tomo logo

$1,299,000

Beds
3
Baths
3.5
sq ft
2,450

8856 Mustang Island Cir, Naples, FL 34113

8856 Mustang Island Cir

Naples, FL 34113

  • 84 days on market
    • Open house Nov 24
**Beautifully Updated Pool Home in the Desirable Mustang Island Neighborhood of Lely Resort** Welcome to 8856 Mustang Island Cir., a fully updated, furnished pool home nestled in the sought-after Mustang Island neighborhood of Lely Resort, Naples, Florida. This stunning three bedroom + den house sits on an oversized 0.81-acre private corner lot, offering plenty of privacy with no neighbors on one side or behind the home. Stepping inside, you'll notice the meticulous attention to detail and the care taken by the original owner. The home features numerous interior updates, including a brand-new kitchen from 2021, boasting sleek new quartz countertops. The living room is adorned with new furnishings, creating a welcoming and comfortable space for family and friends. The master bathroom received a makeover in 2022, ensuring modern convenience and style. One of the highlights of this property is the separate multi-purpose media room. Whether you're into watching games, TV shows, movies, or you need a quiet space for a home office, this room is versatile enough to meet your needs. Recent improvements include new wood flooring installed in December 2023, fresh paint, and brand-new furniture throughout. Outside, the property shines with updates made in 2020, which include a NEW ROOF, gutters, downspouts, and exterior paint. The private pool area is perfect for entertaining or relaxing in the Florida sunshine, and the membership to The Players Club and Spa that comes with the purchase of this home offers additional luxuries such as fine dining, a tiki bar, lap pool, resort-style pool, children's pool, workout facility, tennis, pickleball, and more. The Mustang Island community is known for its extremely low HOA fees, only $723 per quarter, providing excellent value for residents. The neighborhood is ideally situated close to grocery stores, shops, and restaurants. It's just a few minutes away from the world-famous Downtown 5th Ave, taking you only 12 minutes to get there, and a quick 15-minute drive to the beautiful white sandy beaches of the Gulf of Mexico in both Naples and Marco Island. This property is a unique opportunity to own a fully furnished, updated home in one of Naples' most desirable areas. If you value privacy, modern updates, and a vibrant community, 8856 Mustang Island Cir. could be your perfect fit. Don't miss out on the chance to make this beautiful house your new home.

Details

Property type

Single Family Residence

Est. home value

$1,515,218

Lot size

0.81 acres

Price per sq ft

$531

Year built

2005

Annual property taxes

$6,027.14

Monthly HOA fee

$9.33

Price History

08/30/2024

FGCMLS #224064425

Listed
$1,299,000
-4.84%
05/15/2024
NABOR

NABOR #223087381

Removed
$1,365,000
03/12/2024
NABOR

NABOR #223087381

Price change
$1,365,000
-2.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Golf, Street Lights

Number of units in community: 

185

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

$580,361
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$614,719
Cash to seller
$580,361

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$645,600

Est. remaining balance

$614,719

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Steven M Teepe

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 4:20 PM

Listing updated: 11/18/2024 at 4:05 PM

Listed by: Rob Lahay, Downing Frye Realty Inc. Phone #: (239) 261-2244

MLS: FGCMLS #224064425

FGCMLS logo

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