1144 Ecstasy St E · Lehigh Acres, FL
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.65%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +5.6/30.0
- Schools +4.1/10.0
- Livability +3.0/5.0
- Condition / age +2.5/5.0
- Rent growth +1.3/5.0
- 1% rule +1.1/10.0
- DSCR +0.0/10.0
$334,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!
Key facts
- Quartz countertops
- New construction
- Gourmet kitchen
Tags
Property features AI
Finance
- Other: Property type: Residential; Lot is regular with wooded area view; Lot dimensions approx. 80 x 125 (total area 0.2296 acres); Zoning: RS-1; Irrigation: Well; New construction
- HOA & community: No HOA maintenance; Community amenities listed as guest room and internet access; Community type: See remarks
Exterior
- Parking: Attached 2-car garage
- Security: Impact resistant windows and doors
- Utilities: Well water; Septic sewer; Cable available
- Home design: Single family residence; 1 story (ranch); East rear exposure
- Construction: Concrete block construction; Stucco exterior finish; Tile roof; Built in 2026
- Exterior features: Patio; Impact resistant windows and doors
Interior
- Kitchen: Dishwasher; Microwave; Range; Refrigerator
- Bedrooms: 3 bedrooms
- Flooring: Tile
- Bathrooms: 2 full bathrooms; Master bathroom with shower only
- Heating & cooling: Central electric heating; Central electric cooling
- Interior features: Pantry; Smoke detectors; Dining area (living); Guest bath; Guest room; Laundry in residence; Split bedroom floor plan; Unfurnished
- Laundry & utility: Washer/dryer hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath land listed at $335k.
Deal economics
- At list price, monthly cash flow is $-701 ($-8k/yr) — negative.
- To cash-flow at today's rent, offer at most $234k (30.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (39.0% below list).
- Recommended offer: $204k (39.0% below list) — sets the bar for 1% rule.
- Cap rate 3.8% 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 falling (-4.7%/yr); 2476 active listings in the ZIP; 28 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 ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $36k of equity ($2k loan paydown + $33k 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 ~$58k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 58 days — a 3% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
- 2 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 $21k; list at $335k implies a 1495% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 39% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.61% ✗
- Cap rate
- 3.78%
- Cash-on-cash
- -8.97%
- DSCR
- 0.60
- GRM
- 13.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
10.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 17.3%
- Equity multiple
- 2.41×
- Total profit
- $131,819
- Equity at exit
- $301,704
- IRR
- 15.8%
- Equity multiple
- 5.40×
- Total profit
- $412,617
- Equity at exit
- $650,637
Cash invested: $93,772 (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
ZIP-level market 33974
- Home prices YoY
- 5.8%
- Rents YoY
- -4.7%
- Active inventory
- 2476
- Price-to-rent
- 13.7×
Monthly cashflow live
- Estimated rent
- $2,043 high interval (Pro) →
- Mortgage (P&I)
- −$1,756
- Tax est. 1.5%
- −$419 /mo · $5,024/yr
- Insurance
- −$140
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$429
- Net cashflow
- $-701
Break-even live
Sensitivity live
| Price | -10% $-469 | -5% $-585 | +0% $-701 | +5% $-816 | +10% $-932 |
|---|---|---|---|---|---|
| Rent | -10% $-862 | -5% $-781 | +0% $-701 | +5% $-620 | +10% $-539 |
| Rate | -1.0pp $-532 | -0.5pp $-615 | base $-701 | +0.5pp $-787 | +1.0pp $-876 |
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
- $83,725
- Closing costs
- $10,047
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 28 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1051 Marine Ave S Lehigh Acres, FL | 3.0 | 2.0 | 1057 | $1,800 | $1.70 | 25d | 1 | 0.28mi |
| 1107 Enrique St E Lehigh Acres, FL | 3.0 | 2.0 | 1363 | $1,800 | $1.32 | 25d | 1 | 0.31mi |
| 934 Marilyn Ave S Lehigh Acres, FL | 4.0 | 2.0 | 1577 | $2,000 | $1.27 | 3d | 1 | 0.42mi |
| 934 Marilyn Ave S Lehigh Acres, FL | 4.0 | 2.0 | 1577 | $2,000 | $1.27 | 13d | 1 | 0.42mi |
| 1150 Darling St E Lehigh Acres, FL | 3.0 | 2.0 | 1292 | $1,800 | $1.39 | 25d | 1 | 0.47mi |
| 1142 Dutchess St E Lehigh Acres, FL | 4.0 | 2.5 | 1632 | $2,400 | $1.47 | 25d | 1 | 0.53mi |
| 1129 Deauville St E Lehigh Acres, FL | 3.0 | 2.0 | 1698 | $2,100 | $1.24 | 25d | 1 | 0.59mi |
| 1125 Deauville St E Lehigh Acres, FL | 3.0 | 2.0 | 1292 | $1,900 | $1.47 | 4d | 1 | 0.60mi |
| 1121 Deauville St E Lehigh Acres, FL | 3.0 | 2.0 | 1698 | $2,100 | $1.24 | 25d | 1 | 0.61mi |
| 1028 Eubanks St Lehigh Acres, FL | 3.0 | 3.0 | 1200 | $1,950 | $1.62 | 17d | 1 | 0.64mi |
| 847 Genoa Ave Lehigh Acres, FL | 3.0 | 2.0 | 1600 | $2,000 | $1.25 | 5d | 1 | 0.73mi |
| 1089 Eisenhower Blvd Lehigh Acres, FL | 4.0 | 2.0 | 1639 | $2,000 | $1.22 | 5d | 1 | 0.81mi |
| 828 Genoa Ave S Lehigh Acres, FL | 4.0 | 2.5 | 1632 | $2,400 | $1.47 | 25d | 1 | 0.87mi |
| 936 Eisenhower Blvd Lehigh Acres, FL | 3.0 | 2.0 | 1300 | $1,395 | $1.07 | 5d | 1 | 0.96mi |
| 915 Graystone Ave Lehigh Acres, FL | 3.0 | 2.0 | 1115 | $1,525 | $1.37 | 16d | 1 | 1.03mi |
| 1135 Harvest Ave Unit A Lehigh Acres, FL | 2.0 | 2.0 | 1150 | $1,450 | $1.26 | 16d | 1 | 1.07mi |
| 1248 Columbus Blvd Unit B Fort Myers, FL | 3.0 | 2.0 | 1100 | $1,850 | $1.68 | 25d | 1 | 1.09mi |
| 941 Elgin St Lehigh Acres, FL | 3.0 | 2.0 | 1582 | $2,664 | $1.68 | 25d | 1 | 1.10mi |
| 765 Aprile Ave S Lehigh Acres, FL | 4.0 | 2.0 | 1712 | $2,100 | $1.23 | 3d | 1 | 1.14mi |
| 763 Puccini Ave S Lehigh Acres, FL | 3.0 | 2.0 | 1055 | $1,699 | $1.61 | 4d | 1 | 1.15mi |
| 1253 Columbus Blvd Fort Myers, FL | 3.0 | 2.0 | 1288 | $1,650 | $1.28 | 25d | 1 | 1.15mi |
| 1262 Best Ave Fort Myers, FL | 3.0 | 2.0 | 1288 | $1,600 | $1.24 | 16d | 1 | 1.23mi |
| 827 Eisenhower Blvd Lehigh Acres, FL | 3.0 | 2.5 | 1640 | $1,780 | $1.09 | 13d | 1 | 1.24mi |
| 819 Eisenhower Blvd Unit 819 Lehigh Acres, FL | 3.0 | 2.0 | 1390 | $1,650 | $1.19 | 25d | 1 | 1.27mi |
| 1018 Garnet Ave Lehigh Acres, FL | 3.0 | 2.0 | 1381 | $1,575 | $1.14 | 25d | 1 | 1.30mi |
| 1270 Bermar St Fort Myers, FL | 3.0 | 2.0 | 1408 | $1,660 | $1.18 | 5d | 1 | 1.42mi |
| 761 Kirkman Ave S Lehigh Acres, FL | 3.0 | 2.0 | 1188 | $1,900 | $1.60 | 25d | 1 | 1.42mi |
| 936 Joponica Ave S Lehigh Acres, FL | 4.0 | 2.0 | 2101 | $2,500 | $1.19 | 25d | 1 | 1.46mi |
Listing history 19 events
-
2026-06-22days on market $334,900 Active 58 DOM
-
2026-06-17days on market $334,900 Active 54 DOM
-
2026-06-16days on market $334,900 Active 53 DOM
-
2026-06-15days on market $334,900 Active 52 DOM
-
2026-06-13days on market $334,900 Active 50 DOM
-
2026-06-10days on market $334,900 Active 47 DOM
-
2026-06-09days on market $334,900 Active 46 DOM
-
2026-06-08pricedays on market $334,900 Active 45 DOM
-
2026-06-07days on market $344,900 Active 44 DOM
-
2026-06-03days on market $344,900 Active 40 DOM
-
2026-06-02days on market $344,900 Active 39 DOM
-
2026-06-01days on market $344,900 Active 38 DOM
-
2026-05-31days on market $344,900 Active 37 DOM
-
2026-04-24$344,900 Active
-
2024-12-19soldstatus $21,000
-
2024-12-03soldstatus $21,000 Closed 235-char remark
Show marketing remark (235 chars)
Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!
-
2024-11-12status Pending 235-char remark
Show marketing remark (235 chars)
Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!
-
2024-10-01$22,900 Active 235-char remark
Show marketing remark (235 chars)
Excellent opportunity in an area with new construction homes being built. Close to golf courses, shopping and restaurants as well as just a short drive to Fort Myers and Punta Gorda airports, two spring training facilities and beaches!
-
2024-09-25soldstatus $11,000
ⓘ 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 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 27 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 · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,514
- − Mortgage interest
- −$18,760
- − Property taxes
- −$5,024
- − Insurance
- −$1,674
- − Repairs & maintenance
- −$1,961
- − Management
- −$1,961
- − Depreciation
- −$9,743
- Taxable loss
- −$14,608
- Est. tax savings @ 24.0%
- +$3,506
- After-tax cash flow
- $-4,901/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
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)
- 19,927
- Household income
- $72,192
- Rent vs Own
- Severe rent burden
- 434.0
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 0.64)
- Race & ethnicity
- Hispanic / Latino 52% Two or more races 31% White 26% Black 18%
- Hispanic origin (detail)
- Mexican 12% Puerto Rican 7% Cuban 20% Dominican 4%
- Common ancestry
- Hispanic 7% Italian 1% Portuguese 1%
- Foreign-born
- 32% · Canada, Jamaica
- Languages at home
- 48% English-only · Spanish 43% French/Haitian/Cajun 7% Other Indo-European 1%
Political lean MEDSL · Lee
- 2024 margin
- Strong R (+28.4) · D 35.5% · R 63.9%
- 2008→2024 swing
- -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
- All cycles
- 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 16.53%
- Current HPI
- 303.3399
- Rent YoY
- ▼ -4.68%
- 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 |
|
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| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
|
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
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Price history
+3035.5% since first listed6 events — show timeline
- 2026-04-24 Listed $344,900 NAPLESMLS
- 2024-12-19 Sold (Public Records) $21,000 Public Records
- 2024-12-03 Sold (MLS) $21,000 FORTMLS
- 2024-11-12 Pending — FORTMLS
- 2024-10-01 Listed $22,900 FORTMLS
- 2024-09-25 Sold (Public Records) $11,000 Public Records
Property tax history
+17.9%/yrLatest (2025): $442 · +29.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…