NOT LISTED FOR SALE

8912 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $912,000 - $1,077,000

4 Beds
3 Baths
2,438 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $1,000,000 $410 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,305/month

228 Days on Market

Highlights

  • Full Service Day or Wellness Spa
  • Fitness Center
  • Cathedral Ceiling
  • Community Cabanas
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2024

Truly beautiful single-family pool home with 4 bedrooms and 3 bathrooms in the Mustang Island community within Lely Resort. This home offers an unparalleled blend of elegance, comfort and resort-style amenities. Tile and hardwood floors throughout, two separate living areas and vaulted ceilings creates a sense of timeliness and spaciousness! Complete interior of the home freshly painted, and the exterior of the home painted one year ago. A large pool and spa beckon, promising endless hours of relaxation and entertainment. Brand new pool heater. Home comes with generator and 240 amp service for electric vehicles. As an added allure, this home includes membership to the Players Club and Spa. Indulge in a lifestyle of luxury with access to fine dining, resort style pools, tennis and pickleball courts, and a calendar filled with exciting events. In addition, Lely Resort is home to three 18-hole championship golf courses. The Flamingo and Mustang are public courses and available year-round. Lely Resort offers over 3,000 acres of landscaped beauty and is only 15 minutes to Fifth Avenue and downtown Naples. Discover the essence of Naples living in this exceptional home.

Last Agent to Sell the Property

John McGrath

Berkshire Hathaway FL Realty License #NAPLES-249520557 Listed on: 11/10/2023

Berkshire Hathaway FL Realty

Last Buyer's Agent

Bob Cowan

Compass Florida LLC

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Privacy Fence

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 2,438 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Great Room
  • Breakfast Room
  • Family or Dining Combination
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Concrete Pool
  • Solar Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Solar Heated Spa

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 60698001406

Community Details

Overview

  • $7,500 Membership Fee
  • Lely Resort Community

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant
  • Clubhouse
  • Billiard Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Community Cabanas
  • Community Pool
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 2004

Lot Details

0

HOA Fees

$683 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 69
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.077136$-81.711115$91.64$13.33$1.00$CAoSLEFGMVFpcFBlQlBYc0tMbGowZlVDZ1E1RDl5Y1kzOWx3UnNsZXJzUjRHRjlO
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • 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: 410.17
  • Total Floors: 1
  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2438
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Room, Family Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Internet Available, Laundry Tub, Pantry, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung, Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Privacy Wall
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Heated Electric, Heated Solar, Screened
  • Private Spa Type: Above Ground, Heated Electric, Heated Solar

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Motorcycles, No RV, No Truck
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 723
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Security
  • Master Hoa Fee: 112
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 5200
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Basketball, Bike And Jog Path, Billiards, Bocce Court, Cabana, Clubhouse, Community Pool, Dog Park, Electric Vehicle Charging, Exercise Room, Extra Storage, Fitness Center Attended, Full Service Spa, Internet Access, Pickleball, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 180

Fee Information

  • Application Fee: 150.00
  • One Time Mandatory Club Fee: 7500

Schools

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

Lot Info

  • Builder Product: No
  • Section: 33
  • Total Area: 2861
  • Waterfront: No
  • Acres: 0.3000
  • Rear Exposure: West
  • Lot Description: Regular
  • Parcel Number: 60698001406

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: 5255.78
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jul 18, 2024
Sold by
Mchargue Ronald W and Mchargue Patricia D
Bought by
Miller Kevin Paul and Miller Lorraine Carol
Seller's Agent
John McGrath
Berkshire Hathaway FL Realty
Buyer's Agent
Bob Cowan
Compass Florida LLC
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Views
174
Current Estimated Value
$991,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,932
Avg. Annual Appreciation
-0.70%
Original Mortgage
$500,000
Outstanding Balance
$493,982
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$497,086

Purchase Details

Closed on
Mar 31, 2004
Sold by
Centex Homes
Bought by
Mchargue Ronald W and Mchargue Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Miller Kevin Paul $1,000,000 None Listed On Document
Mchargue Ronald W $438,837 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kevin Paul $500,000
Previous Owner Mchargue Ronald W $384,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $1,000,000 -4.7% $410 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $1,049,000 -10.7% $430 / Sq Ft
01/11/2024 01/11/24 Price Changed $1,175,000 -6.0% $482 / Sq Ft
11/10/2023 11/10/23 For Sale $1,250,000 -- $513 / 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 $5,205 $910,116 $522,720 $387,396
2024 $5,160 $443,443 -- --
2023 $5,160 $430,527 $0 $0
2022 $5,256 $417,987 $0 $0
2021 $5,228 $405,813 $0 $0
2020 $5,105 $400,210 $0 $0
2019 $5,028 $391,212 $0 $0
2018 $4,934 $383,918 $0 $0
2017 $4,810 $376,022 $0 $0
2016 $4,625 $368,288 $0 $0
2015 $4,653 $365,728 $0 $0
2014 $4,661 $312,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McGrath

    Seller's Agent in 2024

    John McGrath

    Berkshire Hathaway FL Realty

    (239) 659-2400

    4 in this area

    20 Total Sales

    John McGrath
    Section Image
  • Bob Cowan

    Buyer's Agent in 2024

    Bob Cowan

    Compass Florida LLC

    (414) 303-1528

    46 in this area

    69 Total Sales

    Bob Cowan
    Section Image
  • Denise Cowan

    Buyer Co-Listing Agent in 2024

    Denise Cowan

    Compass Florida LLC

    (414) 640-2080

    6 in this area

    7 Total Sales

    Denise Cowan
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223082448

Naples Area Board of REALTORS®

APN: 60698001406

Florida Collier County Naples 34113 Lely Resort

8912 Mustang Island Cir, Naples, FL

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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