940 Augusta Blvd Unit D939 · Lely, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.74%
- 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
- 28 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 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 +14.8/30.0
- 1% rule +9.4/10.0
- ARV discount +7.5/15.0
- Schools +5.0/10.0
- DSCR +4.5/10.0
- Rent growth +3.9/5.0
- Livability +3.3/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$229,100
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Outstanding opportunity to own in Lely Country Club. This stunning over 1419 square foot 2 bedroom 2 bath unit plus a large open loft. There are 2 lanais - both upstairs and down with electric storm shutters. Private landscaped views. Unit has new carpet. Boasts nice granite counter tops in kitchen with wood cabinets and new high end stainless steel appliances. Recently painted. New HVAC system. New Roof. New exterior paint. New window treatments. Parking lot newly paved. Centrally located between 5th Ave Naples & the beaches and Marco Island. Heated Community pool that has been freshly painted. There are numerous golf courses in the area. Open grassy areas for pets to play and mature landscaping. Two pets Allowed. Seller Leaseback possible. A Must See.
Key facts
- Vinyl flooring
- New landscaping
- Vaulted ceilings
Tags
Property features AI
Other
- Other: Possession at closing
Finance
- Other: Part of a 16-unit complex with 4 units per building and 2 floors; Single unit per floor
- Financial info: Information not applicable for investor cash flow details
- HOA & community: Quarterly condo fee; Condo fee $3,087 quarterly (total annual recurring fees $12,348); One-time fees $150; HOA maintains insurance, management, pest control (exterior), repairs, reserves, trash removal, and water; Professional management; Community pool; 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 building (1–3); 2 story building; Rear exposure facing east; Part of Lely Country Club / Village Green development
- Construction: Concrete block construction; Built in 1985
- Exterior features: Stucco exterior; Tile roof; Single hung and sliding windows; Manual shutters for storm protection; Landscaped area view; Regular lot
Interior
- Kitchen: Dishwasher; Disposal; Range; Refrigerator
- Bedrooms: 2 bedrooms; Master bedroom on ground level
- Flooring: Vinyl
- Bathrooms: 2 full bathrooms; Master bath with shower only
- Heating & cooling: Central electric heat; Central electric cooling
- Interior features: Vaulted ceiling; Window coverings; Great room floor plan; Dining area in living room; Den / study; Screened lanai/porch; Laundry in residence; Furnishing negotiable
- Laundry & utility: Washer; Dryer
Utilities
- Utilities: Central water; Central sewer; Central electric heat and cooling; Cable available
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $229k.
Deal economics
- At list price, monthly cash flow is $-4 ($-43/yr) — negative.
- To cash-flow at today's rent, offer at most $228k (0.3% below list).
- Meets the 1% rule at list price ($3k rent vs $229k).
- Recommended offer: $228k (0.3% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 66/100 on livability (#586 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+; Watch: schools D+, health & safety D, amenities F.
- 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.
- Market conditions: Rents rising fast (+5.6%/yr); 597 active listings in the ZIP; 40 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; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
- At $3,298/mo this rent would consume 48% of the median local household income ($82k/yr) (locally 954% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 14y ago; this cycle's ask is 10314% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $155k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 31% of rent.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/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?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 1.44% ✓
- Cap rate
- 6.62%
- Cash-on-cash
- 1.18%
- DSCR
- 1.05
- GRM
- 5.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 5.59% rent growth · sell at horizon
- IRR
- -11.5%
- Equity multiple
- 0.57×
- Total profit
- $-27,856
- Equity at exit
- $34,160
- IRR
- 3.0%
- Equity multiple
- 1.26×
- Total profit
- $16,365
- Equity at exit
- $19,808
Cash invested: $64,148 (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 34113
- Rents YoY
- 5.6%
- Active inventory
- 597
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $3,298 high interval (Pro) →
- Mortgage (P&I)
- −$1,201
- Tax from tax record
- −$214 /mo · $2,565/yr
- Insurance
- −$95
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$1,032
- Vacancy / Maint / Mgmt
- −$693
- Net cashflow
- $-4
Break-even live
Sensitivity live
| Price | -10% $126 | -5% $61 | +0% $-4 | +5% $-68 | +10% $-133 |
|---|---|---|---|---|---|
| Rent | -10% $-264 | -5% $-134 | +0% $-4 | +5% $127 | +10% $257 |
| Rate | -1.0pp $112 | -0.5pp $55 | base $-4 | +0.5pp $-63 | +1.0pp $-123 |
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
- $57,275
- Closing costs
- $6,873
- 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 |
|---|---|---|---|---|---|---|---|---|
| 940 Augusta Blvd Unit D939 Naples, FL | 2.0 | 2.0 | 1419 | $2,200 | $1.55 | 24d | 1 | 0.02mi |
| 905 Augusta Blvd Naples, FL | 2.0 | 2.0 | 1125 | $1,850 | $1.64 | 24d | 1 | 0.08mi |
| 5857 Rattlesnake Hammock Rd #208 Naples, FL | 2.0 | 2.0 | 1133 | $3,000 | $2.65 | 14d | 1 | 0.09mi |
| 5841 Rattlesnake Hammock Rd Unit 2 Naples, FL | 2.0 | 2.0 | 1133 | $2,500 | $2.21 | 24d | 1 | 0.12mi |
| 5841 Rattlesnake Hammock Rd Unit I-203 Naples, FL | 2.0 | 2.0 | 1015 | $3,500 | $3.45 | 14d | 1 | 0.12mi |
| 709 Augusta Blvd Unit 709-5 Naples, FL | 3.0 | 2.0 | 1480 | $4,000 | $2.70 | 14d | 1 | 0.16mi |
| 760 Augusta Blvd Unit D204 Naples, FL | 3.0 | 2.0 | 1294 | $2,300 | $1.78 | 24d | 1 | 0.17mi |
| 705 Augusta Blvd Unit 705-5 Naples, FL | 2.0 | 2.0 | 1125 | $2,000 | $1.78 | 14d | 1 | 0.18mi |
| 701 Augusta Blvd Unit 701-8 Naples, FL | 2.0 | 2.0 | 1250 | $4,800 | $3.84 | 14d | 1 | 0.21mi |
| 5859 Westbourgh Ct Naples, FL | 3.0 | 2.0 | 1746 | $8,500 | $4.87 | 24d | 1 | 0.22mi |
| 5859 Westbourgh Ct Naples, FL | 3.0 | 2.0 | 1746 | $8,500 | $4.87 | 14d | 1 | 0.22mi |
| 605 Augusta Blvd #4 Naples, FL | 2.0 | 2.0 | 1125 | $3,950 | $3.51 | 14d | 1 | 0.24mi |
| 605 Augusta Blvd #14 Naples, FL | 2.0 | 2.0 | 1125 | $4,000 | $3.56 | 24d | 1 | 0.24mi |
| 575 Augusta Blvd Naples, FL | 3.0 | 2.0 | 1500 | $2,100 | $1.40 | 24d | 1 | 0.29mi |
| 640 Augusta Blvd Naples, FL | 2.0 | 2.0 | 1634 | $2,700 | $1.65 | 24d | 1 | 0.31mi |
| 555 Augusta Blvd Unit 3-1 Naples, FL | 2.0 | 2.0 | 1249 | $4,200 | $3.36 | 24d | 1 | 0.33mi |
| 413 Augusta Blvd #302 Naples, FL | 2.0 | 2.0 | 1390 | $5,500 | $3.96 | 21d | 1 | 0.40mi |
| 4556 Andover Way Unit E104 Naples, FL | 2.0 | 2.0 | 1072 | $5,000 | $4.66 | 14d | 1 | 0.43mi |
| 4556 Andover Way Unit E106 Naples, FL | 2.0 | 2.0 | 1172 | $1,900 | $1.62 | 14d | 1 | 0.43mi |
| 265 Deerwood Cir Naples, FL | 2.0 | 2.0 | 1179 | $5,000 | $4.24 | 24d | 1 | 0.49mi |
| 520 Augusta Blvd Unit B204 Naples, FL | 3.0 | 2.0 | 1294 | $2,200 | $1.70 | 24d | 1 | 0.50mi |
| 5651 Rattlesnake Hammock Rd Unit C-108 Naples, FL | 2.0 | 2.0 | 1054 | $1,800 | $1.71 | 24d | 1 | 0.50mi |
| 5635 Rattlesnake Hammock Rd Apt 203D Naples, FL | 2.0 | 2.0 | 1054 | $1,700 | $1.61 | 21d | 1 | 0.53mi |
| 5535 Rattlesnake Hammock Rd #302 Naples, FL | 2.0 | 2.0 | 1205 | $2,800 | $2.32 | 24d | 1 | 0.63mi |
| 5502 Greenwood Cir #1 Naples, FL | 3.0 | 2.0 | 1450 | $2,400 | $1.66 | 24d | 1 | 0.64mi |
| 5932 Cranbrook Way Naples, FL | 2.0 | 2.0 | 1310 | $2,200 | $1.68 | 24d | 1 | 0.66mi |
| 5778 Greenwood Cir Naples, FL | 3.0 | 2.0 | 1450 | $4,000 | $2.76 | 24d | 1 | 0.67mi |
| 5733 Deauville Cir Unit G308 Naples, FL | 3.0 | 2.0 | 1427 | $3,600 | $2.52 | 24d | 1 | 0.71mi |
| 5741 Deauville Cir Unit F108 Naples, FL | 3.0 | 2.0 | 1427 | $3,600 | $2.52 | 24d | 1 | 0.74mi |
| 494 Saint Andrews Blvd Naples, FL | 3.0 | 2.0 | 1700 | $2,800 | $1.65 | 24d | 1 | 0.75mi |
| 5908 Cranbrook Way Unit I202 Naples, FL | 2.0 | 2.0 | 1318 | $2,500 | $1.90 | 24d | 1 | 0.76mi |
| 5595 Greenwood Cir #92 Naples, FL | 3.0 | 2.0 | 1450 | $5,000 | $3.45 | 24d | 1 | 0.77mi |
| 6254 Vista Garden Way Unit A Naples, FL | 3.0 | 2.0 | 1266 | $2,400 | $1.90 | 21d | 1 | 0.78mi |
| 3655 Amberly Cir Naples, FL | 2.0 | 2.0 | 1216 | $2,500 | $2.06 | 24d | 1 | 0.79mi |
| 3685 Amberly Cir Unit D305 Naples, FL | 2.0 | 2.0 | 1320 | $5,100 | $3.86 | 24d | 1 | 0.81mi |
| 5499 Rattlesnake Hammock Rd Naples, FL | 2.0 | 2.0 | 1071 | $1,775 | $1.66 | 14d | 2 | 0.82mi |
| 5754 Deauville Cir Unit E104 Naples, FL | 1.0 | 2.0 | 1209 | $1,190 | $0.98 | 24d | 1 | 0.84mi |
| 5708 Deauville Cir Unit 308 Naples, FL | 3.0 | 2.0 | 1500 | $4,500 | $3.00 | 24d | 1 | 0.85mi |
| 452 Bristle Cone Ln #27 Naples, FL | 2.0 | 2.0 | 1129 | $2,000 | $1.77 | 24d | 1 | 0.87mi |
| 3650 Sunset Blvd Naples, FL | 3.0 | 3.5 | 1728 | $4,950 | $2.86 | 24d | 1 | 0.88mi |
HOA detail condo
- Monthly dues
- $1,032 · $12,384/yr
- Likely covers
- electriclandscapingpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 29 events
-
2026-06-08status $229,100 Pending 10 DOM
-
2026-06-07days on market $229,100 Active 10 DOM
-
2026-06-03days on market $229,100 Active 6 DOM
-
2026-06-02days on market $229,100 Active 5 DOM
-
2026-06-01days on market $229,100 Active 4 DOM
-
2026-05-31days on market $229,100 Active 3 DOM
-
2026-05-30days on market $229,100 Active 2 DOM
-
2026-04-23price $229,000
-
2026-04-07$2,200
-
2026-02-20price $244,000
-
2026-01-17$249,000 Active
-
2025-10-11historical $2,100
-
2025-10-08$2,100
-
2024-07-18historical $2,400
-
2024-05-23$2,400
-
2016-06-22price $155,000 769-char remark
Show marketing remark (769 chars)
Outstanding opportunity to own in Lely Country Club. This stunning over 1419 square foot 2 bedroom 2 bath unit plus a large open loft. There are 2 lanais - both upstairs and down with electric storm shutters. Private landscaped views. Unit has new carpet. Boasts nice granite counter tops in kitchen with wood cabinets and new high end stainless steel appliances. Recently painted. New HVAC system. New Roof. New exterior paint. New window treatments. Parking lot newly paved. Centrally located between 5th Ave Naples & the beaches and Marco Island. Heated Community pool that has been freshly painted. There are numerous golf courses in the area. Open grassy areas for pets to play and mature landscaping. Two pets Allowed. Seller Leaseback possible. A Must See.
-
2016-06-22$169,000 Active 769-char remark
Show marketing remark (769 chars)
Outstanding opportunity to own in Lely Country Club. This stunning over 1419 square foot 2 bedroom 2 bath unit plus a large open loft. There are 2 lanais - both upstairs and down with electric storm shutters. Private landscaped views. Unit has new carpet. Boasts nice granite counter tops in kitchen with wood cabinets and new high end stainless steel appliances. Recently painted. New HVAC system. New Roof. New exterior paint. New window treatments. Parking lot newly paved. Centrally located between 5th Ave Naples & the beaches and Marco Island. Heated Community pool that has been freshly painted. There are numerous golf courses in the area. Open grassy areas for pets to play and mature landscaping. Two pets Allowed. Seller Leaseback possible. A Must See.
-
2016-06-13soldstatus $155,000
-
2016-06-10soldstatus $155,000 Sold 769-char remark
Show marketing remark (769 chars)
Outstanding opportunity to own in Lely Country Club. This stunning over 1419 square foot 2 bedroom 2 bath unit plus a large open loft. There are 2 lanais - both upstairs and down with electric storm shutters. Private landscaped views. Unit has new carpet. Boasts nice granite counter tops in kitchen with wood cabinets and new high end stainless steel appliances. Recently painted. New HVAC system. New Roof. New exterior paint. New window treatments. Parking lot newly paved. Centrally located between 5th Ave Naples & the beaches and Marco Island. Heated Community pool that has been freshly painted. There are numerous golf courses in the area. Open grassy areas for pets to play and mature landscaping. Two pets Allowed. Seller Leaseback possible. A Must See.
-
2016-06-10price $169,000 769-char remark
Show marketing remark (769 chars)
Outstanding opportunity to own in Lely Country Club. This stunning over 1419 square foot 2 bedroom 2 bath unit plus a large open loft. There are 2 lanais - both upstairs and down with electric storm shutters. Private landscaped views. Unit has new carpet. Boasts nice granite counter tops in kitchen with wood cabinets and new high end stainless steel appliances. Recently painted. New HVAC system. New Roof. New exterior paint. New window treatments. Parking lot newly paved. Centrally located between 5th Ave Naples & the beaches and Marco Island. Heated Community pool that has been freshly painted. There are numerous golf courses in the area. Open grassy areas for pets to play and mature landscaping. Two pets Allowed. Seller Leaseback possible. A Must See.
-
2015-09-11price $119,500 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
-
2015-09-11soldstatus $119,500 Sold 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
-
2015-08-24historical 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
-
2015-08-24price $124,900 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
-
2015-08-14price $124,900 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
-
2015-07-14$135,500 Active 436-char remark
Show marketing remark (436 chars)
Great opportunity to own a in Lely Country Club. This over 1419 square foot 2 bedroom 2 bath unit with loft and 2 lanais has a landscaped view. Unit has new carpet and recently painted, as well as a new HVAC system. Centrally located between Naples and Marco Island beaches. Community pool included and numerous golf courses in the area. This Home is a Fannie Mae HomePath property, please visit the HomePath.com for additional details.
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2012-05-25historical
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2012-05-14$79,900
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1997-02-20soldstatus $60,000
ⓘ 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
- $2,565 · $214/mo
- Projected year-2 tax
- $2,565 · $214/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 7/10 Severe FEMA zone X (shaded) · 74% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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
- $39,577
- − Mortgage interest
- −$12,833
- − Property taxes
- −$2,565
- − Insurance
- −$1,943
- − Repairs & maintenance
- −$3,166
- − Management
- −$3,166
- − HOA
- −$12,384
- − Depreciation
- −$6,665
- Taxable loss
- −$3,145
- Est. tax savings @ 24.0%
- +$755
- After-tax cash flow
- $712/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 — Lely
- Score
- 66/100
- State rank
- #586
- US rank
- #11224
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lely, FL
- County
- Collier County · 396,295 people
- Metro
- Naples-Marco Island, FL
- Population (ZIP)
- 26,056
- Household income
- $81,674
- Rent vs Own
- Severe rent burden
- 954.0
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
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 56% Hispanic / Latino 28% Black 12% Two or more races 11% Asian 2%
- Hispanic origin (detail)
- Mexican 17% Puerto Rican 3% Cuban 2%
- Common ancestry
- Hispanic 10% Romanian 3% Lithuanian 2%
- Foreign-born
- 26% · Canada, Jamaica, Vietnam
- Languages at home
- 63% English-only · Spanish 24% French/Haitian/Cajun 9% Other Indo-European 2%
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
- ▼ -194.86%
- Current HPI
- 279.4232
- Rent YoY
- ▲ 5.59%
- 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 |
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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
+281.7% since first listed22 events — show timeline
- 2026-04-23 Price Changed $229,000 NAPLESMLS
- 2026-04-07 Listed for Rent $2,200 FGCMLS
- 2026-02-20 Price Changed $244,000 NAPLESMLS
- 2026-01-17 Listed $249,000 NAPLESMLS
- 2025-10-11 Rental Removed $2,100 NAPLESMLS
- 2025-10-08 Listed for Rent $2,100 NAPLESMLS
- 2024-07-18 Rental Removed $2,400 NAPLESMLS
- 2024-05-23 Listed for Rent $2,400 NAPLESMLS
- 2016-06-22 Price Changed $155,000 NAPLESMLS
- 2016-06-22 Listed $169,000 NAPLESMLS
- 2016-06-13 Sold (Public Records) $155,000 Public Records
- 2016-06-10 Price Changed $169,000 NAPLESMLS
- 2016-06-10 Sold (MLS) $155,000 NAPLESMLS
- 2015-09-11 Price Changed $119,500 NAPLESMLS
- 2015-09-11 Sold (MLS) $119,500 NAPLESMLS
- 2015-08-24 Price Changed $124,900 NAPLESMLS
- 2015-08-24 Listing Removed — NAPLESMLS
- 2015-08-14 Price Changed $124,900 NAPLESMLS
- 2015-07-14 Listed $135,500 NAPLESMLS
- 2012-05-25 Listing Removed — NAPLESMLS
- 2012-05-14 Listed $79,900 NAPLESMLS
- 1997-02-20 Sold (Public Records) $60,000 Public Records
Property tax history
+8.0%/yrLatest (2025): $2,565 · +7.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…