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$225,000

Beds
2
Baths
2.0
sq ft
1,150

163 Palm Dr Unit 2873, Naples, FL 34112

163 Palm Dr Unit 2873

Naples, FL 34112

  • 48 days on market
    • Price drop $25,000↓
Show Your Fussiest Buyer! Investors can rent out unit anytime!BRAND NEW EVERYTHING 2 BEDROOM/ 2 BATH CONDO ON 1ST FLOOR WITH WASHER AND DRYER IN UNIT. THERE IS A CARPORT PLUS EXTRA PARKING, AND 1/2 GARAGE SIZE STORAGE . THERE IS A NEW ROOF, BALCONIES, SCREEN PATIO ENCLOSURE, PROPERTY HAS NOT BEEN FLOODED FROM ANY HURRICANE, ALL ASSESSMENTS ARE PAID! THERE ARE ALSO NEW PLUMBING PIPES,ELECTRIC, CEILINGS, BATHROOMS, A/C, HOT WATER HEATER, GORGEOUS NEW PORCELAIN TILE FLOORS THROUGHOUT,ALL NEW APPLIANCES,AND NEW QUARTZ MARBLE COUNTER TOPS. AND ALL NEW FURNITURE. WHO EVER BUYS THIS CONDO IS COMING IN AT THE BEST TIME.This condo does NOT need a Milestone inspection.THE MAINTENANCE COVERS= WATER,SEWER,GARBAGE,CABLE,ROOFS,OUTSIDE MAINTENANCE,POOL,LANDSCAPING,INSURANCE and Flood insurance AND RESERVES!!! CLOSE TO BEACH AND 5TH AVE SHOPS.

Details

Property type

Condominium

Est. home value

$242,264

Lot size

Unknown

Price per sq ft

$196

Year built

1983

Annual property taxes

$1,943.67

HOA

Yes

Price History

04/02/2025

FGCMLS #225017806

Price change
$225,000
-10%
03/30/2025

FGCMLS #225017806

Price change
$250,000
-1.96%
03/12/2025

FGCMLS #225017806

Price change
$255,000
-5.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

64

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

$55,876
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$151,124
Cash to seller
$55,876

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

June 2022

Original loan amount

$157,500

Est. remaining balance

$151,124

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Stephen Vincent Conroy and Denise Valente Conroy

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: 04/03/2025 at 10:40 PM

Listing updated: 04/02/2025 at 2:10 PM

Listed by: Denise Valente-Conroy, Berkshire Hathaway FL Realty Phone #: (239) 659-2400

MLS: FGCMLS #225017806

FGCMLS logo

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