tomo logo

$1,249,000

Beds
4
Baths
3.0
sq ft
2,939

511 98th Ave N, Naples, FL 34108

511 98th Ave N

Naples, FL 34108

  • 2 days on market
Set on a rare double lot in Naples Park, just three doors in from Vanderbilt Drive, this fully renovated ranch-style pool home offers an impressive 2,939 square feet of living space. The residence showcases an oversized private screened lanai, complete with a large heated pool (14 x 28) and a delightful fish/turtle pond accented by three bubbling fountains. With four bedrooms and two versatile bonus rooms—ideal as offices, additional sleeping quarters, exercise spaces, game rooms, or workshop—this home has extraordinary flexibility to suit your lifestyle and needs. The property boasts two exquisitely designed kitchens, perfectly suited for large families, entertaining guests or accommodating extended family members, or accommodating sizable vacation rental groups. The oversized garage features an extra 8 feet of depth, plus several additional storage spaces throughout the property. Situated in the heart of North Naples, this prime location is a mere 0.9 mile via sidewalk from the acclaimed Vanderbilt Beach and within 1.5 miles of convenient shopping and dining at Whole Foods, Trader Joe’s, Publix, Walmart, and the upscale Mercato.

Details

Property type

Single Family Residence

Est. home value

$1,416,920

Lot size

0.31 acres

Price per sq ft

$425

Year built

1974

Annual property taxes

$12,222.71

HOA

No

Price History

03/28/2025

FGCMLS #225032156

Listed
$1,249,000
-19.42%
05/06/2024
NABOR

NABOR #224003053

Removed
$1,550,000
05/03/2024
NABOR

NABOR #224003053

Price change
$1,550,000
-6.06%

Schools & Community

Neighborhood: 

Naples Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

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

$694,185
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$454,895
Cash to seller
$694,185

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$500,000

Est. remaining balance

$454,895

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Charles Gallo and Mia Gallo

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: 03/31/2025 at 6:30 AM

Listing updated: 03/30/2025 at 4:06 PM

Listed by: Chuck Gallo, Realty One Group MVP Phone #: (800) 896-8790

MLS: FGCMLS #225032156

FGCMLS logo

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