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Sold for $555,000
    • $555,000

    7885 Mahogany Run LN #1513, NAPLES, FL 34113

    2beds
    1,389sqft
    Condominium
    Built in 2002
    -- sqft lot
    $533,500 Zestimate®
    $400/sqft
    $-- Estimated rent

    Home value

    $533,500

    $475,000 - $598,000

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Zach Dreier 239-250-1916,

    Premier Sotheby's Int'l Realty

    Bought with:

    Paula See, PA

    John R Wood Properties

    Source: SWFLMLS,MLS#: 225025113MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den - Study, Guest Bath, Guest Room, Screened Lanai/Porch
    Bedroom
    • Features: First Floor Bedroom, Master BR Ground, Split Bedrooms
    Dining room
    • Features: Breakfast Room, Dining - Family
    Kitchen
    • Features: Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Washer/Dryer Hookup, Inside
    Features
    • Built-In Cabinets, Fire Sprinkler, Pantry, Smoke Detectors, Walk-In Closet(s), Window Coverings, Den - Study, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
    • Flooring: Tile
    • Windows: Window Coverings
    • Has fireplace: No
    Interior area
    • Total structure area: 1,538
    • Total interior livable area: 1,389 sqft

    Property

    Parking
    • Parking features: Common, Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 1
    • Patio & porch: Screened Lanai/Porch
    • Exterior features: Tennis Court(s)
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Golf Course, Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake
    • Frontage type: Lakefront
    Lot
    • Features: Regular
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 46686002541

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Concrete Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Water: Central

    Community & HOA

    Community
    • Features: Clubhouse, Pool, Fitness Center, Golf, Putting Green, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Condo/Hotel, Non-Gated
    • Security: Smoke Detector(s), Fire Sprinkler System
    • Subdivision: GREENLINKS
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Bocce Court, Business Center, Clubhouse, Pool, Spa/Hot Tub, Fitness Center, Golf Course, Library, Pickleball, Putting Green, Restaurant, Shuffleboard Court, Sidewalk, Streetlight, Tennis Court(s), Underground Utility
    • HOA fee: $12,564 annually
    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $424,199
    • Annual tax amount: $3,375
    • Date on market: 3/7/2025
    • Lease term: Buyer Finance/Cash
    • Contingency: Financing
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/23/2026Listing removed$9,500$7/sqft
    Source: Zillow Rentals Report a problem
    2/8/2026Listed for rent$9,500+850%$7/sqft
    Source: Zillow Rentals Report a problem
    5/5/2025Sold$555,000-4.3%$400/sqft
    Source: SWFLMLS #225025113 Report a problem
    4/5/2025Pending sale$579,900$417/sqft
    Source: SWFLMLS #225025113 Report a problem
    3/7/2025Listed for sale$579,900-1.5%$417/sqft
    Source: SWFLMLS #225025113 Report a problem
    1/27/2025Listing removed$589,000$424/sqft
    Source: SWFLMLS #224099049 Report a problem
    12/18/2024Price change$589,000-3.4%$424/sqft
    Source: SWFLMLS #224099049 Report a problem
    12/8/2024Listed for sale$610,000+181.8%$439/sqft
    Source: SWFLMLS #224099049 Report a problem
    1/21/2020Sold$216,500-3.8%$156/sqft
    Source: Public Record Report a problem
    1/14/2019Listing removed$225,000$162/sqft
    Source: Re/Max Action #218045401 Report a problem
    7/6/2018Listed for sale$225,000+2.3%$162/sqft
    Source: Re/Max Action #218045401 Report a problem
    11/1/2017Listing removed$220,000$158/sqft
    Source: Gulf Coast Management Group #217034267 Report a problem
    7/31/2017Price change$220,000-2.2%$158/sqft
    Source: Gulf Coast Management Group #217034267 Report a problem
    5/16/2017Listed for sale$225,000+0.4%$162/sqft
    Source: Gulf Coast Management Group #217034267 Report a problem
    7/12/2014Listing removed$1,000$1/sqft
    Source: Gulf Coast Management Group Report a problem
    12/23/2013Price change$1,000+5.3%$1/sqft
    Source: Gulf Coast Management Group Report a problem
    12/20/2013Listed for rent$950$1/sqft
    Source: Gulf Coast Management Group Report a problem
    4/23/2013Sold$224,000-20%$161/sqft
    Source: Public Record Report a problem
    4/6/2005Sold$280,000+36%$202/sqft
    Source: Public Record Report a problem
    7/7/2004Sold$205,900$148/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,697 +9.5%$270,879 +10%
    2024$3,375 +10.5%$246,254 +10%
    2023$3,055 +13.7%$223,867 +10%
    2022$2,686 +27.1%$203,515 +10%
    2021$2,113 +8.6%$185,014 +12.2%
    2020$1,945 +4.3%$164,867 +10%
    2019$1,865 +7.2%$149,879 +10%
    2018$1,739 -8.4%$136,254 +10%
    2017$1,899 +5.9%$123,867 +10%
    2016$1,794 +9.7%$112,606 +10%
    2015$1,635 +17.9%$102,369 +10%
    2014$1,387 +30.7%$93,063 +4.7%
    2013$1,061 -10.3%$88,896 -9.2%
    2012$1,183 -4.5%$97,895 -5%
    2011$1,239 -43.2%$103,048 -20%
    2010$2,181 -14.2%$128,811 -30%
    2009$2,543 $184,016 -20%
    2008$2,543 -2.2%$230,020
    2007$2,601 +18.7%$230,020 +10%
    2006$2,190 $209,107 +26%
    2005$2,190 +6.6%$165,923 +7.5%
    2004$2,055 +12.4%$154,347 +15%
    2003$1,829 +3587.5%$134,215 +3634.4%
    2002$50 $3,594
    Find assessor info on the county website

    Neighborhood: Lely Resort

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: LELY ELEMENTARY SCHOOL
    • Middle: MANATEE MIDDLE SCHOOL
    • High: LELY HIGH SCHOOL

    Source: SWFLMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    With Zillow Showcase(estimated)
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