17929 Courtside Landings Cir · Burnt Store Marina, FL 33955

$479,000

2 bd · 2.0 ba · 1,759 sqft · Condo public records · 163 Days on market

Built 2001 $499/mo HOA · 21% of rent

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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).

• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +1.7/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss out on This Gorgeous Open Floor Plan Pool Home in Burnt Store Marina. Paradise Welcomes you to A Spacious Front Lanai, Wonderful for Morning Coffees and Relaxing. The 3 bedrooms are Nice in Size, one doubles for an office with French Doors. Very Large Great Room , Designer Kitchen with Large Center Island, Granite Counters & Stainless Steel Appliances. This Floor Plan is Unique, As it Has an Extra Bath & Bar Area Great For Entertaining In Style. Enjoy The Recently Resurfaced Pool with a Large Outdoor Lanai. The Home Has A New Washer & Dryer, Pool Pump/Filter. Also New Beautiful Plantation Shutters. Burnt Store Marina Has it all with 525 Boat Slips, 3 Nine Hole Executives Golf Courses, 3 Dining Establishments & Nightly Entertainment. Numerous Activities to Keep You Busy Any Day Of the Week. Hurry On In. Schedule Your Showing Today!

Key facts

• Screened front porch
• New metal roof
• 4,138 sq ft lot

Tags

• NEW METAL ROOF
• EXPANDED EVERETT FLOOR PLAN
• SCREENED FRONT PORCH
• REDESIGNED MODERN KITCHEN
• EXPANSIVE FLUSH ISLAND
• HERRINGBONE TILE BACKSPLASH

Property features AI

Finance

• Other: Total annual fees listed; Partially furnished
• Financial info: Lease restrictions apply
• HOA & community: Monthly condo fee $400 (monthly); Annual association fee $1,194; Association management: Compass Rose Management; Association requires approval; Association fees cover: 24-hour guard, cable TV, pool, escrow reserves, fidelity bond, insurance, grounds maintenance, management, private road, security; Community features: fitness center, golf, tennis courts, pool, sidewalks, golf-cart friendly, deed restrictions, special community restrictions, reclaimed irrigation water; Pets allowed with number limits

Exterior

• Parking: Attached 2-car garage (19 x 22) with garage door opener; Driveway; Ground-level access
• Security: 24-hour guard (community amenity); Security included in association services
• Utilities: Public water; Public sewer; Electricity connected; Underground utilities; Broadband/high-speed internet available; Sewer and water connected
• Home design: Single-family residence; One story; South-facing
• Construction: Block and stucco construction; Metal roof; Slab foundation; Built with irrigation reclaimed water available
• Exterior features: Covered front and rear porches; Screened porch; Hurricane shutters; Outdoor lighting; Rain gutters; Sliding doors; Mature landscaping with trees; Level, landscaped lot near golf course and marina; Sidewalks and paved (asphalt) road access; Water access to bay/harbor, gulf/ocean and marina; Seawall (concrete), sailboat water access, no-fixed-bridge clearance

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Wine refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; High ceilings; Open floorplan; Living room/dining room combo; Split bedroom layout; Wet bar; Solid surface counters; Stone counters; Walk-in closets; Window treatments (shades, shutters)
• Laundry & utility: Inside laundry room; Washer; Dryer; Irrigation equipment

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $479k.

Deal economics

• At list price, monthly cash flow is $-2k ($-23k/yr) — negative.
• To cash-flow at today's rent, offer at most $142k (70.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $240k (49.8% below list).
• Recommended offer: $142k (70.3% below list) — sets the bar for cash-flow.
• Cap rate 1.7% vs local median 4.8% in Burnt Store Marina — 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 72/100 on livability (#354 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools C-, cost of living C-, amenities F.
• 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: 1481 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 37% of the median local income ($77k/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 $14k 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 163 days — a 12% lower offer ($422k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 16y 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

• Watch-outs: flood insurance adds $66/mo; HOA is 21% of rent.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,135 (70.3% 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 163 days. Have you received any prior offers? Is the seller open to a 70% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.50% ✗
• Cap rate: 1.68%
• Cash-on-cash: -16.47%
• DSCR: 0.27
• GRM: 16.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -49.9%
• Equity multiple: -0.48×
• Total profit: $-198,731
• Equity at exit: $71,420

10-year hold

• IRR: -98.0%
• Equity multiple: -1.45×
• Total profit: $-328,058
• Equity at exit: $41,415

Cash invested: $134,120 (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 33955

• Home prices YoY: -24.5%
• Active inventory: 1481
• Price-to-rent: 16.6×

Monthly cashflow live

• Estimated rent: $2,403 medium
• Mortgage (P&I): −$2,512
• Tax from tax record: −$528 /mo · $6,341/yr
• Insurance: −$200
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$499
• Vacancy / Maint / Mgmt: −$505
• Net cashflow: $-1,907

Break-even live

Break-even rent $4,817

Max offer price $142,135

Occupancy floor —

Sensitivity live

Price	-10% $-1,636	-5% $-1,771	+0% $-1,907	+5% $-2,042	+10% $-2,178
Rent	-10% $-2,097	-5% $-2,002	+0% $-1,907	+5% $-1,812	+10% $-1,717
Rate	-1.0pp $-1,666	-0.5pp $-1,785	base $-1,907	+0.5pp $-2,031	+1.0pp $-2,157

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: $119,750
• Closing costs: $14,370
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17947 Courtside Landings Cir Punta Gorda, FL	3.0	2.0	1338	$5,500	$4.11	25d	1	0.04mi
5 Pirates Ln Unit 54B Punta Gorda, FL	2.0	2.0	1516	$4,600	$3.03	25d	1	0.09mi
1610 Islamorada Blvd Unit 64A Punta Gorda, FL	2.0	2.0	1516	$2,000	$1.32	25d	1	0.18mi
3471 Sunset Key Cir #102 Punta Gorda, FL	3.0	2.0	1991	$5,750	$2.89	25d	1	0.31mi
2060 Matecumbe Key Rd Punta Gorda, FL	2.0–3.0	2.0	1271	$1,850	$1.45	25d	3	0.38mi
1010 Islamorada Blvd Punta Gorda, FL	3.0	2.0	1592	$4,700	$2.95	25d	1	0.39mi
3181 Matecumbe Key Rd Punta Gorda, FL	2.0	2.0	1254	$2,450	$1.95	25d	2	0.40mi
3304 Sunset Key Cir Unit D Punta Gorda, FL	3.0	2.0	2255	$5,750	$2.55	25d	1	0.41mi
1001 Islamorada Blvd Unit 12A Punta Gorda, FL	2.0	2.0	1365	$1,600	$1.17	17d	1	0.45mi
3255 Sugarloaf Key Rd Unit 31B Punta Gorda, FL	2.0	2.0	1516	$3,000	$1.98	17d	1	0.46mi
3250 Southshore Dr Unit 54B Punta Gorda, FL	3.0	2.0	2069	$5,750	$2.78	25d	1	0.46mi
3313 Sunset Key Cir Punta Gorda, FL	3.0	2.0–3.0	2089	$6,750	$3.23	25d	4	0.46mi
3313 Sunset Key Cir Unit Reservation spot 1 Punta Gorda, FL	2.0	2.0	2099	$2,750	$1.31	25d	1	0.46mi
17849 Hibiscus Cove Ct #1 Punta Gorda, FL	3.0	2.0	1937	$6,250	$3.23	25d	1	0.49mi
3270 Southshore Dr Unit 72B Punta Gorda, FL	3.0	2.0	2069	$5,750	$2.78	25d	1	0.52mi
3280 Southshore Dr Unit 87A Punta Gorda, FL	3.0	2.0	2069	$4,000	$1.93	25d	1	0.54mi
5050 Marianne Key Rd Unit 1B Punta Gorda, FL	2.0	2.0	1347	$4,500	$3.34	17d	1	0.65mi
4005 Big Pass Ln Punta Gorda, FL	2.0	2.0	1423	$5,500	$3.87	17d	1	0.72mi
2091 King Tarpon Dr Punta Gorda, FL	3.0	2.0	1640	$5,200	$3.17	25d	1	0.91mi
3001 King Tarpon Dr Punta Gorda, FL	3.0	2.0	1734	$5,500	$3.17	25d	1	0.92mi
24417 Baltic Ave #1102 Punta Gorda, FL	2.0	2.0	1788	$5,250	$2.94	25d	1	0.97mi
17434 Oro Ct Punta Gorda, FL	3.0	2.5	1864	$2,000	$1.07	22d	1	1.11mi
17314 Cape Horn Blvd Punta Gorda, FL	3.0	2.0	2216	$2,800	$1.26	14d	1	1.23mi
3929 NW 42nd Ln Cape Coral, FL	3.0	2.0	1333	$1,995	$1.50	25d	1	1.44mi

HOA detail condo

• Monthly dues: $499 · $5,988/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-05-14
   status Pending
2. 2026-04-06
   price $479,000
3. 2025-12-02
   listed $499,000 Active
4. 2022-04-29
   soldstatus $549,800 Closed 877-char remark

   Show marketing remark (877 chars)

   Don't miss out on This Gorgeous Open Floor Plan Pool Home in Burnt Store Marina. Paradise Welcomes you to A Spacious Front Lanai, Wonderful for Morning Coffees and Relaxing. The 3 bedrooms are Nice in Size, one doubles for an office with French Doors. Very Large Great Room , Designer Kitchen with Large Center Island, Granite Counters & Stainless Steel Appliances. This Floor Plan is Unique, As it Has an Extra Bath & Bar Area Great For Entertaining In Style. Enjoy The Recently Resurfaced Pool with a Large Outdoor Lanai. The Home Has A New Washer & Dryer, Pool Pump/Filter. Also New Beautiful Plantation Shutters. Burnt Store Marina Has it all with 525 Boat Slips, 3 Nine Hole Executives Golf Courses, 3 Dining Establishments & Nightly Entertainment. Numerous Activities to Keep You Busy Any Day Of the Week. Hurry On In. Schedule Your Showing Today!

5. 2022-04-29
   soldstatus $549,800

   Show marketing remark (877 chars)

   Don't miss out on This Gorgeous Open Floor Plan Pool Home in Burnt Store Marina. Paradise Welcomes you to A Spacious Front Lanai, Wonderful for Morning Coffees and Relaxing. The 3 bedrooms are Nice in Size, one doubles for an office with French Doors. Very Large Great Room , Designer Kitchen with Large Center Island, Granite Counters & Stainless Steel Appliances. This Floor Plan is Unique, As it Has an Extra Bath & Bar Area Great For Entertaining In Style. Enjoy The Recently Resurfaced Pool with a Large Outdoor Lanai. The Home Has A New Washer & Dryer, Pool Pump/Filter. Also New Beautiful Plantation Shutters. Burnt Store Marina Has it all with 525 Boat Slips, 3 Nine Hole Executives Golf Courses, 3 Dining Establishments & Nightly Entertainment. Numerous Activities to Keep You Busy Any Day Of the Week. Hurry On In. Schedule Your Showing Today!

6. 2022-02-22
   status Pending 877-char remark

   Show marketing remark (877 chars)

   Don't miss out on This Gorgeous Open Floor Plan Pool Home in Burnt Store Marina. Paradise Welcomes you to A Spacious Front Lanai, Wonderful for Morning Coffees and Relaxing. The 3 bedrooms are Nice in Size, one doubles for an office with French Doors. Very Large Great Room , Designer Kitchen with Large Center Island, Granite Counters & Stainless Steel Appliances. This Floor Plan is Unique, As it Has an Extra Bath & Bar Area Great For Entertaining In Style. Enjoy The Recently Resurfaced Pool with a Large Outdoor Lanai. The Home Has A New Washer & Dryer, Pool Pump/Filter. Also New Beautiful Plantation Shutters. Burnt Store Marina Has it all with 525 Boat Slips, 3 Nine Hole Executives Golf Courses, 3 Dining Establishments & Nightly Entertainment. Numerous Activities to Keep You Busy Any Day Of the Week. Hurry On In. Schedule Your Showing Today!

7. 2022-02-19
   listed $525,000 Active 877-char remark

   Show marketing remark (877 chars)

   Don't miss out on This Gorgeous Open Floor Plan Pool Home in Burnt Store Marina. Paradise Welcomes you to A Spacious Front Lanai, Wonderful for Morning Coffees and Relaxing. The 3 bedrooms are Nice in Size, one doubles for an office with French Doors. Very Large Great Room , Designer Kitchen with Large Center Island, Granite Counters & Stainless Steel Appliances. This Floor Plan is Unique, As it Has an Extra Bath & Bar Area Great For Entertaining In Style. Enjoy The Recently Resurfaced Pool with a Large Outdoor Lanai. The Home Has A New Washer & Dryer, Pool Pump/Filter. Also New Beautiful Plantation Shutters. Burnt Store Marina Has it all with 525 Boat Slips, 3 Nine Hole Executives Golf Courses, 3 Dining Establishments & Nightly Entertainment. Numerous Activities to Keep You Busy Any Day Of the Week. Hurry On In. Schedule Your Showing Today!

8. 2020-07-29
   soldstatus $339,000
9. 2020-07-24
   soldstatus $339,000 Sold 572-char remark

   Show marketing remark (572 chars)

   PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

10. 2020-06-23
    status Pending 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

11. 2020-06-05
    status Active 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

12. 2020-05-11
    status Pending 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

13. 2020-05-07
    price $339,000 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

14. 2020-03-05
    price $349,000 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

15. 2020-02-20
    price $369,000 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

16. 2020-02-07
    price $372,500 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

17. 2019-12-28
    listed $382,560 Active 572-char remark

    Show marketing remark (572 chars)

    PROPERTY REDUCED $33,500 FOR QUICK SALE!!! THIS PROPERTY IS LOCATED IN ONE OF THE PREMIER, NEWEST, AND MOST DESIREABLE NEIGHBORHOODS IN BURNT STORE MARINA. THIS IS A CUSTOM OVER SIZE EVERETTE MODEL FEATURING OVER 1795 SQ FT UNDER AIR, THREE BEDROOMS, TWO AND A HALF BATHS, OPEN CONCEPT EXPANDED KITCHEN AND GREATROOM, WET BAR ALLOWING FOR GREAT ENTERTAINING FACILITIES. THIS IS TRULY A MUST SEE UNIT. THE CONDO FEES IN THE UNIT ARE $265 MAKING IT AMONG THE LOWEST IN BSM. ALSO THE BSM ASSESSMENTS DO NOT APPLY TO THIS UNIT SAVING YOU AN ADDITIONAL $400.00 PER MONTH.

18. 2011-12-06
    historical
19. 2011-05-31
    historical
20. 2011-05-17
    listed $259,000
21. 2010-12-15
    listed $299,900

ⓘ 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: $6,341 · $528/mo
• Projected year-2 tax: $6,341 · $528/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 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,837
• − Mortgage interest: −$26,831
• − Property taxes: −$6,341
• − Insurance: −$3,192
• − Repairs & maintenance: −$2,307
• − Management: −$2,307
• − HOA: −$5,988
• − Depreciation: −$13,935
• Taxable loss: −$32,064
• Est. tax savings @ 24.0%: +$7,695
• After-tax cash flow: $-15,188/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 — Burnt Store Marina

• Score: 72/100
• State rank: #354
• US rank: #6145

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burnt Store Marina, FL
• County: Charlotte County · 196,994 people
• City population: 68,831
• Metro: Punta Gorda, FL
• Population (ZIP): 12,399
• Household income: $76,943
• Rent vs Own: 9.5% rent · 90.5% own
• Severe rent burden: 226.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 10% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Cuban 4%
• Common ancestry: Romanian 5% Italian 3% Serbian 3%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 5% 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: ▼ -78.71%
• Current HPI: 242.9043
• Rent YoY: —
• Metro: Punta Gorda, 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

+59.7% since first listed

21 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Price Changed $479,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-02 Listed $499,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-29 Sold (Public Records) $549,800 Public Records
• 2022-04-29 Sold (MLS) $549,800 Stellar MLS as Distributed by MLS Grid
• 2022-02-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-19 Listed $525,000 Stellar MLS as Distributed by MLS Grid
• 2020-07-29 Sold (Public Records) $339,000 Public Records
• 2020-07-24 Sold (MLS) $339,000 Stellar MLS as Distributed by MLS Grid
• 2020-06-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-06-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2020-05-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-05-07 Price Changed $339,000 Stellar MLS as Distributed by MLS Grid
• 2020-03-05 Price Changed $349,000 Stellar MLS as Distributed by MLS Grid
• 2020-02-20 Price Changed $369,000 Stellar MLS as Distributed by MLS Grid
• 2020-02-07 Price Changed $372,500 Stellar MLS as Distributed by MLS Grid
• 2019-12-28 Listed $382,560 Stellar MLS as Distributed by MLS Grid
• 2011-12-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-05-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-05-17 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2010-12-15 Listed $299,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+7.9%/yr

Latest (2025): $6,341 · -1.3% YoY. Source: county tax records.