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$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

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

FGCMLS logo

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