tomo logo

$585,900

Beds
2
Baths
2.0
sq ft
864

600 Neapolitan Way Unit 452, Naples, FL 34103

600 Neapolitan Way Unit 452

NAPLES, FL 34103

  • 47 days on market
This property has a proven track record of success on Airbnb and VRBO making it a fantastic investment opportunity with a net income of over $99,000 per year making this a thriving business. (see attachments) Professionally remodeled 2/2 in the beautiful Park Shores community in Naples. Park Shores is one of the few developments that allows daily rentals making this a desirable unit in the short term vacation rental market. Rent it on your own and keep all income generated or have the development rent it for you in their program. Either way there is no penalty for renting it yourself. Also enjoy the benefit of a FIVE minute walk to the beach.

Details

Property type

Est. home value

$429,131

Lot size

Unknown

Price per sq ft

$679

Year built

1982

Annual property taxes

$3,019.74

Monthly HOA fee

$1,649.66

Price History

05/19/2024
NABOR

NABOR #224039249

Listed
$585,900
+154.74%
03/16/2021
NABOR

NABOR #220036049

Sold
$230,000

Schools & Community

Neighborhood: 

Park Shore

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Racquetball, Tennis Court(s)

Number of units in community: 

157

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

$199,116
Asking price
$585,900
Closing costs (~8% of asking)
-$46,872
Est. remaining loan balance
-$339,912
Cash to seller
$199,116

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

June 2022

Original loan amount

$351,000

Est. remaining balance

$339,912

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Pedro Valbuena and Diana Valbuena

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: 07/05/2024 at 7:50 PM

Listing updated: 06/18/2024 at 2:54 PM

Listed by: Pedrin Valbuena, Pedrin of Miami Realty Inc Phone #: (305) 721-5775

MLS: NABOR #224039249

NABOR logo

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