7885 Mahogany Run LN Unit 1513
NAPLES, FL 34113
- 2 beds
- 2 baths
- 1,389 sqft
- $417 per sqft
- 2002 build
- – on site
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.
Last checked:
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Last updated Apr 5, 2025
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MLS# 225025113 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2002
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Construction:concrete block
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Building Design:low rise (1-3)
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Building Description:2 story
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Roof:metal
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Windows:casement
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Exterior Finish:stucco
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Storm Protection:none
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Equipment:dishwasher, disposal, dryer, microwave, refrigerator, self cleaning oven, smoke detector, washer, washer/dryer hookup
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Elevator:none
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Total Floors:1
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Units in Building:12
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Unit Floor:1
Interior
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Floor Plan Type:split bedrooms
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Interior Features:built-in cabinets, cable prewire, fire sprinkler, Internet Available, pantry, smoke detectors, walk-in closet, window coverings
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Furnishings:turnkey
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Kitchen Description:pantry
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Dining Description:breakfast room, family/dining
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Additional Rooms:den/study, guest bath, guest room, laundry in residence, screened lanai/porch
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Flooring:tile
Room Dimensions
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Total Area:1,538 Sqft
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Approx Living Area SqFt:1389
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Source of Measure Living Area:Property Appraiser Office
Financial & Terms
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Ownership Description:condo
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Potential Short Sale:No
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Restrictions:deeded, No Commercial, no RV
Location
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Latitude:26.085756
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Longitude:-81.697128
The Property
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Property Type:Residential
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Property Information: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.
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Lot Description:regular
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Lot Unit:1513
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Rear Exposure:E
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View:golf course, lake, water
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Exterior Features:pond, auto sprinkler, tennis court
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Road:paved road
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Irrigation:lake/canal
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Private Pool:No
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Private Spa:No
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Boat Access:none
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Waterfront:Yes
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Waterfront Description:lake
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Gulf Access:No
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Source of Measure Total Area:Property Appraiser Office
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Price Per SqFt:417.49
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Source of Measure Lot Dimensions:Property Appraiser Office
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Source of Measurements:Property Appraiser Office
Listing Agent
- Contact info:
- Agent phone:
- (239) 250-1916
- Office phone:
- (239) 449-3400
Taxes
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Tax Year:2024
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Taxes:$3,375.19
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Taxes:county only
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Tax District Type:Not Applicable
Beds
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2Total Bedrooms:
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Bedrooms:2+ den
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Bedroom Description:1st floor bedroom, ground floor master , split bedrooms
Baths
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2.00Total Baths:
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Master Bath Description:dual sinks, separate tub and shower
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2Full Baths:
The Listing
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Auction:No
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Flood Insurance:No
Heating & Cooling
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Heat:central electric
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Cooling:central electric
Utilities
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Water:central
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Sewer:central
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Cable Available:Yes
Appliances
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Range:26
Schools
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Elementary School:LELY ELEMENTARY SCHOOL
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Middle School:MANATEE MIDDLE SCHOOL
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High School:LELY HIGH SCHOOL
The Community
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Development:LELY RESORT
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Development Name:LELY RESORT
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Community Type:condo/hotel, golf course, non-gated, tennis
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Amenities:bike storage, bocce court, business center, clubhouse, community pool, community spa/hot tub, exercise room, golf course, Lap Pool, library, Pickleball, putting green, restaurant, shuffleboard, sidewalk, streetlight, tennis court, underground utilities
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Golf Type:Golf Bundled, Golf Public
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Pets:limits
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Pets Limit:2
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Pets Limit:Owners only
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Pets Max Weight:35
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Maintenance:cable, insurance, irrigation water, lawn/land maintenance, legal/accounting, manager, master assn. fee included, pest control exterior, pest control interior, trash removal, water
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Management:professional
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Mandatory HOA:Yes
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HOA:mandatory
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HOA Fee:$100
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Condo Fee:$2,085
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Master HOA Fee Frequency:Annually
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Condo Fee Freq.:quarterly
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Mandatory Club Fee:4124.00
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Mandatory Club Fee Freq:Annually
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Total Annual Recurring Fees:$12,564
Parking
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Parking:common, paved driveway, paved parking
Monthly cost estimate

Asking price
$579,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,105
|
Taxes | $281 |
Insurance | $159 |
Utilities | $133 See report |
Total | $3,678/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/5/25
Apr 5, 2025
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Pending | SWFLMLS | $579,900 | |
3/7/25
Mar 7, 2025
|
Listed / Active | SWFLMLS | $579,900 | |
12/18/24
Dec 18, 2024
|
Price Changed | FGCMLS |