$640,000
SOLD AUG 1, 2023

7910 Mahogany Run Ln Unit 1214 Naples, FL 34113

Lely Resort Neighborhood
3 Beds
2 Baths
1,389 Sq Ft
$503/mo HOA Fee

Recently Sold

$461 Per Sq Ft

3% Below List Price

73 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Hydromassage or Jetted Bathtub
  • Golf Course Community
  • Clubhouse
  • Furnished

About This Home

As of August 2023

PURCHASE THIS VERY PROFITABLE FIRST FLOOR 3/2 VACATION RENTAL BUSINESS. WE OWN AN IDENTICAL UNIT THAT FROM JAN-APRIL 2023 HAS CONFIRMED RENTALS $45K. 2022 YEARLY INCOME WAS OVER $75K (SEE ATTACHEMENTS FOR SISTER PROPERTY) 2023 PROJECTED RENTALS ARE MUCH HIGHER. 2022 RENTALS WERE AFFECTED BY HURRICANE IAN AND EXTENSIVE OWNER USE. DEVELOPMENT ALLOWS DAILY RENTALS WITH NO RESORT FEE, NO RESTRICTIONS AND NO ASSESSMENTS. YOU CAN RENT ON YOUR OWN USING VRBO/AIRBNB OR YOU CAN USE THEIR ON PREMISE MANAGMENT COMPANY. THIS TURNKEY PROPERTY WAS PROFESSIONALLY DECORTATED WITH EVERY UPGRADE IMAGINABLE. LOCATED IN THE BEAUTIFUL LELY RESORTS TURNKEY WITH DESIGNER EVERYTHING, HUGE SMART TVS, NEW KITCHEN & APPLIANCES. ALL FURNITURE, BEDS, MATTRESSES, EVERYTHING IN THE UNIT IS LESS THAN ONE MONTH OLD. GROUNDS ARE PRISTINE. GOLF INCLUDED, INCREDIBLE BUSINESS OPPORTUNUITY WITH OUTSTANDING RENTAL INCOME. YOU ARE NOT REQUIRED TO USE THE DEVELOPMENTS RENTAL PROGRAM. THERE IS NO RESORT FEE AND YOUR GUESTS HAVE ACCESS TO THE ENTIRE DEVELOPMENT. OWNER WILL TRANSITION FUTURE RENTALS AND EQUIP NEW BUYER WITH EVERYTHING FROM CLEANING COMPANY TO TRAINING RELATED TO THE RENTAL PROCESS WITH VRBO AND AIRBNB.

Last Agent to Sell the Property

Pedrin Valbuena

Pedrin of Miami Realty Inc License #271000700 Listed on: 05/20/2023

Last Buyer's Agent

Amaar Rahman

Keller Williams Realty Naples License #249530429

Keller Williams Realty Naples

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $503 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,389 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Double Hung Windows
  • Entrance Foyer
  • Open Floorplan
  • Laminate Flooring
  • Lake Views

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

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 1214
  • Assessor Parcel Number 46686002088

Community Details

Overview

  • Association fees include management, cable TV, golf, insurance, internet, irrigation water, ground maintenance, pest control, recreation facilities, trash, water
  • 200 Units
  • Association Phone (239) 747-7227
  • Greenlinks Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,687

Year Built

Built in 2000

Lot Details

0

HOA Fees

$503 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
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Built-in Features, Bathtub, Dual Sinks, Entrance Foyer, Family/Dining Room, Jetted Tub, Living/Dining Room, Multiple Primary Suites, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1389.0
  • Stories: 1
  • 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: South
  • Exterior Features: Security/High Impact Doors, Patio
  • 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, Ceiling Fan(s), 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, Near Hotel/Motel
  • Amenities: Basketball Court, Bocce Court, Clubhouse, Fitness Center, Golf Course, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trail(s), Management, Satellite TV
  • Association #2 Fee: 503.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 2397477227
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

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 #: 46686002088

Multi Family

  • Number Of Units In Community: 200

Tax Info

  • Tax Annual Amount: 2687.02
  • Tax Lot: 1214
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Aug 1, 2023
Sold by
Valbuena Managing Partners Llc
Bought by
Mary E Pfeffer Revocable Living Trust and William M Pfeffer Revocable Living Trust
Seller's Agent
Pedrin Valbuena
Pedrin of Miami Realty Inc
Buyer's Agent
Amaar Rahman
Keller Williams Realty Naples
List Price
$659,900
Sold Price
$640,000
Premium/Discount to List
-$19,900
-3.02%
Views
146
Current Estimated Value
$513,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,741
Avg. Annual Appreciation
-9.80%

Purchase Details

Listed on
Nov 15, 2022
Closed on
Apr 11, 2023
Sold by
Bell Joseph and Bell Linda
Bought by
Valbuena Managing Partners Llc
Seller's Agent
Lisa Tyler
eXp Realty LLC
Buyer's Agent
Pedrin Valbuena
Pedrin of Miami Realty Inc
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
222.92%
Original Mortgage
$360,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bell Joseph and Bell Linda

Purchase Details

Closed on
Mar 15, 2010
Sold by
Harty Joseph V
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 9, 2004
Sold by
Lely Golf Villas I Lp
Bought by
Harty Joseph and Harty Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,310
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $640,000 None Listed On Document
Warranty Deed $445,000 None Listed On Document
Special Warranty Deed $110,000 Watson Title Ins Agency Inc
Trustee Deed -- None Available
Special Warranty Deed $180,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $238,000 Unknown
Previous Owner $158,310 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $640,000 -3.0% $461 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $659,900 +48.3% $475 / Sq Ft
04/11/2023 04/11/23 Sold $445,000 -1.1% $320 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $449,900 -3.2% $324 / Sq Ft
11/15/2022 11/15/22 For Sale $465,000 -- $335 / 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 $4,134 $404,199 -- $404,199
2024 $3,072 $393,087 -- $393,087
2023 $3,072 $211,767 $0 $0
2022 $2,687 $192,515 $0 $0
2021 $2,162 $175,014 $0 $175,014
2020 $2,054 $164,867 $0 $0
2019 $1,973 $149,879 $0 $0
2018 $1,848 $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 -- $93,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223038494

Florida Gulf Coast Multiple Listing Service

APN: 46686002088