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$1,499,000

Beds
6
Baths
3.0
sq ft
6,294

1480 39th St SW, Naples, FL 34117

1480 39th St SW

NAPLES, FL 34117

  • 116 days on market
Just Reduce and price to sale - This unique property presents a rare blend of opportunity for both residential and commercial ambitions. Approved for conditional use, as confirmed by county documentation, this space is perfectly suited for health-related facilities, churches, daycare centers, or a variety of businesses. Its standout feature is an unbeatable location on a 2.74-acre corner lot along Collier Blvd, nestled between and Green Blvd, near the healthcare network and conveniently close to I-75. This expansive property spans over 7,000 sq ft, featuring 6+ bedrooms and 6 bathrooms, making it an ideal fixer-upper project with massive potential. It includes a state-of-the-art solar system with 44 panels, generating $374/month in energy savings for the next two decades. Though currently zoned as a single-family residence, it houses multiple spaces with wet bars, offering lucrative income possibilities or the chance for comprehensive customization. While the property requires renovation, it comes with the opportunity to modify usage, explore zoning possibilities, or even add a 1,800 sq ft guest house. Sold "AS IS," and now at a reduced price, this 2.83-acre property stands as an investment opportunity that's hard to overlook.

Details

Property type

Ranch

Est. home value

$1,682,878

Lot size

2.85 acres

Price per sq ft

$239

Year built

1988

Annual property taxes

$9,373

Price History

04/12/2024
NABOR

NABOR #224023380

Price change
$1,499,000
-6.25%
03/15/2024
NABOR

NABOR #224023380

Listed
$1,599,000
-5.89%
03/11/2024
NABOR

NABOR #223066897

Removed
$1,699,000

Schools & Community

Elementary school: 

BIG CYPRESS ELEMENTARY SCHOOL

Middle school: 

OAKRIDGE MIDDLE SCHOOL

High school: 

GOLDEN GATE HIGH SCHOOL

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

$1,160,059
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$219,021
Cash to seller
$1,160,059

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

Seller’s Loan History

Lender

Prospect Mortgage Llc

Loan start date

August 2016

Original loan amount

$264,000

Est. remaining balance

$219,021

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Louisette Beauplan

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?

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Status: Active

Tomo last checked: 07/09/2024 at 3:50 PM

Listing updated: 05/22/2024 at 1:00 PM

Listed by: Diana Villarreal, Phone #: (239) 228-6242

MLS: NABOR #224023380

NABOR logo

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