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$1,200,000

Beds
2
Baths
1.0
sq ft
913

870 109th Ave N, Naples, FL 34108

870 109th Ave N

NAPLES, FL 34108

  • 67 days on market
INVESTOR ALERT!!! Nestled in the heart of Naples Park, Rarely available 0.30-acre double lot zoned COMMERCIAL C-3! Take advantage of goods and services permitted under Commercial C-3 zoning & RMF-6! Opportunity to build a spacious single home residence, multi-family & various commercial uses! Ideally located within walking distance of Vanderbilt beach, directly across the street from the fine dining, shopping and entertainment of Mercato. The property boats 913 sqft, featuring 2 bedrooms, 1 bathroom & 1 car garage. Recently remodeled with modern finishes, new flooring through the property, new stainless-steel appliances (less than 1 year old) and newer roof (2018).

Details

Property type

Single Family Residence

Est. home value

$806,045

Lot size

0.3 acres

Price per sq ft

$1,315

Year built

1960

Annual property taxes

$8,017.59

Price History

08/23/2024
NABOR

NABOR #224057170

Price change
$1,200,000
+9.09%
07/15/2024
NABOR

NABOR #224057170

Listed
$1,100,000
+37188.14%
07/09/2024
NABOR

NABOR #223093381

Removed
$2,950

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

$585,315
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$518,685
Cash to seller
$585,315

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

March 2022

Original loan amount

$543,750

Est. remaining balance

$518,685

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Spiro Naco and Arjola Naco

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: 09/20/2024 at 6:50 AM

Listing updated: 08/23/2024 at 6:44 PM

Listed by: Egesta Bala, PA, Coldwell Banker Realty Phone #: (239) 263-3300

MLS: NABOR #224057170

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