2604 Sailors Way #120 · Pelican Marsh, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.12%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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
- 2 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).
- Cash flow +8.6/30.0
- ARV discount +7.5/15.0
- Appreciation +5.1/10.0
- Schools +5.0/10.0
- 1% rule +2.7/10.0
- Rent growth +2.7/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.4/10.0
$529,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
Key facts
- Gated community
- Southern exposure
- Lakeside living
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $529k.
Deal economics
- At list price, monthly cash flow is $-453 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $449k (15.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $408k (22.8% below list).
- Recommended offer: $408k (22.8% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
- 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: Pelican Marsh Elementary School (math 87% / reading 83%, grade A+, #35 of 2,144 statewide, top 2%, 709 students, 29% FRL); Barron Collier High School (math 62% / reading 68%, grade B, #76 of 667 statewide, top 11%, 1,650 students, 26% FRL) — zoned schools average 28% FRL vs 55% district-wide (27 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 75% at this address vs 58% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents flat; 425 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
- At $4,082/mo this rent would consume 53% of the median local household income ($92k/yr) (locally 1712% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $5k of equity ($4k loan paydown + $2k appreciation (0.3% local appreciation)).
- Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 6, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 141 days — a 12% lower offer ($466k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 12y ago; this cycle's ask has dropped $40k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $405k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: 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.
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 141 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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 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
- 0.77% ✗
- Cap rate
- 5.27%
- Cash-on-cash
- -3.67%
- DSCR
- 0.84
- GRM
- 10.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
0.29% appreciation · 0.92% rent growth · sell at horizon
- IRR
- -6.5%
- Equity multiple
- 0.69×
- Total profit
- $-45,232
- Equity at exit
- $161,452
- IRR
- -2.0%
- Equity multiple
- 0.79×
- Total profit
- $-31,320
- Equity at exit
- $200,450
Cash invested: $148,120 (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
ZIP-level market 34109
- Home prices YoY
- 0.1%
- Rents YoY
- 0.9%
- Active inventory
- 425
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $4,082 high interval (Pro) →
- Mortgage (P&I)
- −$2,774
- Tax from tax record
- −$323 /mo · $3,878/yr
- Insurance
- −$220
- HOA
- −$360
- Vacancy / Maint / Mgmt
- −$857
- Net cashflow
- $-453
Break-even live
Sensitivity live
| Price | -10% $-153 | -5% $-303 | +0% $-453 | +5% $-603 | +10% $-752 |
|---|---|---|---|---|---|
| Rent | -10% $-775 | -5% $-614 | +0% $-453 | +5% $-292 | +10% $-130 |
| Rate | -1.0pp $-186 | -0.5pp $-318 | base $-453 | +0.5pp $-590 | +1.0pp $-729 |
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
- $132,250
- Closing costs
- $15,870
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2608 Sailors Way #122 Naples, FL | 2.0 | 2.0 | 1387 | $5,500 | $3.97 | 24d | 1 | 0.03mi |
| 7416 Plumbago Bridge Rd #103 Naples, FL | 2.0 | 2.0 | 1223 | $2,400 | $1.96 | 15d | 1 | 0.09mi |
| 2460 Old Groves Rd Unit E102 Naples, FL | 2.0 | 2.0 | 1226 | $2,400 | $1.96 | 15d | 1 | 0.14mi |
| 7710 Ahoy Ave Naples, FL | 3.0 | 2.0 | 1580 | $2,950 | $1.87 | 24d | 1 | 0.14mi |
| 2835 Mizzen Way Naples, FL | 3.0 | 2.0 | 1641 | $2,900 | $1.77 | 24d | 1 | 0.20mi |
| 2730 Sailors Way Naples, FL | 3.0 | 3.0 | 1700 | $9,000 | $5.29 | 24d | 1 | 0.22mi |
| 2541 Citrus Lake Dr Unit A-205 Naples, FL | 3.0 | 2.0 | 1590 | $5,250 | $3.30 | 15d | 1 | 0.24mi |
| 2671 Citrus Lake Dr Unit E-303 Naples, FL | 2.0 | 2.0 | 1380 | $3,500 | $2.54 | 15d | 1 | 0.25mi |
| 2671 Citrus Lake Dr Unit E-201 Naples, FL | 3.0 | 2.0 | 1380 | $5,250 | $3.80 | 15d | 1 | 0.25mi |
| 2611 Citrus Lake Dr Unit C-203 Naples, FL | 3.0 | 2.0 | 1710 | $5,500 | $3.22 | 15d | 1 | 0.26mi |
| 2651 Citrus Lake Dr Unit D302 Naples, FL | 2.0 | 2.0 | 1250 | $5,000 | $4.00 | 15d | 1 | 0.26mi |
| 2516 Orchid Bay Dr #203 Naples, FL | 2.0 | 2.0 | 1360 | $4,750 | $3.49 | 24d | 1 | 0.26mi |
| 2711 Citrus Lake Dr Unit F302 Naples, FL | 2.0 | 2.0 | 1272 | $4,500 | $3.54 | 15d | 1 | 0.27mi |
| 2711 Citrus Lake Dr Unit F305 Naples, FL | 3.0 | 2.0 | 1480 | $5,500 | $3.72 | 15d | 1 | 0.27mi |
| 2731 Citrus Lake Dr #202 Naples, FL | 2.0 | 2.0 | 1260 | $2,500 | $1.98 | 15d | 1 | 0.29mi |
| 2864 Mizzen Way Unit Y106 Naples, FL | 2.0 | 2.0 | 1350 | $5,200 | $3.85 | 15d | 1 | 0.30mi |
| 7518 Silver Trumpet Ln Unit Q102 Naples, FL | 2.0 | 2.0 | 1300 | $2,600 | $2.00 | 15d | 1 | 0.30mi |
| 2885 Citrus Lake Dr Unit N103 Naples, FL | 2.0 | 2.0 | 1249 | $5,250 | $4.20 | 15d | 1 | 0.36mi |
| 2585 Old Groves Rd Unit L203 Naples, FL | 2.0 | 2.0 | 1448 | $5,500 | $3.80 | 15d | 1 | 0.39mi |
| 7791 Esmeralda Way #203 Naples, FL | 2.0 | 2.0 | 1022 | $1,950 | $1.91 | 15d | 1 | 0.39mi |
| 2860 Citrus Lake Dr Unit R-202 Naples, FL | 3.0 | 2.0 | 1590 | $5,000 | $3.14 | 15d | 1 | 0.41mi |
| 2860 Citrus Lake Dr Unit R202 Naples, FL | 3.0 | 2.0 | 1590 | $5,000 | $3.14 | 24d | 1 | 0.41mi |
| 7546 Mill Pond Cir Naples, FL | 3.0 | 2.0 | 1373 | $6,500 | $4.73 | 24d | 1 | 0.41mi |
| 7794 Emerald Cir Unit A-102 Naples, FL | 2.0 | 2.0 | 1022 | $4,000 | $3.91 | 15d | 1 | 0.42mi |
| 7800 Emerald Cir #104 Naples, FL | 2.0 | 2.0 | 1022 | $2,200 | $2.15 | 22d | 1 | 0.43mi |
| 7800 Emerald Cir Unit B104 Naples, FL | 2.0 | 2.0 | 1022 | $2,200 | $2.15 | 15d | 1 | 0.43mi |
| 2880 Citrus Lake Dr Unit Q201 Naples, FL | 3.0 | 2.0 | 1590 | $2,495 | $1.57 | 15d | 1 | 0.44mi |
| 2654 Bolero Dr Unit 8-1 Naples, FL | 3.0 | 2.0 | 1768 | $20,000 | $11.31 | 24d | 1 | 0.46mi |
| 3048 Horizon Ln #1104 Naples, FL | 3.0 | 2.5 | 1818 | $5,150 | $2.83 | 24d | 1 | 0.46mi |
| 7778 Emerald Cir #204 Naples, FL | 3.0 | 2.0 | 1199 | $6,750 | $5.63 | 15d | 1 | 0.47mi |
| 7778 Emerald Cir #104 Naples, FL | 3.0 | 2.0 | 1199 | $2,300 | $1.92 | 22d | 1 | 0.47mi |
| 2662 Bolero Dr Unit 10 Naples, FL | 2.0 | 2.0 | 1768 | $15,000 | $8.48 | 24d | 1 | 0.48mi |
| 7762 Gardner Dr #102 Naples, FL | 2.0 | 2.0 | 1607 | $6,000 | $3.73 | 24d | 1 | 0.48mi |
| 2625 Estrella Dr Unit 15-1 Naples, FL | 3.0 | 2.0 | 1768 | $18,000 | $10.18 | 24d | 1 | 0.50mi |
| 3051 Horizon Ln #1803 Naples, FL | 2.0 | 2.0 | 1482 | $5,100 | $3.44 | 24d | 1 | 0.51mi |
| 7287 Mill Pond Cir Naples, FL | 3.0 | 2.0 | 1355 | $3,800 | $2.80 | 24d | 1 | 0.51mi |
| 7271 Mill Pond Cir Naples, FL | 3.0 | 2.0 | 1700 | $8,250 | $4.85 | 24d | 1 | 0.53mi |
| 7030 Lone Oak Blvd Naples, FL | 3.0 | 2.0 | 1700 | $6,400 | $3.76 | 15d | 1 | 0.53mi |
| 3035 Horizon Ln #2206 Naples, FL | 2.0 | 2.0 | 1246 | $6,000 | $4.82 | 24d | 1 | 0.54mi |
| 7754 Emerald Cir Unit T202 Naples, FL | 2.0 | 2.0 | 1022 | $3,850 | $3.77 | 15d | 1 | 0.57mi |
HOA detail condo
- Monthly dues
- $360 · $4,320/yr
- Likely covers
- waterlandscapingpoolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 19 events
-
2026-03-14status Pending
-
2026-03-02price $529,000
-
2025-12-28price $549,000
-
2025-10-24$569,000 Active
-
2025-09-23historical
-
2025-06-03price $569,000
-
2025-04-29$589,000 Active
-
2024-08-26soldstatus $405,000
-
2024-08-21soldstatus $405,000 Sold 1159-char remark
Show marketing remark (1159 chars)
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
-
2024-07-21status Pending 1159-char remark
Show marketing remark (1159 chars)
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
-
2024-07-18price $420,000 1159-char remark
Show marketing remark (1159 chars)
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
-
2024-06-15price $435,000 1159-char remark
Show marketing remark (1159 chars)
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
-
2024-05-03$450,000 Active 1159-char remark
Show marketing remark (1159 chars)
Highly sought-after direct waterfront Villa w/ spectacular panoramic lake views! Beautiful 40-acre lake features 2 lighted fountains, fishing & kayaking! Relax on your lanai. Lakeside is a gated community in a prime north Naples location. Near the Gulf w/ some of the best white sand beaches in FL! Vanderbilt Beach is less than 5 miles away! Minutes from award-winning dining, upscale shopping, top rated golf, outdoor activities, I-75 & more. Open 1400 sq ft floorplan w/ expansive ceilings featuring a popular split bedroom design. Eat-in kitchen, dining area, 2 BR & 2 baths. The spacious master suite has a walk-in closet & double sink private bath. Enjoy 2 pools, pickleball, tennis, basketball, bocce, shuffleboard, tot playground or the 1.5 mile walking path meandering through beautiful landscaping. Amenities include clubhouse w/ kitchen, fitness center, sauna & billiards. HOA fees are only $1093/quarter! Roof 6 years old+-. Bring your remodeling ideas and paint brush! Home needs updating and has polybutylene piping. Storm protection on windows. Seller is providing buyer with a 1 year AHS ShieldPlus Home Warranty!
-
2015-03-02soldstatus $249,900
-
2015-02-27soldstatus $249,900
-
2014-12-29$249,900
-
1996-06-19soldstatus $130,000
-
1996-06-19soldstatus $130,000
-
1991-03-01soldstatus $133,000
ⓘ 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
- $3,878 · $323/mo
- Projected year-2 tax
- $4,391 · $366/mo
- Expected delta
- +$512/yr (+$43/mo · 13.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (shaded) · 12% chance over 30 yrs
- Wildfire 1/10 Low
- 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 2/10 Low 2 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
- $48,987
- − Mortgage interest
- −$29,632
- − Property taxes
- −$3,878
- − Insurance
- −$2,645
- − Repairs & maintenance
- −$3,919
- − Management
- −$3,919
- − HOA
- −$4,320
- − Depreciation
- −$15,389
- Taxable loss
- −$14,716
- Est. tax savings @ 24.0%
- +$3,532
- After-tax cash flow
- $-1,902/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 — Pelican Marsh
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- County
- Collier County · 396,295 people
- Metro
- Naples-Marco Island, FL
- Population (ZIP)
- 27,273
- Household income
- $92,259
- Rent vs Own
- Severe rent burden
- 1712.0
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 (78%)
- Race & ethnicity
- White 78% Hispanic / Latino 11% Two or more races 9% Black 4% Asian 4%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 1% Cuban 3%
- Common ancestry
- Romanian 5% Scotch-Irish 3% Lithuanian 2%
- Foreign-born
- 20% · Canada, Jamaica, Vietnam
- Languages at home
- 77% English-only · Spanish 10% Other Indo-European 5% Russian/Polish/Slavic 3%
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
- ▲ 0.29%
- Current HPI
- 279.357
- Rent YoY
- ▲ 0.92%
- 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
+297.7% since first listed19 events — show timeline
- 2026-03-14 Pending — NAPLESMLS
- 2026-03-02 Price Changed $529,000 NAPLESMLS
- 2025-12-28 Price Changed $549,000 NAPLESMLS
- 2025-10-24 Listed $569,000 NAPLESMLS
- 2025-09-23 Listing Removed — NAPLESMLS
- 2025-06-03 Price Changed $569,000 NAPLESMLS
- 2025-04-29 Listed $589,000 NAPLESMLS
- 2024-08-26 Sold (Public Records) $405,000 Public Records
- 2024-08-21 Sold (MLS) $405,000 NAPLESMLS
- 2024-07-21 Pending — NAPLESMLS
- 2024-07-18 Price Changed $420,000 NAPLESMLS
- 2024-06-15 Price Changed $435,000 NAPLESMLS
- 2024-05-03 Listed $450,000 NAPLESMLS
- 2015-03-02 Sold (Public Records) $249,900 Public Records
- 2015-02-27 Sold (MLS) $249,900 NAPLESMLS
- 2014-12-29 Listed $249,900 NAPLESMLS
- 1996-06-19 Sold (Public Records) $130,000 Public Records
- 1996-06-19 Sold (Public Records) $130,000 Public Records
- 1991-03-01 Sold (Public Records) $133,000 Public Records
Property tax history
+7.3%/yrLatest (2025): $3,878 · +74.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…