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$1,997,000
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Property Description
A gracious residence tucked along a picturesque street just off of Ruggles, ideally located within walking distance to Gooseberry Beach, Newport's mansion district, and the city's celebrated shops, restaurants, and waterfront culture. Offering a rare combination of space, comfort, and amenities, this property represents a turn key opportunity with exceptional outdoor living, ample parking, and air conditioning. The spacious main level is filled with natural light and classic charm. A formal living room opens to the private outdoor oasis, while the updated kitchen is appointed with marble countertops and beautiful cabinetry. The kitchen flows naturally into both a formal dining room and a family room with fireplace. A first-floor bedroom and full bath provide outstanding flexibility for multigenerational living. Upstairs, three bedrooms share a full bath, while the attic offers bonus space. The primary suite is privately situated and accessed via its own staircase, and serves as a peaceful retreat. Walk-in closet with laundry, an ensuite bath with walk-in shower, and a covered balcony create a serene setting. A finished lower level adds versatility with full bath and flexible bonus space. Outside, a bluestone patio and expansive yard create the perfect backdrop for summer gatherings and enjoying Newport's lifestyle. Complete with solar panels and stylish updates, this special home seamlessly blends timeless character with modern convenience in a lovely, quiet neighborhood.
Full Property Details
Full Property Details for 7 Florence Ave
General
- Price: $1,997,000
- Taxes: $9,425 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1413358
- Updated: 6/15/2026
- Added to Site: 51 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Storage, Skylights, Stall Shower, Tub Shower, Jetted Tub
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Masonry
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Spa: Yes
- Tennis: Yes
Exterior
- Exterior Features: Porch, Patio
- Porch/Patio/Deck: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 4
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Ruggles
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Hot Water, Oil
Utilities
- Sewer: Public Sewer
- Water: Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Partial, Partially Finished
- Windows: Skylight(s)
- Stories/Levels: 3
- Building Size: 3288
- Square Feet: 3,288
- Living Area: 3,288 Sq. Ft.
- Finished Total: 3,288 Sq. Ft.
- Finished Above Grnd: 2,855 Sq. Ft.
- Finished Below Grnd: 433 Sq. Ft.
- Year Built: 1945
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $9,425
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Closing to occur after August 15th, 2026. Home is equipped with audio/video surveillance.
- Property ID: 7FLORENCEAVNEWP
- Lot Number: 342
Listed by Mott & Chace Sotheby's Intl.
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Schools
Schools serving 7 Florence Ave
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.7 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.9 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Florence Ave
Date
Details
Price
Change
Source
5/22/2026
Listed
$1,997,000
40.14%
MLS
8/15/2024
Sold
$1,425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7 Florence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,425
-13%
$1,312,700
—
2024
$10,790
26%
$1,312,700
53%
2023
$8,533
4%
$860,200
1%
2022
$8,187
3%
$851,900
—
2021
$7,948
21%
$851,900
34%
2020
$6,556
—
$637,700
—
2019
$6,556
3%
$637,700
—
2018
$6,371
3%
$637,700
16%
2017
$6,186
3%
$551,800
—
2016
$6,031
2%
$551,800
—
2015
$5,888
-5%
$551,800
7%
2014
$6,230
3%
$516,600
—
2013
$6,049
—
$516,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 Florence Ave
7 Florence Avenue, Newport, RI 02840 (MLS# 1413358) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7 Florence Avenue is currently listed for $1,997,000 and was received on May 22, 2026. Want to learn more about 7 Florence Avenue? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

