23238 Marsh Landing Blvd · Estero, FL 33928

$599,900

4 bd · 2.0 ba · 2,218 sqft · SingleFamily public records · 65 Days on market

Built 2001 6,600 sqft lot Est $610k · at est. $54/mo HOA · 1% of rent ↓ 43% since listing

---

Why this score? — see what drove the C- 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 +19.2/30.0
• ARV discount +8.2/15.0
• DSCR +6.1/10.0
• 1% rule +4.9/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

Key facts

• Volume ceilings
• Paver driveway
• Updated kitchen

Tags

• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• BREAKFAST BAR
• SEPARATE GUEST WING
• PAVER DRIVEWAY
• VOLUME CEILINGS

Property features AI

Finance

• Other: Association fee information available (annual payment)
• HOA & community: Has association; Association amenities include clubhouse, pool, spa/hot tub, tennis courts, picnic area, storage, bike storage and other recreation facilities; HOA fee paid annually

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces (total 2 parking spaces)
• Utilities: Well water; Public sewer; Other utilities
• Home design: Single family residence; One story; North-facing
• Construction: Concrete block construction (no stucco); Shingle roof; Built as resale property
• Exterior features: Private pool; Not waterfront

Interior

• Kitchen: Disposal; Dishwasher; Gas range; Microwave; Refrigerator
• Bedrooms: 4 bedrooms on the main level
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Built-in features; Vaulted ceilings; Walk-in closets
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $600k.

Deal economics

• At list price, monthly cash flow is $651 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $593k (1.2% below list).
• Recommended offer: $564k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.4% in Estero — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#149 in FL, #2,242 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living D-.
• 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.
• Market conditions: Rents soft (-1.4%/yr); 668 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• At $5,925/mo this rent would consume 69% of the median local household income ($103k/yr) (locally 606% 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 (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k of value loss. Plan a longer hold.
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($564k) is reasonable based on typical stale-listing flexibility.
• 4 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 $355k; list at $600k implies a 69% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $563,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 0.99% ✗
• Cap rate: 7.60%
• Cash-on-cash: 4.65%
• DSCR: 1.21
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $609,950
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
23121 Marsh Landing Blvd	0.16mi	3/2.0 (-1)	2,281 (+3%)	4mo	$620,000	$272	79
4134 Olde Meadowbrook Ln	0.39mi	3/2.0 (-1)	2,283 (+3%)	16mo	$627,000	$275	59
4119 Olde Meadowbrook Ln	0.28mi	3/2.0 (-1)	1,948 (-12%)	22mo	$615,000	$316	43
3501 Heron Cove Ct	0.71mi	3/3.0 (-1)	2,185 (-2%)	20mo	$730,000	$334	39
22756 Caroline Dr	0.62mi	3/2.5 (-1)	2,035 (-8%)	21mo	$455,000	$224	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.4%
• Equity multiple: 0.56×
• Total profit: $-73,077
• Equity at exit: $89,447

10-year hold

• IRR: -8.5%
• Equity multiple: 0.54×
• Total profit: $-77,257
• Equity at exit: $51,868

Cash invested: $167,972 (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 33928

• Rents YoY: -1.4%
• Active inventory: 668
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $5,925 high
• Mortgage (P&I): −$3,146
• Tax from tax record: −$580 /mo · $6,956/yr
• Insurance: −$250
• HOA: −$54
• Vacancy / Maint / Mgmt: −$1,244
• Net cashflow: $651

Break-even live

Break-even rent $5,101

Max offer price $599,900

Occupancy floor 84%

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: $149,975
• Closing costs: $17,997
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3441 Morning Lake Dr #202 Estero, FL	3.0	2.5	2045	$6,000	$2.93	10d	1	0.26mi
23036 Lone Oak Dr Estero, FL	3.0	2.0	1524	$4,500	$2.95	23d	1	0.35mi
23272 E Eldorado Ave Unit 1073519P Bonita Springs, FL	4.0	2.0	1786	$8,737	$4.89	21d	1	0.51mi
21715 Bridgegate Ct Estero, FL	3.0	2.0	1407	$2,750	$1.95	23d	1	0.56mi
4600 Key Largo Ln Bonita Springs, FL	4.0	2.0	2000	$5,250	$2.62	3d	1	0.70mi
4600 Key Largo Ln Bonita Springs, FL	4.0	2.0	2000	$5,250	$2.62	23d	1	0.70mi
23781 Merano Ct #201 Estero, FL	3.0	3.0	2424	$8,500	$3.51	23d	1	0.72mi
3578 Heron Cove Ct Bonita Springs, FL	3.0	3.0	2185	$9,000	$4.12	23d	1	0.73mi
4649 Santiago Ln Bonita Springs, FL	3.0	2.0	1625	$2,600	$1.60	13d	1	0.76mi
4649 Santiago Ln Bonita Springs, FL	3.0	2.0	1625	$2,600	$1.60	23d	1	0.76mi
4665 Key Largo Ln Bonita Springs, FL	3.0	2.0	1880	$12,000	$6.38	23d	1	0.81mi
22632 Fountain Lakes Blvd Estero, FL	3.0	2.0	1750	$3,000	$1.71	23d	1	0.87mi
22631 Island Lakes Dr Estero, FL	3.0	2.0	1500	$2,800	$1.87	23d	1	0.89mi
8560 Evernia Ct #204 Estero, FL	3.0	2.0	1440	$2,100	$1.46	21d	1	0.93mi
3490 Candleberry Ct Bonita Springs, FL	3.0	2.5	2701	$15,000	$5.55	23d	1	0.93mi
8540 Violeta St #202 Estero, FL	3.0	2.0	1440	$2,495	$1.73	23d	1	0.95mi
23540 Via Veneto Blvd #1702 Bonita Springs, FL	3.0	3.0	1910	$12,500	$6.54	23d	1	0.96mi
8524 Via Lungomare Cir #201 Estero, FL	3.0	2.0	1612	$3,250	$2.02	14d	1	0.96mi
8561 Violeta St #202 Bonita Springs, FL	3.0	2.0	1440	$2,950	$2.05	23d	1	0.98mi
24300 Sandpiper Isle Way #201 Bonita Springs, FL	3.0	2.5	1887	$7,500	$3.97	23d	1	0.98mi
23520 Alamanda Dr #202 Estero, FL	3.0	2.0	1452	$5,500	$3.79	23d	1	1.02mi
22361 Fountain Lakes Blvd Estero, FL	3.0	2.0	1942	$4,000	$2.06	23d	1	1.04mi
23550 Alamanda Dr #102 Estero, FL	3.0	2.5	1616	$5,200	$3.22	23d	1	1.06mi
23611 Alamanda Dr #202 Estero, FL	3.0	2.0	1440	$2,900	$2.01	23d	1	1.16mi
23850 Via Italia Cir #1601 Estero, FL	3.0	3.0	2658	$11,500	$4.33	23d	1	1.17mi
23850 Via Italia Cir #204 Estero, FL	3.0	3.0	2086	$7,000	$3.36	23d	1	1.17mi
23850 Via Italia Cir #204 Estero, FL	3.0	3.0	2086	$11,000	$5.27	3d	1	1.17mi
23850 Via Italia Cir #605 Estero, FL	3.0	2.5	2274	$11,500	$5.06	23d	1	1.17mi
23850 Via Italia Cir #404 Estero, FL	3.0	3.0	2085	$11,000	$5.28	23d	1	1.17mi
23850 Via Italia Cir #1601 Estero, FL	3.0	3.0	2658	$11,500	$4.33	16d	1	1.17mi
24420 Reserve Ct #202 Bonita Springs, FL	3.0	2.0	2244	$8,000	$3.57	23d	1	1.18mi
24011 Via Castella Dr #2503 Bonita Springs, FL	3.0	2.5	2715	$8,000	$2.95	23d	1	1.41mi
24011 Via Castella Dr #2503 Bonita Springs, FL	3.0	2.5	2715	$8,000	$2.95	21d	1	1.41mi
3535 Cherry Blossom Ct #202 Estero, FL	3.0	2.5	2878	$2,800	$0.97	23d	1	1.45mi
3535 Cherry Blossom Ct #102 Estero, FL	3.0	2.5	1917	$2,900	$1.51	23d	1	1.45mi
24031 Via Castella Dr #1403 Bonita Springs, FL	3.0	2.5	2715	$6,500	$2.39	23d	1	1.48mi

HOA detail

• Monthly dues: $54 · $648/yr
• Likely covers: electricpoolgym

Listing history 38 events

1. 2026-06-17
   days on market $599,900 Active 65 DOM
2. 2026-06-16
   days on market $599,900 Active 64 DOM
3. 2026-06-15
   days on market $599,900 Active 63 DOM
4. 2026-06-13
   days on market $599,900 Active 61 DOM
5. 2026-06-10
   days on market $599,900 Active 58 DOM
6. 2026-06-09
   days on market $599,900 Active 57 DOM
7. 2026-06-07
   days on market $599,900 Active 55 DOM
8. 2026-06-03
   days on market $599,900 Active 51 DOM
9. 2026-06-02
   days on market $599,900 Active 50 DOM
10. 2026-06-02
    price $599,900 Active 49 DOM
11. 2026-06-01
    days on market $599,950 Active 49 DOM
12. 2026-05-31
    days on market $599,950 Active 48 DOM
13. 2026-05-19
    price $599,950 1131-char remark

    Show marketing remark (1131 chars)

    Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

14. 2026-05-18
    price $599,950
15. 2026-05-06
    price $599,990 1131-char remark

    Show marketing remark (1131 chars)

    Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

16. 2026-05-05
    price $599,990
17. 2026-04-22
    price $608,999 1131-char remark

    Show marketing remark (1131 chars)

    Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

18. 2026-04-22
    price $608,999

    Show marketing remark (1131 chars)

    Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

19. 2026-04-12
    listed $618,900 Active
20. 2026-04-09
    listed $618,900 Active 1131-char remark

    Show marketing remark (1131 chars)

    Welcome to this beautiful home located in the desirable community of Marsh Landing in Estero, FL between Naples and Ft Myers and close to RSW Airport. Near Coconut Point Mall and 100s of restaurants, shops and entertainment options. This property is move in ready, decorated with neutral finishes and quality furnishings and features a spacious layout with plenty of natural light, an updated kitchen with granite countertops, updated cabinets, breakfast bar and eating area leading to two comfortable living areas. Split bedrooms with a separate guest wing. Paver driveway, 2 car garage, stained glass double entry doors, volume and vaulted ceilings, crown molding, and solar tube lighting. Electric and crank hurricane shutters. Enjoy the serene outdoor space with a private backyard with pool, large screened lanai, a large covered area and a nice backyard, all appropriate for relaxation or entertaining. A quiet and peaceful neighborhood, the community features amenities such as a pool, spa, large banquet room, fitness center, and pickleball courts and low fees. Home can be purchased with furnishings or turnkey if desired.

21. 2025-04-04
    historical $3,650
22. 2025-04-03
    price $3,650
23. 2025-03-09
    price $3,950
24. 2025-02-11
    price $4,250
25. 2025-01-16
    price $6,990
26. 2025-01-05
    price $7,450
27. 2024-12-17
    price $7,600
28. 2024-12-09
    price $7,995
29. 2024-11-28
    price $8,200
30. 2024-11-15
    price $8,300
31. 2024-10-17
    listed $8,500
32. 2024-10-16
    historical $4,990
33. 2024-06-05
    listed $4,990
34. 2017-02-01
    soldstatus $355,000
35. 2016-12-31
    price $399,550
36. 2003-05-29
    soldstatus $289,900
37. 2000-03-30
    soldstatus $5,511,100
38. 1999-09-20
    soldstatus $1,058,500

ⓘ 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: $6,956 · $580/mo
• Projected year-2 tax: $6,956 · $580/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 54% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 32 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $71,101
• − Mortgage interest: −$33,604
• − Property taxes: −$6,956
• − Insurance: −$3,000
• − Repairs & maintenance: −$5,688
• − Management: −$5,688
• − HOA: −$648
• − Depreciation: −$17,452
• Taxable loss: −$1,934
• Est. tax savings @ 24.0%: +$464
• After-tax cash flow: $8,279/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 — Estero

• Score: 79/100
• State rank: #149
• US rank: #2242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Estero, FL
• County: Lee County · 788,662 people
• City population: 31,926
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 31,926
• Household income: $102,624
• Rent vs Own: 12.6% rent · 87.4% own
• Severe rent burden: 606.0

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: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, China, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -109.49%
• Current HPI: 197.5913
• Rent YoY: ▼ -1.42%
• 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

-43.3% since first listed

26 events — show timeline

• 2026-05-19 Price Changed $599,950 NAPLESMLS
• 2026-05-18 Price Changed $599,950 Beaches MLS
• 2026-05-06 Price Changed $599,990 NAPLESMLS
• 2026-05-05 Price Changed $599,990 Beaches MLS
• 2026-04-22 Price Changed $608,999 NAPLESMLS
• 2026-04-22 Price Changed $608,999 Beaches MLS
• 2026-04-12 Listed $618,900 Beaches MLS
• 2026-04-09 Listed $618,900 NAPLESMLS
• 2025-04-04 Rental Removed $3,650 NAPLESMLS
• 2025-04-03 Price Changed $3,650 NAPLESMLS
• 2025-03-09 Price Changed $3,950 NAPLESMLS
• 2025-02-11 Price Changed $4,250 NAPLESMLS
• 2025-01-16 Price Changed $6,990 NAPLESMLS
• 2025-01-05 Price Changed $7,450 NAPLESMLS
• 2024-12-17 Price Changed $7,600 NAPLESMLS
• 2024-12-09 Price Changed $7,995 NAPLESMLS
• 2024-11-28 Price Changed $8,200 NAPLESMLS
• 2024-11-15 Price Changed $8,300 NAPLESMLS
• 2024-10-17 Listed for Rent $8,500 NAPLESMLS
• 2024-10-16 Rental Removed $4,990 NAPLESMLS
• 2024-06-05 Listed for Rent $4,990 NAPLESMLS
• 2017-02-01 Sold (Public Records) $355,000 Public Records
• 2016-12-31 Price Changed $399,550 BEARMLS
• 2003-05-29 Sold (Public Records) $289,900 Public Records
• 2000-03-30 Sold (Public Records) $5,511,100 Public Records
• 1999-09-20 Sold (Public Records) $1,058,500 Public Records

Property tax history

+5.5%/yr

Latest (2025): $6,956 · +14.4% YoY. Source: county tax records.