NOT LISTED FOR SALE

12040 Mahogany Isle Ln Fort Myers, FL 33913

Gateway Neighborhood

Estimated Value: $703,000 - $798,262

3 Beds
3.5 Baths
2,999 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $560,000 $187 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,816/month

17 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • 24-Hour Guard
  • Golf Course Community
  • Screened Pool
  • Clubhouse

About This Home

As of May 2021

Beautiful home in the prestigious development of Gateway. BRAND NEW ROOF. Enter the French doors to a very rare owner's suite's encompassing a fully furnished office/library with a closet, 2 walk-in closets and a beautiful master bedroom with a tray ceiling ans French doors to the lanai. Large modern new tile flows throughout the home other than two guest bedrooms, each one with their own bathroom. Spacious open floor plan as you enter you will notice the super high ceiling. beautiful kitchen with an island, GAS stove, wall oven and microwave combo. Tastefully decorated and updated. Large lanai with pool and serene lake views. Visit this house and make it your home.

Last Agent to Sell the Property

Robert LaBelle

Downing Frye Realty Inc. Listed on: 03/18/2021

Downing Frye Realty Inc.

Last Buyer's Agent

Patti Proffitt

Gulfside Elite Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1997

Lot Details

  • 0.32 Acre Lot
  • Lake Front
  • Property fronts a private road
  • South Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,999 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Arched Windows
  • French Doors
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Pond

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-45-26-18-0000B.0080
  • Tax Block B

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • Mandatory home owners association

Amenities

  • Restaurant
  • Beauty Salon
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Putting Green
  • Park
  • Dog Park
  • Bike Trail

Security

  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,454

Year Built

Built in 1997

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Legal Description: GATEWAY PH-18 PB 55 PGS 61-72 BLK B LOT 8
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 186.73
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2999
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Closet Cabinets, Coffered Ceiling, Fire Sprinkler, French Doors, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling, Volume Ceiling, Walk-In Closet
  • Kitchen: Gas Available, Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road, Private Road
  • View: Lake
  • Exterior Features: Pond, Private Road, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Pool Bath, Screened
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV, No Truck
  • Sub Condo Name: MAHOGANY ISLE
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Master Association Fee Incl, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 480
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Gateway
  • Amenities: Beauty Salon, Bike And Jog Path, Bocce Court, Clubhouse, Community Park, Community Pool, Dog Park, Exercise Room, Fitness Center Attended, Golf Course, Internet Access, Pickleball, Putting Green, Restaurant, Streetlight, Tennis Court
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 500.00
  • Application Fee: 100.00

Lot Info

  • Builder Product: Yes
  • Section: 7
  • Total Area: 5089
  • Waterfront: Yes
  • Zoning Code: PUD
  • Acres: 0.3220
  • Rear Exposure: South
  • Lot Description: Across From Waterfront, Oversize
  • Parcel Number: 07-45-26-18-0000B.0080

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 6454.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 17, 2021
Sold by
Hayden William and Steinhart William
Bought by
Farrer Gregory S and Farrer Michele Lee
Seller's Agent
Robert LaBelle
Downing Frye Realty Inc.
Buyer's Agent
Patti Proffitt
Gulfside Elite Realty LLC
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$758,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,066
Avg. Annual Appreciation
6.80%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Friedlander Charles Jackson and Jackson Friedlander Charles
Bought by
Friedlander Charles Jackson and Charles Jackson Friedlander Revocable Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrer Gregory S $560,000 Premier Reputation Title
Friedlander Charles Jackson -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrer Gregory S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $560,000 +1.8% $187 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $550,000 0.0% $183 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $550,000 -- $183 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $8,072 $544,486 -- --
2024 $7,558 $529,141 -- --
2023 $7,558 $503,322 $0 $0
2022 $7,404 $488,625 $0 $0
2021 $6,509 $388,502 $89,980 $298,522
2020 $6,454 $374,666 $87,350 $287,316
2019 $6,252 $366,613 $86,700 $279,913
2018 $6,409 $372,248 $86,700 $285,548
2017 $6,705 $387,609 $85,000 $302,609
2016 $6,385 $369,677 $85,659 $284,018
2015 $5,883 $329,689 $85,079 $244,610
2014 $5,629 $324,206 $65,648 $258,558
2013 -- $308,771 $60,650 $248,121
Source: Public Records

Agents Affiliated with this Home

  • Robert LaBelle

    Seller's Agent in 2021

    Robert LaBelle

    Downing Frye Realty Inc.

    (239) 218-1008

    9 in this area

    9 Total Sales

    Robert LaBelle
    Section Image
  • Patti Proffitt

    Buyer's Agent in 2021

    Patti Proffitt

    Gulfside Elite Realty LLC

    (239) 443-8642

    1 in this area

    25 Total Sales

    Patti Proffitt
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221020656

Naples Area Board of REALTORS®

APN: 07-45-26-18-0000B.0080

Florida Lee County Fort Myers 33913 Gateway

12040 Mahogany Isle Ln, Fort Myers, FL

Not Listed for Sale

Detached

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Naples Area Board of REALTORS® 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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