1422 Tangerine St · Immokalee, FL 34142

$329,000

3 bd · 2.0 ba · 1,044 sqft · SingleFamily public records · 100 Days on market

Built 1982 0.31 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).

• Cash flow +12.7/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Appreciation +4.5/10.0
• Livability +4.0/5.0
• DSCR +3.8/10.0
• Rent growth +3.2/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to your dream home! This fully remodeled property offers the perfect blend of modern upgrades and timeless charm. With seller financing available, owning this stunning home has never been easier. Imagine stepping into a space that exudes both style and functionality. Don't miss out on this incredible opportunity to own a beautifully remodeled home with flexible payment options.

Key facts

• 0.31 acre lot
• Parking
• Built 1982

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: Non-gated community; Association fee reported as 0

Exterior

• Parking: Two parking spaces; Attached carport (1 covered space); Has carport
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-story; Vinyl siding; Wood frame construction; Shingle roof
• Construction: Vinyl siding; Wood frame; Shingle roof
• Exterior features: Fence; Patio; Open porch; Room for pool; Corner lot; Oversized lot; Dead-end street; East exposure; Public maintained paved road; Municipal irrigation; Has view; Faces west; Entry level 1; Resale condition

Interior

• Kitchen: Dishwasher; Electric cooktop; Microwave; Refrigerator
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Living/dining room; Separate shower; Shower only; Split bedrooms; Double-hung windows; Unfurnished

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $329k.

Deal economics

• At list price, monthly cash flow is $-190 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $295k (10.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (23.3% below list).
• Recommended offer: $252k (23.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#132 in FL, #1,967 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, amenities F, employment 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: Eden Park Elementary School (math 41% / reading 36%, grade F, #1,575 of 2,144 statewide, top 74%, 594 students, 82% FRL); Immokalee Middle School (math 45% / reading 30%, grade F, #395 of 571 statewide, top 70%, 1,443 students, 82% FRL); Immokalee High School (math 32% / reading 32%, grade F, #415 of 667 statewide, top 63%, 2,056 students, 80% FRL) — zoned schools average 82% FRL vs 55% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 36% at this address vs 58% district-wide (-22 pts) — the specific schools serving this property underperform the Collier average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.0%/yr); 453 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
• At $2,522/mo this rent would consume 49% of the median local household income ($62k/yr) (locally 1093% 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 (-1.1%/yr); year-one equity from $2k of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($299k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $152/mo.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $252,226 (23.3% 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 100 days. Have you received any prior offers? Is the seller open to a 23% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 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: 0.77% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.50%
• DSCR: 0.98
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.05% appreciation · 2.95% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.59×
• Total profit: $-37,756
• Equity at exit: $78,656

10-year hold

• IRR: -2.7%
• Equity multiple: 0.75×
• Total profit: $-23,019
• Equity at exit: $81,948

Cash invested: $92,120 (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 34142

• Home prices YoY: -0.5%
• Rents YoY: 3.0%
• Active inventory: 453
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,522 medium
• Mortgage (P&I): −$1,725
• Tax from tax record: −$169 /mo · $2,022/yr
• Insurance: −$137
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$530
• Net cashflow: $-190

Break-even live

Break-even rent $2,763

Max offer price $295,371

Occupancy floor —

Sensitivity live

Price	-10% $-4	-5% $-97	+0% $-190	+5% $-283	+10% $-377
Rent	-10% $-390	-5% $-290	+0% $-190	+5% $-91	+10% $9
Rate	-1.0pp $-25	-0.5pp $-107	base $-190	+0.5pp $-276	+1.0pp $-362

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: $82,250
• Closing costs: $9,870
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
715 Crestview Dr Immokalee, FL	2.0–3.0	2.0	982	$1,585	$1.61	15d	10	0.86mi

Listing history 27 events

1. 2026-06-21
   days on market $329,000 Active 100 DOM
2. 2026-06-18
   days on market $329,000 Active 97 DOM
3. 2026-06-17
   days on market $329,000 Active 96 DOM
4. 2026-06-16
   days on market $329,000 Active 95 DOM
5. 2026-06-15
   price $329,000 Active 94 DOM
6. 2026-06-15
   days on market $335,000 Active 94 DOM
7. 2026-06-14
   days on market $335,000 Active 92 DOM
8. 2026-06-10
   days on market $335,000 Active 89 DOM
9. 2026-06-09
   days on market $335,000 Active 88 DOM
10. 2026-06-08
    days on market $335,000 Active 87 DOM
11. 2026-06-07
    days on market $335,000 Active 86 DOM
12. 2026-06-03
    days on market $335,000 Active 82 DOM
13. 2026-06-02
    days on market $335,000 Active 81 DOM
14. 2026-06-01
    days on market $335,000 Active 80 DOM
15. 2026-05-31
    days on market $335,000 Active 79 DOM
16. 2026-05-30
    days on market $335,000 Active 78 DOM
17. 2026-03-13
    listed $335,000 Active
18. 2024-04-04
    soldstatus $325,000
19. 2024-03-13
    soldstatus $325,000 Closed 388-char remark

    Show marketing remark (388 chars)

    Welcome to your dream home! This fully remodeled property offers the perfect blend of modern upgrades and timeless charm. With seller financing available, owning this stunning home has never been easier. Imagine stepping into a space that exudes both style and functionality. Don't miss out on this incredible opportunity to own a beautifully remodeled home with flexible payment options.

20. 2024-03-07
    status Pending 388-char remark

    Show marketing remark (388 chars)

    Welcome to your dream home! This fully remodeled property offers the perfect blend of modern upgrades and timeless charm. With seller financing available, owning this stunning home has never been easier. Imagine stepping into a space that exudes both style and functionality. Don't miss out on this incredible opportunity to own a beautifully remodeled home with flexible payment options.

21. 2024-01-31
    price $344,400 388-char remark

    Show marketing remark (388 chars)

    Welcome to your dream home! This fully remodeled property offers the perfect blend of modern upgrades and timeless charm. With seller financing available, owning this stunning home has never been easier. Imagine stepping into a space that exudes both style and functionality. Don't miss out on this incredible opportunity to own a beautifully remodeled home with flexible payment options.

22. 2023-12-03
    listed $352,900 Active 388-char remark

    Show marketing remark (388 chars)

    Welcome to your dream home! This fully remodeled property offers the perfect blend of modern upgrades and timeless charm. With seller financing available, owning this stunning home has never been easier. Imagine stepping into a space that exudes both style and functionality. Don't miss out on this incredible opportunity to own a beautifully remodeled home with flexible payment options.

23. 2023-10-24
    soldstatus $120,000
24. 2023-09-11
    soldstatus $120,000 Closed 1166-char remark

    Show marketing remark (1166 chars)

    THIS HOME IS OCCUPIED!! DO NOT JUST SHOW UP WITHOUT AN APPOINTMENT PLEASE! Dive into a renovator's dream with this classic home nestled in the heart of Immokalee, Naples! 1422 Tangerine Street presents a unique opportunity for investors, first-time home buyers, or creative minds looking to bring their vision to life. The potential is beyond measure, beneath its current appearance lies a foundation of charm, waiting for the right touch to restore its beauty. Original architectural elements can be found throughout the property, adding a distinct character that's increasingly rare. The property features an expansive oversized yard, which could be the perfect canvas for landscaping dreams, an outdoor living space, or even a home extension/pool addition! While in need of updates and enhancements, the property's main structure remains intact, ensuring that you're starting your project on a firm foundation. The location is even more impressive as it is situated in the up-and-coming Immokalee area of Naples, this home boasts proximity to local shops, eateries, and cultural highlights. Its location offers both tranquility and the convenience of city living.

25. 2023-08-29
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    THIS HOME IS OCCUPIED!! DO NOT JUST SHOW UP WITHOUT AN APPOINTMENT PLEASE! Dive into a renovator's dream with this classic home nestled in the heart of Immokalee, Naples! 1422 Tangerine Street presents a unique opportunity for investors, first-time home buyers, or creative minds looking to bring their vision to life. The potential is beyond measure, beneath its current appearance lies a foundation of charm, waiting for the right touch to restore its beauty. Original architectural elements can be found throughout the property, adding a distinct character that's increasingly rare. The property features an expansive oversized yard, which could be the perfect canvas for landscaping dreams, an outdoor living space, or even a home extension/pool addition! While in need of updates and enhancements, the property's main structure remains intact, ensuring that you're starting your project on a firm foundation. The location is even more impressive as it is situated in the up-and-coming Immokalee area of Naples, this home boasts proximity to local shops, eateries, and cultural highlights. Its location offers both tranquility and the convenience of city living.

26. 2023-08-27
    price $180,000 1166-char remark

    Show marketing remark (1166 chars)

    THIS HOME IS OCCUPIED!! DO NOT JUST SHOW UP WITHOUT AN APPOINTMENT PLEASE! Dive into a renovator's dream with this classic home nestled in the heart of Immokalee, Naples! 1422 Tangerine Street presents a unique opportunity for investors, first-time home buyers, or creative minds looking to bring their vision to life. The potential is beyond measure, beneath its current appearance lies a foundation of charm, waiting for the right touch to restore its beauty. Original architectural elements can be found throughout the property, adding a distinct character that's increasingly rare. The property features an expansive oversized yard, which could be the perfect canvas for landscaping dreams, an outdoor living space, or even a home extension/pool addition! While in need of updates and enhancements, the property's main structure remains intact, ensuring that you're starting your project on a firm foundation. The location is even more impressive as it is situated in the up-and-coming Immokalee area of Naples, this home boasts proximity to local shops, eateries, and cultural highlights. Its location offers both tranquility and the convenience of city living.

27. 2023-08-21
    listed $199,900 Active 1166-char remark

    Show marketing remark (1166 chars)

    THIS HOME IS OCCUPIED!! DO NOT JUST SHOW UP WITHOUT AN APPOINTMENT PLEASE! Dive into a renovator's dream with this classic home nestled in the heart of Immokalee, Naples! 1422 Tangerine Street presents a unique opportunity for investors, first-time home buyers, or creative minds looking to bring their vision to life. The potential is beyond measure, beneath its current appearance lies a foundation of charm, waiting for the right touch to restore its beauty. Original architectural elements can be found throughout the property, adding a distinct character that's increasingly rare. The property features an expansive oversized yard, which could be the perfect canvas for landscaping dreams, an outdoor living space, or even a home extension/pool addition! While in need of updates and enhancements, the property's main structure remains intact, ensuring that you're starting your project on a firm foundation. The location is even more impressive as it is situated in the up-and-coming Immokalee area of Naples, this home boasts proximity to local shops, eateries, and cultural highlights. Its location offers both tranquility and the convenience of city living.

ⓘ 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: $2,022 · $169/mo
• Projected year-2 tax: $2,731 · $228/mo
• Expected delta: +$709/yr (+$59/mo · 35.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AH · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,267
• − Mortgage interest: −$18,429
• − Property taxes: −$2,022
• − Insurance: −$3,470
• − Repairs & maintenance: −$2,421
• − Management: −$2,421
• − Depreciation: −$9,571
• Taxable loss: −$8,067
• Est. tax savings @ 24.0%: +$1,936
• After-tax cash flow: $-348/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 — Immokalee

• Score: 80/100
• State rank: #132
• US rank: #1967

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Immokalee, FL
• County: Collier County · 396,295 people
• City population: 35,149
• Metro: Naples-Marco Island, FL
• Population (ZIP): 35,149
• Household income: $62,333
• Rent vs Own: 48.7% rent · 51.3% own
• Severe rent burden: 1093.0

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: Majority Hispanic (63%)
• Race & ethnicity: Hispanic / Latino 63% Two or more races 39% Black 19% White 16% Native American 7%
• Hispanic origin (detail): Mexican 43% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Hispanic 8% Slovak 1% Serbian 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 34% English-only · Spanish 53% French/Haitian/Cajun 12%

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: ▼ -1.05%
• Current HPI: 226.9105
• Rent YoY: ▲ 2.95%
• 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

+67.6% since first listed

11 events — show timeline

• 2026-03-13 Listed $335,000 FORTMLS
• 2024-04-04 Sold (Public Records) $325,000 Public Records
• 2024-03-13 Sold (MLS) $325,000 FORTMLS
• 2024-03-07 Pending — FORTMLS
• 2024-01-31 Price Changed $344,400 FORTMLS
• 2023-12-03 Listed $352,900 FORTMLS
• 2023-10-24 Sold (Public Records) $120,000 Public Records
• 2023-09-11 Sold (MLS) $120,000 FORTMLS
• 2023-08-29 Pending — FORTMLS
• 2023-08-27 Price Changed $180,000 FORTMLS
• 2023-08-21 Listed $199,900 FORTMLS

Property tax history

+19.7%/yr

Latest (2025): $2,022 · +8.5% YoY. Source: county tax records.