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 22.6% $77,471 50.0% B
Pelican Bay Villa
Pelican Bay / North Naples · CONDO · STR
$985,000 21.4% $58,473 25.2% B
Park Shore Gulf-Front Condo
Park Shore · CONDO · STR
$1,325,000 20.2% $74,138 25.2% D
East Naples Inland SFR Rental
Golden Gate / East Naples (inland) · SFR
$425,000 12.3% $14,722 24.0% A
Bonita Springs Master-Planned SFR STR
Bonita Springs / Estero (Lee County) · SFR · STR
$685,000 26.5% $51,098 24.0% A

"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

$77,471
Year-1 federal savings @ 37%, 100% bonus
22.6%
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)$146,17115.8%
7-year personal property (office equipment, certain agricultural)$3,9570.4%
15-year land improvements (paving, landscaping, fencing, site lighting)$59,2526.4%
Total accelerated$209,38022.6%
27.5-Year Residential Real Property structure (39yr commercial)$715,62077.4%

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 1.3545 (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

$58,473
Year-1 federal savings @ 37%, 100% bonus
21.4%
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)$110,27415.0%
7-year personal property (office equipment, certain agricultural)$2,9360.4%
15-year land improvements (paving, landscaping, fencing, site lighting)$44,8246.1%
Total accelerated$158,03421.4%
27.5-Year Residential Real Property structure (39yr commercial)$578,74678.6%

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 1.4952 (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

$74,138
Year-1 federal savings @ 37%, 100% bonus
20.2%
5/7/15-yr reclass as % of depreciable basis
$991,100
Depreciable basis (25.2% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$137,06613.8%
7-year personal property (office equipment, certain agricultural)$2,8660.3%
15-year land improvements (paving, landscaping, fencing, site lighting)$60,4426.1%
Total accelerated$200,37420.2%
27.5-Year Residential Real Property structure (39yr commercial)$790,72679.8%

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 1.8424 (D 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

$14,722
Year-1 federal savings @ 37%, 100% bonus
12.3%
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)$29,0959.0%
7-year personal property (office equipment, certain agricultural)$00.0%
15-year land improvements (paving, landscaping, fencing, site lighting)$10,6943.3%
Total accelerated$39,78912.3%
27.5-Year Residential Real Property structure (39yr commercial)$283,21187.7%

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 0.9918 (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

$51,098
Year-1 federal savings @ 37%, 100% bonus
26.5%
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)$103,48219.9%
7-year personal property (office equipment, certain agricultural)$3,1720.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$31,4506.0%
Total accelerated$138,10426.5%
27.5-Year Residential Real Property structure (39yr commercial)$382,49673.5%

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 0.9155 (A band). Geographic factor: 0.94 (state resolver).

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