tomo logo

$986,000

Beds
3
Baths
2.0
sq ft
1,863

88 31st St SW, Naples, FL 34117

88 31st St SW

Naples, FL 34117

  • 66 days on market
Get ready to seize an incredible opportunity in the heart of Naples! This meticulously maintained pool home in the highly desired Golden Gate Estates is a true gem, boasting excellent cash flow potential on a hard-to-find rectangular 2.50-acre cleared lot. With an open floor plan that spans 1,863 square feet, this home features three spacious bedrooms and two bathrooms, all with direct access to your stunning pool and lanai—perfect for soaking up the Florida sun! Step into the large kitchen, where you'll find brand-new stainless-steel appliances that make cooking a delight, along with a separate dining area, pantry, and laundry room for added convenience. Recent upgrades are sure to impress: in 2022, this home received a complete AC system, hurricane impact windows, plantation shutters, new gutters, soffit and fascia, solar attic vents, and an extended pool cage. Plus, the two-car garage shines with new epoxy flooring! But that’s not all! The expansive outdoor space is a paradise for nature lovers and hobbyists alike, featuring various fruit trees and a fantastic 30'X60' separate building on a slab equipped with a 50 amp RV hook-up, electric hoist, and new LED shop lights. With two driveway entrances—one blacktop leading to the main house and another gravel drive leading to the shop—there's plenty of room for your boat, trailer, RV, and all your parking needs. This property is perfect for small business owners looking for versatility and space. With no HOA fees or restrictions in sight, it also offers exciting potential for dual rental incomes for savvy investors. Don't miss out on this amazing opportunity to own a slice of paradise in Naples!

Details

Property type

Single Family Residence

Est. home value

$734,652

Lot size

2.57 acres

Price per sq ft

$530

Year built

1993

Annual property taxes

$3,541.29

HOA

No

Price History

11/24/2024

FGCMLS #224083054

Listed
$986,000
10/31/2024

FGCMLS #224083054

Removed
$986,000
10/16/2024

FGCMLS #224083054

Listed
$986,000
-1.2%

Schools & Community

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

$448,247
Asking price
$986,000
Closing costs (~8% of asking)
-$78,880
Est. remaining loan balance
-$458,873
Cash to seller
$448,247

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

January 2022

Original loan amount

$489,000

Est. remaining balance

$458,873

Interest rate

3.11%

Loan type

VA, 30 year

Seller

Gary W Geuss and Joann Geuss

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: 12/22/2024 at 6:15 AM

Listing updated: 12/15/2024 at 6:05 PM

Listed by: Sean Cohane, Premiere Plus Realty Company Phone #: (239) 732-7837

MLS: FGCMLS #224083054

FGCMLS logo

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