tomo logo

$6,470,000

Beds
4
Baths
4.5
sq ft
3,595

242 2nd Ave S, Naples, FL 34102

242 2nd Ave S

Naples, FL 34102

  • <1 day on market
Nestled in the heart of Old Naples, this exceptional home boasts a prime location just 7 houses from iconic Naples Beach, while being moments away from the charm of Fifth Avenue South. Property has remained high and dry since being built in 2017. Designed by the acclaimed MHK Architecture, this residence captures the essence of the Florida lifestyle with over 5,000 square feet of seamless indoor and outdoor living. Lush landscaping surrounds the pool with fire and water features, a sunken spa and an electric screened lanai. Every detail exudes craftsmanship, from the custom ceilings to the modern kitchen to the naturally aged wood floors. Expansive master suite, complete with walk-in closets and an elegant master bath. Modern conveniences include an artisan, temperature-controlled glass wine wall, custom-designed elevator, Kohler backup gas generator, impact-resistant windows and doors, and natural gas access throughout. For guests, a private suite with its own entrance and spacious balcony provides a luxurious retreat.

Details

Property type

Single Family Residence

Est. home value

$5,380,035

Lot size

7,405 sq ft

Price per sq ft

$1,800

Year built

2017

Annual property taxes

$38,596.66

HOA

No

Price History

12/23/2024

FGCMLS #224103772

Listed
$6,470,000
+42.34%
04/08/2021

FGCMLS #220051922

Sold
$4,545,454

Schools & Community

Neighborhood: 

Old Naples

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$5,025,032
Asking price
$6,470,000
Closing costs (~8% of asking)
-$517,600
Est. remaining loan balance
-$927,368
Cash to seller
$5,025,032

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 Republic Bank

Loan start date

September 2021

Original loan amount

$1,000,000

Est. remaining balance

$927,368

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Robert W Maier and Mary Louise Maier

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: 12/24/2024 at 12:25 AM

Listing updated: 12/23/2024 at 4:50 PM

Listed by: Jeff Little, Premier Sotheby's Int'l Realty Phone #: (239) 434-2424

MLS: FGCMLS #224103772

FGCMLS logo

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