1011 7th ST S 1011 Sold

Naples, FL 34102 - Olde Naples

$350,750

Reduced - $218,250

Description

Looking for a visionary investor to transform this hurricane-damaged small beach cottage-type condo into a charming retreat. Located in downtown Naples, this property offers the potential for a lucrative investment opportunity. This cozy condo has suffered damage from Hurricane Ian, but with the right vision and resources, it can be transformed into a stunning vacation home or rental property. The interior could feature an open-concept one-bedroom, one-bath bungalow with a compact kitchen. Think tiny home design! A shared patio, storage area, and common laundry room are in the back of the building. Take advantage of the Naples sunsets on your private front patio. The close proximity of Naples City Dock, 3rd St South, 5th Avenue South, restaurants, entertainment, art galleries, shopping, and the beautiful Gulf of Mexico beaches make this spot a desirable vacation spot. While the property requires extensive repairs, the potential rewards are significant. With the right vision and investment, this hurricane-damaged condo can be transformed into a valuable asset in a highly sought-after location.

Address

  • Address: 1011 7th ST S 1011
  • City: Naples
  • State/Country: Florida, United States
  • Zip: 34102
  • Community: Olde Naples
  • Community Type: No Subdivision
  • Subdivision: Colonial Manor

Detail

Information last updated on Monday, May 22nd, 2023 at 11:44 AM

  • MLS ID: 223020512
  • Price: $350,750
  • Property Size: 471 Sq Ft
  • Bedrooms: 1
  • Bathrooms: 1
  • Garage Spaces: 0
  • Year Built: 1974

Additional details

  • Approx Living Area: 471
  • AVMYN: 1
  • Baths Full: 1
  • Baths Total: 1
  • Bedrooms: 1 Bed
  • Beds Total: 1
  • Buyer Agent Comp: 3%
  • Cable Available YN: 1
  • CDOM: 67
  • Condo Fee: $725
  • Created Date: March 16th, 2023
  • Current Price: $350,750
  • DOM: 31
  • Flood Ins YN: 1
  • Latitude: 26.135917
  • Lease Limits YN: 1
  • Leases Per Year: 12
  • List Price: $569,000
  • Longitude: -81.796575
  • Lot Unit: 1011
  • Mandatory HOAYN: 1
  • Min Daysof Lease: 30
  • MLS Number: 223020512
  • Num Unit Floor: 1
  • Original List Price: $569,000
  • Parcel Number: 5830040002
  • Parking: 1 Assigned,Paved Parking
  • Postal Code: 34102
  • Price Per Sq Ft: $745
  • Section: 10
  • Selling Agent Direct Work Phone: 239-595-6094
  • Taxes: $1,778
  • Tax Year: 2022
  • Total Annual Recurring Fees: $2,900
  • Total Area: 471
  • Total Floors: 1
  • Trans Broker Comp: 3%
  • Unit Number: 1011
  • Unitsin Building: 6
  • Unitsin Complex: 6
  • Year Built: 1974

Vital Information

Low Rise (1-3)

  • Size: 471 sqft
  • Beds: 1 Bed
  • Baths: 1
  • Price: $350,750

Virtual Tours

  • No Virtual Tour Available
Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

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