tomo logo

$650,000

Beds
2
Baths
2.0
sq ft
926

1061 Michigan Ave, Naples, FL 34103

1061 Michigan Ave

NAPLES, FL 34103

  • 134 days on market
Discover Your Perfect Getaway in Naples, Florida! Welcome to your dream retreat! This charming 2 bed, 2 bath mid-century Naples cottage is an oasis just 1 mile from the pristine white sands of the Gulf of Mexico. Step into this immaculate open-concept home where every detail has been meticulously attended to. The updated kitchen boasts stainless steel appliances, Spanish tile, and ceiling fans to keep you comfortable year-round. Key features include a prime location: Only 1 mile from the Gulf of Mexico's white sandy beaches. Your beach body is just a short walk away—no car required! You get a spacious open concept, and an immaculate and inviting atmosphere, perfect for practicing your HGTV home tour skills. You have an updated kitchen featuring a stainless steel stove, refrigerator, and Spanish tile flooring—because who doesn’t want to cook with style? Don't forget the outdoor oasis: well-maintained landscaping, plenty of parking, and a spacious backyard perfect for gatherings or serene relaxation. Great for those “accidental” Instagram photo shoots. It is extremely convenient: close to grocery stores, coffee shops, restaurants, churches, and entertainment options. Forget something? It’s probably within walking distance. The proximity to downtown is highly desirable: just minutes from Downtown 5th Ave and some of the best sandy beaches in the country. Your social calendar just got a whole lot busier. Notable Places Nearby: Naples Botanical Garden: A beautiful 170-acre garden showcasing tropical and subtropical plants from around the world. Perfect for when you need a break from your perfectly landscaped backyard. Corkscrew Swamp Sanctuary: Explore this 13,000-acre preserve with a 2.25-mile boardwalk through pine flatwoods, wet prairie, and marshlands. Nature is calling, and you’re going to want to answer. Revs Institute: A museum dedicated to the preservation of automotive history with over 100 rare cars on display. A car lover’s dream and a great place to take that one friend who thinks they’re a race car driver. Shopping and Dining: Close to the best shopping and dining options in Naples, making it a haven for gourmands and fashion enthusiasts alike. This beautiful cottage is waiting for your personal touches. With HVAC installed in 2010, a water heater from 2010, a new roof in 2023, and an updated electrical system from 2016, all the major work has been done for you. Plus, a 4-point inspection was completed in June 2024 for your peace of mind. Don't miss out on this fantastic opportunity to invest in a winter retreat or a lucrative rental property. Come take a break and place your feet in the sand today!

Details

Property type

Single Family Residence

Est. home value

$687,137

Lot size

6,534 sq ft

Price per sq ft

$702

Year built

1956

Annual property taxes

$1,901.93

HOA

No

Price History

07/12/2024

FGCMLS #224058585

Listed
$650,000
+209.52%
06/01/2016

FGCMLS #216012518

Sold
$210,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$431,447
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$166,553
Cash to seller
$431,447

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2016

Original loan amount

$203,700

Est. remaining balance

$166,553

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Thelma A Haynes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 12:35 AM

Listing updated: 09/30/2024 at 2:41 PM

Listed by: Matthew Craig, EXIT Realty of Naples Phone #: (239) 331-5656

MLS: FGCMLS #224058585

FGCMLS logo

Recently listed in NAPLES

$525,000|3 bd|2.0 ba|House
$1,950,000|3 bd|4.0 ba|House
$1,132,272|3 bd|3.5 ba|House
$569,000|3 bd|3.0 ba|House