NOT LISTED FOR SALE

8994 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $1,033,000 - $1,203,000

3 Beds
2 Baths
2,328 Sq Ft
$468/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $1,250,000 $537 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,773/month

5 Days on Market

Highlights

  • Concierge
  • Full Service Day or Wellness Spa
  • Lakefront Beach
  • Lake Front
  • Golf Course Community
  • Fitness Center

About This Home

As of May 2023

Exceptional opportunity to own in Lely, one of Naples most exquisite and private communities. A very short drive to famed 5th Avenue for world class dining and shopping, Lely is an oasis unto itself. Situated with a lake view as well as a golf course view, and surrounded by meticulously landscaped grounds, this is a rare opportunity to own this turnkey custom abode. An open floor plan awaits, with the centerpiece being the island kitchen leading to sliding glass doors and a large covered lanai and pool enclosure. A large, tiled living area is accompanied by 3 bedrooms and 2 baths. Stainless appliances, new lighting fixtures, and a new sound system throughout the house and lanai are some of the added extras. New Samsung televisions in the great living room ( new Sonos sound bar as well ), bedrooms and lanai. Furniture and accessories all new and modern. Two car garage with new epoxy floor. New fresh coat of paint throughout the entire house as well as the garage. Lely is home to three 18 hold championship golf courses, with The Players Club and Spa membership being optional with this home. Come enjoy paradise.

Last Agent to Sell the Property

Steve Ruggieri

Gulf Coast International Prop Listed on: 02/22/2023

Last Buyer's Agent

Marjorie Johnson

Royal Shell Real Estate, Inc. License #BEAR-3335840

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 2002

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions: 67
  • Lake Front
  • Southeast Facing Home
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Lake
  • Golf Course

Home Design

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

Interior Spaces

  • 2,328 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Electric Shutters
  • Double Hung Windows
  • Arched Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Lap Pool
  • In Ground Pool

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 60698000342

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Lely Resort Community
  • Lakefront Beach

Amenities

  • Concierge
  • Full Service Day or Wellness Spa
  • Restaurant
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool or Spa Combo
  • Putting Green
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,903

Year Built

Built in 2002

Lot Details

0

HOA Fees

$224 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 16
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Electric Shutters
  • Year Built: 2002
  • Directions: Follow GPS, best to use the 41 gate
  • Property Information: Exceptional opportunity to own in Lely, one of Naples most exquisite and private communities. A very short drive to famed 5th Avenue for world class dining and shopping, Lely is an oasis unto itself. Situated with a lake view as well as a golf course view, and surrounded by meticulously landscaped grounds, this is a rare opportunity to own this turnkey custom abode. An open floor plan awaits, with the centerpiece being the island kitchen leading to sliding glass doors and a large covered lanai and pool enclosure. A large, tiled living area is accompanied by 3 bedrooms and 2 baths. Stainless appliances, new lighting fixtures, and a new sound system throughout the house and lanai are some of the added extras. New Samsung televisions in the great living room ( new Sonos sound bar as well ), bedrooms and lanai. Furniture and accessories all new and modern. Two car garage with new epoxy floor. New fresh coat of paint throughout the entire house as well as the garage. Lely is home to three 18 hold championship golf courses, with The Players Club and Spa membership being optional with this home. Come enjoy paradise.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 536.94
  • Total Floors: 1
  • Room Count: 9
  • Estimated Living Area: 2328
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Laminate, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Casement, Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • View: Golf Course, Lake, Water
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 727-573-9300
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No RV
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 644
  • HOA Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Master Association Fee Incl, Pest Control Exterior, Reserve, Security, Street Lights
  • Master Hoa Fee: 112
  • Master HOA Fee Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Basketball, Billiards, Bocce Court, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Dog Park, Fitness Center Attended, Full Service Spa, Golf Course, Hobby Room, Internet Access, Lakefront Beach, Lap Pool, Library, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Golf Course
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 500.00
  • Application Fee: 150.00

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: Yes
  • Lot Back: 74
  • Lot Frontage: 67
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 16
  • Section: 33
  • Total Area: 2764
  • Waterfront: Yes
  • Acres: 0.2100
  • Rear Exposure: Southeast
  • Lot Description: Regular
  • Lot Dimensions: 67 X 130 X 74 X 130
  • Parcel Number: 60698000342

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: 5902.54
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Ipx Brumm 423-085 Llc
Bought by
Brumm Timothy William
Current Estimated Value
$1,088,929

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 2, 2023
Sold by
Holland Lee G
Bought by
Ipx Brumm 423-085 Llc
Seller's Agent
Steve Ruggieri
Gulf Coast International Prop
Buyer's Agent
Marjorie Johnson
Royal Shell Real Estate, Inc.
List Price
$1,249,000
Sold Price
$1,250,000
Premium/Discount to List
$1,000
0.08%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 1, 2022
Sold by
Lockhart-Smith Mark G and Lockhart-Smith Lou
Bought by
Holland Lee G
Seller's Agent
Zachary Dreier
Premier Sotheby's Int'l Realty
Buyer's Agent
Cheryl Jacobson
Realty One Group MVP
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%
Original Mortgage
$840,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 20, 2019
Sold by
Ftorkowski John P and Ftorkowski Rita C
Bought by
Lockhart Smith Mark G and Lockhart Smith Lou
Seller's Agent
Gary Weinberg
Premiere Plus Realty Company
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$544,000
Sold Price
$525,000
Premium/Discount to List
-$19,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.32%
Original Mortgage
$472,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Stefanski John
Bought by
Ftorkowski John P and Ftorkowski Rita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Stock Dev L L C
Bought by
Stefanski John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Assoc Real Estate Sw Inc
Bought by
Stock Dev L L C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brumm Timothy William -- None Listed On Document
Brumm Timothy William -- None Listed On Document
Ipx Brumm 423-085 Llc $1,250,000 Omni Title
Ipx Brumm 423-085 Llc $1,250,000 Omni Title
Holland Lee G $1,050,000 Conrad Willkomm Pa
Lockhart Smith Mark G $525,000 Attorney
Ftorkowski John P $448,000 --
Stefanski John $395,000 --
Stock Dev L L C $659,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holland Lee G $840,000
Previous Owner Lockhart Smith Mark G $472,500
Previous Owner Ftorkowski John P $145,000
Previous Owner Stefanski John $355,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $1,250,000 +0.1% $537 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,249,000 +19.0% $537 / Sq Ft
04/01/2022 04/01/22 Sold $1,050,000 +5.1% $451 / Sq Ft View Prior Sale
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $999,000 +90.3% $429 / Sq Ft
05/20/2019 05/20/19 Sold $525,000 -3.5% $226 / Sq Ft View Prior Sale
04/14/2019 04/14/19 Pending -- -- --
02/04/2018 02/04/18 For Sale $544,000 -- $234 / 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 $9,521 $817,752 $448,232 $369,520
2024 $10,143 $832,759 $403,958 $428,801
2023 $10,143 $874,204 $402,494 $471,710
2022 $5,903 $476,980 $0 $0
2021 $5,882 $463,087 $0 $0
2020 $5,743 $456,693 $91,504 $365,189
2019 $4,726 $364,725 $0 $0
2018 $4,638 $357,924 $0 $0
2017 $4,518 $350,562 $0 $0
2016 $4,338 $343,352 $0 $0
2015 $4,364 $340,965 $0 $0
2014 $4,371 $288,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Ruggieri

    Gulf Coast International Prop

    (401) 426-0010

    2 in this area

    2 Total Sales

    Steve Ruggieri
    Section Image

  • M

    Buyer's Agent in 2023

    Marjorie Johnson

    Royal Shell Real Estate, Inc.

    (239) 272-4773

    3 in this area

    22 Total Sales

    Marjorie Johnson
    Section Image
  • Zachary Dreier

    Seller's Agent in 2022

    Zachary Dreier

    Premier Sotheby's Int'l Realty

    (239) 250-1916

    101 in this area

    146 Total Sales

    Zachary Dreier
    Section Image
  • Cheryl Jacobson

    Buyer's Agent in 2022

    Cheryl Jacobson

    Realty One Group MVP

    (401) 330-0631

    2 in this area

    73 Total Sales

    Cheryl Jacobson
    Section Image
  • Gary Weinberg

    Seller's Agent in 2019

    Gary Weinberg

    Premiere Plus Realty Company

    (239) 216-2999

    18 Total Sales

    Gary Weinberg
    Section Image

  • O

    Buyer's Agent in 2019

    Of Realtors 08-Naples Area Board

    Local Associations

See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223013690

Naples Area Board of REALTORS®

APN: 60698000342

Florida Collier County Naples 34113 Lely Resort

8994 Mustang Island Cir, Naples, FL

This home is located at 8994 Mustang Island Cir, Naples, FL 34113 since 22 February 2023 and is currently estimated at $1,088,929, approximately $467 per square foot. This property was built in 2002. 8994 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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