$579,900
- Beds
- 2
- Baths
- 2.0
- sq ft
- 1,389
7885 Mahogany Run Ln Unit 1513, Naples, FL 34113
7885 Mahogany Run Ln Unit 1513
Naples, FL 34113
- 25 days on market
Discover an extraordinary investment opportunity in the prestigious Lely Resort community with this fully remodeled ground-floor condominium featuring two bedrooms plus a den. Enjoy breathtaking views of a large lake and a peninsula golf hole in Greenlinks. This property is uniquely zoned for unlimited short-term rentals, boasting a proven and verifiable VRBO rental history that generated $200,000 over three years and three months prior to its renovation. The owner invested over $120,000 in extensive upgrades, transforming this condominium into a luxurious retreat. The custom kitchen showcases high-end taller shaker-style cabinets, a stainless steel fan hood over a new slide-in range, an expanded quartz-topped island, new appliances and a coffee bar. In the den, you'll find custom built-in shaker cabinets and a daybed, effectively adding another room for guests. The primary and guest baths have been completely redesigned and built from the studs back up by a high-end Naples renovation company in 2024. Additional enhancements include new taller shaker interior doors with matching trim that highlight the impressive 9-foot ceilings, professional painting with spray-painted trim/doors for a flawless finish, and new large-format neutral porcelain tile floors throughout. The condominium also features new furniture added in 2024, along with upgraded lighting, a commercial-grade washer and dryer, an upgraded slide-in range and smart home technology. Whether utilized as an investment property or personal vacation home, this condominium offers unparalleled potential and exquisite finishes in one of Naples sought-after and best-managed communities. Plus, it includes a rare and coveted Lely Golf membership, providing 42 annual rounds of golf, driving range access, concierge booking and priority tee times. Experience the ultimate golfing lifestyle in this exceptional community.
Details
Property type
Condominium
Lot size
Unknown
Price per sq ft
$418
Year built
2002
Annual property taxes
$3,375.19
Monthly HOA fee
$8.33
Price History
03/07/2025
FGCMLS #225025113
Listed
$579,900
-1.54%
01/27/2025
FGCMLS #224099049
Removed
$589,000
12/18/2024
FGCMLS #224099049
Price change
$589,000
-3.44%
Schools & Community
Elementary school:
LELY ELEMENTARY SCHOOL
Middle school:
MANATEE MIDDLE SCHOOL
High school:
LELY HIGH SCHOOL
Community features: Pool, Golf, Tennis Court(s), Street Lights
Community features:
Pool, Golf, Tennis Court(s), Street Lights
Number of units in community:
200
Status: Active
Tomo last checked: 04/02/2025 at 5:30 AM
Listing updated: 03/30/2025 at 4:06 PM
Listed by: Zach Dreier, Premier Sotheby's Int'l Realty Phone #: (239) 449-3400
MLS: FGCMLS #225025113
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