7885 Mahogany Run Lane Unit 1513, Naples, FL 34113

$555,000
2
BD
2
BA
1,389
SqFt

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Sold Price
$555,000
List Price
$579,900
Status
CLOSED
Days on Market
58
Closing Date
May 05, 2025
MLS#
225025113
Subtype
Residential
Style
Two Story, Low Rise
Architectural Style
Two Story, Low Rise
Year Built
2002
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,389
Subdivision
Greenlinks
Neighborhood
Lely Resort
MLS Area Major
NA19 - Lely Area

Property Description

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.

Additional Information

Amenities
Bocce Court, Bike Storage, Business Center, Clubhouse, Fitness Center, Golf Course, Library, Pickleball, Pool, Putting Green(s), Restaurant, Shuffleboard Court, Spa/Hot Tub, Sidewalks, Tennis Court(s)
Interior Features
Built-in Features, Bedroom on Main Level, Breakfast Area, Bathtub, Dual Sinks, Family/Dining Room, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, Split Bedrooms
Exterior Features
Sprinkler/Irrigation, None, Tennis Court(s)
Taxes
$3,375
HOA Fee
$100
Pets Allowed
Call, Conditional
Pets
Call, Conditional
Property Description
Two Story, Low Rise
Flooring
Tile
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block, Concrete, Stucco
Stories
2
Roof
Metal
Pool Type
Community
Parking Features
Common, Driveway, Paved
Elementary School
LELY ELEMENTARY SCHOOL
Middle School
MANATEE MIDDLE SCHOOL
High School
LELY HIGH SCHOOL
View
Golf Course, Lake, Water

Courtesy of Premier Sotheby's Int'l Realty

Selling Office: .

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