tomo logo

$1,450,000

Beds
2
Baths
2.0
sq ft
1,300

1977 Gulf Shore Blvd N Unit 502, Naples, FL 34102

1977 Gulf Shore Blvd N Unit 502

Naples, FL 34102

  • 22 days on market
The ultimate space for relaxing and entertaining under the Florida sun has now become available in thus STUNNING 2 bedroom and 2 bath GULF FRONT condo in the heart of the Moorings of Naples. This perfectly positioned property offers gorgeous partial bay views of Hurricane Harbor, toes in the sand beach access, and is situated in the heart of Naples with TONS of dining and shopping options nearby. Perched WEST OF 41, famed 5th Ave S and 3rd Street S are just a 5 minute drive down Gulf Shore Blvd, Publix is less than 5 minutes, and Waterside Shoppes is less than 10 minutes away. From the foyer up to the front door from the elevator, this 5th floor unit envelopes you from the moment you're welcomed in and has been updated and upgraded from top to bottom. The gourmet kitchen is stunning with center island, quartz throughout, new lighting, stainless steel appliances, ample cabinet and counter space, and leaves nothing to be desired. Enjoy luxury vinyl flooring and sound reducing membrane throughout along with beautiful crown molding, new hardware, and wood ceiling. Entertaining is made easy with beautiful flow from the kitchen and dining area to the large living area which leads to the enclosed balcony with updated entertainment center with built in lighting. The primary bedroom features your private balcony entrance, updated vanity, exhaust fan, plumbing, and sleek bathroom fixtures and upgrades. The remaining bedroom is large with tons of natural light and plentiful closet space. Vacation starts as soon as you step on the property from the gorgeous clubroom, club pool with gulf views, and access to the beach with unobstructed access. Peace of mind is enhanced with one assigned covered parking space, guest parking, laundry on your floor, and an A+ rated school system. Be on permanent vacation today!

Details

Property type

Condominium

Est. home value

$1,047,594

Lot size

Unknown

Price per sq ft

$1,116

Year built

1964

Annual property taxes

$6,447.57

HOA

Yes

Price History

01/04/2025

FGCMLS #225000244

Listed
$1,450,000
+143.7%
01/06/2021

FGCMLS #220043134

Sold
$595,000
+10.7%
08/02/2017

FGCMLS #217045819

Sold
$537,500

Schools & Community

Neighborhood: 

Moorings

Elementary school: 

LAKE PARK ELEMENTARY

Middle school: 

GULFVIEW ELEMENTARY

High school: 

NAPLES HIGH SCHOOL

Community features: 

Pool, Street Lights

Number of units in community: 

36

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

$928,430
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$405,570
Cash to seller
$928,430

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

Seller’s Loan History

Lender

First Midwest Bank

Loan start date

January 2021

Original loan amount

$446,250

Est. remaining balance

$405,570

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Michael Douglas Simpson and Wendy Jane Simpson

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: 01/27/2025 at 12:10 PM

Listing updated: 01/26/2025 at 3:35 PM

Listed by: Nico Paredes, John R Wood Properties Phone #: (239) 353-3393

MLS: FGCMLS #225000244

FGCMLS logo

Recently listed in Naples