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10124 Colonial Country Club Blvd #503
A- Composite 80.07
Why this score? — see what drove the A- 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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.4/10.0
  • Livability +4.3/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.6/5.0
  • Appreciation +0.0/10.0

$200,000

10124 Colonial Country Club Blvd #503 · Fort Myers, FL 33913
2 bd · 2.0 ba · 1,309 sqft · Condo public records · 295 Days on market
Built 2004 Good condition $153/sqft · 26% below area Est $270k · 26% under $841/mo HOA · 20% of rent

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

Listing remarks MLS

This Garden Lakes condo in Colonial Country Club has a superb waterfront setting. The second floor 2 bedroom, 2 bath unit is located on a small lake and next to the community pool. It is turnkey furnished with high quality furniture and has been impeccably maintained. There is a one car carport plus storage along with guest parking spaces. The Country Club offers pay as you play golf clubhouse dining, tennis, fitness center and challenging walking trails.

Key facts

  • Gated community
  • Covered carport
  • Association pool

Tags

GATED COMMUNITYPRIVATE ALL SEASON LANAITROPICAL LAKE VIEWSCOVERED CARPORTPRIVATE STORAGE CLOSETASSOCIATION POOL

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $200k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $786 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $200k).
  • Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.6% vs local median 2.7% 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: 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 flat; 1225 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 33d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • At $4,258/mo this rent would consume 46% of the median local household income ($110k/yr) — 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 $1k of loan paydown is wiped out by about $6k 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 295 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 9y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $163k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $176,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 295 days. Have you received any prior offers? Is the seller open to a 12% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
2.13% ✓
Cap rate
13.57%
Cash-on-cash
25.99%
DSCR
2.16
GRM
3.9

CMA / ARV

ARV (median comp)
$270,271
List price
$200,000
Delta
-26.00%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10134 Colonial Country Club Blvd #904 0.13mi 2/2.0 1,209 (-8%) 1mo $230,000 $190 81
11104 Yellow Poplar Dr 0.23mi 3/2.0 (+1) 1,283 (-2%) 2mo $300,000 $234 80
10523 Diamante Way 0.51mi 2/2.0 1,355 (+4%) 1mo $255,000 $188 70
10695 Camarelle Cir 0.48mi 2/2.0 1,227 (-6%) 1mo $322,500 $263 66
10109 Colonial Country Club Blvd #2404 0.21mi 2/2.0 1,116 (-15%) 0mo $172,000 $154 65
10720 Ravenna Way W #205 1.33mi 2/2.0 1,283 (-2%) 0mo $248,500 $194 61
10550 Amiata Way #303 1.18mi 2/2.0 1,248 (-5%) 1mo $220,000 $176 57
10663 Avila Cir 0.60mi 2/2.0 1,466 (+12%) 0mo $340,000 $232 52
10791 Palazzo Way #101 0.95mi 3/2.0 (+1) 1,390 (+6%) 1mo $292,000 $210 49
10710 Ravenna Way #201 1.32mi 3/2.0 (+1) 1,396 (+7%) 1mo $240,000 $172 48
10720 Ravenna Way #201 1.33mi 3/2.0 (+1) 1,396 (+7%) 1mo $285,000 $204 48
10017 Sky View Way #1506 0.61mi 2/2.0 1,554 (+19%) 1mo $270,000 $174 46

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

Projected returns pro-forma

-3.0% appreciation · 0.37% rent growth · sell at horizon

5-year hold
IRR
3.6%
Equity multiple
1.13×
Total profit
$7,500
Equity at exit
$29,821
10-year hold
IRR
9.0%
Equity multiple
1.56×
Total profit
$31,532
Equity at exit
$17,292

Cash invested: $56,000 (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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Active competition Active MLS

For sale now
2 active · 6 under contract
Median asking
$257,450 ($202/sqft)
Median days on market
121 d
This list price
lowest-priced of the active set
ARV vs active asking
+2.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33913

Home prices YoY
-10.3%
Rents YoY
0.4%
Active inventory
1225
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$4,258 high interval (Pro) →
Mortgage (P&I)
−$1,049
Tax from tax record
−$178 /mo · $2,131/yr
Insurance
−$83
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
−$841
Vacancy / Maint / Mgmt
−$894
Net cashflow
$786

Break-even live

Break-even rent $3,262
Max offer price $200,000
Occupancy floor 77%

Sensitivity live

Price -10% $900 -5% $843 +0% $786 +5% $730 +10% $673
Rent -10% $450 -5% $618 +0% $786 +5% $955 +10% $1,123
Rate -1.0pp $887 -0.5pp $837 base $786 +0.5pp $735 +1.0pp $682

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
$50,000
Closing costs
$6,000
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10128 Colonial Country Club Blvd #604 Fort Myers, FL 2.0 2.0 1116 $4,800 $4.30 10d 1 0.04mi
10128 Colonial Country Club Blvd #604 Fort Myers, FL 2.0 2.0 1116 $4,800 $4.30 15d 1 0.04mi
10128 Colonial Country Club Blvd #602 Fort Myers, FL 2.0 2.0 1530 $4,600 $3.01 164d 1 0.04mi
10125 Colonial Country Club Blvd Fort Myers, FL 2.0 2.0 1116 $2,800 $2.51 10d 1 0.06mi
10121 Colonial Country Club Blvd #1802 Fort Myers, FL 2.0 2.0 1530 $4,800 $3.14 10d 1 0.06mi
10121 Colonial Country Club Blvd #1802 Fort Myers, FL 2.0 2.0 1530 $4,800 $3.14 43d 1 0.06mi
10130 Colonial Country Club Blvd Fort Myers, FL 2.0 2.0 1212 $4,800 $3.96 17d 2 0.07mi
10130 Colonial Country Club Blvd Fort Myers, FL 2.0 2.0 1212 $4,800 $3.96 18d 2 0.07mi
10116 Colonial Country Club Blvd #306 Fort Myers, FL 2.0 2.0 1116 $4,800 $4.30 31d 1 0.07mi
10116 Colonial Country Club Blvd #306 Fort Myers, FL 2.0 2.0 1116 $4,800 $4.30 10d 1 0.07mi
10130 Colonial Country Club Blvd #707 Fort Myers, FL 2.0 2.0 1116 $4,900 $4.39 164d 1 0.07mi
10112 Colonial Country Club Blvd #209 Fort Myers, FL 2.0 2.0 1530 $5,000 $3.27 164d 1 0.10mi
10112 Colonial Country Club Blvd #209 Fort Myers, FL 2.0 2.0 1530 $5,000 $3.27 10d 1 0.10mi
10115 Colonial Country Club Blvd #2102 Fort Myers, FL 2.0 2.0 1530 $4,700 $3.07 15d 1 0.12mi
10115 Colonial Country Club Blvd #2102 Fort Myers, FL 2.0 2.0 1530 $4,700 $3.07 10d 1 0.12mi
10115 Colonial Country Club Blvd #2108 Fort Myers, FL 2.0 2.0 1309 $2,900 $2.22 110d 1 0.12mi
11029 Mill Creek Way #405 Fort Myers, FL 2.0 2.0 1749 $2,500 $1.43 110d 1 0.12mi
11029 Mill Creek Way #405 Fort Myers, FL 2.0 2.0 1749 $2,500 $1.43 164d 1 0.12mi
10113 Colonial Country Club Blvd #2205 Fort Myers, FL 2.0 2.0 1309 $4,700 $3.59 18d 1 0.13mi
11031 Mill Creek Way #306 Fort Myers, FL 2.0 2.0 1385 $5,600 $4.04 110d 1 0.14mi
11033 Mill Creek Way #202 Fort Myers, FL 2.0 2.0 1379 $5,400 $3.92 10d 1 0.16mi
11033 Mill Creek Way #202 Fort Myers, FL 2.0 2.0 1379 $5,400 $3.92 164d 1 0.16mi
11015 Mill Creek Way #1108 Fort Myers, FL 2.0 2.0 1656 $5,300 $3.20 32d 1 0.16mi
10111 Colonial Country Club Blvd #2308 Fort Myers, FL 2.0 2.0 1309 $2,000 $1.53 152d 1 0.17mi
11012 Mill Creek Way #2205 Fort Myers, FL 2.0 2.0 1749 $5,500 $3.14 10d 1 0.18mi
10020 Horse Creek Rd Fort Myers, FL 2.0 2.0 1692 $2,500 $1.48 164d 1 0.19mi
10020 Horse Creek Rd Fort Myers, FL 2.0 2.0 1692 $2,500 $1.48 10d 1 0.19mi
11075 Lancewood St Fort Myers, FL 3.0 2.0 1575 $2,300 $1.46 157d 1 0.19mi
11075 Lancewood St Fort Myers, FL 3.0 2.0 1575 $2,300 $1.46 164d 1 0.19mi
10139 Colonial Country Club Blvd #1010 Fort Myers, FL 2.0 2.0 1331 $5,000 $3.76 55d 1 0.21mi
10139 Colonial Country Club Blvd Fort Myers, FL 2.0 2.0 1223 $4,750 $3.88 10d 2 0.21mi
10139 Colonial Country Club Blvd Fort Myers, FL 2.0 2.0 1223 $4,750 $3.88 51d 2 0.21mi
11011 Mill Creek Way #1307 Fort Myers, FL 2.0 2.0 1379 $5,500 $3.99 10d 1 0.22mi
11011 Mill Creek Way #1307 Fort Myers, FL 2.0 2.0 1379 $5,000 $3.63 164d 1 0.22mi
11011 Mill Creek Way #1306 Fort Myers, FL 2.0 2.0 1385 $5,600 $4.04 10d 1 0.22mi
10324 Barberry Ln Fort Myers, FL 3.0 2.0 1575 $2,400 $1.52 10d 1 0.26mi
10324 Barberry Ln Fort Myers, FL 3.0 2.0 1575 $2,400 $1.52 22d 1 0.26mi
11004 Mill Creek Way #1905 Fort Myers, FL 3.0 2.0 1857 $2,300 $1.24 43d 1 0.30mi
10280 Crepe Jasmine Ln Unit 1546286P Fort Myers, FL 3.0 2.0 1571 $4,526 $2.88 157d 1 0.34mi
9964 Horse Creek Rd Fort Myers, FL 3.0 2.0 1514 $6,650 $4.39 32d 1 0.37mi

Property features AI

Other

Location & access
Must enter Colonial Country Club off Colonial Blvd and check in at the guard house; have ID readySubdivision number P4

Finance

HOA & community
Mandatory HOAHOA fee $1,050 quarterlyMaster HOA fee $5,897 annuallyTotal annual recurring fees $11,125Total one-time fees $4,850Professional managementHOA maintenance covers cable, golf course, insurance, internet/WiFi, irrigation water, lawn/land maintenance, legal/accounting, manager, pest control (interior & exterior), repairs, security, sewer, street lights, street maintenance, trash removal, and waterCommunity amenities include clubhouse, community pool and spa, fitness center (attended), exercise room, golf course (bundled), putting green, bocce, pickleball, tennis courts, sidewalks, bike/jog path, BBQ/picnic, restaurant, business center, library, hobby room, guest rooms, shopping, underground utilities, and private membership

Exterior

Parking
1 assigned parking spaceDeeded parkingGuest parking availableDetached 1-car carport
Security
Gated community with guard house (ID required for entry)Community security included in HOA maintenance
Utilities
Central water (assessment paid)Central sewer (assessment paid)Cable availablePower: Central electric
Home design
Residential property in a low-rise (1–3) building2-story designRear exposure faces northLocated in the Colonial Country Club community (Garden Lakes sub-condo)
Construction
Built in 2004Concrete block constructionStucco exteriorTile roofSingle-hung windowsManual shutters
Exterior features
Private roadAutomatic sprinkler systemStorageLake viewZero lot lineCity-maintained paved roads and private road accessRestrictions include architectural controls, deeded restrictions, no commercial use, no RVs

Interior

Kitchen
PantryBreakfast barEat-in kitchenFamily dining areaFormal dining areaElectric cooktopDishwasherDisposalMicrowaveRefrigerator/freezerRefrigerator with icemaker
Bedrooms
2 bedroomsSplit bedroom floor plan
Flooring
CarpetTile
Bathrooms
2 full bathroomsMaster bath with dual sinks and shower (no tub)
Heating & cooling
Central electric heatCentral electric air conditioningCeiling fans
Interior features
BarBuilt-in cabinetsCable prewireFoyerHigh-speed internet availablePantrySmoke detectorsVaulted ceilingWalk-in closetGreat roomGuest bathGuest roomScreened lanai/porchTurnkey furnished
Laundry & utility
Laundry in residenceWasherDryer

HOA detail $841/mo · $10,092/yr condo

Likely covers
waterpoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-11-08
    days on market $200,000 Active 295 DOM
  2. 2026-11-07
    days on market $200,000 Active 294 DOM
  3. 2026-11-06
    days on market $200,000 Active 293 DOM
  4. 2026-11-05
    days on market $200,000 Active 292 DOM
  5. 2026-11-04
    days on market $200,000 Active 291 DOM
  6. 2026-11-01
    days on market $200,000 Active 288 DOM
  7. 2026-11-01
    days on market $200,000 Active 287 DOM
  8. 2026-10-30
    days on market $200,000 Active 286 DOM
  9. 2026-10-29
    days on market $200,000 Active 285 DOM
  10. 2026-10-28
    days on market $200,000 Active 284 DOM
  11. 2026-10-27
    days on market $200,000 Active 283 DOM
  12. 2026-10-26
    days on market $200,000 Active 282 DOM
  13. 2026-10-26
    days on market $200,000 Active 281 DOM
  14. 2026-10-23
    days on market $200,000 Active 279 DOM
  15. 2026-10-22
    days on market $200,000 Active 278 DOM
  16. 2026-10-21
    days on market $200,000 Active 277 DOM
  17. 2026-10-20
    days on market $200,000 Active 276 DOM
  18. 2026-10-19
    days on market $200,000 Active 275 DOM
  19. 2026-10-18
    days on market $200,000 Active 274 DOM
  20. 2026-10-17
    days on market $200,000 Active 273 DOM
  21. 2026-10-16
    days on market $200,000 Active 272 DOM
  22. 2026-10-15
    days on market $200,000 Active 271 DOM
  23. 2026-10-14
    days on market $200,000 Active 270 DOM
  24. 2026-10-13
    days on market $200,000 Active 269 DOM
  25. 2026-10-12
    days on market $200,000 Active 268 DOM
  26. 2026-10-11
    days on market $200,000 Active 267 DOM
  27. 2026-10-10
    days on market $200,000 Active 266 DOM
  28. 2026-10-09
    days on market $200,000 Active 265 DOM
  29. 2026-10-09
    days on market $200,000 Active 264 DOM
  30. 2026-10-07
    days on market $200,000 Active 263 DOM
  31. 2026-10-06
    days on market $200,000 Active 262 DOM
  32. 2026-10-05
    days on market $200,000 Active 261 DOM
  33. 2026-10-05
    days on market $200,000 Active 260 DOM
  34. 2026-10-04
    days on market $200,000 Active 259 DOM
  35. 2026-10-01
    days on market $200,000 Active 257 DOM
  36. 2026-09-30
    days on market $200,000 Active 256 DOM
  37. 2026-09-29
    days on market $200,000 Active 255 DOM
  38. 2026-09-27
    days on market $200,000 Active 253 DOM
  39. 2026-09-25
    days on market $200,000 Active 251 DOM
  40. 2026-09-24
    days on market $200,000 Active 250 DOM
  41. 2026-09-23
    days on market $200,000 Active 249 DOM
  42. 2026-09-22
    days on market $200,000 Active 248 DOM
  43. 2026-09-21
    days on market $200,000 Active 247 DOM
  44. 2026-09-17
    days on market $200,000 Active 243 DOM
  45. 2026-09-14
    days on market $200,000 Active 240 DOM
  46. 2026-09-13
    days on market $200,000 Active 239 DOM
  47. 2026-09-13
    days on market $200,000 Active 238 DOM
  48. 2026-09-11
    days on market $200,000 Active 237 DOM
  49. 2026-09-05
    days on market $200,000 Active 231 DOM
  50. 2026-09-04
    days on market $200,000 Active 230 DOM

ⓘ 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
$2,131 · $178/mo
Projected year-2 tax
$2,131 · $178/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 AE · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 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 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
$51,094
− Mortgage interest
−$11,203
− Property taxes
−$2,131
− Insurance
−$6,118
− Repairs & maintenance
−$4,088
− Management
−$4,088
− HOA
−$10,092
− Depreciation
−$5,818
Taxable income
$7,557
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,814
After-tax cash flow
$7,624/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.

Condition & rehab AI · 9 photos

Good 75/100 Cosmetic rehab Est. rehab $6,545–$19,635 screening

This well-maintained and updated townhouse is in good condition and ready for new owners. It offers a good balance of curb appeal and interior comfort.

Components & finishes AI

Roof asphalt shingle · good Flooring tile

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics, making the property more attractive to potential buyers and renters. ↑
  • Both Updating the flooring in the living areas — Replacing worn-out carpet with hardwood or tile flooring can increase the property's value and appeal to a broader range of buyers and renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 44/100

Zoned Schools

Elementary Manatee Elementary School F FL #1,330/2,144 Nat'l #17,190/41,679 Middle Paul Laurence Dunbar Middle School C+ FL #217/571 Nat'l #3,033/14,009 High Riverdale High School F FL #340/667 Nat'l #9,001/17,239

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
A Composite livability gradescore 86/100

Livability — Fort Myers

Score
86/100
State rank
#14
US rank
#383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fort Myers, FL
County
Lee County · 871,946 people
City population
278,598
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
31,538
Household income
$110,373
Rent vs Own
9.5% rent · 90.5% own
Severe rent burden
13% of renters

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 (74%)
Race & ethnicity
White 74% Hispanic / Latino 13% Two or more races 11% Black 5% Asian 2%
Hispanic origin (detail)
Mexican 3% Puerto Rican 3% Cuban 2%
Languages at home
84% English-only · Spanish 10% Other Indo-European 2% French/Haitian/Cajun 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
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Price history

+0.5% since first listed
15 events — show timeline
  • 2026-04-24 Price Changed $200,000 BEARMLS
  • 2026-01-17 Listed $215,000 BEARMLS
  • 2025-10-01 Price Changed $225,000 BEARMLS
  • 2025-05-18 Price Changed $235,000 BEARMLS
  • 2025-02-09 Listed $249,900 BEARMLS
  • 2017-03-30 Sold (Public Records) $163,000 Public Records
  • 2017-03-29 Price Changed $163,000 FORTMLS
  • 2017-03-27 Sold (MLS) $163,000 FORTMLS
  • 2017-03-26 Price Changed $164,900 FORTMLS
  • 2017-02-09 Pending — FORTMLS
  • 2017-02-02 Price Changed $164,900 FORTMLS
  • 2017-02-01 Listed $170,000 FORTMLS
  • 2007-05-22 Sold (Public Records) $190,000 Public Records
  • 2007-04-05 Sold (MLS) $190,000 FORTMLS
  • 2007-03-12 Price Changed $199,000 FORTMLS

Property tax history

-3.1%/yr

Latest (2025): $2,131 · -41.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…