tomo logo

$1,995,000

Beds
6
Baths
4.5
sq ft
4,741

4075 1st Ave SW, Naples, FL 34119

4075 1st Ave SW

Naples, FL 34119

  • 37 days on market
    • Price drop $304,000↓
    • Open house Nov 23
Welcome to this stunning estate, featuring a spacious 5-bedroom main home, a 1-bedroom guest house, a 6-car garage, and an additional outbuilding, perfect for extra storage or as another garage. Nestled on 2.5 acres of beautifully landscaped grounds, this property is located west of 951, surrounded by swaying palms. The lot is square-shaped (330' x 330'), providing more usable space and enhanced privacy compared to typical long, narrow lots. The main home is 3,721 square feet under air, it boasts an open floor plan that maximizes natural light. The home includes 5 bedrooms and 2 full/2 half baths, with an outdoor shower for poolside convenience. Step outside to discover a generous pool area, featuring a recently refurbished pool with new tile & upgraded equipment. The outdoor space is complemented by a charming Tiki Hut/kitchen equipped with a sink and plumbing for a propane grill, making it an ideal setting for entertaining. As you enter the main home, you’ll be greeted by large sliders offering picturesque views of the tropical yard and pool. The expansive chef's kitchen is a culinary delight, featuring waterfall Quartz countertops, a designer backsplash, ample white solid wood cabinetry, a Viking gas stove, GE Profile wall oven, stainless steel appliances, a spacious pantry, and a dedicated desk workstation. The breakfast bar and formal dining room, complete with a wet bar and wine fridge, make this home perfect for entertaining guests. The main bedroom is a tranquil retreat, featuring two walk-in closets and sliders leading to the lanai. New luxury vinyl flooring runs throughout the home, complemented by updated electrical systems, lighting fixtures, and plumbing. The large laundry room includes a sink and folding station, while the spacious family room features a cozy fireplace. The 2-car garage is enhanced with additional storage space, and the split bedroom layout ensures maximum privacy, with three guest bedrooms also offering access to a private side lanai. The guest house provides an additional 1,020 square feet of living space. It includes 1 bedroom (with potential for a second upstairs), a full kitchen, a living room, and 1.5 baths. The 4-car garage features a workbench and sink, with front and back garage doors for convenience. This space also includes a washer/dryer and a screened patio that overlooks the lush landscape, making it ideal for guests, elderly family members, or rental opportunities. Both homes are equipped with a new Reverse Osmosis system, new A/C units, new gutters, and roofs, including matching roofing for the Tiki Hut and spa retreat enclosure. The interiors and exteriors have been freshly painted, and new landscape lighting enhances the property's curb appeal. An additional outbuilding with a garage door adds more options for storage or vehicle space. Completing this incredible property is a circular driveway providing easy access to the main house, guest house, and additional building.

Details

Property type

Single Family Residence

Est. home value

$1,759,513

Lot size

2.50 acres

Price per sq ft

$421

Year built

2001

Annual property taxes

$5,604.65

HOA

No

Price History

11/12/2024

FGCMLS #224082988

Price change
$1,995,000
-13.22%
10/15/2024

FGCMLS #224082988

Listed
$2,299,000
09/11/2024
NABOR

NABOR #224019477

Removed
$2,299,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

-$39,389
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$1,874,789
Cash to seller
-$39,389

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

February 2024

Original loan amount

$1,890,000

Est. remaining balance

$1,874,789

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Mastroianni Properties Ii Llc

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: 11/22/2024 at 10:30 AM

Listing updated: 11/17/2024 at 4:06 PM

Listed by: Wendy McCarty, Keller Williams Marco Realty Phone #: (239) 393-1350

MLS: FGCMLS #224082988

FGCMLS logo

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