3900 28th St SW · Lehigh Acres, FL 33976

$348,500

3 bd · 2.0 ba · 1,446 sqft · Land · 132 Days on market

Built 2026 0.25 ac lot

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.2/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• 1% rule +0.9/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

Key facts

• 0.25 acre lot
• 2 garage spots
• Built 2026

Property features AI

Finance

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

Exterior

• Parking: Attached 2-car garage
• Security: Smoke detectors
• Utilities: Well water; Septic tank; Cable not available
• Home design: Single-story home; New construction; Faces south
• Construction: Block, concrete and stucco construction; Shingle roof
• Exterior features: Patio; Shutters (manual); Screened lanai (16.00 x 10.00); Rectangular lot; North exposure

Interior

• Kitchen: Dishwasher; Microwave; Range; Eat-in kitchen
• Bedrooms: Bedroom (10.09 x 10.02); Bedroom (11.04 x 10.09); Master bedroom (14.06 x 15.02)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Entrance foyer; Eat-in kitchen; Separate shower; Shower only; Unfurnished
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $348k.

Deal economics

• At list price, monthly cash flow is $-789 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $234k (32.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (41.2% below list).
• Recommended offer: $205k (41.2% below list) — sets the bar for 1% rule.
• Cap rate 3.6% vs local median 4.7% in Lehigh Acres — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 59/100 on livability (#826 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, 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.
• Zoned schools: Veterans Park Academy For The Arts (math 41% / reading 45%, grade F, #1,366 of 2,144 statewide, top 64%, 2,133 students, 36% FRL); Oak Hammock Middle School (math 43% / reading 41%, grade D-, #340 of 571 statewide, top 61%, 1,563 students, 56% FRL); Lehigh Senior High School (math 23% / reading 45%, grade F, #394 of 667 statewide, top 60%, 2,476 students, 57% FRL).
• Market conditions: Rents soft (-1.5%/yr); 788 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 34% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $37k of equity ($2k loan paydown + $35k appreciation (10.0% local appreciation)).
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$60k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 132 days — a 12% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $33k; list at $348k implies a 956% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $204,942 (41.2% 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 132 days. Have you received any prior offers? Is the seller open to a 41% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.59% ✗
• Cap rate: 3.57%
• Cash-on-cash: -9.71%
• DSCR: 0.57
• GRM: 14.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 16.8%
• Equity multiple: 2.37×
• Total profit: $133,553
• Equity at exit: $313,956

10-year hold

• IRR: 15.5%
• Equity multiple: 5.33×
• Total profit: $422,133
• Equity at exit: $677,059

Cash invested: $97,580 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

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

Methodology + full state rankings →

ZIP-level market 33976

• Home prices YoY: 6.8%
• Rents YoY: -1.5%
• Active inventory: 788
• Price-to-rent: 14.2×

Monthly cashflow live

• Estimated rent: $2,049 high
• Mortgage (P&I): −$1,828
• Tax est. 1.5%: −$436 /mo · $5,228/yr
• Insurance: −$145
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $-789

Break-even live

Break-even rent $3,049

Max offer price $234,279

Occupancy floor —

Sensitivity live

Price	-10% $-549	-5% $-669	+0% $-789	+5% $-910	+10% $-1,030
Rent	-10% $-951	-5% $-870	+0% $-789	+5% $-708	+10% $-627
Rate	-1.0pp $-614	-0.5pp $-701	base $-789	+0.5pp $-880	+1.0pp $-972

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: $87,125
• Closing costs: $10,455
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2904 Wanda Ave S Lehigh Acres, FL	3.0	2.0	1501	$1,900	$1.27	25d	1	0.23mi
4021 28th St SW Lehigh Acres, FL	3.0	2.0	1529	$1,800	$1.18	25d	1	0.31mi
2504 Vera Ave S Lehigh Acres, FL	3.0	3.0	1643	$2,400	$1.46	25d	1	0.35mi
3604 29th St SW Lehigh Acres, FL	3.0	2.5	1776	$2,500	$1.41	25d	1	0.38mi
4001 22nd St SW Lehigh Acres, FL	3.0	2.0	1055	$1,950	$1.85	4d	1	0.40mi
3802 35th St SW Lehigh Acres, FL	3.0	2.0	1269	$1,640	$1.29	25d	1	0.41mi
4101 33rd St SW Lehigh Acres, FL	3.0	2.0	1698	$2,200	$1.30	16d	1	0.49mi
4020 36th St SW Lehigh Acres, FL	3.0	2.0	1354	$2,050	$1.51	25d	1	0.58mi
4203 23rd St SW Lehigh Acres, FL	4.0	2.0	1833	$1,850	$1.01	21d	1	0.61mi
3714 17th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,890	$1.03	25d	1	0.70mi
3600 19th St SW Lehigh Acres, FL	3.0	2.0	1114	$1,746	$1.57	5d	1	0.71mi
4221 18th St SW Lehigh Acres, FL	3.0	2.5	1600	$2,600	$1.62	15d	1	0.90mi
1511 Terry Ave S Lehigh Acres, FL	3.0	2.0	1579	$1,996	$1.26	25d	1	0.92mi
3313 36th St SW Lehigh Acres, FL	3.0	2.0	1723	$2,300	$1.33	25d	1	0.93mi
4412 25th St SW Lehigh Acres, FL	3.0	2.0	1205	$1,700	$1.41	23d	1	0.94mi
3702 14th St SW Lehigh Acres, FL	4.0	2.0	1472	$1,995	$1.36	25d	1	0.98mi
1578 Gretchen Ave S Lehigh Acres, FL	3.0	2.0	1728	$2,000	$1.16	25d	1	0.99mi
4421 25th St SW Lehigh Acres, FL	3.0	2.0	1253	$1,250	$1.00	12d	1	0.99mi
4401 22nd St SW Lehigh Acres, FL	3.0	2.0	1109	$1,345	$1.21	25d	1	1.00mi
3201 28th St Lehigh Acres, FL	4.0	2.0	1389	$2,000	$1.44	5d	1	1.04mi
3203 24th St SW Lehigh Acres, FL	3.0	2.0	1498	$2,300	$1.54	23d	1	1.04mi
3201 29th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,950	$1.06	5d	1	1.04mi
4005 12th St SW Lehigh Acres, FL	3.0	2.0	1122	$1,610	$1.43	21d	1	1.05mi
1101 Meadow Rd Lehigh Acres, FL	2.0	2.0	1024	$2,027	$1.98	25d	1	1.05mi
1103 Meadow Rd Lehigh Acres, FL	2.0	2.0	1024	$2,027	$1.98	25d	1	1.05mi
1544 Gretchen Ave S Lehigh Acres, FL	2.0	2.0	1221	$1,800	$1.47	25d	1	1.07mi
3201 23rd St SW Lehigh Acres, FL	3.0	2.0	1324	$1,845	$1.39	23d	1	1.07mi
4435 27th St SW Lehigh Acres, FL	3.0	2.0	1158	$1,250	$1.08	21d	1	1.11mi
4440 28th St SW Lehigh Acres, FL	3.0	2.0	1200	$1,495	$1.25	13d	1	1.12mi
3209 21st St SW Lehigh Acres, FL	3.0	2.0	1418	$1,699	$1.20	4d	1	1.14mi
4507 20th St SW Lehigh Acres, FL	2.0	2.0	1135	$1,400	$1.23	25d	1	1.15mi
4512 Leonard Blvd S Lehigh Acres, FL	2.0	2.0	1048	$1,300	$1.24	5d	1	1.18mi
4512 Leonard Blvd S Lehigh Acres, FL	2.0	2.0	1048	$1,350	$1.29	25d	1	1.18mi
4514 Leonard Blvd S Lehigh Acres, FL	2.0	2.0	1048	$1,350	$1.29	25d	1	1.18mi
4514 Leonard Blvd S Lehigh Acres, FL	2.0	2.0	1048	$1,300	$1.24	5d	1	1.18mi
3202 21st St SW Lehigh Acres, FL	3.0	2.0	1100	$1,920	$1.75	4d	1	1.20mi
4453 29th St SW Lehigh Acres, FL	3.0	2.0	1198	$1,660	$1.39	25d	1	1.20mi
4455 29th St SW Lehigh Acres, FL	3.0	2.0	1198	$1,660	$1.39	25d	1	1.20mi
3402 13th St SW Lehigh Acres, FL	3.0	2.0	1117	$1,940	$1.74	5d	1	1.20mi
1502 Gretchen Ave S Lehigh Acres, FL	3.0	2.0	1270	$2,000	$1.57	5d	1	1.20mi

Listing history 27 events

1. 2026-06-22
   days on market $348,500 Active 132 DOM
2. 2026-06-17
   days on market $348,500 Active 128 DOM
3. 2026-06-16
   days on market $348,500 Active 127 DOM
4. 2026-06-15
   days on market $348,500 Active 126 DOM
5. 2026-06-13
   days on market $348,500 Active 124 DOM
6. 2026-06-10
   days on market $348,500 Active 121 DOM
7. 2026-06-09
   days on market $348,500 Active 120 DOM
8. 2026-06-07
   days on market $348,500 Active 118 DOM
9. 2026-06-02
   days on market $348,500 Active 113 DOM
10. 2026-06-01
    days on market $348,500 Active 112 DOM
11. 2026-06-01
    days on market $348,500 Active 111 DOM
12. 2026-04-14
    price $348,500

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

13. 2026-04-14
    price $348,500 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

14. 2026-02-09
    listed $349,000 Active
15. 2026-02-08
    price $349,000 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

16. 2026-02-03
    price $370,397 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

17. 2025-12-03
    price $349,000 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

18. 2025-09-11
    price $371,022 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

19. 2025-07-29
    price $358,956 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

20. 2025-05-16
    price $359,000 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

21. 2025-01-16
    price $363,126 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

22. 2024-10-26
    listed $378,126 Active 1363-char remark

    Show marketing remark (1363 chars)

    Introducing the Clearwater, a floorplan from our Cornerstone collection. This inviting home is designed with a split plan and an open concept, ensuring a seamless flow throughout the living spaces. Despite its smaller square footage at 1,446 square feet, the Clearwater maximizes every inch, creating a space that feels much larger than it actually is. Every square foot is thoughtfully designed and utilized to its fullest potential. One of the standout features of the Clearwater is the strategically placed bathroom, nestled between bedroom two and bedroom three. This thoughtful design not only provides convenience but also acts as a noise buffer, ensuring privacy and tranquility between rooms. It's the perfect layout for families or those who value peace and quiet. The split floorplan ensures privacy and separation between the master suite and the additional bedrooms, providing an ideal setup for families or guests. The owner's suite bathroom boasts a large tile shower, offering a luxurious retreat within the comfort of your own home. Immerse yourself in tranquility and indulge in a spa-like experience every day. The Clearwater's large entertaining area is a testament to its versatility. Whether you're hosting family gatherings, celebrations, or simply enjoying quality time with loved ones, this spacious area accommodates your needs with ease.

23. 2024-06-27
    soldstatus $33,000
24. 2024-06-26
    soldstatus $33,000 Closed 328-char remark

    Show marketing remark (328 chars)

    LOCATION!!! LOCATION!!! LOCATION!!! Conveniently located with quick access to major intersections in a fast growing area. Close to grocery stores, gas stations, banks, schools, pharmacies, medical facilities. .. etc You can enjoy the summer lifestyle all year round: fishing nearby, bicycling, and a lot more outdoor activities.

25. 2024-06-24
    status Pending 328-char remark

    Show marketing remark (328 chars)

    LOCATION!!! LOCATION!!! LOCATION!!! Conveniently located with quick access to major intersections in a fast growing area. Close to grocery stores, gas stations, banks, schools, pharmacies, medical facilities. .. etc You can enjoy the summer lifestyle all year round: fishing nearby, bicycling, and a lot more outdoor activities.

26. 2024-02-23
    listed $35,000 Active 328-char remark

    Show marketing remark (328 chars)

    LOCATION!!! LOCATION!!! LOCATION!!! Conveniently located with quick access to major intersections in a fast growing area. Close to grocery stores, gas stations, banks, schools, pharmacies, medical facilities. .. etc You can enjoy the summer lifestyle all year round: fishing nearby, bicycling, and a lot more outdoor activities.

27. 2006-04-14
    soldstatus $50,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,593
• − Mortgage interest: −$19,521
• − Property taxes: −$5,228
• − Insurance: −$1,742
• − Repairs & maintenance: −$1,967
• − Management: −$1,967
• − Depreciation: −$10,138
• Taxable loss: −$15,971
• Est. tax savings @ 24.0%: +$3,833
• After-tax cash flow: $-5,639/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lee
• NCES district ID: 1201080
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $49,518
• Composite: 41.49/100
• National rank: #3458
• State rank: #42 of 73 in FL

Livability — Lehigh Acres

• Score: 59/100
• State rank: #826
• US rank: #20055

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lehigh Acres, FL
• County: Lee County · 788,662 people
• City population: 130,638
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 20,277
• Household income: $72,679
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 574.0

Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Lee

• 2024 margin: Strong R (+28.4) · D 35.5% · R 63.9%
• 2008→2024 swing: -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 21.77%
• Current HPI: 340.4255
• Rent YoY: ▼ -1.54%
• Metro: Cape Coral-Fort Myers, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+597.0% since first listed

16 events — show timeline

• 2026-04-14 Price Changed $348,500 FORTMLS
• 2026-04-14 Price Changed $348,500 Zillow
• 2026-02-09 Listed $349,000 FORTMLS
• 2026-02-08 Price Changed $349,000 Zillow
• 2026-02-03 Price Changed $370,397 Zillow
• 2025-12-03 Price Changed $349,000 Zillow
• 2025-09-11 Price Changed $371,022 Zillow
• 2025-07-29 Price Changed $358,956 Zillow
• 2025-05-16 Price Changed $359,000 Zillow
• 2025-01-16 Price Changed $363,126 Zillow
• 2024-10-26 Listed $378,126 Zillow
• 2024-06-27 Sold (Public Records) $33,000 Public Records
• 2024-06-26 Sold (MLS) $33,000 FORTMLS
• 2024-06-24 Pending — FORTMLS
• 2024-02-23 Listed $35,000 FORTMLS
• 2006-04-14 Sold (Public Records) $50,000 Public Records

Property tax history

+19.5%/yr

Latest (2025): $520 · +30.7% YoY. Source: county tax records.