1011 7th Street South, Unit 1011

Naples, FL 34102

$350,750
Last Sold Price
1
Beds
1
Bath
471 Sq. Ft.
$745 / Sq. Ft.
471
Sq. Ft.
$745
per Sq. Ft.

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...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.
  1. Listed by Laurie Rose • Downing Frye Realty Inc.

Property Details for 1011 7th Street South, Unit 1011

Area
NA06 - Olde Naples Area
Development
OLDE NAPLES
Sub Condo Name
COLONIAL MANOR
Waterfront
No
Waterfront Desc
None
View
Landscaped Area
Furnished Desc
Unfurnished

Location

Listing Courtesy of Downing Frye Realty Inc., Laurie Rose

Sold By Downing Frye Realty Inc., Laurie Rose

Add your commute
LISTING UPDATED: 05/22/2023 11:53 AM

Property Details for 1011 7th Street South, Unit 1011

StatusSold
MLS #223020512
Days on Market30
Taxes$1,778 / year
HOA Fees-
Condo/Co-op Fees$725 / quarter
Compass TypeCondo
MLS TypeResidential / Ranch
Year Built1974
CountyCollier County

Location

Listing Courtesy of Downing Frye Realty Inc., Laurie Rose

Sold By Downing Frye Realty Inc., Laurie Rose

Add your commute

Building Information for 1011 7th Street South, Unit 1011

Building/Complex1011 7th St SFloor-Stories1Residences6Pet Policy-Year Built1974

Payment Calculator

$2,304 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,914

Property Taxes

$148

HOA Dues

$242

The Payment Calculator is for illustrative purposes only.

Property Information for 1011 7th Street South, Unit 1011

Summary
Location and General Information
  • Amenities: Common Laundry, Storage
  • Elementary School: LAKE PARK ELEMENTARY
  • High School: NAPLES HIGH SCHOOL
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • Pets: With Approval
  • Property Features: Common Area Washer/Dryer
  • Road Responsibility: Public Maintained Road
Parking
  • Carport Desc: 1 Assigned, Paved
  • Carport Spaces: 0
  • Attached Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Garage: No
  • Total Parking: 0
HOA and Fees
  • HOA Desc: Yes
  • HOA Fee: $.00
  • Condo Fee Freq: Quarterly
  • Condo Fee: $725
  • Primary HOA Fee: $0
  • Primary HOA Fee: $2,900.00
  • Tax Annual Amount: $1,777.99
Interior and Exterior Features
Interior Features
  • Laundry Features: Common Area
  • Approx Living Area: 471.0
  • Living Area Units: Square Feet
  • Bedroom Desc: First Floor Bedroom,Master BR Ground
  • Bedrooms: 1 Bed
  • Dining Description: See Remarks
  • Elevator: None
  • Appliances: None
  • Equipment: None
  • Flooring: See Remarks
  • Interior Features: Other, Common Area Washer/Dryer
  • Num Unit Floor: 1
  • Private Pool: No
  • Private Spa: No
  • Room Count: 0
  • Total Floors: 1
  • Baths Full: 1
  • Half Bathrooms: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms: 1
  • Bedrooms Total: 1
  • Fireplace: No
  • Foundation Details: Concrete Block
  • View YN: Yes
  • Floor Plan Type: Other
  • Additional Rooms: Glass Porch
  • Gas: No
Exterior Features
  • Exterior Features: Glass Porch, Patio
  • Exterior Finish: Concrete Block, Stucco
  • Roof: Shingle
  • Storm Protection: Shutters - Manual
Property Information
Utilities
  • Cooling: Central Electric
  • Cooling YN: Yes
  • Heat: Central Electric
  • Heating YN: Yes
  • Irrigation: Central
  • Water: Central
Rental
Rental Information
  • Lease Limits YN: Yes
  • Horse: No
  • Lease Term: Buyer Pays Title, CASH ONLY
  • Transfer Fee: $.00
  • Leases Per Year: 12
  • Min Days of Lease: 30

Property History for 1011 7th Street South, Unit 1011

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1011 7th Street South, Unit 1011

Taxable ValueLand-Additions$148,960Total-
Tax Record2020$1,512 ($126 / month)
Home Facts
Beds0Total Finished SqFt392 SqFtAbove Grade Finished SqFt392 SqFtStyleCondominiumYear Built1974Year Renovated1974CountyCOLLIERAPN05830040002

Schools near 1011 7th Street South, Unit 1011

This home is within Collier.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
Lake Park Elementary School
PublicPK to 5

Naples High School
PublicPK to 12

Gulfview Middle School
Public6 to 8

Collier Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Downing Frye Realty Inc., Laurie Rose

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.