NOT LISTED FOR SALE

7870 Mahogany Run Ln Unit 1714 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $394,000 - $586,000

2 Beds
2 Baths
1,244 Sq Ft
$644/mo HOA Fee

Last Sold March 17, 2023

Last sale price $599,900 $482 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,561/month

28 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Main Floor Bedroom
  • Golf Course Community
  • Clubhouse
  • Furnished

About This Home

As of March 2023

TURNKEY, BEAUTIFULLY REMODELED 2/2 IN THE LELY RESORTS. LAKE VIEW, FIRST FLOOR LOCATED RIGHT NEXT TO THE POOL.
OWN A VACATION RENTAL THAT YOU WILL NOT ONLY ENJOY BUT ALSO PROFIT FROM.
2022 RENTAL INCOME:
PROPERTY GENERATED $65,000 (IN 9 MONTHS) WAS PROJECTED TO GENERATE OVER $80,000.00 RENTED JAN-APRIL, IT WAS BLOCKED THE ENTIRE MONTH OF MAY FOR A COMPLETE REMODEL TO INCLUDE A NEW KITCHEN. OWNERS OCCUPIED THE PROPERTY AUGUST-SEPTEMBER AND BLOCKED RENTALS. THE UNIT ALSO HAD SEVERAL CANCELATIONS DUE TO HURRICANE IAN, (PROPERTY DID NOT SUSTAIN ANY HURRICANE DAMAGE AT ALL). CURRENTLY HAS CONFIRMED FUTURE RENTALS FOR JANUARY 14 DAYS @ $475 PER NIGHT AND FEBRUARY 27 DAYS AT $550.00 PER NIGHT. GOLF MEMBERSHIP INCLUDES 42 ROUNDS PER YEAR AT LELY FLAMINGO AND MUSTANG GOLF COURSES

TURNKEY WITH DESIGNER EVERYTHING, HUGE SMART TVS, NEW KITCHEN & APPLIANCES. ALL FURNITURE, BEDS, MATTRESSES, EVERYTHING IN THE UNIT IS LESS THAN 8 MONTHS OLD WITH NOTHING BUT 5 STAR REVIEWS. GROUNDS ARE PRISTINE. INCREDIBLE BUSINESS OPPORTUNUITY WITH OUTSTANDING RENTAL INCOME. YOU ARE NOT REQUIRED TO USE THEIR RENTAL PROGRAM. NO RESORT FEE

Last Agent to Sell the Property

Pedrin Valbuena

Pedrin of Miami Realty Inc License #271000700 Listed on: 01/18/2023

Last Buyer's Agent

Amy Kelly

Epique Realty, Inc. License #267510125

Epique Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

Home Design

  • Entry on the 1st floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Hung Windows
  • Combination Dining and Living Room
  • Laminate Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1714
  • Assessor Parcel Number 46686000284

Community Details

Overview

  • Association fees include management, cable TV, golf, insurance, internet, irrigation water, ground maintenance, pest control, recreation facilities, trash, water
  • 106 Units
  • Association Phone (239) 732-9920
  • Greenlinks Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,691

Year Built

Built in 2000

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: GREENLINKS
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Bathtub, Living/Dining Room, Main Level Primary, Pantry, High Speed Internet, Split Bedrooms
  • Living Area: 1244.0
  • Stories: 2
  • Window Features: Double Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: None, Patio, Tennis Court(s)
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Golf, Near Hotel/Motel, Tennis Court(s)
  • Amenities: Basketball Court, Bocce Court, Clubhouse, Fitness Center, Golf Course, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), Management, Satellite TV
  • Association Fee: 147.0
  • Association Fee Frequency: Monthly
  • Phone: 2397329920
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 1491.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Golf, Insurance, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Recreation Facilities, Trash, Water

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: MANATEE MIDDLE SCHOOL

Lot Info

  • Parcel #: 46686000284

Multi Family

  • Number Of Units In Community: 106

Tax Info

  • Tax Annual Amount: 1691.0
  • Tax Lot: 1714
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 17, 2023
Sold by
Valbuena Pedro and Valbuena Diana
Bought by
F23 Llc
Seller's Agent
Pedrin Valbuena
Pedrin of Miami Realty Inc
Buyer's Agent
Amy Kelly
Epique Realty, Inc.
List Price
$599,900
Sold Price
$599,900
Views
31
Current Estimated Value
$501,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,222
Avg. Annual Appreciation
-6.85%

Purchase Details

Listed on
Nov 7, 2021
Closed on
Dec 27, 2021
Sold by
Gorman Michael D
Bought by
Valbuena Pedro and Valbuena Diana
Seller's Agent
Susan Bagyura
John R. Wood Properties
Buyer's Agent
Associaton 13-Miami
Local Associations
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.37%
Original Mortgage
$270,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Mikelson Patricia R
Bought by
Gorman Michael D and Gorman Anita M

Purchase Details

Closed on
Jun 19, 2001
Sold by
Lely Golf Villas I Ltd Ptnr
Bought by
Mikelson Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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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
F23 Llc $599,900 Cape Coral Title
Valbuena Pedro $345,000 Conroy Conroy & Durant Pa
Gorman Michael D $178,200 --
Mikelson Patricia R $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valbuena Pedro $270,000
Previous Owner Mikelson Patricia R $107,000
Previous Owner Mikelson Patricia R $107,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $599,900 0.0% $482 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $599,900 +73.9% $482 / Sq Ft
12/27/2021 12/27/21 Sold $345,000 -1.4% $325 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $349,900 -- $329 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,202 $309,042 -- $309,042
2024 $2,845 $300,546 -- $300,546
2023 $2,845 $237,471 $0 $0
2022 $2,543 $215,883 $0 $215,883
2021 $1,691 $133,812 $0 $133,812
2020 $1,637 $130,626 $0 $130,626
2019 $1,600 $123,204 $0 $0
2018 $1,500 $112,004 $0 $0
2017 $1,451 $101,822 $0 $0
2016 $1,320 $92,565 $0 $0
2015 $1,232 $84,150 $0 $0
2014 -- $76,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223004714

Florida Gulf Coast Multiple Listing Service

APN: 46686000284