NOT LISTED FOR SALE

8705 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $1,086,457 - $1,238,000

3 Beds
3.5 Baths
2,450 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $720,000 $294 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,431/month

18 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Private Membership Available
  • Golf Course Community
  • Screened Pool
  • Clubhouse

About This Home

As of April 2021

Spectacular Million Dollar View with endless sunsets! Tilbury model is a must-see! The 2,450 square-foot home sits on an oversized lot with large front and back yards. Oversized lanai and custom pool & spa with water features. Freshly painted inside and out, new ROOF. Tray ceilings in the living room, dining room and Master suite. The master suite is spacious and comfortable, featuring a sitting area and his-and-her closets. The eat-in kitchen offers granite countertops, stainless appliances, generous cabinet space with pantry. Enjoy beautiful sunsets from the privacy of your screened-in lanai while relaxing in the heated pool and spa. The laundry room has cabinet space for storage and a full utility sink. Updated air condition, wooden floors, and hardwired in ceiling and poolside speaker system. The Player s Club named 8 times winner offers fine and casual dining, poolside Tiki bar, spa services, a 6,000 square-foot fitness center, waterfall pools, 13 Har Tru tennis courts, pickle-ball and bocci. Lely Resort is surrounded by 3 Championship golf courses. Mustang Island is just minutes from downtown Naples, Marco Island, and our beautiful Naples Beaches.

Last Agent to Sell the Property

Tina Carvalho

Advantage Sales & Rentals Inc License #NAPLES-249514144 Listed on: 12/23/2020

Last Buyer's Agent

Mark Alterio

Premiere Plus Realty Company License #NAPLES-609526795

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,531

Year Built

  • Built in 2004

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Golf Course

Home Design

  • Traditional Architecture
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Equipment Stays

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60698002065

Community Details

Overview

  • $7,500 Membership Fee
  • Private Membership Available

Amenities

  • Restaurant
  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Dog Park
  • Bike Trail

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,531

Year Built

Built in 2004

Lot Details

0

HOA Fees

$579 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 102
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: Traditional
  • Storm Protection: Shutters - Manual, Shutters - Screens/Fabric
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 293.88
  • Total Floors: 1
  • Room Count: 8
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2450
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Instant Hot Faucet, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Coffered Ceiling, French Doors, High Speed Available, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Tray Ceiling
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road, Public Road
  • View: Golf Course, Lake
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Electric, Salt Water System, Screened
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric
  • Waterfront Type: Lake

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-596-7200
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 51
  • HOA Fee Frequency: Annually
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Reserve, Street Lights, Street Maintenance
  • Master Hoa Fee: 650
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 4300
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Bike And Jog Path, Billiards, Business Center, Clubhouse, Dog Park, Fitness Center Attended, Internet Access, Pickleball, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Theater, Underground Utility
  • Community Type: Gated, Golf Course
  • Units In Building: 1
  • Total Number of Units: 180

Fee Information

  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 7500

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: 102
  • Section: 33
  • Total Area: 2860
  • Waterfront: Yes
  • Rear Exposure: Southwest
  • Lot Description: Oversize
  • Parcel Number: 60698002065

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 6531.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Apr 8, 2021
Sold by
Soohoo Lawrence and Soohoo Wanda
Bought by
Bugbee Shaun and Bugbee Patty
Seller's Agent
Tina Carvalho
Advantage Sales & Rentals Inc
Buyer's Agent
Mark Alterio
Premiere Plus Realty Company
List Price
$775,000
Sold Price
$720,000
Premium/Discount to List
-$55,000
-7.1%
Current Estimated Value
$1,085,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,846
Avg. Annual Appreciation
11.29%
Original Mortgage
$360,000
Outstanding Balance
$325,224
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$828,640

Purchase Details

Closed on
Apr 1, 2011
Sold by
Banyan Tree Funding Lp
Bought by
Soohoo Lawrence and Soohoo Wanda

Purchase Details

Closed on
Sep 16, 2010
Sold by
Gonzalez Jose M and Gonzalez Azucera Morales
Bought by
Banyan Tree Funding Lp

Purchase Details

Closed on
Nov 20, 2006
Sold by
Sherwin Elliott and Sherwin Sharon
Bought by
Gonzalez Jose M and Gonzalez Azucera Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
8.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 2004
Sold by
Centex Homes
Bought by
Sherwin Elliott and Sherwin Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bugbee Shaun $720,000 Omega National Title Agency
Soohoo Lawrence $345,000 Florida Universal Title Llc
Banyan Tree Funding Lp -- Attorney
Gonzalez Jose M $595,000 Tropical Title
Sherwin Elliott $439,013 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bugbee Shaun $360,000
Previous Owner Gonzalez Jose M $535,500
Previous Owner Sherwin Elliott $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $720,000 -7.1% $294 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $775,000 -- $316 / 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
2024 $11,769 $1,032,752 $557,847 $474,905
2023 $11,769 $999,763 $0 $0
2022 $11,074 $908,875 $374,708 $534,167
2021 $6,979 $519,839 $101,307 $418,532
2020 $6,531 $487,456 $84,047 $403,409
2019 $6,622 $492,282 $103,558 $388,724
2018 $6,621 $493,381 $121,568 $371,813
2017 $7,003 $528,568 $148,208 $380,360
2016 $6,834 $521,749 $0 $0
2015 $6,659 $491,086 $0 $0
2014 $6,263 $446,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Carvalho

    Seller's Agent in 2021

    Tina Carvalho

    Advantage Sales & Rentals Inc

    (239) 601-5556

    5 in this area

    42 Total Sales

    Tina Carvalho
    Section Image
  • Mark Alterio

    Buyer's Agent in 2021

    Mark Alterio

    Premiere Plus Realty Company

    (239) 860-1514

    31 in this area

    36 Total Sales

    Mark Alterio
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220081472

Naples Area Board of REALTORS®

APN: 60698002065

Florida Collier County Naples 34113 Lely Resort

8705 Mustang Island Cir, Naples, FL

This home is located at 8705 Mustang Island Cir, Naples, FL 34113 since 23 December 2020 and is currently estimated at $1,153,864, approximately $470 per square foot. This property was built in 2004. 8705 Mustang Island Cir 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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