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$659,000

Beds
4
Baths
3.0
sq ft
2,248

1740 16th St NE, Naples, FL 34120

1740 16th St NE

Naples, FL 34120

  • 60 days on market
    • Price drop $11,000↓
2 HOMES IN 1 Set up w/ separate entrances. This is a perfect 2 family home or income producing property. Each Living area is equipped with a separate kitchen, bathrooms, and washer/dryer. Don't miss out on this unique opportunity. In addition, UPGRADES! UPGRADES! Experience the charm of this beautifully renovated home, set on 1.17 acres and offering numerous high-quality upgrades, including a newer roof, AC system, water system, and additional bonus square footage under air on the lower level. The upstairs features a spacious 4/2 w/ large flex room. Split floor plan with soaring cathedral ceilings, a skylight, and multiple sliding doors that flood the space with natural light. The kitchen has been updated with modern appliances, new cabinetry, a breakfast bar, and a convenient service window to the back deck, which also includes an electric awning. All bedrooms offer sliders that lead to the front and back decks, with one guest bedroom featuring a private deck. The master bathroom includes a linen closet and access to the back deck, while a laundry room is centrally located upstairs between the guest bedrooms. There’s also a screened porch on the first floor with a view of the backyard. The fully renovated downstairs adds an additional 895 sq. ft. of living space, complete with custom vinyl flooring, an oversized 1-car garage with epoxy finish flooring, a second laundry room, and a laundry tub with washer and dryer hookups. Just 10 minutes from Collier Blvd, this home is close to shopping, dining, and entertainment. It’s perfect for use as a rental property or for renting out the lower level, which is independent of the main home with its own kitchen and bathroom. A must-see property!

Details

Property type

Single Family Residence

Est. home value

$570,412

Lot size

1.17 acres

Price per sq ft

$294

Year built

1999

Annual property taxes

$4,897.35

HOA

No

Price History

11/03/2024

FGCMLS #224077902

Price change
$659,000
-1.64%
09/23/2024

FGCMLS #224077902

Listed
$670,000
+22.94%
08/05/2022

FGCMLS #222029728

Sold
$545,000

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

$240,247
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$366,033
Cash to seller
$240,247

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

Seller’s Loan History

Lender

Bayfirst National Bank

Loan start date

May 2022

Original loan amount

$381,500

Est. remaining balance

$366,033

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Nestalin Lorente Ortega

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: 11/22/2024 at 4:30 PM

Listing updated: 11/12/2024 at 6:55 PM

Listed by: Abner Duran, EXP Realty LLC Phone #: (888) 883-8509

MLS: FGCMLS #224077902

FGCMLS logo

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