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7910 Mahogany Run LN #1214 Naples, FL 34113
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Key Details
Sold Price $640,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,389 sqft
Price per Sqft $460
Subdivision Greenlinks
MLS Listing ID 223038494
Sold Date 08/01/23
Bedrooms 3
Full Baths 2
HOA Fees $503/mo
HOA Y/N Yes
Originating Board Naples
Year Built 2000
Annual Tax Amount $2,687
Tax Year 2022
Property Description
PURCHASE THIS VERY PROFITABLE FIRST FLOOR 3/2 VACATION RENTAL BUSINESS. WE OWN AN IDENTICAL UNIT THAT FROM JAN-APRIL 2023 HAS CONFIRMED RENTALS $45K. 2022 YEARLY INCOME WAS OVER $75K (SEE ATTACHEMENTS FOR SISTER PROPERTY) 2023 PROJECTED RENTALS ARE MUCH HIGHER. 2022 RENTALS WERE AFFECTED BY HURRICANE IAN AND EXTENSIVE OWNER USE. DEVELOPMENT ALLOWS DAILY RENTALS WITH NO RESORT FEE, NO RESTRICTIONS AND NO ASSESSMENTS. YOU CAN RENT ON YOUR OWN USING VRBO/AIRBNB OR YOU CAN USE THEIR ON PREMISE MANAGMENT COMPANY. THIS TURNKEY PROPERTY WAS PROFESSIONALLY DECORTATED WITH EVERY UPGRADE IMAGINABLE. LOCATED IN THE BEAUTIFUL LELY RESORTS TURNKEY WITH DESIGNER EVERYTHING, HUGE SMART TVS, NEW KITCHEN & APPLIANCES. ALL FURNITURE, BEDS, MATTRESSES, EVERYTHING IN THE UNIT IS LESS THAN ONE MONTH OLD. GROUNDS ARE PRISTINE. GOLF INCLUDED, INCREDIBLE BUSINESS OPPORTUNUITY WITH OUTSTANDING RENTAL INCOME. YOU ARE NOT REQUIRED TO USE THE DEVELOPMENTS RENTAL PROGRAM. THERE IS NO RESORT FEE AND YOUR GUESTS HAVE ACCESS TO THE ENTIRE DEVELOPMENT. OWNER WILL TRANSITION FUTURE RENTALS AND EQUIP NEW BUYER WITH EVERYTHING FROM CLEANING COMPANY TO TRAINING RELATED TO THE RENTAL PROCESS WITH VRBO AND AIRBNB.
Location
State FL
County Collier
Area Na19 - Lely Area
Rooms
Dining Room Dining - Family
Kitchen Pantry
Interior
Interior Features Split Bedrooms, Built-In Cabinets, Wired for Data, Entrance Foyer, Pantry, Walk-In Closet(s)
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Laminate
Window Features Double Hung
Appliance Electric Cooktop, Dishwasher
Exterior
Exterior Feature Balcony
Community Features Golf Public, Basketball, BBQ - Picnic, Bike And Jog Path, Bocce Court, Pool, Community Room, Community Spa/Hot tub, Fitness Center, Golf, Internet Access, Condo/Hotel
Utilities Available Cable Available
Waterfront Yes
Waterfront Description Lake Front
View Y/N No
Roof Type Metal
Porch Patio
Parking Type 2+ Spaces
Garage No
Private Pool No
Building
Lot Description Regular
Story 2
Sewer Central
Water Central
Level or Stories Two
Structure Type Concrete Block,Stucco
New Construction No
Schools
Elementary Schools Lely Elementary School
Middle Schools Manatee Middle School
High Schools Lely High School
Others
HOA Fee Include Cable TV,Golf Course,Insurance,Internet,Irrigation Water,Maintenance Grounds,Manager,Master Antenna/Satellite,Pest Control Exterior,Rec Facilities,Trash,Water
Tax ID 46686002088
Ownership Condo
Security Features Smoke Detectors
Acceptable Financing Buyer Finance/Cash, Cash
Listing Terms Buyer Finance/Cash, Cash
Read Less
Bought with Keller Williams Realty Naples
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