13581 Eagle Ridge Dr #1421 · Fort Myers, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- 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
- 33 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
- 1 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 +10.9/30.0
- ARV discount +7.5/15.0
- 1% rule +6.6/10.0
- Livability +4.3/5.0
- Schools +4.1/10.0
- DSCR +3.2/10.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
Key facts
- Saltwater pool
- Relaxing hot tub
- Heated pool
Tags
Property features AI
Finance
- Other: Part of a complex with 300 units and 18 units in the building; 2 units per floor; building has 1 floor; Subdivision: MUSA AT DANIELS (Sub Condo Name: MUSA AT DANIELS, Subdivision Number 18)
- Financial info: Information not applicable for investor-specific income/expense details
- HOA & community: Mandatory HOA with on-site management; Monthly condo fee of $499; Annual recurring HOA fees total $5,988; one-time fees $150; HOA maintenance covers legal/accounting, exterior pest control, recreation facilities, repairs, reserves, and trash removal; Community amenities include clubhouse, community pool and spa/hot tub, tennis, pickleball, basketball, play area, BBQ/picnic, library, sidewalks, streetlights, vehicle wash area, and underground utilities; Non-gated community
Exterior
- Parking: Information not provided
- Security: Information not provided
- Utilities: Central water; Central sewer; Cable available
- Home design: Residential property; Low rise (1-3 stories); East rear exposure; Entry level: 1 floor
- Construction: Built in 1990; Concrete block and wood frame construction; Tile roof; Deeded restrictions
- Exterior features: Stucco exterior finish; Double-hung windows; Landscaped area view; Central irrigation; Regular lot
Interior
- Kitchen: Dishwasher; Refrigerator/Freezer
- Bedrooms: 3 bedrooms
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms; Master bathroom with shower only
- Heating & cooling: Central electric heat; Central electric air conditioning
- Interior features: Cathedral ceilings; Window coverings; Dining area combined with living room; Screened lanai/porch; Laundry in residence; Split bedroom floor plan
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $175k.
Deal economics
- At list price, monthly cash flow is $-77 ($-921/yr) — negative.
- To cash-flow at today's rent, offer at most $161k (7.7% below list).
- Meets the 1% rule at list price ($2k rent vs $175k).
- Recommended offer: $161k (7.7% below list) — sets the bar for cash-flow.
- Cap rate 5.8% vs local median 3.3% in Fort Myers — 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 86/100 on livability (#14 in FL, #383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
- 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: Heights Elementary School (math 74% / reading 67%, grade A-, #333 of 2,144 statewide, top 16%, 1,109 students, 38% FRL); Lexington Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 1,138 students, 44% FRL); South Fort Myers High School (math 23% / reading 30%, grade F, #489 of 667 statewide, top 74%, 1,917 students, 50% FRL).
- Market conditions: Rents flat; 309 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 75 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 8y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 25% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→33/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 75 days. Have you received any prior offers? Is the seller open to a 8% 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
- 1.16% ✓
- Cap rate
- 5.77%
- Cash-on-cash
- -1.88%
- DSCR
- 0.92
- GRM
- 7.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.94% rent growth · sell at horizon
- IRR
- -22.5%
- Equity multiple
- 0.24×
- Total profit
- $-37,049
- Equity at exit
- $26,093
- IRR
- -25.8%
- Equity multiple
- -0.09×
- Total profit
- $-53,496
- Equity at exit
- $15,131
Cash invested: $49,000 (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 33912
- Rents YoY
- 0.9%
- Active inventory
- 309
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $2,032 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$192 /mo · $2,305/yr
- Insurance
- −$73
- HOA
- −$499
- Vacancy / Maint / Mgmt
- −$427
- Net cashflow
- $-77
Break-even live
Sensitivity live
| Price | -10% $22 | -5% $-27 | +0% $-77 | +5% $-126 | +10% $-176 |
|---|---|---|---|---|---|
| Rent | -10% $-237 | -5% $-157 | +0% $-77 | +5% $4 | +10% $84 |
| Rate | -1.0pp $11 | -0.5pp $-32 | base $-77 | +0.5pp $-122 | +1.0pp $-168 |
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
- $43,750
- Closing costs
- $5,250
- 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 |
|---|---|---|---|---|---|---|---|---|
| 13615 Eagle Ridge Dr #1625 Fort Myers, FL | 2.0 | 2.0 | 980 | $1,500 | $1.53 | 5d | 1 | 0.05mi |
| 13571 Eagle Ridge Dr #1314 Fort Myers, FL | 2.0 | 2.0 | 980 | $1,500 | $1.53 | 25d | 1 | 0.06mi |
| 13571 Eagle Ridge Dr #1314 Fort Myers, FL | 2.0 | 2.0 | 980 | $1,500 | $1.53 | 5d | 1 | 0.06mi |
| 13505 Eagle Ridge Dr #418 Fort Myers, FL | 2.0 | 2.0 | 980 | $1,500 | $1.53 | 23d | 1 | 0.13mi |
| 13535 Eagle Ridge Dr #728 Fort Myers, FL | 2.0 | 2.0 | 1165 | $1,495 | $1.28 | 25d | 1 | 0.16mi |
| 13681 Admiral Ct Fort Myers, FL | 3.0 | 2.0 | 1363 | $2,250 | $1.65 | 25d | 1 | 0.23mi |
| 13633 Admiral Ct Fort Myers, FL | 3.0 | 2.0 | 1547 | $2,500 | $1.62 | 25d | 1 | 0.23mi |
| 13669 Admiral Ct Fort Myers, FL | 3.0 | 2.0 | 1860 | $2,500 | $1.34 | 25d | 1 | 0.23mi |
| 13831 Eagle Ridge Lakes Dr #201 Fort Myers, FL | 2.0 | 2.0 | 1708 | $1,950 | $1.14 | 25d | 1 | 0.27mi |
| 13264 White Marsh Ln #3324 Fort Myers, FL | 2.0 | 2.0 | 992 | $1,400 | $1.41 | 25d | 1 | 0.33mi |
| 13264 White Marsh Ln #3312 Fort Myers, FL | 2.0 | 2.0 | 992 | $2,500 | $2.52 | 25d | 1 | 0.33mi |
| 13337 Tall Grass Ct Unit 1 Fort Myers, FL | 3.0 | 2.5 | 1646 | $2,250 | $1.37 | 21d | 1 | 0.34mi |
| 13288 White Marsh Ln #3439 Fort Myers, FL | 2.0 | 2.0 | 960 | $1,500 | $1.56 | 25d | 1 | 0.36mi |
| 13288 White Marsh Ln #12 Fort Myers, FL | 2.0 | 2.0 | 1079 | $2,000 | $1.85 | 17d | 1 | 0.36mi |
| 13288 White Marsh Ln #12 Fort Myers, FL | 2.0 | 2.0 | 1079 | $2,000 | $1.85 | 25d | 1 | 0.36mi |
| 13240 White Marsh Ln #25 Fort Myers, FL | 2.0 | 2.0 | 1079 | $1,900 | $1.76 | 25d | 1 | 0.41mi |
| 13240 White Marsh Ln #3127 Fort Myers, FL | 2.0 | 2.0 | 960 | $3,000 | $3.12 | 25d | 1 | 0.41mi |
| 14179 Georgian Cir Fort Myers, FL | 1.0–3.0 | 1.0–2.0 | 887 | $1,900 | $2.14 | 5d | 10 | 0.45mi |
| 13130 White Marsh Ln #207 Fort Myers, FL | 2.0 | 2.0 | 893 | $1,650 | $1.85 | 25d | 1 | 0.53mi |
| 13170 White Marsh Ln #200 Fort Myers, FL | 2.0 | 2.0 | 893 | $3,400 | $3.81 | 25d | 1 | 0.57mi |
| 13094 Cross Creek Ct #113 Fort Myers, FL | 2.0 | 2.0 | 895 | $1,700 | $1.90 | 25d | 1 | 0.65mi |
| 14509 Aeries Way Dr #325 Fort Myers, FL | 2.0 | 2.0 | 1174 | $2,900 | $2.47 | 25d | 1 | 0.66mi |
| 13247 Whitehaven Ln #705 Fort Myers, FL | 2.0 | 2.0 | 950 | $1,500 | $1.58 | 25d | 1 | 0.84mi |
| 13211 Whitehaven Ln #1504 Fort Myers, FL | 2.0 | 2.0 | 950 | $1,950 | $2.05 | 25d | 1 | 0.86mi |
| 13141 Whitehaven Ln #192 Fort Myers, FL | 2.0 | 2.0 | 1279 | $1,800 | $1.41 | 25d | 1 | 0.86mi |
| 13121 Whitehaven Ln #172 Fort Myers, FL | 3.0 | 2.0 | 1279 | $2,195 | $1.72 | 25d | 1 | 0.87mi |
| 12840 Dornoch Ct Fort Myers, FL | 2.0 | 2.5 | 1690 | $2,200 | $1.30 | 25d | 1 | 0.87mi |
| 14122 Danpark Loop Fort Myers, FL | 2.0 | 2.0 | 1209 | $1,800 | $1.49 | 3d | 1 | 0.91mi |
| 13226 Whitehaven Ln #1305 Fort Myers, FL | 2.0 | 2.0 | 950 | $1,450 | $1.53 | 25d | 1 | 0.92mi |
| 13621 Parkcrest Blvd Fort Myers, FL | 1.0–3.0 | 1.0–2.0 | 1039 | $2,015 | $1.94 | 3d | 14 | 0.97mi |
| 13226 Winsford Ln Fort Myers, FL | 3.0 | 2.0 | 1457 | $7,900 | $5.42 | 25d | 1 | 1.00mi |
| 14571 Legends Blvd N Fort Myers, FL | 2.0 | 2.0 | 1132 | $2,175 | $1.92 | 25d | 2 | 1.01mi |
| 12810 Cypress Cape Cir Fort Myers, FL | 1.0–3.0 | 1.0–2.0 | 1158 | $2,049 | $1.77 | 3d | 17 | 1.03mi |
| 7121 Golden Eagle Ct #613 Fort Myers, FL | 2.0 | 2.0 | 1048 | $4,500 | $4.29 | 25d | 1 | 1.08mi |
| 13231 Heather Ridge Loop Fort Myers, FL | 3.0 | 2.0 | 1542 | $2,600 | $1.69 | 25d | 1 | 1.10mi |
| 14571 Legends Blvd N #106 Fort Myers, FL | 2.0 | 2.0 | 1095 | $2,500 | $2.28 | 5d | 1 | 1.10mi |
| 12500 Cold Stream Dr #305 Fort Myers, FL | 2.0 | 2.0 | 1140 | $3,500 | $3.07 | 25d | 1 | 1.16mi |
| 14881 Soaring Eagle Ct Fort Myers, FL | 4.0 | 2.5 | 1789 | $3,800 | $2.12 | 25d | 1 | 1.18mi |
| 9080 Arabian DR Fort Myers, FL | 3.0 | 1.0–2.0 | 924 | $2,399 | $2.59 | 4d | 25 | 1.19mi |
| 14320 Bristol Bay Pl Unit 1546395P Fort Myers, FL | 2.0 | 2.0 | 1097 | $4,032 | $3.68 | 17d | 1 | 1.22mi |
HOA detail condo
- Monthly dues
- $499 · $5,988/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 28 events
-
2026-06-22days on market $175,000 Active 75 DOM
-
2026-06-17days on market $175,000 Active 71 DOM
-
2026-06-16days on market $175,000 Active 70 DOM
-
2026-06-15days on market $175,000 Active 69 DOM
-
2026-06-13days on market $175,000 Active 67 DOM
-
2026-06-10days on market $175,000 Active 64 DOM
-
2026-06-09days on market $175,000 Active 63 DOM
-
2026-06-07days on market $175,000 Active 61 DOM
-
2026-06-03days on market $175,000 Active 57 DOM
-
2026-06-02days on market $175,000 Active 56 DOM
-
2026-06-01days on market $175,000 Active 55 DOM
-
2026-06-01days on market $175,000 Active 54 DOM
-
2026-05-07price $175,000
-
2026-04-07$185,000 Active
-
2024-10-16historical $1,700
-
2024-09-20$1,700
-
2022-05-15historical 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2022-05-06soldstatus $220,000 Sold 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2022-05-06soldstatus $220,000
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2022-03-22status Pending 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2022-03-22$230,000 Active 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2018-07-30soldstatus $113,500
-
2018-07-26soldstatus $113,500 Sold 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2018-06-28status Pending With Contingencies 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
-
2018-06-28$119,000 Active 825-char remark
Show marketing remark (825 chars)
Desirable 3 Bedroom 2 full Bath spacious condo on the second floor in the rear, more serene area of Musa, located within steps of the second swimming pool, workout room and lovely picnic area. Open floor plan includes large walk in closets in two of the bedrooms and spacious closet plus additional shelving in the third bedroom, open kitchen with breakfast bar and screened balcony to catch the SW Florida breezes! Musa at Daniels has resort style amenities with clubhouse, two pools, spa, exercise room, tennis courts, lovely foliage with walking paths, kiddie park and bar-b-que picnic area. Located within minutes to I-75, FGCU, Florida Southwestern College and an abundance of restaurants and shops, this is a wonderful investment opportunity or conveniently located full time residence or fun vacation home in paradise!
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2005-03-21soldstatus $31,300,000
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2003-03-31soldstatus $20,600,000
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1993-09-01soldstatus $17,600,000
ⓘ 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
- $2,305 · $192/mo
- Projected year-2 tax
- $2,305 · $192/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 4/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 33 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 · 1 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
- $24,379
- − Mortgage interest
- −$9,803
- − Property taxes
- −$2,305
- − Insurance
- −$875
- − Repairs & maintenance
- −$1,950
- − Management
- −$1,950
- − HOA
- −$5,988
- − Depreciation
- −$5,091
- Taxable loss
- −$3,583
- Est. tax savings @ 24.0%
- +$860
- After-tax cash flow
- $-61/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 — Fort Myers
- Score
- 86/100
- State rank
- #14
- US rank
- #383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Lee County · 788,662 people
- City population
- 278,598
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 19,533
- Household income
- $103,194
- Rent vs Own
- Severe rent burden
- 292.0
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% Black 3% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3%
- Common ancestry
- Romanian 4% Italian 3% Slovak 2%
- Foreign-born
- 11% · Canada, China, South Korea
- Languages at home
- 87% English-only · Spanish 7% French/Haitian/Cajun 2% Other Indo-European 2%
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
- ▼ -180.73%
- Current HPI
- 226.7102
- Rent YoY
- ▲ 0.94%
- 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 |
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| 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
-99.0% since first listed16 events — show timeline
- 2026-05-07 Price Changed $175,000 NAPLESMLS
- 2026-04-07 Listed $185,000 NAPLESMLS
- 2024-10-16 Rental Removed $1,700 NAPLESMLS
- 2024-09-20 Listed for Rent $1,700 NAPLESMLS
- 2022-05-15 Listing Removed — NAPLESMLS
- 2022-05-06 Sold (Public Records) $220,000 Public Records
- 2022-05-06 Sold (MLS) $220,000 NAPLESMLS
- 2022-03-22 Pending — NAPLESMLS
- 2022-03-22 Listed $230,000 NAPLESMLS
- 2018-07-30 Sold (Public Records) $113,500 Public Records
- 2018-07-26 Sold (MLS) $113,500 FORTMLS
- 2018-06-28 Pending — FORTMLS
- 2018-06-28 Listed $119,000 FORTMLS
- 2005-03-21 Sold (Public Records) $31,300,000 Public Records
- 2003-03-31 Sold (Public Records) $20,600,000 Public Records
- 1993-09-01 Sold (Public Records) $17,600,000 Public Records
Property tax history
+7.1%/yrLatest (2025): $2,305 · -13.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…