7885 Mahogany Run Ln Unit 1513 Naples, FL 34113
Lely Resort Neighborhood
2
Beds
2
Baths
1,389
Sq Ft
$1,047/mo
HOA Fee
Highlights
- Lake Front
- 24-Hour Guard
- Clubhouse
- Golf Course Community
- Lap Pool
- Pond
About This Home
As of May 2025Discover an extraordinary investment opportunity in the prestigious Lely Resort community with this fully remodeled ground-floor condominium featuring two bedrooms plus a den. Enjoy breathtaking views of a large lake and a peninsula golf hole in Greenlinks. This property is uniquely zoned for unlimited short-term rentals, boasting a proven and verifiable VRBO rental history that generated $200,000 over three years and three months prior to its renovation. The owner invested over $120,000 in extensive upgrades, transforming this condominium into a luxurious retreat. The custom kitchen showcases high-end taller shaker-style cabinets, a stainless steel fan hood over a new slide-in range, an expanded quartz-topped island, new appliances and a coffee bar. In the den, you'll find custom built-in shaker cabinets and a daybed, effectively adding another room for guests. The primary and guest baths have been completely redesigned and built from the studs back up by a high-end Naples renovation company in 2024. Additional enhancements include new taller shaker interior doors with matching trim that highlight the impressive 9-foot ceilings, professional painting with spray-painted trim/doors for a flawless finish, and new large-format neutral porcelain tile floors throughout. The condominium also features new furniture added in 2024, along with upgraded lighting, a commercial-grade washer and dryer, an upgraded slide-in range and smart home technology. Whether utilized as an investment property or personal vacation home, this condominium offers unparalleled potential and exquisite finishes in one of Naples sought-after and best-managed communities. Plus, it includes a rare and coveted Lely Golf membership, providing 42 annual rounds of golf, driving range access, concierge booking and priority tee times. Experience the ultimate golfing lifestyle in this exceptional community.
Last Agent to Sell the Property
Premier Sotheby's Int'l Realty License #NAPLES-249517042
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,375
Year Built
- Built in 2002
Lot Details
- Lake Front
- East Facing Home
- Sprinkler System
HOA Fees
Property Views
- Lake
- Golf Course
Home Design
- Condo Hotel
- Turnkey
- Concrete Block With Brick
- Metal Roof
- Stucco
Interior Spaces
- 1,389 Sq Ft Home
- 1-Story Property
- Window Treatments
- Casement Windows
- Breakfast Room
- Family or Dining Combination
- Den
- Screened Porch
- Tile Flooring
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- Common or Shared Parking
- Paved Parking
- Deeded Parking
Outdoor Features
- Lap Pool
- Pond
Schools
- Lely Elementary School
- Manatee Middle School
- Lely High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 46686002541
Community Details
Overview
- $2,200 Secondary HOA Transfer Fee
- 12 Units
- Low-Rise Condominium
- Greenlinks Condos
- Lely Resort Community
Amenities
- Restaurant
- Clubhouse
- Business Center
- Community Library
- Bike Room
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Bocce Ball Court
- Shuffleboard Court
- Exercise Course
- Community Pool or Spa Combo
- Putting Green
Pet Policy
- Pets up to 35 lbs
- Call for details about the types of pets allowed
- 2 Pets Allowed
Security
- 24-Hour Guard
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2022
Sold by
Hw Capital Inc
Bought by
1000025505 Ontario Inc
Total Days on Market
29
Purchase Details
Closed on
Jan 20, 2020
Sold by
Holder William and Holder Deborah
Bought by
Hw Capital Inc
Purchase Details
Closed on
Apr 17, 2013
Sold by
Dbd Associates Llc
Bought by
Holder William and Holder Deborah
Purchase Details
Closed on
Apr 2, 2005
Sold by
Cascerceri Frank
Bought by
Dbd Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2004
Sold by
Lely Golf Villas I Lp
Bought by
Cascerceri Frank
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Day Pitney Llp | |
| Warranty Deed | $216,500 | Excel Title I Llc | |
| Warranty Deed | $224,000 | Attorney | |
| Warranty Deed | $280,000 | -- | |
| Special Warranty Deed | $205,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $228,600 | New Conventional | |
| Previous Owner | $224,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $555,000 | -4.3% | $400 / Sq Ft |
| 04/05/2025 04/05/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $579,900 | -- | $417 / Sq Ft |
Source: Naples Area Board of REALTORS®
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 |
|---|---|---|---|---|
| 2023 | $3,231 | $223,867 | $0 | $0 |
| 2022 | $2,862 | $203,515 | $0 | $0 |
| 2021 | $2,276 | $185,014 | $0 | $185,014 |
| 2020 | $2,104 | $164,867 | $0 | $0 |
| 2019 | $2,024 | $149,879 | $0 | $0 |
| 2018 | $1,899 | $136,254 | $0 | $0 |
| 2017 | $1,794 | $123,867 | $0 | $0 |
| 2016 | $1,635 | $112,606 | $0 | $0 |
| 2015 | $1,387 | $102,369 | $0 | $0 |
| 2014 | $1,228 | $93,063 | $0 | $0 |
Source: Public Records
Source: Naples Area Board of REALTORS®
MLS Number: 225025113
APN: 46686002541
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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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