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$694,286Estimated home value

Beds
3
Baths
1.0
sq ft
1,300

1972 Frederick St, Naples, FL 34112

1972 Frederick St

NAPLES, FL 34112

  • Off market
    • Price drop $200,000↓
This exceptional property boasts an enviable location and an expansive .26 acre lot (70x160) just a short stroll from 5th Ave South, Tin City, downtown Naples, and the pristine sugar sand beaches. The area is teeming with upscale dining, boutique shopping, craft breweries, and entertainment options, all conveniently within reach. The existing home showcases rare old Florida architecture, steeped in intriguing history. Although the home sustained damage during Hurricane Ian, it could be restored and utilized as a primary single-family residence, multi-family dwelling, or investment property. With a newer roof and original Cypress wood features throughout, the home exudes charm and character. Alternatively, seize the opportunity to craft your own dream home on this historic site in a burgeoning development zone. This property is free from HOA restrictions, offering endless possibilities for redevelopment. Zoned RMF-6 for multi-family use, this property is a prime investment for those looking to create a one-of-a-kind living space in an unbeatable location. Savvy investors and builders, act fast to secure this gem before it's gone! Motivated seller; all serious offers considered.

Details

Property type

Single Family Residence

Est. home value

$694,286

Lot size

0.26 acres

Price per sq ft

$770

Year built

1927

Annual property taxes

$414.87

Price History

09/19/2024
FortMyers

FortMyers #224022034

Removed
$1,000,000
07/25/2024
FortMyers

FortMyers #224022034

Price change
$1,000,000
-16.67%
04/04/2024
FortMyers

FortMyers #224022034

Price change
$1,200,000
-7.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Seller’s Loan History

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

Lender

Suncoast Schools Fcu

Loan start date

April 2008

Original loan amount

$117,600

Est. remaining balance

Not provided

Interest rate

5.47%

Loan type

Balloon, 15 year

Seller

Ihor M Chomiak and Halyna T Chomiak

Lender

Suntrust Bk Sw Fl

Loan start date

August 1996

Original loan amount

$66,500

Est. remaining balance

Not provided

Interest rate

8.39%

Loan type

Not Provided

Seller

Ihor M Chomiak and Halyna T Chomiak

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: Off Market

Tomo last checked: 10/04/2024 at 8:10 PM

Listing updated: 07/25/2024 at 6:53 PM

Listed by: Nina Aleshire, Premiere Plus Realty Company Phone #: (239) 206-2777

MLS: FortMyers #224022034

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