Naples cost segregation examples

5 representative Naples-area properties run through the Cost Seg Smart engine. These aren't hypothetical, every number below comes from the same engine that produces real customer studies.

Summary table

Example Price Reclass % Y1 fed savings @ 37% Land % Recon band
Old Naples Luxury Condo
Old Naples (downtown) · CONDO · STR
$1,850,000 26.7% $91,202 50.0% B
Pelican Bay Villa
Pelican Bay / North Naples · CONDO · STR
$985,000 26.0% $70,989 25.2% B
Park Shore Gulf-Front Condo
Park Shore · CONDO · STR
$1,325,000 27.3% $66,973 50.0% A
East Naples Inland SFR Rental
Golden Gate / East Naples (inland) · SFR
$425,000 15.6% $18,662 24.0% A
Bonita Springs Master-Planned SFR STR
Bonita Springs / Estero (Lee County) · SFR · STR
$685,000 32.1% $61,931 24.0% A_low

"Recon band" reflects the engine's reconciliation factor (rf_raw): A = clean fit between component-bottom-up sum and depreciable basis; D = high cost-of-construction-vs-purchase ratio, premium land floor applied.

Old Naples Luxury Condo

Old Naples (downtown) · CONDO (short-term rental) · Built 2008 · 2200 sqft

$91,202
Year-1 federal savings @ 37%, 100% bonus
26.7%
5/7/15-yr reclass as % of depreciable basis
$925,000
Depreciable basis (50.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$185,00120.0%
7-year personal property (office equipment, certain agricultural)$4,3330.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$57,1586.2%
Total accelerated$246,49226.7%
27.5-Year Residential Real Property structure (39yr commercial)$678,50873.4%

Land allocation note

For this fixture, the engine used 50.0% land allocation from source: statistical_premium_floor. This means the engine's component-bottom-up reconstruction cost exceeded 2.0× the implied depreciable basis after subtracting land, the premium land floor was applied to keep the study within audit-defensible territory. This is common for resort-tier properties where land scarcity premiums dominate the purchase price.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.2564 (B band). Geographic factor: 0.94 (state resolver).

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Pelican Bay Villa

Pelican Bay / North Naples · CONDO (short-term rental) · Built 2005 · 1850 sqft

$70,989
Year-1 federal savings @ 37%, 100% bonus
26.0%
5/7/15-yr reclass as % of depreciable basis
$736,780
Depreciable basis (25.2% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$145,67919.8%
7-year personal property (office equipment, certain agricultural)$3,1230.4%
15-year land improvements (paving, landscaping, fencing, site lighting)$43,0605.8%
Total accelerated$191,86226.0%
27.5-Year Residential Real Property structure (39yr commercial)$544,91874.0%

Land allocation note

For this fixture, the engine used 25.2% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.3745 (B band). Geographic factor: 0.94 (state resolver).

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Park Shore Gulf-Front Condo

Park Shore · CONDO (short-term rental) · Built 2002 · 1950 sqft

$66,973
Year-1 federal savings @ 37%, 100% bonus
27.3%
5/7/15-yr reclass as % of depreciable basis
$662,500
Depreciable basis (50.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$138,97021.0%
7-year personal property (office equipment, certain agricultural)$3,0470.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$38,9905.9%
Total accelerated$181,00727.3%
27.5-Year Residential Real Property structure (39yr commercial)$481,49372.7%

Land allocation note

For this fixture, the engine used 50.0% land allocation from source: statistical_premium_floor. This means the engine's component-bottom-up reconstruction cost exceeded 2.0× the implied depreciable basis after subtracting land, the premium land floor was applied to keep the study within audit-defensible territory. This is common for resort-tier properties where land scarcity premiums dominate the purchase price.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.1401 (A band). Geographic factor: 0.94 (state resolver).

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East Naples Inland SFR Rental

Golden Gate / East Naples (inland) · SFR (long-term rental) · Built 2010 · 1850 sqft

$18,662
Year-1 federal savings @ 37%, 100% bonus
15.6%
5/7/15-yr reclass as % of depreciable basis
$323,000
Depreciable basis (24.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$22,7997.1%
7-year personal property (office equipment, certain agricultural)$00.0%
15-year land improvements (paving, landscaping, fencing, site lighting)$27,6408.6%
Total accelerated$50,43915.6%
27.5-Year Residential Real Property structure (39yr commercial)$272,56184.4%

Land allocation note

For this fixture, the engine used 24.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.92 (A band). Geographic factor: 0.94 (state resolver).

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Bonita Springs Master-Planned SFR STR

Bonita Springs / Estero (Lee County) · SFR (short-term rental) · Built 2013 · 2400 sqft

$61,931
Year-1 federal savings @ 37%, 100% bonus
32.1%
5/7/15-yr reclass as % of depreciable basis
$520,600
Depreciable basis (24.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$122,91223.6%
7-year personal property (office equipment, certain agricultural)$3,2690.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$41,2007.9%
Total accelerated$167,38132.1%
27.5-Year Residential Real Property structure (39yr commercial)$353,21967.8%

Land allocation note

For this fixture, the engine used 24.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.8327 (A_low band). Geographic factor: 0.94 (state resolver).

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