jamaica
- Languages at home
- 90% English-only · Spanish 5% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -109.49%
- Current HPI
- 197.5913
- Rent YoY
- ▼ -1.42%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-51.1% since first listed3 events — show timeline
- 2026-06-02 Price Changed $599,000 BEARMLS
- 2026-04-25 Listed $610,000 BEARMLS
- 2021-09-02 Sold (Public Records) $1,226,200 Public Records
Property tax history
+36.4%/yrLatest (2025): $8,040 · +2.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…