For SaleRisky Deal0 days on market
20944 Island Sound CIR #305
20944 Island Sound CIR #305, ESTERO, FL 33928, Estero, FL 33928
$324,900
Listing Price
20944 Island Sound CIR #305, ESTERO, FL 33928
Loc: Estero, FL
Days Listed
0
Tax Assessed
$320k
Lot Size
0.25 acres
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Three Oaks Elementary School
PK-5
2.8 mi away
8
Three Oaks Middle School
6-8
3.7 mi away
4
Estero High School
9-12
2.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
multi-family residentialstucco exteriormoderntropical landscapingcovered parkingbalconiespalm treescondominium complexlow-risegated community vibesunnyFlorida architectureoutdoor walkways
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.83%
Total ROI
85.6%
Cash Flow
$-108/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-108/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Estero
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $324,900 | $250 |
| 2026-07-29 | Listing removed | $324,900 | $250 |
| 2026-04-29 | Listed for sale | $324,900 | $250 |
| 2019-09-30 | Sold | $180,000 | $138 |
| 2019-07-10 | Pending sale | $185,500 | $143 |
| 2019-07-01 | Listed for sale | $185,500 | $143 |
| 2019-05-31 | Listing removed | $189,900 | $146 |
| 2019-04-09 | Price change | $189,900 | $146 |
| 2019-04-01 | Pending sale | $192,500 | $148 |
| 2019-03-10 | Price change | $192,500 | $148 |
| 2019-01-29 | Listed for sale | $195,000 | $150 |
| 2018-10-23 | Listing removed | $195,000 | $150 |
| 2018-04-12 | Price change | $195,000 | $150 |
| 2017-10-31 | Listed for sale | $199,900 | $154 |
| 2017-06-29 | Listing removed | $215,000 | $165 |
| 2017-04-12 | Price change | $215,000 | $165 |
| 2017-01-31 | Price change | $225,000 | $173 |
| 2016-12-14 | Listed for sale | $228,500 | $176 |
| 2013-04-20 | Listing removed | $167,500 | $129 |
| 2013-02-05 | Price change | $167,500 | $129 |
| 2012-04-14 | Price change | $169,500 | $130 |
| 2012-04-08 | Price change | $177,000 | $136 |
| 2012-02-11 | Listed for sale | $179,000 | $138 |
| 2004-10-27 | Sold | $178,900 | $138 |
| 2003-02-06 | Sold | $166,000 | $128 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,914.12 | $257,847 |
| 2024 | $4,721.61 | $234,406 |
| 2023 | $4,617.23 | $213,096 |
| 2022 | $3,800.27 | $193,724 |
| 2021 | $3,425.26 | $176,113 |
| 2020 | $3,019.45 | $171,190 |
| 2019 | $2,942.96 | $170,383 |
| 2018 | $2,942.96 | $170,383 |
| 2017 | $2,990.85 | $173,613 |
| 2016 | $2,993.27 | $159,744 |
| 2015 | $2,839.72 | $146,500 |
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