72 7th St S #108 · Naples, FL 34102

$345,000

1 bd · 1.0 ba · 712 sqft · Condo public records · 118 Days on market

Built 1968 $656/mo HOA · 15% of rent

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.8/30.0
• DSCR +8.1/10.0
• 1% rule +8.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.0/10.0
• Schools +5.0/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0

Listing remarks

INVESTMENT OPPORTUNITY! Location. .. Location. .. Location. .. OLDE NAPLES, - Minutes to Fifth Avenue, Shopping, restaurants, health care, beaches and more! The Collier County Public Library is just adjacent from the Park Terrace Club! Amazing opportunity to hang your hat and make this casual, cozy condo your slice of paradise! 1 bedroom, 1 bath condo with open, spacious floorplan, light and bright, just steps away from to the community pool! Many new updates and renovations. .. all new plumbing lines, newly installed wood flooring throughout, freshly painted, brand new impact resistant windows and doors. Conveniently located on the first floor with easy access to every amenity that th

Key facts

• New plumbing lines
• Community pool
• Freshly painted

Tags

• MINUTES TO FIFTH AVENUE
• COMMUNITY POOL
• NEW PLUMBING LINES
• NEWLY INSTALLED WOOD FLOORING
• FRESHLY PAINTED
• FIRST FLOOR

Property features AI

Finance

• Other: 36 units in complex / 36 units in building; 3 total floors in building; Unit located in subdivision Park Terrace (Sub Condo Name: PARK TERRACE)
• Financial info: Quarterly condo fee listed (see broker for current amount); Total annual recurring fees listed; Total one-time fees listed
• HOA & community: Mandatory HOA (Park Terrace / gated community); Quarterly condo fee; Professional management; Community pool; Bike storage; Common laundry; Maintenance covers insurance, irrigation water, laundry facilities, lawn/land maintenance, legal/accounting, pest control (exterior), street lights, trash removal, water

Exterior

• Parking: 1 assigned parking space (space #108); guest parking available
• Security: Gated community; Entry card access
• Utilities: Central water; Central sewer; Cable available; Electric service (central)
• Home design: Residential low-rise building (1–3 stories); Zero lot line; Rear exposure to the west; Facing/located in Olde Naples
• Construction: Concrete block construction; Stucco exterior finish; Metal roof; Built in 1968
• Exterior features: Patio; Storage; Impact resistant windows and doors

Interior

• Kitchen: Range; Refrigerator/Freezer; Disposal
• Bedrooms: 1 bedroom
• Flooring: Wood flooring
• Bathrooms: 1 full bathroom; Master bath with combo tub and shower
• Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans
• Interior features: Built-in cabinets; Cable prewire / cable available; Foyer; High-speed internet available; See remarks; Walk-in closet; Common elevator; 2 ceiling fans; Screened lanai/porch
• Laundry & utility: Common laundry (in complex)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $345k.

Deal economics

• At list price, monthly cash flow is $309 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $345k).
• Recommended offer: $314k (9.0% 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: Lake Park Elementary School (math 76% / reading 77%, grade A, #185 of 2,144 statewide, top 9%, 502 students, 39% FRL); Naples High School (math 47% / reading 52%, grade D, #179 of 667 statewide, top 29%, 1,719 students, 39% FRL) — zoned schools average 39% FRL vs 55% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+8.8%/yr); 614 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).

Forward outlook

• In year one you build about $16k of equity ($2k loan paydown + $14k appreciation (4.1% local appreciation)).
• Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.1% appreciation + 8.0% rent growth), your $97k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 118 days — a 9% lower offer ($314k) is reasonable based on typical stale-listing flexibility.
• 7 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.
• Current owner paid $122k; list at $345k implies a 182% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $313,950 (9.0% below list)

Questions for the listing agent

1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 1.30% ✓
• Cap rate: 8.85%
• Cash-on-cash: 9.13%
• DSCR: 1.41
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.08% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 17.5%
• Equity multiple: 2.09×
• Total profit: $105,770
• Equity at exit: $176,606

10-year hold

• IRR: 21.2%
• Equity multiple: 4.83×
• Total profit: $370,315
• Equity at exit: $290,207

Cash invested: $96,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34102

• Home prices YoY: 1.3%
• Rents YoY: 8.8%
• Active inventory: 614
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $4,497 high
• Mortgage (P&I): −$1,809
• Tax from tax record: −$209 /mo · $2,507/yr
• Insurance: −$144
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$656
• Vacancy / Maint / Mgmt: −$944
• Net cashflow: $309

Break-even live

Break-even rent $4,107

Max offer price $345,000

Occupancy floor 88%

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: $86,250
• Closing costs: $10,350
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
101 8th St S Naples, FL	1.0	1.0–2.0	940	$12,600	$13.40	13d	4	0.09mi
101 8th St S Naples, FL	1.0	1.0–2.0	940	$12,600	$13.40	23d	4	0.09mi
540 4th Ave S #13 Naples, FL	1.0	1.0	580	$5,000	$8.62	23d	1	0.30mi
480 5th St S #102 Naples, FL	1.0	1.0	600	$6,500	$10.83	23d	1	0.33mi
655 8th Ave S Unit 1504166P Naples, FL	1.0	1.0	505	$5,346	$10.59	13d	1	0.52mi
950 7th Ave S #23 Naples, FL	1.0	1.0	631	$3,250	$5.15	13d	1	0.53mi
980 7th Ave S Naples, FL	1.0	1.0	540	$7,500	$13.89	23d	2	0.53mi
175 5th Ave S Naples, FL	2.0	2.0	732	$14,000	$19.13	23d	2	0.54mi
666 3rd St S Naples, FL	1.0–2.0	1.0–2.0	932	$2,500	$2.68	13d	2	0.58mi
291 8th Ave S Unit 291A Naples, FL	1.0	1.0	550	$3,900	$7.09	23d	1	0.66mi
960 7th St S #103 Naples, FL	1.0	1.0	534	$5,000	$9.36	23d	1	0.66mi
940 3rd St S Naples, FL	1.0–2.0	1.0–2.0	870	$2,800	$3.22	23d	2	0.74mi
803 River Point Dr Unit 201B Naples, FL	1.0	1.0	715	$2,300	$3.22	23d	1	0.76mi
473 12th Ave S Naples, FL	1.0–2.0	1.0–2.0	700	$3,000	$4.29	23d	2	0.92mi
1295 Gulf Shore Blvd S #218 Naples, FL	2.0	2.0	662	$10,479	$15.83	23d	1	1.10mi
1360 Chesapeake Ave Unit 1372 Naples, FL	1.0	1.0	600	$1,850	$3.08	23d	1	1.20mi
1950 Mayfair ST Unit 716 Naples, FL	1.0	1.0	710	$3,330	$4.69	13d	1	1.24mi
1950 Mayfair ST Unit 921 Naples, FL	1.0	1.0	710	$3,420	$4.82	13d	1	1.24mi
1950 Mayfair ST Unit 802 Naples, FL	1.0	1.0	710	$3,355	$4.73	13d	1	1.24mi
1950 Mayfair ST Unit 1021 Naples, FL	1.0	1.0	710	$3,520	$4.96	13d	1	1.24mi
1950 Mayfair ST Unit 817 Naples, FL	1.0	1.0	710	$3,295	$4.64	13d	1	1.24mi
1950 Mayfair St Naples, FL	3.0	1.0–3.5	1514	$5,505	$3.63	13d	109	1.25mi
2134 Palm St Naples, FL	1.0	1.0	600	$7,500	$12.50	23d	1	1.47mi

HOA detail condo

• Monthly dues: $656 · $7,872/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 33 events

1. 2026-06-18
   days on market $345,000 Active 118 DOM
2. 2026-06-17
   days on market $345,000 Active 117 DOM
3. 2026-06-16
   days on market $345,000 Active 116 DOM
4. 2026-06-15
   days on market $345,000 Active 115 DOM
5. 2026-06-14
   days on market $345,000 Active 113 DOM
6. 2026-06-10
   days on market $345,000 Active 110 DOM
7. 2026-06-09
   days on market $345,000 Active 109 DOM
8. 2026-06-08
   days on market $345,000 Active 108 DOM
9. 2026-06-07
   days on market $345,000 Active 107 DOM
10. 2026-06-03
    days on market $345,000 Active 103 DOM
11. 2026-06-02
    days on market $345,000 Active 102 DOM
12. 2026-06-01
    days on market $345,000 Active 101 DOM
13. 2026-05-31
    days on market $345,000 Active 100 DOM
14. 2026-05-30
    days on market $345,000 Active 99 DOM
15. 2026-02-20
    listed $345,000 Active
16. 2018-05-01
    historical
17. 2018-02-23
    price $215,000
18. 2018-02-16
    price $225,000
19. 2017-11-21
    status Active
20. 2017-11-20
    status Pending With Contingencies
21. 2017-11-14
    price $229,000
22. 2017-06-30
    listed $239,000 Active
23. 2016-04-11
    historical
24. 2016-02-02
    listed $259,900 Active
25. 2012-12-31
    soldstatus $122,175
26. 2012-12-28
    soldstatus $122,175
27. 2011-06-15
    listed $109,000
28. 2011-06-11
    historical
29. 2011-06-02
    listed $130,000
30. 2010-09-08
    listed $130,000
31. 2006-01-24
    soldstatus $330,000
32. 2005-04-28
    soldstatus $270,000
33. 2004-10-29
    soldstatus $172,000

ⓘ 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: $2,507 · $209/mo
• Projected year-2 tax: $2,864 · $239/mo
• Expected delta: +$356/yr (+$30/mo · 14.2%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $53,970
• − Mortgage interest: −$19,325
• − Property taxes: −$2,507
• − Insurance: −$6,844
• − Repairs & maintenance: −$4,318
• − Management: −$4,318
• − HOA: −$7,872
• − Depreciation: −$10,036
• Taxable loss: −$1,250
• Est. tax savings @ 24.0%: +$300
• After-tax cash flow: $4,003/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): 11,179
• Household income: $130,929
• Rent vs Own: 24.1% rent · 75.9% own
• Severe rent burden: 333.0

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 (79%)
• Race & ethnicity: White 79% Hispanic / Latino 9% Two or more races 8% Black 8% Asian 1%
• Hispanic origin (detail): Cuban 6%
• Common ancestry: Hispanic 4% Lithuanian 4% Romanian 4%
• Foreign-born: 17% · Canada, China
• Languages at home: 87% English-only · Spanish 7% French/Haitian/Cajun 4% 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: ▲ 4.08%
• Current HPI: 328.2755
• Rent YoY: ▲ 8.75%
• 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

+100.6% since first listed

19 events — show timeline

• 2026-02-20 Listed $345,000 NAPLESMLS
• 2018-05-01 Listing Removed — NAPLESMLS
• 2018-02-23 Price Changed $215,000 NAPLESMLS
• 2018-02-16 Price Changed $225,000 NAPLESMLS
• 2017-11-21 Relisted — NAPLESMLS
• 2017-11-20 Pending — NAPLESMLS
• 2017-11-14 Price Changed $229,000 NAPLESMLS
• 2017-06-30 Listed $239,000 NAPLESMLS
• 2016-04-11 Listing Removed — NAPLESMLS
• 2016-02-02 Listed $259,900 NAPLESMLS
• 2012-12-31 Sold (Public Records) $122,175 Public Records
• 2012-12-28 Sold (MLS) $122,175 NAPLESMLS
• 2011-06-15 Listed $109,000 NAPLESMLS
• 2011-06-11 Listing Removed — NAPLESMLS
• 2011-06-02 Listed $130,000 NAPLESMLS
• 2010-09-08 Listed $130,000 NAPLESMLS
• 2006-01-24 Sold (Public Records) $330,000 Public Records
• 2005-04-28 Sold (Public Records) $270,000 Public Records
• 2004-10-29 Sold (Public Records) $172,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $2,507 · +6.0% YoY. Source: county tax records.