138 Clyburn Way W Unit I2 · Marco Island, FL 34145

$339,000

2 bd · 1.5 ba · 1,046 sqft · Condo public records · 57 Days on market

Built 1985 $833/mo HOA · 20% of rent

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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 +19.8/30.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• Schools +5.0/10.0
• Rent growth +4.1/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Townhouse in San Marco Villas! Enjoy the comfort and privacy of this well maintained townhouse on Marco Island, nestled within a neighborhood of single-family homes. Offered turnkey furnished, this residence is ready for immediate enjoyment or rental opportunity. Inside, you'll find a tasteful blend of tile and bamboo flooring, an updated kitchen, and a spa-like remodeled tiled shower with multiple jets. The home features 2 bedrooms, impact windows and doors, large windows bringing in natural light, and a screened-in lanai--perfect for relaxing and enjoying the Florida lifestyle. Recent improvements include new roofs and exterior paint, adding peace of mind for years to come. Residents also enjoy access to a community pool and spa, enhanced with new lounge chairs and tables, creating a welcoming space to unwind. Whether you're searching for a full-time home, seasonal retreat, or investment property, this San Marco Villas townhouse offers the perfect combination of comfort, convenience, and island living. San Marco Villas are located in the center of the Island near the County Library, YMCA, Racquet Club, walking & bike trails, Mackle Park and the Marco Island Historical Society. Resident's Beach is just up the road boasting its wide, white sand beach, tiki huts, Paradise Grill and more!

Key facts

• Turnkey furnished
• New roofs
• Screened-in lanai

Tags

• TURNKEY FURNISHED
• UPDATED KITCHEN
• REMODELED TILED SHOWER
• IMPACT WINDOWS AND DOORS
• SCREENED-IN LANAI
• NEW ROOFS

Property features AI

Finance

• Other: Unit is one of 148 units in the complex and 8 units in the building; Building has 2 floors; one unit per floor noted; Subdivision number 798300
• HOA & community: Quarterly condo fee ($2,500); Professional management; Community pool and spa/hot tub; Community is non-gated; Maintenance covers cable, insurance, internet/WiFi, irrigation water, lawn/land maintenance, legal/accounting, manager, exterior pest control, reserves, and trash removal; Total annual recurring fees approximately $10,000; one-time fees approximately $150

Exterior

• Parking: 2 assigned parking spaces; Assigned parking number available; guest parking permitted
• Security: Impact resistant doors and windows; Smoke detectors
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential townhouse; 2-story; Rear exposure faces NW; Located in MARCO ISLAND / SAN MARCO VILLAS
• Construction: Concrete block construction; Built in 1985
• Exterior features: Stucco exterior; Tile roof; Impact resistant windows and doors; Picture windows; Zero lot line; Central irrigation; Landscaped area view; Paved road access; No RV allowed

Interior

• Kitchen: Pantry; Dishwasher; Disposal; Microwave; Range; Refrigerator/Freezer; Self-cleaning oven
• Bedrooms: 2 bedrooms; Master bedroom upstairs; Split bedroom layout
• Flooring: Tile flooring; Wood flooring
• Bathrooms: 1 full bathroom; 1 half bathroom; Master bath with shower (no tub)
• Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans (3)
• Interior features: High-speed internet available; Pantry; Smoke detectors; Window coverings; Breakfast bar and breakfast room; Screened lanai/porch; Turnkey/furnished
• Laundry & utility: Washer and dryer in residence; Laundry in residence

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $339k.

Deal economics

• At list price, monthly cash flow is $339 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $339k).
• Recommended offer: $329k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#404 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, health & safety A+; Watch: amenities F, commute F, cost of living 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.
• Zoned schools: Tommie Barfield Elementary School (math 84% / reading 75%, grade A, #116 of 2,144 statewide, top 6%, 464 students, 30% FRL) — zoned schools average 30% FRL vs 55% district-wide (25 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 80% at this address vs 58% district-wide (+22 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+6.6%/yr); 690 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.
• At projected returns (-3.0% appreciation + 6.6% rent growth), your $95k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($329k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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 $137k; list at $339k implies a 147% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $328,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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 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: 1.26% ✓
• Cap rate: 7.73%
• Cash-on-cash: 5.12%
• DSCR: 1.23
• GRM: 6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.59% rent growth · sell at horizon

5-year hold

• IRR: -4.5%
• Equity multiple: 0.82×
• Total profit: $-16,890
• Equity at exit: $50,546

10-year hold

• IRR: 9.7%
• Equity multiple: 1.90×
• Total profit: $85,663
• Equity at exit: $29,311

Cash invested: $94,920 (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 34145

• Rents YoY: 6.6%
• Active inventory: 690
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $4,270 medium
• Mortgage (P&I): −$1,778
• Tax from tax record: −$216 /mo · $2,593/yr
• Insurance: −$141
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$833
• Vacancy / Maint / Mgmt: −$897
• Net cashflow: $339

Break-even live

Break-even rent $3,841

Max offer price $339,000

Occupancy floor 87%

Sensitivity live

Price	-10% $531	-5% $435	+0% $339	+5% $243	+10% $147
Rent	-10% $1	-5% $170	+0% $339	+5% $507	+10% $676
Rate	-1.0pp $509	-0.5pp $425	base $339	+0.5pp $251	+1.0pp $162

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: $84,750
• Closing costs: $10,170
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
68 Marco Villas Dr Unit R-5 Marco Island, FL	2.0	2.5	1046	$4,750	$4.54	24d	1	0.02mi
146 Clyburn St Unit I-6 Marco Island, FL	2.0	2.5	1046	$2,000	$1.91	24d	1	0.04mi
69 Marco Villas E Unit 1546079P Marco Island, FL	2.0	1.0	1151	$3,122	$2.71	15d	1	0.06mi
1533 San Marco Rd Marco Island, FL	2.0	2.0	1189	$7,500	$6.31	24d	1	0.41mi
324 Waterleaf Ct Marco Island, FL	3.0	2.0	1288	$13,500	$10.48	24d	1	0.90mi
261 S Collier Blvd #309 Marco Island, FL	2.0	2.0	1000	$6,200	$6.20	24d	1	0.94mi
201 S Collier Blvd Unit 3-102 Marco Island, FL	2.0	2.0	808	$5,500	$6.81	24d	1	0.97mi
762 San Marco Rd Unit 4-108 Marco Island, FL	2.0	2.0	814	$4,500	$5.53	24d	1	1.08mi
87 N Collier Blvd Unit J16 Marco Island, FL	2.0	1.5	787	$5,550	$7.05	15d	1	1.13mi
87 N Collier Blvd Marco Island, FL	1.0–2.0	1.0–1.5	663	$5,550	$8.36	24d	3	1.15mi
167 N Collier Blvd Marco Island, FL	2.0	1.0	555	$2,100	$3.78	15d	2	1.17mi
690 Amber Dr Marco Island, FL	3.0	2.0	1499	$8,000	$5.34	24d	1	1.22mi
130 N Collier Blvd Unit A6 Marco Island, FL	2.0	1.0	704	$1,900	$2.70	24d	1	1.23mi
58 N Collier Blvd Marco Island, FL	2.0	2.0	1071	$9,750	$9.10	24d	2	1.24mi
100 N Collier Blvd Marco Island, FL	2.0	2.0	1445	$11,750	$8.13	24d	2	1.30mi
140 Seaview Ct Unit 902S Marco Island, FL	2.0	2.0	837	$9,000	$10.75	24d	1	1.32mi
180 Seaview Ct Marco Island, FL	1.0–2.0	1.5–2.0	721	$4,500	$6.24	24d	2	1.41mi
860 Panama Ct #205 Marco Island, FL	2.0	2.0	1210	$2,500	$2.07	24d	1	1.45mi
240 Seaview Ct #413 Marco Island, FL	1.0	1.0	750	$6,500	$8.67	24d	1	1.48mi
651 Seaview Ct Unit B207 Marco Island, FL	2.0	2.0	1075	$6,000	$5.58	24d	1	1.49mi
900 Collier Ct #406 Marco Island, FL	2.0	2.0	1158	$8,500	$7.34	24d	1	1.50mi

HOA detail condo

• Monthly dues: $833 · $9,996/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-06-21
   days on market $339,000 Active 57 DOM
2. 2026-06-18
   days on market $339,000 Active 54 DOM
3. 2026-06-17
   days on market $339,000 Active 53 DOM
4. 2026-06-16
   days on market $339,000 Active 52 DOM
5. 2026-06-15
   days on market $339,000 Active 51 DOM
6. 2026-06-14
   days on market $339,000 Active 49 DOM
7. 2026-06-10
   days on market $339,000 Active 46 DOM
8. 2026-06-09
   days on market $339,000 Active 45 DOM
9. 2026-06-08
   days on market $339,000 Active 44 DOM
10. 2026-06-07
    days on market $339,000 Active 43 DOM
11. 2026-06-03
    days on market $339,000 Active 39 DOM
12. 2026-06-02
    days on market $339,000 Active 38 DOM
13. 2026-06-01
    days on market $339,000 Active 37 DOM
14. 2026-05-31
    days on market $339,000 Active 36 DOM
15. 2026-05-30
    days on market $339,000 Active 35 DOM
16. 2026-04-25
    listed $339,000 Active

    Show marketing remark (1320 chars)

    Charming Townhouse in San Marco Villas! Enjoy the comfort and privacy of this well maintained townhouse on Marco Island, nestled within a neighborhood of single-family homes. Offered turnkey furnished, this residence is ready for immediate enjoyment or rental opportunity. Inside, you'll find a tasteful blend of tile and bamboo flooring, an updated kitchen, and a spa-like remodeled tiled shower with multiple jets. The home features 2 bedrooms, impact windows and doors, large windows bringing in natural light, and a screened-in lanai--perfect for relaxing and enjoying the Florida lifestyle. Recent improvements include new roofs and exterior paint, adding peace of mind for years to come. Residents also enjoy access to a community pool and spa, enhanced with new lounge chairs and tables, creating a welcoming space to unwind. Whether you're searching for a full-time home, seasonal retreat, or investment property, this San Marco Villas townhouse offers the perfect combination of comfort, convenience, and island living. San Marco Villas are located in the center of the Island near the County Library, YMCA, Racquet Club, walking & bike trails, Mackle Park and the Marco Island Historical Society. Resident's Beach is just up the road boasting its wide, white sand beach, tiki huts, Paradise Grill and more!

17. 2026-04-25
    listed $339,000 Active 1320-char remark

    Show marketing remark (1320 chars)

    Charming Townhouse in San Marco Villas! Enjoy the comfort and privacy of this well maintained townhouse on Marco Island, nestled within a neighborhood of single-family homes. Offered turnkey furnished, this residence is ready for immediate enjoyment or rental opportunity. Inside, you'll find a tasteful blend of tile and bamboo flooring, an updated kitchen, and a spa-like remodeled tiled shower with multiple jets. The home features 2 bedrooms, impact windows and doors, large windows bringing in natural light, and a screened-in lanai--perfect for relaxing and enjoying the Florida lifestyle. Recent improvements include new roofs and exterior paint, adding peace of mind for years to come. Residents also enjoy access to a community pool and spa, enhanced with new lounge chairs and tables, creating a welcoming space to unwind. Whether you're searching for a full-time home, seasonal retreat, or investment property, this San Marco Villas townhouse offers the perfect combination of comfort, convenience, and island living. San Marco Villas are located in the center of the Island near the County Library, YMCA, Racquet Club, walking & bike trails, Mackle Park and the Marco Island Historical Society. Resident's Beach is just up the road boasting its wide, white sand beach, tiki huts, Paradise Grill and more!

18. 2012-04-17
    soldstatus $137,000
19. 2012-01-09
    historical
20. 2011-12-29
    listed $140,000
21. 2011-04-15
    listed $140,000
22. 2005-10-14
    soldstatus $315,000
23. 2003-10-22
    soldstatus $178,000
24. 1993-10-18
    soldstatus $78,000
25. 1989-10-01
    soldstatus $84,500

ⓘ 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: $2,593 · $216/mo
• Projected year-2 tax: $2,814 · $234/mo
• Expected delta: +$220/yr (+$18/mo · 8.5%)

ⓘ 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) · 75% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $51,240
• − Mortgage interest: −$18,989
• − Property taxes: −$2,593
• − Insurance: −$2,492
• − Repairs & maintenance: −$4,099
• − Management: −$4,099
• − HOA: −$9,996
• − Depreciation: −$9,862
• Taxable loss: −$891
• Est. tax savings @ 24.0%: +$214
• After-tax cash flow: $4,279/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: 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 — Marco Island

• Score: 71/100
• State rank: #404
• US rank: #7149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marco Island, FL
• County: Collier County · 396,295 people
• City population: 16,205
• Metro: Naples-Marco Island, FL
• Population (ZIP): 16,205
• Household income: $101,523
• Rent vs Own: 10.6% rent · 89.4% own
• Severe rent burden: 314.0

Population outlook (Collier County) Hauer SSP2

• Today (2025): 420,858 people
• By 2030: 450,054 · +6.9%
• By 2040: 502,232 · +19.3%
• By 2050: 544,932 · +29.5%
• By 2075: 627,203 · +49.0%
• By 2100: 659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 7% Two or more races 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 1% Cuban 2%
• Common ancestry: Romanian 5% Lithuanian 2% Slovak 2%
• Foreign-born: 9% · Canada
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

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: ▼ -374.55%
• Current HPI: 284.7538
• Rent YoY: ▲ 6.59%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+301.2% since first listed

10 events — show timeline

• 2026-04-25 Listed $339,000 MIML
• 2026-04-25 Listed $339,000 NAPLESMLS
• 2012-04-17 Sold (Public Records) $137,000 Public Records
• 2012-01-09 Listing Removed — NAPLESMLS
• 2011-12-29 Listed $140,000 NAPLESMLS
• 2011-04-15 Listed $140,000 NAPLESMLS
• 2005-10-14 Sold (Public Records) $315,000 Public Records
• 2003-10-22 Sold (Public Records) $178,000 Public Records
• 1993-10-18 Sold (Public Records) $78,000 Public Records
• 1989-10-01 Sold (Public Records) $84,500 Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,593 · +9.2% YoY. Source: county tax records.