$289,900
PENDING $65K PRICE DROP

Estimated payment $2,418/month

Total Views 5,255
2 Beds
2 Baths
1,000 Sq Ft
$290 Price per Sq Ft

Highlights

  • Clubhouse
  • Community Pool or Spa Combo
  • Elevator
  • Pool View
  • Screened Porch
  • Bike Room

About This Home

Smart, stylish, and significantly under market—this fully furnished 2-bedroom, 2-bath condo in Coral Falls Resort at Lely Resort is one of the most compelling values in Naples today. Offered at $46,000 below a recently closed first-floor unit just steps away, this property combines modern smart home convenience with income-generating potential and resort-style living.

As an added bonus, the seller is offering a 1-year home warranty for any contracts executed before August 1st—offering extra peace of mind for buyers and investors alike.

Outfitted with smart locks, thermostat, smoke detectors, and more, the unit offers full remote access and automation—ideal for both personal use and managing short-term rentals from anywhere. Whether you're a hands-off investor or a seasonal owner seeking flexibility and security, this condo delivers.

With rare 7-day minimum rental terms and up to 52 leases allowed per year, this unit is a proven cash-flow asset. Comparable units in the community consistently earn $35K–$45K+ annually, making it one of the most profitable short-term rental opportunities in the area.

Located within the prestigious Lely Resort, you’ll enjoy access to championship golf, shopping, dining, and the world-famous white-sand beaches of Naples—all just minutes away.

Whether you’re looking to offset ownership costs, secure a reliable income stream, or lock in a smart investment with modern features and serious upside, this condo checks every box.

Act fast—opportunities like this are rare, especially at this price point with a full smart home setup and limited-time warranty incentive.

Listing Agent

George Oberdorster

Real Broker, LLC License #NAPLES-249522168 Listed on: 08/23/2024

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 2004

Lot Details

  • West Facing Home

HOA Fees

Parking

  • Deeded Parking

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Family or Dining Combination
  • Screened Porch
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27775001142
  • Tax Block 2

Community Details

Overview

  • 32 Units
  • Low-Rise Condominium
  • Coral Falls Resort Condos
  • Lely Resort Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Bike Room

Recreation

  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 2004

Lot Details

0

HOA Fees

$591 per month

Listing Details

  • Legal Description: CORAL FALLS RESORT A CONDOMINIUM BLDG 2-101
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.069476$-81.695902$275.06$13.33$1.00$HKolO4Q3SageWj2xWCYbgw
  • Building Design: Low Rise (1-3)
  • Building Description: Other
  • Year Built: 2004
  • Property Information: Smart, stylish, and significantly under market—this fully furnished 2-bedroom, 2-bath condo in Coral Falls Resort at Lely Resort is one of the most compelling values in Naples today. Offered at $46,000 below a recently closed first-floor unit just steps away, this property combines modern smart home convenience with income-generating potential and resort-style living. As an added bonus, the seller is offering a 1-year home warranty for any contracts executed before August 1st—offering extra peace of mind for buyers and investors alike. Outfitted with smart locks, thermostat, smoke detectors, and more, the unit offers full remote access and automation—ideal for both personal use and managing short-term rentals from anywhere. Whether you're a hands-off investor or a seasonal owner seeking flexibility and security, this condo delivers. With rare 7-day minimum rental terms and up to 52 leases allowed per year, this unit is a proven cash-flow asset. Comparable units in the community consistently earn $35K–$45K+ annually, making it one of the most profitable short-term rental opportunities in the area. Located within the prestigious Lely Resort, you’ll enjoy access to championship golf, shopping, dining, and the world-famous white-sand beaches of Naples—all just minutes away. Whether you’re looking to offset ownership costs, secure a reliable income stream, or lock in a smart investment with modern features and serious upside, this condo checks every box. Act fast—opportunities like this are rare, especially at this price point with a full smart home setup and limited-time warranty incentive.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 289.90
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 1000
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Pantry, Walk-In Closet
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Pool/Club
  • Exterior Finish: Stucco

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 2393312495
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: CORAL FALLS RESORT
  • HOA Fees: 1750
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities
  • Master Hoa Fee: 99
  • Master HOA Fee Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 50
  • Development: Lely Resort
  • Amenities: BBQ - Picnic, Bike And Jog Path, Bike Storage, Clubhouse, Community Pool, Community Spa/Hot tub, Sidewalk, Streetlight, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 32
  • Total Number of Units: 64

Fee Information

  • 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: No
  • Lot Unit: 101
  • Section: 34
  • Total Area: 1000
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 27775001142

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3115.50
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,116 $310,000 -- $310,000
2023 $3,116 $187,550 $0 $0
2022 $2,941 $170,500 $0 $0
2021 $2,586 $155,000 $0 $155,000
2020 $2,493 $150,000 $0 $150,000
2019 $2,506 $150,000 $0 $150,000
2018 $2,417 $136,428 $0 $0
2017 $2,190 $124,025 $0 $0
2016 $2,030 $112,750 $0 $0
2015 $1,839 $102,500 $0 $0
2014 $1,857 $102,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
08/04/2025 08/04/25 Price Changed $289,900 -4.6% $290 / Sq Ft
07/21/2025 07/21/25 Price Changed $304,000 -0.2% $304 / Sq Ft
07/15/2025 07/15/25 Price Changed $304,500 -0.2% $305 / Sq Ft
07/07/2025 07/07/25 Price Changed $305,000 -1.3% $305 / Sq Ft
07/01/2025 07/01/25 Price Changed $309,000 -0.2% $309 / Sq Ft
06/25/2025 06/25/25 Price Changed $309,500 -0.2% $310 / Sq Ft
06/16/2025 06/16/25 Price Changed $310,000 -3.1% $310 / Sq Ft
05/23/2025 05/23/25 Price Changed $320,000 -3.0% $320 / Sq Ft
05/09/2025 05/09/25 For Sale $330,000 0.0% $330 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $330,000 -1.6% $330 / Sq Ft
04/15/2025 04/15/25 Price Changed $335,500 -1.3% $336 / Sq Ft
04/01/2025 04/01/25 Price Changed $340,000 -1.4% $340 / Sq Ft
03/10/2025 03/10/25 Price Changed $345,000 -0.1% $345 / Sq Ft
03/03/2025 03/03/25 Price Changed $345,500 -0.1% $346 / Sq Ft
02/24/2025 02/24/25 Price Changed $346,000 -0.1% $346 / Sq Ft
02/19/2025 02/19/25 Price Changed $346,500 -1.0% $347 / Sq Ft
02/19/2025 02/19/25 For Sale $350,000 0.0% $350 / Sq Ft
02/18/2025 02/18/25 Off Market $350,000 -- --
12/26/2024 12/26/24 Price Changed $350,000 -1.4% $350 / Sq Ft
10/14/2024 10/14/24 For Sale $355,000 0.0% $355 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $355,000 +2.2% $355 / Sq Ft
07/12/2023 07/12/23 Sold $347,500 -3.2% $348 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $359,000 0.0% $359 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $359,000 0.0% $359 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $359,000 -7.7% $359 / Sq Ft
03/12/2023 03/12/23 For Sale $389,000 -- $389 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $347,500 None Listed On Document
Warranty Deed $347,500 None Listed On Document
Deed -- --
Warranty Deed $108,000 Island Title 5 Star Agency L
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $125,300 New Conventional
Previous Owner $103,600 No Value Available
Previous Owner -- No Value Available
Source: Public Records

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Source: Naples Area Board of REALTORS®

MLS Number: 224069707

Naples Area Board of REALTORS®

APN: 27775001142