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$869,000

Beds
3
Baths
2.0
sq ft
2,300

528 111th Ave N, Naples, FL 34108

528 111th Ave N

NAPLES, FL 34108

  • 61 days on market
    • Price drop $30,000↓
Location, Location, Location!!! This beach bungalow offers 3 bedrooms, 2 bathrooms, and is conveniently located less than a mile from Delnor Wiggins State Park. Only minutes away from the world famous Vanderbilt Beach, Ritz-Carlton, Mercato, and all the popular restaurants and shopping that Naples has to offer. With no HOA rules and rental restrictions, Naples Park continues to outpace other popular real estate investment areas with no end in sight. Enjoy the best of indoor-outdoor living with the second-floor master suite that boasts its own screened-in balcony for added luxury, a screened-in lanai on the lower level, and a custom tiki hut for entertaining. This home is currently operating as a short term rental home and is professionally managed by Naples Vacations. It is being offered fully turnkey and all future bookings will transfer to the new owner. Don't miss out on this opportunity to invest in Naples Park for under 900k.

Details

Property type

Single Family Residence

Est. home value

$834,866

Lot size

5,663 sq ft

Price per sq ft

$378

Year built

1999

Annual property taxes

$5,503.4

Price History

06/03/2024
NABOR

NABOR #224037432

Price change
$869,000
-3.34%
05/03/2024
NABOR

NABOR #224037432

Listed
$899,000
+17.98%
03/07/2023
NABOR

NABOR #222080042

Sold
$762,000
+52.4%

Schools & Community

Neighborhood: 

Naples Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$216,385
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$583,095
Cash to seller
$216,385

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

March 2023

Original loan amount

$592,000

Est. remaining balance

$583,095

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Zaimir Rucaj and Irena Sinaj

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?

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Status: Active

Tomo last checked: 07/03/2024 at 9:50 AM

Listing updated: 06/03/2024 at 2:14 PM

Listed by: Matt Bianchini, Downing Frye Realty Inc. Phone #: (239) 261-2244

MLS: NABOR #224037432

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