CashFlowRE
Sign in Sign up
309 Hermosa Ave
D+ Composite 47.28
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).

  • ARV discount +14.2/15.0
  • Appreciation +10.0/10.0
  • Cash flow +8.0/30.0
  • Schools +4.1/10.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.1/10.0
  • DSCR +2.1/10.0
  • Rent growth +1.3/5.0

$299,000

309 Hermosa Ave · Lehigh Acres, FL 33974
3 bd · 2.0 ba · 1,553 sqft · SingleFamily public records · 493 Days on market
Built 2025 0.25 ac lot Est $351k · 15% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

Key facts

  • 0.25 acre lot
  • 3 garage spots
  • Built 2025

Property features AI

Finance

  • Financial info: Pets allowed
  • HOA & community: No association fee listed

Exterior

  • Parking: Attached garage; 3 covered garage spaces; Driveway; Paved parking
  • Utilities: Cable available; Septic tank sewer; Well water
  • Home design: Single-story home; New construction; Faces west; Entry at level 1; East exposures
  • Construction: Block, concrete and stucco construction; Shingle roof
  • Exterior features: Shutters (manual); Paved road; Rectangular lot; No additional exterior features listed

Interior

  • Kitchen: Dishwasher; Microwave; Range; Pantry
  • Bedrooms: Master bedroom; Two additional bedrooms
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central electric heating; Central electric cooling
  • Interior features: Separate/formal dining room; Pantry; Shower only (separate shower); Cable TV ready; Split bedroom floorplan; Double-hung windows; Unfurnished
  • Laundry & utility: Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $299k.

Deal economics

  • At list price, monthly cash flow is $-304 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $245k (17.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (28.9% below list).
  • Recommended offer: $213k (28.9% below list) — sets the bar for 1% rule.

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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 35% 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 $32k of equity ($2k loan paydown + $30k 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 ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 493 days — a 12% lower offer ($263k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y ago; this cycle's ask has dropped $26k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $12k; list at $299k implies a 2292% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $212,644 (28.9% 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 493 days. Have you received any prior offers? Is the seller open to a 29% 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
0.71%
Cap rate
5.07%
Cash-on-cash
-4.35%
DSCR
0.81
GRM
11.7

CMA / ARV

ARV (on-the-fly)
$350,978
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1019 Carroll St E 0.24mi 3/2.0 1,503 (-3%) 5mo $260,000 $173 80
380 Mcarthur Blvd 0.54mi 3/2.0 1,608 (+4%) 2mo $355,000 $221 68
938 Grant Blvd 0.55mi 3/2.5 1,575 (+1%) 5mo $307,900 $195 66
210 Aurora Ave S 0.57mi 3/2.0 1,536 (-1%) 10mo $320,000 $208 63
417 Long Ave S 0.56mi 3/2.0 1,600 (+3%) 12mo $450,000 $281 59
844 Ashland St E 0.58mi 3/2.0 1,493 (-4%) 11mo $334,500 $224 58
353 Bradley Ave 0.37mi 3/2.0 1,325 (-15%) 11mo $300,000 $226 49
1010 Sunrise Blvd 0.53mi 3/2.0 1,387 (-11%) 13mo $320,000 $231 46
314 Lenz Ave 0.73mi 3/2.0 1,325 (-15%) 12mo $300,000 $226 32
944 Dobbins St E 0.68mi 3/2.0 1,327 (-15%) 23mo $315,000 $237 25

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

Projected returns pro-forma

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

5-year hold
IRR
20.4%
Equity multiple
2.64×
Total profit
$137,248
Equity at exit
$269,363
10-year hold
IRR
18.0%
Equity multiple
5.88×
Total profit
$408,189
Equity at exit
$580,891

Cash invested: $83,720 (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.

ZIP-level market 33974

Home prices YoY
5.8%
Rents YoY
-4.7%
Active inventory
2476
Price-to-rent
11.7×

Monthly cashflow live

Estimated rent
$2,126 high interval (Pro) →
Mortgage (P&I)
$1,568
Tax from tax record
$291 /mo · $3,493/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$447
Net cashflow
$-304

Break-even live

Break-even rent $2,511
Max offer price $245,343
Occupancy floor

Sensitivity live

Price -10% $-134 -5% $-219 +0% $-304 +5% $-388 +10% $-473
Rent -10% $-472 -5% $-388 +0% $-304 +5% $-220 +10% $-136
Rate -1.0pp $-153 -0.5pp $-228 base $-304 +0.5pp $-381 +1.0pp $-460

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
$74,750
Closing costs
$8,970
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
940 Belmont St E Lehigh Acres, FL 4.0 2.0 1838 $2,850 $1.55 25d 1 0.42mi
947 Grant Blvd Lehigh Acres, FL 4.0 2.0 1650 $2,145 $1.30 25d 1 0.46mi
382 McArthur Blvd Lehigh Acres, FL 3.0 2.0 1055 $2,200 $2.09 25d 1 0.53mi
232 Fowler Ave Lehigh Acres, FL 3.0 2.0 1582 $2,664 $1.68 25d 1 0.55mi
312 Lenz Ave Lehigh Acres, FL 3.0 2.5 2208 $2,500 $1.13 25d 1 0.70mi
444 Genoa Ave S Lehigh Acres, FL 4.0 2.0 1389 $1,750 $1.26 23d 1 0.71mi
912 Anthony St E Lehigh Acres, FL 3.0 2.5 1548 $1,890 $1.22 18d 1 0.80mi
825 Carbon St E Lehigh Acres, FL 3.0 2.0 1582 $2,300 $1.45 25d 1 0.82mi
350 Limerick Ave S Lehigh Acres, FL 3.0 2.0 1199 $1,800 $1.50 5d 1 0.83mi
333 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1114 $1,300 $1.17 5d 1 0.84mi
1122 Randolph St Lehigh Acres, FL 3.0 2.0 1550 $2,100 $1.35 25d 1 0.85mi
459 Lockport Ave S Lehigh Acres, FL 3.0 2.0 1650 $2,000 $1.21 25d 1 0.86mi
346 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1185 $1,495 $1.26 5d 1 0.90mi
346 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1185 $1,495 $1.26 16d 1 0.90mi
970 Lakeside Dr Lehigh Acres, FL 3.0 2.0 1325 $1,800 $1.36 21d 1 0.92mi
388 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1200 $1,780 $1.48 25d 1 0.93mi
442 Genoa Ave S Lehigh Acres, FL 4.0 2.0 1365 $1,750 $1.28 5d 1 0.95mi
219 Beckley Dr Lehigh Acres, FL 3.0 2.5 1548 $1,890 $1.22 18d 1 0.96mi
940 Sterling St E Lehigh Acres, FL 4.0 2.0 1389 $1,750 $1.26 5d 1 0.97mi
1018 Kent St E Lehigh Acres, FL 3.0 2.0 1600 $2,000 $1.25 18d 1 0.98mi
759 Cane St E Lehigh Acres, FL 3.0 2.0 1169 $1,950 $1.67 5d 1 0.98mi
455 Bell Blvd Unit 1 Lehigh Acres, FL 3.0 2.0 1142 $1,600 $1.40 25d 1 1.01mi
750 Cane St E Lehigh Acres, FL 4.0 3.0 1537 $2,800 $1.82 5d 1 1.05mi
327 Lester Ave S Lehigh Acres, FL 4.0 2.0 1577 $2,195 $1.39 3d 1 1.08mi
230 E Malden Ave S Lehigh Acres, FL 4.0 2.0 1833 $1,875 $1.02 25d 1 1.08mi
508 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1200 $1,800 $1.50 25d 1 1.18mi
727 Cane St E Lehigh Acres, FL 3.0 2.0 1582 $2,000 $1.26 25d 1 1.23mi
538 Flamingo Ave S Lehigh Acres, FL 3.0 2.0 1272 $1,791 $1.41 5d 1 1.23mi
718 Sunrise Blvd Lehigh Acres, FL 3.0 2.0 1100 $1,610 $1.46 25d 1 1.27mi
538 Cypress Ave S Lehigh Acres, FL 3.0 2.0 1055 $1,699 $1.61 4d 1 1.28mi
541 Hawthorne Ave S Lehigh Acres, FL 3.0 2.0 1634 $1,921 $1.18 5d 1 1.29mi
1440 Graham Cir Lehigh Acres, FL 3.0 2.0 1767 $2,300 $1.30 25d 1 1.32mi
1226 Chrisholm St Lehigh Acres, FL 4.0 2.0 1811 $2,500 $1.38 3d 1 1.32mi
129 Wanatah Ave Lehigh Acres, FL 4.0 2.0 1798 $1,911 $1.06 5d 1 1.33mi
459 Lackey Ave S Lehigh Acres, FL 4.0 2.0 1833 $1,825 $1.00 4d 1 1.33mi
1228 Chrisholm St Lehigh Acres, FL 4.0 2.0 1811 $2,500 $1.38 3d 1 1.34mi
530 Kilgour Ave Lehigh Acres, FL 3.0 2.0 2214 $1,795 $0.81 5d 1 1.36mi
713 Cardinal St E Lehigh Acres, FL 3.0 2.0 1100 $1,635 $1.49 5d 1 1.36mi
954 Pilgrim St E Lehigh Acres, FL 3.0 2.0 1246 $1,625 $1.30 4d 1 1.37mi
573 Bell Blvd S Lehigh Acres, FL 3.0 2.0 1218 $1,900 $1.56 16d 1 1.38mi

Listing history 26 events

  1. 2026-06-22
    days on market $299,000 Active 493 DOM
  2. 2026-06-17
    days on market $299,000 Active 489 DOM
  3. 2026-06-16
    days on market $299,000 Active 488 DOM
  4. 2026-06-16
    days on market $299,000 Active 487 DOM
  5. 2026-06-13
    pricedays on market $299,000 Active 485 DOM
  6. 2026-06-09
    days on market $305,000 Active 481 DOM
  7. 2026-06-07
    days on market $305,000 Active 479 DOM
  8. 2026-06-02
    days on market $305,000 Active 474 DOM
  9. 2026-06-01
    days on market $305,000 Active 473 DOM
  10. 2026-06-01
    days on market $305,000 Active 472 DOM
  11. 2026-05-05
    price $305,000 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  12. 2026-05-04
    price $305,000
  13. 2026-04-16
    price $300,880 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  14. 2025-11-10
    price $308,990
  15. 2025-10-02
    price $309,990
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  16. 2025-10-02
    price $309,990 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  17. 2025-07-26
    price $319,000 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  18. 2025-07-25
    price $319,990
  19. 2025-02-13
    listed $325,440 Active
  20. 2025-01-28
    status Active 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  21. 2024-05-14
    historical 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  22. 2024-03-04
    price $325,440 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  23. 2024-01-28
    listed $315,440 Active 1150-char remark
    Show marketing remark (1150 chars)

    Welcome to the Alexander, a floorplan from our Value collection. As you enter through the covered entryway, you'll step into a spacious foyer that seamlessly leads into the Great Room, creating a warm and inviting atmosphere. This thoughtfully designed home features two bedrooms situated on one side, while the Owners' Suite is nestled in the back corner, offering optimal privacy and tranquility. The kitchen is a true highlight of the Alexander, boasting ample space and a layout that provides a full view into the Great Room, perfect for entertaining and staying connected with loved ones. Additionally, a separate dining room and living room flank the front of the home, adding an extra touch of elegance and versatility to the floorplan. You'll also appreciate the convenience of a three-car garage, providing ample space for vehicles and storage. The Alexander showcases our commitment to exceptional quality and energy efficiency. Constructed with CBS, this home incorporates energy smart features throughout, including a digital thermostat, an A/C system, roof vents and soffits for attic ventilation, and dual pane energy-efficient windows.

  24. 2021-03-02
    soldstatus $12,500
  25. 2005-06-21
    soldstatus $38,000
  26. 2004-09-09
    soldstatus $11,000

ⓘ 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
$3,493 · $291/mo
Projected year-2 tax
$3,493 · $291/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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 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
$25,517
− Mortgage interest
−$16,749
− Property taxes
−$3,493
− Insurance
−$1,495
− Repairs & maintenance
−$2,041
− Management
−$2,041
− Depreciation
−$8,698
Taxable loss
−$9,000
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,160
After-tax cash flow
$-1,485/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)
19,927
Household income
$72,192
Rent vs Own
27.3% rent · 72.7% 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

Price history

+2672.7% since first listed
16 events — show timeline
  • 2026-05-05 Price Changed $305,000 Zillow
  • 2026-05-04 Price Changed $305,000 FORTMLS
  • 2026-04-16 Price Changed $300,880 Zillow
  • 2025-11-10 Price Changed $308,990 FORTMLS
  • 2025-10-02 Price Changed $309,990 FORTMLS
  • 2025-10-02 Price Changed $309,990 Zillow
  • 2025-07-26 Price Changed $319,000 Zillow
  • 2025-07-25 Price Changed $319,990 FORTMLS
  • 2025-02-13 Listed $325,440 FORTMLS
  • 2025-01-28 Relisted Zillow
  • 2024-05-14 Delisted Zillow
  • 2024-03-04 Price Changed $325,440 Zillow
  • 2024-01-28 Listed $315,440 Zillow
  • 2021-03-02 Sold (Public Records) $12,500 Public Records
  • 2005-06-21 Sold (Public Records) $38,000 Public Records
  • 2004-09-09 Sold (Public Records) $11,000 Public Records

Property tax history

+223.7%/yr

Latest (2025): $3,493 · +868.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…