NOT LISTED FOR SALE

8525 Mustang Dr Unit 47 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $408,780 - $496,000

2 Beds
2 Baths
1,466 Sq Ft
$68/mo HOA Fee

Last Sold March 12, 2021

Last sale price $310,000 $211 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,752/month

122 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Eat-In Kitchen
  • Screened Porch
  • 2 Car Attached Garage
  • High Impact Windows

About This Home

As of March 2021

Small private community in popular Lely. 2 bedrooms and den large enough to be a 3rd bedroom, 2 full baths and laundry closet as well as screened lanai. Plenty of room for a pool and large side yard allows for privacy. Voluntary club membership features golf, gym, tennis etc. 65 door community with pool directly across cul-de-sac.

Last Agent to Sell the Property

Cynthia Zullo

A Plus Realty Listed on: 10/17/2020

Last Buyer's Agent

Jeff Cherrie

Fidicity Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1994

Lot Details

  • Southwest Facing Home
  • Sprinkler System

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 5 Ceiling Fans
  • Ceiling Fan
  • French Doors
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Humidstat
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60700001129

Community Details

Overview

  • 2 Units
  • Mustang Villas Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,367

Year Built

Built in 1994

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG VILLAS (HO) LOT 47 OR 1946 PG 1084
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.075589$-81.70531599999998$159.76$13.33$1.00$eYNHbZ4VAD75K2xOus0JCw
  • Building Design: Villa Attached
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 5
  • Num Unit Floor: 1
  • Price Per Sq Ft: 211.46
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1466
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, French Doors, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Public Road
  • View: Landscaped Area
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Humidistat
  • Heat: Central Electric
  • Security: Entry Keypad
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-280-7931
  • Approval: Application Fee
  • Management: Residents
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: MUSTANG VILLAS
  • Maintenance: Lawn/Land Maintenance, Street Lights
  • Master Hoa Fee: 813
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Community Pool, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 2
  • Total Number of Units: 60

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 47
  • Section: 33
  • Total Area: 1700
  • Waterfront: No
  • Acres: 0.2400
  • Rear Exposure: Southwest
  • Lot Description: Cul-De-Sac, Irregular Shape, Oversize
  • Parcel Number: 60700001129

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Mar 6, 2021
Sold by
Senran Llc
Bought by
Eagle Opportunity Fund Llc
Seller's Agent
Cynthia Zullo
A Plus Realty
Buyer's Agent
Jeff Cherrie
Fidicity Realty Inc
List Price
$314,000
Sold Price
$310,000
Premium/Discount to List
-$4,000
-1.27%
Current Estimated Value
$438,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,445
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Baran Gregory G and Ericksen Linda M
Bought by
Senran Llc

Purchase Details

Closed on
May 10, 1994
Sold by
Mustang Dev Corp
Bought by
Baran Gregory G and Ericksen Linda M
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
Eagle Opportunity Fund Llc $310,000 Attorney
Senran Llc -- None Available
Baran Gregory G $124,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $310,000 -1.3% $211 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
10/17/2020 10/17/20 For Sale $314,000 -- $214 / 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 $4,409 $347,190 -- $347,190
2024 $4,496 $325,200 -- $325,200
2023 $4,496 $326,530 $0 $326,530
2022 $4,581 $316,646 $0 $316,646
2021 $3,748 $236,900 $0 $236,900
2020 $3,605 $227,964 $0 $0
2019 $3,375 $207,240 $0 $207,240
2018 $3,367 $207,240 $0 $207,240
2017 $3,572 $211,443 $0 $0
2016 $3,276 $192,221 $0 $0
2015 $2,968 $174,746 $0 $0
2014 $2,705 $158,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Zullo

    Seller's Agent in 2021

    Cynthia Zullo

    A Plus Realty

    (518) 424-7862

    1 in this area

    53 Total Sales

    Cynthia Zullo
    Section Image
  • Jeff Cherrie

    Buyer's Agent in 2021

    Jeff Cherrie

    Fidicity Realty Inc

    (303) 249-9760

    1 in this area

    102 Total Sales

    Jeff Cherrie
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220066594

Naples Area Board of REALTORS®

APN: 60700001129

Florida Collier County Naples 34113 Lely Resort

8525 Mustang Dr Unit 47, Naples, FL

This home is located at 8525 Mustang Dr Unit 47, Naples, FL 34113 since 17 October 2020 and is currently estimated at $438,445, approximately $299 per square foot. This property was built in 1994. 8525 Mustang Dr Unit 47 is a home located in Collier County with nearby schools including Lely Elementary School, Manatee Middle School, and Lely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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