600 Neapolitan Way #257 · Naples, FL 34103

$399,000

2 bd · 2.0 ba · 864 sqft · Condo public records · 202 Days on market

Built 1982 $1300/mo HOA · 25% of rent

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Why this score? — see what drove the C 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 +17.5/30.0
• 1% rule +8.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.5/10.0
• Rent growth +5.0/5.0
• Schools +5.0/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

Key facts

• Grilling areas
• Pickleball courts
• Exercise room

Tags

• LAGOON-STYLE HEATED POOL
• TENNIS COURTS
• PICKLEBALL COURTS
• BASKETBALL COURTS
• EXERCISE ROOM
• GRILLING AREAS

Property features AI

Finance

• Other: Complex has 157 units; building contains 40 units with 1 floor and 2 units per floor; Restrictions include limited number of vehicles, no commercial vehicles, no RVs; One-time community fee applies
• Financial info: Condo fee is paid quarterly
• HOA & community: Mandatory HOA; Quarterly condo fee; Community amenities include clubhouse, community room, spa/hot tub, exercise room, restaurant, basketball, shuffleboard, tennis, BBQ/picnic area, sidewalks and underground utilities; Professional management; HOA maintenance covers cable, internet/WiFi, irrigation water, laundry facilities, lawn/land maintenance, pest control (exterior), reserves, security, sewer, street lights, trash removal and water; Total annual recurring HOA fees reported

Exterior

• Parking: 2 assigned parking spaces
• Security: Lobby security
• Utilities: Central water; Central sewer; Cable available; Central electric power
• Home design: Residential condo in a mid-rise (4–7) garden apartment building; Building described as Park Shore / Park Shore Resort; Rear exposure faces south; Entry level on a single floor
• Construction: Concrete block construction; Stucco exterior finish; Shingle roof; Built in 1982; Impact resistant sliding windows
• Exterior features: Sprinkler system (automatic); Tennis court; Lake view / waterfront on a lake; Paved public road access; Zero lot line

Interior

• Kitchen: Cooktop (electric); Range; Self-cleaning oven; Microwave; Dishwasher; Disposal; Refrigerator/Freezer; Pantry
• Bedrooms: 2 bedrooms with a split bedroom floor plan
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms; Master bathroom has a combined tub and shower
• Heating & cooling: Central electric heating; Central electric cooling; Smoke detector
• Interior features: Cable prewire and high-speed internet available; Walk-in closet; Pantry; Dining area integrated with living space; Screened balcony; Turnkey furnished
• Laundry & utility: Washer and dryer in residence; Laundry facilities available in the community

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $399k.

Deal economics

• At list price, monthly cash flow is $241 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $399k).
• Recommended offer: $351k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#126 in FL, #1,903 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute D+, cost of living 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.
• Zoned schools: Sea Gate Elementary School (math 86% / reading 81%, grade A+, #60 of 2,144 statewide, top 3%, 703 students, 26% FRL); Naples High School (math 47% / reading 52%, grade D, #179 of 667 statewide, top 29%, 1,719 students, 39% FRL) — zoned schools average 32% FRL vs 55% district-wide (23 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+14.6%/yr); 479 active listings in the ZIP; 21 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).
• At $5,205/mo this rent would consume 53% of the median local household income ($117k/yr) (locally 311% of renters already pay >50% of income on rent) — 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 $3k of loan paydown is wiped out by about $12k 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 $112k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 202 days — a 12% lower offer ($351k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $21k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $201k; list at $399k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 25% of rent.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $351,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 202 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
9. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
10. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
11. 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.
12. 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.
13. 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: 1.30% ✓
• Cap rate: 7.22%
• Cash-on-cash: 3.31%
• DSCR: 1.15
• GRM: 6.4

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: -4.7%
• Equity multiple: 0.81×
• Total profit: $-21,014
• Equity at exit: $59,492

10-year hold

• IRR: 11.4%
• Equity multiple: 2.16×
• Total profit: $129,787
• Equity at exit: $34,498

Cash invested: $111,720 (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 34103

• Rents YoY: 14.6%
• Active inventory: 479
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $5,205 high
• Mortgage (P&I): −$2,092
• Tax from tax record: −$245 /mo · $2,945/yr
• Insurance: −$166
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$1,300
• Vacancy / Maint / Mgmt: −$1,093
• Net cashflow: $241

Break-even live

Break-even rent $4,899

Max offer price $399,000

Occupancy floor 90%

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: $99,750
• Closing costs: $11,970
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
600 Neapolitan Way Naples, FL	1.0–2.0	2.0	832	$5,200	$6.25	23d	2	0.14mi
4523 Fluvia Ave Naples, FL	2.0	1.0	1050	$5,500	$5.24	23d	1	0.51mi
4525 Fluvia Ave Naples, FL	2.0	1.0	1050	$5,500	$5.24	23d	1	0.51mi
788 Park Shore Dr Naples, FL	1.0–2.0	1.5–2.0	931	$5,500	$5.90	13d	3	0.71mi
1100 Pine Ridge Rd Naples, FL	1.0	1.0	868	$2,125	$2.45	14d	3	0.75mi
1400 Pompei Ln Naples, FL	2.0	2.0	1012	$1,888	$1.86	23d	2	0.75mi
1400 Pompei Ln Unit O-21 Naples, FL	2.0	2.0	1025	$2,200	$2.15	23d	1	0.76mi
1400 Pompei Ln Unit S-21 Naples, FL	2.0	2.0	1025	$3,000	$2.93	23d	1	0.76mi
5934 Premier Way Naples, FL	1.0–3.0	1.0–3.0	1350	$3,618	$2.68	14d	29	1.18mi
45 High Point Cir S #303 Naples, FL	2.0	2.0	1015	$5,500	$5.42	23d	1	1.20mi
3030 Binnacle Dr #201 Naples, FL	2.0	2.0	1092	$5,000	$4.58	23d	1	1.21mi
820 Ketch Dr #2 Naples, FL	2.0	2.0	1100	$5,700	$5.18	23d	1	1.30mi
820 Ketch Dr #3 Naples, FL	2.0	2.0	1100	$5,500	$5.00	23d	1	1.30mi
3200 Gulf Shore Blvd N #105 Naples, FL	2.0	2.0	1116	$8,500	$7.62	23d	1	1.34mi
1085 Forest Lakes Dr Unit 8305 Naples, FL	1.0	1.0	766	$3,000	$3.92	14d	1	1.36mi
1085 Forest Lakes Dr Unit 8202 Naples, FL	2.0	2.0	1086	$2,800	$2.58	14d	1	1.36mi
1085 Forest Lakes Dr Unit 8106 Naples, FL	2.0	2.0	1000	$1,900	$1.90	14d	1	1.36mi
1086 Forest Lakes Dr Unit 9303 Naples, FL	2.0	2.0	1000	$2,395	$2.40	14d	1	1.39mi
333 Harbour Dr #211 Naples, FL	2.0	2.0	975	$5,500	$5.64	14d	1	1.43mi
287 Quail Forest Blvd #117 Naples, FL	2.0	2.0	993	$1,695	$1.71	14d	1	1.44mi
287 Quail Forest Blvd #117 Naples, FL	2.0	2.0	993	$1,995	$2.01	21d	1	1.44mi

HOA detail condo

• Monthly dues: $1,300 · $15,600/yr
• Likely covers: waterpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 37 events

1. 2026-06-18
   days on market $399,000 Active 202 DOM
2. 2026-06-17
   days on market $399,000 Active 201 DOM
3. 2026-06-16
   days on market $399,000 Active 200 DOM
4. 2026-06-15
   days on market $399,000 Active 199 DOM
5. 2026-06-10
   days on market $399,000 Active 194 DOM
6. 2026-06-09
   days on market $399,000 Active 193 DOM
7. 2026-06-08
   days on market $399,000 Active 192 DOM
8. 2026-06-07
   days on market $399,000 Active 191 DOM
9. 2026-06-03
   days on market $399,000 Active 187 DOM
10. 2026-06-02
    days on market $399,000 Active 186 DOM
11. 2026-06-01
    days on market $399,000 Active 185 DOM
12. 2026-05-31
    days on market $399,000 Active 184 DOM
13. 2026-05-30
    days on market $399,000 Active 183 DOM
14. 2026-04-16
    price $399,000
15. 2025-12-10
    historical $7,000
16. 2025-11-28
    listed $420,000 Active
17. 2025-11-25
    price $7,000
18. 2025-11-25
    historical
19. 2025-11-13
    price $10,000
20. 2025-10-19
    listed $3,500
21. 2025-03-14
    price $420,000
22. 2025-02-19
    price $449,000
23. 2024-12-05
    historical $8,900
24. 2024-11-30
    listed $459,000 Active
25. 2024-10-03
    listed $8,900
26. 2016-11-18
    soldstatus $201,000

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

27. 2016-11-18
    price $201,000 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

28. 2016-11-17
    soldstatus $201,000 Sold 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

29. 2016-11-15
    price $215,900 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

30. 2016-10-28
    status Pending With Contingencies 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

31. 2016-06-15
    price $215,900 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

32. 2016-04-27
    price $234,900 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

33. 2016-03-12
    price $249,900 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

34. 2016-03-01
    listed $254,900 Active 1262-char remark

    Show marketing remark (1262 chars)

    * THE BEST LOCATION WITHIN THE RESORT!! * Enjoy breathtaking views from this 2nd story 2/2 furnished condo with elevator. This lakefront Park Shore Resort condo is just steps to the Clubhouse & Fitness Ctr & a quick walk over the bridge to enjoy the pool & on-site restaurant/bar. There are many shops, eateries that are a short walk & less than a mile to the beach! This condo has rental pool upgrades (Granite Counters, newer carpet, newer cabinets, newer stacked washer/dryer) & can participate again by complying with the last 2 upgrades; approx. $10K). To join the rental pool is optional & at buyer's cost & can be financed or pd from your rental incomes. Direct Rental Pool questions to the Mgr; Mr. Schurtz at [phone] x400 & check the ltr of Rental Incomes under 'Supplements'. Use this condo for your residential living pleasure, a vacation retreat or as an investment property. It is situated in a tropical setting on 13 acres. The amenities are many & include a lake setting, heated pool, 2 water displays, hot tub, grill area, sun deck, tennis, fitness ctr & handball courts. Condo is being sold in ‘as is’ condition with Full rights to inspect. .SHORT NOTICE OK TO SHOW!

35. 2014-08-08
    historical
36. 2014-03-26
    listed $182,000
37. 2002-11-25
    soldstatus $139,000

ⓘ 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: $2,945 · $245/mo
• Projected year-2 tax: $3,312 · $276/mo
• Expected delta: +$366/yr (+$31/mo · 12.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 92% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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: $62,459
• − Mortgage interest: −$22,350
• − Property taxes: −$2,945
• − Insurance: −$2,792
• − Repairs & maintenance: −$4,997
• − Management: −$4,997
• − HOA: −$15,600
• − Depreciation: −$11,607
• Taxable loss: −$2,830
• Est. tax savings @ 24.0%: +$679
• After-tax cash flow: $3,575/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 — Naples

• Score: 80/100
• State rank: #126
• US rank: #1903

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Naples, FL
• County: Collier County · 396,295 people
• City population: 344,941
• Metro: Naples-Marco Island, FL
• Population (ZIP): 11,299
• Household income: $116,875
• Rent vs Own: 14.1% rent · 85.9% own
• Severe rent burden: 311.0

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 10% Two or more races 8% Asian 1%
• Common ancestry: Romanian 4% Lithuanian 2% Portuguese 2%
• Foreign-born: 13% · Canada
• Languages at home: 87% English-only · Spanish 9% Other Indo-European 2% German/W. Germanic 1%

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: ▼ -327.53%
• Current HPI: 315.1396
• Rent YoY: ▲ 14.55%
• 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

+187.1% since first listed

24 events — show timeline

• 2026-04-16 Price Changed $399,000 NAPLESMLS
• 2025-12-10 Rental Removed $7,000 NAPLESMLS
• 2025-11-28 Listed $420,000 NAPLESMLS
• 2025-11-25 Price Changed $7,000 NAPLESMLS
• 2025-11-25 Listing Removed — NAPLESMLS
• 2025-11-13 Price Changed $10,000 NAPLESMLS
• 2025-10-19 Listed for Rent $3,500 NAPLESMLS
• 2025-03-14 Price Changed $420,000 NAPLESMLS
• 2025-02-19 Price Changed $449,000 NAPLESMLS
• 2024-12-05 Rental Removed $8,900 NAPLESMLS
• 2024-11-30 Listed $459,000 NAPLESMLS
• 2024-10-03 Listed for Rent $8,900 NAPLESMLS
• 2016-11-18 Sold (Public Records) $201,000 Public Records
• 2016-11-18 Price Changed $201,000 NAPLESMLS
• 2016-11-17 Sold (MLS) $201,000 NAPLESMLS
• 2016-11-15 Price Changed $215,900 NAPLESMLS
• 2016-10-28 Pending — NAPLESMLS
• 2016-06-15 Price Changed $215,900 NAPLESMLS
• 2016-04-27 Price Changed $234,900 NAPLESMLS
• 2016-03-12 Price Changed $249,900 NAPLESMLS
• 2016-03-01 Listed $254,900 NAPLESMLS
• 2014-08-08 Listing Removed — NAPLESMLS
• 2014-03-26 Listed $182,000 NAPLESMLS
• 2002-11-25 Sold (Public Records) $139,000 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,945 · +1.2% YoY. Source: county tax records.