tomo logo

$600,000

Beds
2
Baths
2.0
sq ft
1,244

7905 Mahogany Run Ln Unit 1312, Naples, FL 34113

7905 Mahogany Run Ln Unit 1312

Naples, FL 34113

  • 52 days on market
    • Price drop $17,000↓
Income producing vacation rental in Lely Resort! This ground floor condo is already remodeled and fully rented for the 2025 season! This is a perfect set up for an investor that's ready for immediate revenue. Truly turnkey with everything in place for owner and rental use. This condo has a golf membership that comes with 42 rounds annually, preferred tee times and the ability to book golf up to a year in advance. Greenlinks has all new roofs, outside paint and new pavement for the street and parking spaces. Walking distance to all the amenities! A pool clubhouse, fitness room, heated resort style pool, hot tub, tennis and pickleball courts, bocce and shuffleboard. The Sam Snead's restaurant is a short 5-minute walk. Centrally located so a 15-minute drive gets you to both downtown Naples or Marco Island and the award-winning Southwest Florida beaches and dining!

Details

Property type

Condominium

Est. home value

$581,992

Lot size

Unknown

Price per sq ft

$483

Year built

2004

Annual property taxes

$2,416.3

Monthly HOA fee

$12.5

Price History

10/29/2024

FGCMLS #224079998

Price change
$600,000
-2.76%
10/01/2024

FGCMLS #224079998

Listed
$617,000
+6.38%
06/20/2023

FGCMLS #223033214

Sold
$580,000

Schools & Community

Elementary school: 

LELY ELEMENTARY

Middle school: 

MANATEE MIDDLE

High school: 

LELY HIGH SCHOOL

Community features: 

Pool, Golf, Tennis Court(s), Street Lights

Number of units in community: 

200

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$124,128
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$427,872
Cash to seller
$124,128

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

June 2023

Original loan amount

$435,000

Est. remaining balance

$427,872

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Cameron Sutter and Ivana Nedic

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 11:10 AM

Listing updated: 10/29/2024 at 8:50 AM

Listed by: Sam Hendricks, Realty One Group MVP Phone #: (800) 896-8790

MLS: FGCMLS #224079998

FGCMLS logo

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