tomo logo

$8,995,000

Beds
4
Baths
4.5
sq ft
4,417

355 7th Ave S, Naples, FL 34102

355 7th Ave S

Naples, FL 34102

  • 1 day on market
Nestled in the heart of Old Naples, just three blocks from the beach and steps away from world-class shopping and dining on 5th Avenue and 3rd St South, this custom, newly built London Bay home is ideally located on a peaceful street. The open floor plan showcases luxurious finishes and attention to detail throughout. The spacious kitchen features a 13-foot island and an expansive walk-through pantry, complemented by rift oak and high-gloss white cabinetry that harmonizes beautifully with the wide plank oak floors. An open formal dining room and expansive great room with a bar flow effortlessly through pocketing sliding glass doors to a covered outdoor living area. This outdoor oasis includes a fireplace, an outdoor kitchen, automated screens, pool, a tranquil pond and water feature, and a beautifully designed private garden shower. The second floor is home to two guest suites, a comfortable bonus room, and the primary suite, which boasts two walk-in closets and a private balcony overlooking the tropical yard. Additional noteworthy features include a 3-car garage, an elevated generator, air-conditioning units, and tankless water heaters, all with the convenience of natural gas serving the property.

Details

Property type

Single Family Residence

Est. home value

$10,061,016

Lot size

0.25 acres

Price per sq ft

$2,037

Year built

2020

Annual property taxes

$23,759.31

HOA

No

Price History

01/27/2025

FGCMLS #224061645

Listed
$8,995,000
-3.28%
06/29/2024
NABOR

NABOR #223071844

Removed
$9,300,000
03/22/2024
NABOR

NABOR #223071844

Price change
$9,300,000
-4.62%

Schools & Community

Neighborhood: 

Old Naples

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$6,018,159
Asking price
$8,995,000
Closing costs (~8% of asking)
-$719,600
Est. remaining loan balance
-$2,257,241
Cash to seller
$6,018,159

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2021

Original loan amount

$2,471,000

Est. remaining balance

$2,257,241

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Charles L Logan and Debra Goodrich Logan

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: 01/29/2025 at 12:50 AM

Listing updated: 01/27/2025 at 11:10 AM

Listed by: Toby Cloutier, London Bay Realty Inc. Phone #: (239) 592-1400

MLS: FGCMLS #224061645

FGCMLS logo

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