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$1,199,000

Beds
2
Baths
2.0
sq ft
1,372

415 10th Ave S Unit 7, Naples, FL 34102

415 10th Ave S Unit 7

Naples, FL 34102

  • 642 days on market
    • Price drop $100,000↓
Exceptional Opportunity in the Heart of Old Naples. For those with a vision, this charming unit holds significant upside potential. With tasteful modifications and modern updates, unlock the full equity of this exceptional property while enhancing its charm and functionality. Reimagining the existing layout to create a bespoke residence tailored to your lifestyle, blending timeless elegance with contemporary convenience adds instant equity! Perfectly located just four blocks from the pristine Naples beach and Pier, and in close proximity to the iconic 5th Avenue South and 3rd Street South shopping and dining districts. Set on an attractive elevation, this second floor unit and property have each remained high and dry through the last three hurricanes, providing both peace of mind and added value in a highly sought-after coastal area. This two-bedroom, two-bathroom unit boasts a thoughtfully designed floor plan with two balconies that invite natural light and coastal breezes into the space. The spacious living room opens to a south-facing screened lanai, creating a seamless indoor-outdoor living experience. Additional features include an a large and coveted one-car garage and access to a sparkling swimming pool within this exclusive, low-density complex of only eight units. Whether as a primary residence, seasonal retreat, or investment opportunity, this unit represents an ideal entry point into the Old Naples lifestyle. Opportunities like this are rare—don’t miss your chance to make this exceptional property your own.

Details

Property type

Condominium

Est. home value

$1,286,446

Lot size

Unknown

Price per sq ft

$874

Year built

1980

Annual property taxes

$6,993

HOA

Yes

Price History

11/26/2024

FGCMLS #223015477

Price change
$1,199,000
-7.7%
03/21/2023

FGCMLS #223015477

Listed
$1,299,000

Schools & Community

Neighborhood: 

Old Naples

Elementary school: 

LAKE PARK ELEMENTARY

Middle school: 

GULFVIEW MIDDLE SCHOOL

High school: 

NAPLES HIGH SCHOOL

Community features: 

Street Lights

Number of units in community: 

8

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

$868,232
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$234,848
Cash to seller
$868,232

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

Seller’s Loan History

Lender

Fifth Third Mortgage Co

Loan start date

January 2013

Original loan amount

$327,889

Est. remaining balance

$234,848

Interest rate

3.34%

Loan type

New Conventional, 30 year

Seller

Paul R Rosevear and Sheri Bushelman

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: 12/22/2024 at 6:10 AM

Listing updated: 12/14/2024 at 1:50 PM

Listed by: Celine Wells, Douglas Elliman Florida, LLC Phone #: (239) 799-5303

MLS: FGCMLS #223015477

FGCMLS logo

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