$382,000
SOLD JAN 30, 2025

7980 Mahogany Run Ln Unit 123 Naples, FL 34113

Lely Resort Neighborhood
2 Beds
2 Baths
1,062 Sq Ft
$1,064/mo HOA Fee

Recently Sold

$360 Per Sq Ft

13% Below List Price

78 Days on Market

Highlights

  • Lake Front
  • 24-Hour Guard
  • Clubhouse
  • Golf Course Community
  • Lap Pool
  • Vaulted Ceiling

About This Home

As of January 2025

Priced to sell!! This gorgeous condominium for sale in the heart of Lely Resort offers a stunning lake view, creating a serene and picturesque setting. The home features two spacious bedrooms and two modern bathrooms, perfect for comfortable living or hosting guests. With vaulted ceilings, the interior feels open and airy, enhancing the sense of space and elegance. The updated kitchen comes equipped with sleek countertops, modern appliances, and ample storage, ideal for cooking and entertaining. Turnkey – ready to go – priced to sell. Investors dream.



The property is not only a beautiful home but also a great investment opportunity, situated in a desirable location with potential for rental income or long-term value appreciation. No limits on the number of rentals or number of days you can rent. The combination of lakefront living, stylish updates, and investment potential makes this condo a fantastic choice for buyers.

Amenities include: Optional Players Club membership, on site restaurant, tennis, bocce, resort style swimming pool, shuffleboard walk to 2 semi-private golf courses and enjoy 42 rounds of gold that come with this property. Must be seen to be fully appreciated.

Last Agent to Sell the Property

Mark Alterio

Premiere Plus Realty Company License #NAPLES-609526795 Listed on: 10/09/2024

Premiere Plus Realty Company

Last Buyer's Agent

Kristin Van Heukelom

Local Real Estate LLC License #BEAR-3387434

Local Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • Southeast Facing Home

HOA Fees

Parking

  • Paved Parking

Home Design

  • Condo Hotel
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Lap Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 46686000187

Community Details

Overview

  • $1,900 Secondary HOA Transfer Fee
  • 8 Units
  • Low-Rise Condominium
  • Greenlinks Condos
  • Lely Resort Community

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Exercise Course
  • Community Pool or Spa Combo

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,905

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,064 per month

Listing Details

  • Legal Description: GREENLINKS I A CONDOMINIUM UNIT 123
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.085983$-81.699796$197.15$13.33$1.00$pCtpJ61Hb66Fw3Z4uVVcXQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Year Built: 2000
  • Property Information: Priced to sell!! This gorgeous condominium for sale in the heart of Lely Resort offers a stunning lake view, creating a serene and picturesque setting. The home features two spacious bedrooms and two modern bathrooms, perfect for comfortable living or hosting guests. With vaulted ceilings, the interior feels open and airy, enhancing the sense of space and elegance. The updated kitchen comes equipped with sleek countertops, modern appliances, and ample storage, ideal for cooking and entertaining. Turnkey – ready to go – priced to sell. Investors dream. The property is not only a beautiful home but also a great investment opportunity, situated in a desirable location with potential for rental income or long-term value appreciation. No limits on the number of rentals or number of days you can rent. The combination of lakefront living, stylish updates, and investment potential makes this condo a fantastic choice for buyers. Amenities include: Optional Players Club membership, on site restaurant, tennis, bocce, resort style swimming pool, shuffleboard walk to 2 semi-private golf courses and enjoy 42 rounds of gold that come with this property. Must be seen to be fully appreciated.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 359.70
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1062
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Tile, Vinyl
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Internet Available, Vaulted Ceiling, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Shower Only
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Other
  • Road: Private Road
  • View: Lake, Landscaped Area
  • Exterior Features: Other
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Parking: Free Standing, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-747-7227
  • Management: Professional
  • Mandatory HOA: Yes
  • Sub Condo Name: GREENLINKS
  • Condo Fees: 2173
  • Condo Fee Frequency: Quarterly
  • Maintenance: Other
  • Master Hoa Fee: 77
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 4003
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 35
  • Development: Lely Resort
  • Amenities: BBQ - Picnic, Bocce Court, Business Center, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Internet Access, Lap Pool, Pickleball, Restaurant, Shuffleboard, Sidewalk, Tennis Court
  • Community Type: Condo/Hotel
  • Units In Building: 8
  • Total Number of Units: 192

Fee Information

  • Transfer Fees: 1900.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 123
  • Section: 27
  • Total Area: 1062
  • Waterfront: Yes
  • Rear Exposure: Southeast
  • Lot Description: Zero Lot Line
  • Parcel Number: 46686000187

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2904.85
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Jan 29, 2025
Sold by
Tusa Korinne
Bought by
Wardell Leslie G and Wardell Marlene Jeanette
Seller's Agent
Mark Alterio
Premiere Plus Realty Company
Buyer's Agent
Kristin Van Heukelom
Local Real Estate LLC
List Price
$440,000
Sold Price
$382,000
Premium/Discount to List
-$58,000
-13.18%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$305,600
Outstanding Balance
$304,802
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$90,552

Purchase Details

Closed on
Nov 8, 2021
Sold by
Addonizio Thomas S
Bought by
Tusa Korinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2018
Closed on
May 17, 2019
Sold by
Wilson Heather May
Bought by
Addonizio Thomas S
Seller's Agent
ML Meade
Premier Sotheby's International Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$164,700
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2015
Sold by
Pollara Heather Kristine
Bought by
Wilson Heather May

Purchase Details

Listed on
Nov 9, 2013
Closed on
Feb 28, 2014
Sold by
Oguneye Kunbi and Oguneye Olakunbi
Bought by
Wilson Heather May and Pollara Heather Kristine
Seller's Agent
Jacki Strategos
Coldwell Banker Realty
Buyer's Agent
Michelle Thomas
Premier Sotheby's International Realty
List Price
$124,900
Sold Price
$97,500
Premium/Discount to List
-$27,400
-21.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Lowry Gordon and Lowry Ann
Bought by
Oguneye Kunbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
1.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2001
Sold by
Lely Golf Villas I Ltd Ptnr
Bought by
Mccabe Jeff and Mccabe Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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 $382,000 None Listed On Document
Warranty Deed $382,000 None Listed On Document
Warranty Deed $180,000 Attorney
Warranty Deed $190,000 Attorney
Special Warranty Deed -- Attorney
Warranty Deed $97,500 Attorney
Warranty Deed $249,000 --
Warranty Deed $148,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,600 New Conventional
Closed $305,600 New Conventional
Previous Owner $171,000 New Conventional
Previous Owner $164,700 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $199,200 Fannie Mae Freddie Mac
Previous Owner $199,200 Negative Amortization
Previous Owner $116,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $419,500 +9.8% $395 / Sq Ft
01/30/2025 01/30/25 Sold $382,000 -4.0% $360 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/16/2024 12/16/24 Price Changed $398,000 -5.0% $375 / Sq Ft
11/05/2024 11/05/24 Price Changed $419,000 -4.8% $395 / Sq Ft
10/09/2024 10/09/24 For Sale $440,000 +131.6% $414 / Sq Ft
05/17/2019 05/17/19 Sold $190,000 -13.2% $179 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
09/10/2018 09/10/18 For Sale $219,000 +124.6% $206 / Sq Ft
02/25/2014 02/25/14 Sold $97,500 -21.9% $92 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $124,900 -- $118 / 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
2023 $2,905 $243,824 $0 $0
2022 $2,606 $221,658 $0 $221,658
2021 $1,725 $3,000 $0 $3,000
2020 $1,671 $133,626 $0 $133,626
2019 $1,681 $133,626 $0 $133,626
2018 $1,619 $128,316 $0 $128,316
2017 $1,655 $131,502 $0 $131,502
2016 $1,507 $119,820 $0 $0
2015 $1,403 $109,200 $0 $0
2014 $1,068 $79,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224081889

Naples Area Board of REALTORS®

APN: 46686000187