Seller's Agent in 2023
Laurie Rose
Downing Frye Realty Inc.
(239) 595-6094
1 in this area
20 Total Sales
1011 7th St S Unit 1011 Naples, FL 34102
Downtown Naples NeighborhoodEstimated Value: $354,269 - $405,000
1
Bed
1
Bath
471
Sq Ft
$242/mo
HOA Fee
Highlights
- Main Floor Primary Bedroom
- Shutters
- Enclosed Glass Porch
- Lake Park Elementary School Rated A
- Concrete Block With Brick
- 5-minute walk to Cambier Park
About This Home
As of May 2023Looking 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,778
Year Built
- Built in 1974
Lot Details
- East Facing Home
HOA Fees
- $242 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Concrete Block With Brick
- Shingle Roof
- Stucco
Interior Spaces
- 471 Sq Ft Home
- 1-Story Property
- Shutters
- Casement Windows
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 1 Parking Garage Space
- Paved Parking
Outdoor Features
- Patio
- Enclosed Glass Porch
Schools
- Lake Park Elementary School
- Gulfview Middle School
- Naples High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 05830040002
Community Details
Overview
- 6 Units
- Low-Rise Condominium
- Colonial Manor Condos
- Olde Naples Community
Amenities
- Laundry Facilities
- Community Storage Space
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2023
Closed on
May 22, 2023
Sold by
Giurgevich James E and Giurgevich Jan Brock
Bought by
John M Thomas Trust
Seller's Agent
Laurie Rose
Downing Frye Realty Inc.
Buyer's Agent
Laurie Rose
Downing Frye Realty Inc.
List Price
$569,000
Sold Price
$350,750
Premium/Discount to List
-$218,250
-38.36%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,817
Avg. Annual Appreciation
2.54%
Purchase Details
Closed on
Mar 7, 2017
Sold by
Giurgevichi James E and Giurgevichi Jan Brock
Bought by
Giurgevich James E and Giurgevich Jan Brock
Purchase Details
Closed on
Jul 29, 2008
Sold by
Gee W E
Bought by
Giurgevich James E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John M Thomas Trust | $359,000 | None Listed On Document | |
| Giurgevich James E | -- | None Available | |
| Giurgevich James E | -- | Attorney |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $350,750 | -38.4% | $745 / Sq Ft |
| 04/15/2023 04/15/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $569,000 | -- | $1,208 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $983 | $225,441 | -- | -- |
| 2024 | $746 | $107,800 | -- | $107,800 |
| 2023 | $746 | $57,072 | $0 | $0 |
| 2022 | $1,778 | $168,168 | $0 | $0 |
| 2021 | $1,569 | $152,880 | $0 | $152,880 |
| 2020 | $1,512 | $148,960 | $0 | $148,960 |
| 2019 | $1,529 | $148,960 | $0 | $148,960 |
| 2018 | $1,486 | $145,040 | $0 | $145,040 |
| 2017 | $1,403 | $135,181 | $0 | $0 |
| 2016 | $1,305 | $122,892 | $0 | $0 |
| 2015 | $1,188 | $111,720 | $0 | $0 |
| 2014 | $1,118 | $103,880 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Rose
Map
Source: Naples Area Board of REALTORS®
MLS Number: 223020512
APN: 05830040002
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The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. 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.
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