7910 Mahogany Run Lane, Unit 1214

Naples, FL 34113

$640,000
Last Sold Price
3
Beds
2
Baths
1,389 Sq. Ft.
$461 / Sq. Ft.
1,389
Sq. Ft.
$461
per Sq. Ft.

Description

Purchase this very profitable first floor 3/2 vacation rental business. We own an identical unit that from jan-april 2023 has confirmed rentals $45k. 2022 yearly income was over $75k (see attachements for sister property) 2023 projected rentals are much higher. 2022 rentals were affected by hurricane ian and extensive owner use. Development allows daily rentals with no resort fee, no restrictions and no assessments. You can rent on your own using vrbo/airbnb or you can use their on premise managment...Purchase this very profitable first floor 3/2 vacation rental business. We own an identical unit that from jan-april 2023 has confirmed rentals $45k. 2022 yearly income was over $75k (see attachements for sister property) 2023 projected rentals are much higher. 2022 rentals were affected by hurricane ian and extensive owner use. Development allows daily rentals with no resort fee, no restrictions and no assessments. You can rent on your own using vrbo/airbnb or you can use their on premise managment company. This turnkey property was professionally decortated with every upgrade imaginable. Located in the beautiful lely resorts turnkey with designer everything, huge smart tvs, new kitchen & appliances. All furniture, beds, mattresses, everything in the unit is less than one month old. Grounds are pristine. Golf included, incredible business opportunuity with outstanding rental income. You are not required to use the developments rental program. There is no resort fee and your guests have access to the entire development. Owner will transition future rentals and equip new buyer with everything from cleaning company to training related to the rental process with vrbo and airbnb.
  1. Listed by Pedrin Valbuena • Pedrin of Miami Realty Inc

Property Details for 7910 Mahogany Run Lane, Unit 1214

Area
NA19 - Lely Area
Development
LELY RESORT
Sub Condo Name
GREENLINKS
Waterfront
Yes
Waterfront Desc
Lake
View
Lake
Furnished Desc
Turnkey

Location

Listing Courtesy of Pedrin of Miami Realty Inc, Pedrin Valbuena

Sold By Keller Williams Realty Naples, Amaar Rahman

Add your commute
LISTING UPDATED: 08/05/2023 08:48 AM

Property Details for 7910 Mahogany Run Lane, Unit 1214

StatusSold
MLS #223038494
Days on Market40
Taxes$2,687 / year
HOA Fees$503 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / 2 Story
Year Built2000
CountyCollier County

Location

Listing Courtesy of Pedrin of Miami Realty Inc, Pedrin Valbuena

Sold By Keller Williams Realty Naples, Amaar Rahman

Add your commute

Building Information for 7910 Mahogany Run Lane, Unit 1214

Building/Complex7910 Mahogany Run LnFloor-Stories1Residences12Pet Policy-Year Built2000

Payment Calculator

$4,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,493

Property Taxes

$224

HOA Dues

$503

The Payment Calculator is for illustrative purposes only.

Property Information for 7910 Mahogany Run Lane, Unit 1214

Summary
Location and General Information
  • Amenities: Basketball Court, Barbecue, Bike And Jog Path, Bocce Court, Pool, Community Room, Spa/Hot Tub, Fitness Center, Golf Course, Internet Access
  • Community Type: Pool, Fitness Center, Golf Course
  • Elementary School: LELY ELEMENTARY SCHOOL
  • Golf Type: Golf Public
  • High School: LELY HIGH SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • Pets: With Approval
  • Status Type: Resale Property
  • Property Features: Cable Prewire
  • Frontage Type: Lakefront
Parking
  • Carport Spaces: 0
  • Attached Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Garage: No
  • Total Parking: 0
HOA and Fees
  • HOA Desc: Yes
  • HOA Fee: $503.00
  • HOA Fee Freq: Monthly
  • Condo Fee: $0
  • Primary HOA Fee: $0
  • Primary HOA Fee: $10,039.00
  • Tax Annual Amount: $2,687.02
Interior and Exterior Features
Interior Features
  • Approx Living Area: 1389.0
  • Living Area Units: Square Feet
  • Bedrooms: 3 Bed
  • Dining Description: Dining - Family
  • Elevator: None
  • Appliances: Electric Cooktop, Dishwasher
  • Equipment: Cooktop - Electric, Dishwasher
  • Flooring: Laminate
  • Interior Features: Built-In Cabinets, Foyer, Pantry, Smoke Detectors, Walk-In Closet, Cable Prewire
  • Spa Features: Community, Jetted Tub
  • Num Unit Floor: 1
  • Private Pool Desc: Community
  • Private Pool: No
  • Private Spa: No
  • Room Count: 0
  • Total Floors: 1
  • Baths Full: 2
  • Half Bathrooms: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms: 2
  • Bedrooms Total: 3
  • Fireplace: No
  • Foundation Details: Concrete Block
  • View YN: Yes
  • Floor Plan Type: Split Bedrooms
  • Kitchen Description: Pantry
  • Additional Rooms: Balcony
  • Gas: No
Exterior Features
  • Exterior Features: Balcony, Patio
  • Exterior Finish: Concrete Block, Stucco
  • Roof: Metal
  • Storm Protection: Impact Resistant Doors
Property Information
Utilities
  • Cooling: Ceiling Fan(s), Central Electric
  • Cooling YN: Yes
  • Heat: Central Electric
  • Heating YN: Yes
  • Irrigation: Central, Reclaimed
  • Water: Central
Rental
Rental Information
  • Lease Limits YN: No
  • Horse: No
  • Lease Term: Buyer Finance/Cash, CASH ONLY
  • Transfer Fee: $2,644.00
  • Leases Per Year: 365
  • Min Days of Lease: 1

Property History for 7910 Mahogany Run Lane, Unit 1214

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7910 Mahogany Run Lane, Unit 1214

Taxable ValueLand-Additions-Total-
Tax Record2023$3,072 ($256 / month)
Home Facts
Beds0Total Finished SqFt1,389 SqFtAbove Grade Finished SqFt1,389 SqFtStyleCondominiumYear Built2004CountyCOLLIERAPN46686002088

Schools near 7910 Mahogany Run Lane, Unit 1214

This home is within Collier.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 8
Rating
School
Distance
Lely Elementary School
PublicPK to 5

Manatee Middle School
Public6 to 8

Lely High School
Public9 to 12

New Beginnings - Naples
Public3 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Pedrin of Miami Realty Inc, Pedrin Valbuena

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.