tomo logo

$679,800

Beds
7
Baths
4.0
sq ft
Unknown

5441 Martin St, Naples, FL 34113

5441 Martin St

NAPLES, FL 34113

  • 32 days on market
    • Price drop $20,000↓
Investor Opportunity! This versatile multi-family home features three distinct units, each offering great potential for long-term returns. It stands out as an ideal investment due to its exceptional flexibility. Whether you’re interested in annual rentals, seasonal leases, or short-term stays, you have the freedom to choose without any HOA restrictions. Unit 1 has 3 Bedrooms and 2 Full Bathrooms; Unit 2: features 3 Bedrooms and 1 Full Bathroom; and Unit 3 is an Efficiency with a Bedroom and Bathroom, including a private entrance. All units feature tile flooring, central air, city water, and sewer, with updated bathrooms and walk in showers. The property boasts a newer brick paver driveway that accommodates up to 6 vehicles and a roof installed in 2019. It’s not in a flood zone and offers a convenient location with quick access to Downtown Naples and Marco Island.

Details

Property type

Ranch

Est. home value

$497,619

Lot size

8,276 sq ft

Price per sq ft

Unknown

Year built

1977

Annual property taxes

$4,272.37

Price History

09/19/2024
NABOR

NABOR #224069481

Price change
$679,800
-2.86%
09/05/2024
NABOR

NABOR #224069481

Price change
$699,800
-0.01%
08/23/2024
NABOR

NABOR #224069481

Listed
$699,900
-6.68%

Schools & Community

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

$385,981
Asking price
$679,800
Closing costs (~8% of asking)
-$54,384
Est. remaining loan balance
-$239,435
Cash to seller
$385,981

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 2021

Original loan amount

$260,000

Est. remaining balance

$239,435

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Guillerno Gomez Mebinaq

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: 09/24/2024 at 8:20 PM

Listing updated: 09/19/2024 at 9:09 AM

Listed by: Claire Gogan, EXP Realty LLC Phone #: (239) 227-3490

MLS: NABOR #224069481

NABOR logo

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