tomo logo

$421,000

Beds
2
Baths
2.0
sq ft
1,116

242 Newport Dr Unit 502, Naples, FL 34114

242 Newport Dr Unit 502

Naples, FL 34114

  • <1 day on market
Prime location, waterfront, first floor condo! See the water as soon as you walk through the door. White kitchen has plenty of cabinets, new stove and breakfast bar. Living area is ideal space for relaxing, entertaining, or family gatherings. Enjoy beautiful sunsets from the screened lanai which overlooks the wide canal & provides an amazing view of the natural oasis of mangroves ideal for nature lovers. There is direct access to the Gulf of Mexico. Detached, one car garage comes with the unit. This split bedroom unit is also great as an investment for seasonal rental. Sunset Cay Villas has a private pool for unit owners and across the street is the marina, boat launch and Ship Store. Offered turnkey furnished. Residents of Port of the Islands can enjoy a variety of amenities, including boating, and outdoor activities. This condo is ideally located for those who enjoy the quiet, natural beauty of Southwest Florida, yet it's just a short drive from the shopping, dining, and entertainment options in Naples and Marco Island. Port of the Islands Resort offers a membership for surrounding area residents, $139 per month that includes use of gym, sauna, steam room, pickleball courts, and game room. 15% off at brand new restaurant and 15% off hotel rooms.

Details

Property type

Condominium

Est. home value

$418,089

Lot size

Unknown

Price per sq ft

$378

Year built

1997

Annual property taxes

$5,378.03

Monthly HOA fee

$59.67

Price History

12/26/2024

FGCMLS #224104299

Listed
$421,000
-1.52%
10/01/2024
SEF

SEF #A11493754

Removed
$427,500
03/08/2024
SEF

SEF #A11493754

Price change
$427,500
-1.72%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

192

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

$95,909
Asking price
$421,000
Closing costs (~8% of asking)
-$33,680
Est. remaining loan balance
-$291,411
Cash to seller
$95,909

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

December 2022

Original loan amount

$297,750

Est. remaining balance

$291,411

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Darlene Harris and John Harris

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: 12/27/2024 at 6:00 AM

Listing updated: 12/26/2024 at 3:20 PM

Listed by: Elaine Gennaro, EXP Realty LLC Phone #: (888) 883-8509

MLS: FGCMLS #224104299

FGCMLS logo

Recently listed in Naples

$570,000|4 bd|3.0 ba|House
$539,900|3 bd|2.0 ba|House
$659,999|3 bd|2.0 ba|House
$675,000|3 bd|2.0 ba|House
$8,250,000|4 bd|3.0 ba|House
$649,999|4 bd|2.0 ba|House