7910 Mahogany Run LN 1214 Sold

Naples, FL 34113 - Lely Resort

$640,000

Reduced - $19,900

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.

Address

  • Address: 7910 Mahogany Run LN 1214
  • City: Naples
  • State/Country: Florida, United States
  • Zip: 34113
  • Community: Lely Resort
  • Community Type: Condo/hotel
  • Subdivision: Greenlinks

Detail

Information last updated on Saturday, August 5th, 2023 at 08:40 AM

  • MLS ID: 223038494
  • Price: $640,000
  • Property Size: 1,389 Sq Ft
  • Bedrooms: 3
  • Bathrooms: 2
  • Garage Spaces: 0
  • Year Built: 2000

Additional details

  • Application Fee: $100
  • Approx Living Area: 1389
  • AVMYN: 1
  • Baths Full: 2
  • Baths Total: 2
  • Bedrooms: 3 Bed
  • Beds Total: 3
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: 1
  • CDOM: 77
  • Created Date: May 20th, 2023
  • Current Price: $640,000
  • DOM: 40
  • HOA Fee: $503
  • Latitude: 26.085495
  • Leases Per Year: 365
  • List Price: $659,900
  • Longitude: -81.697863
  • Lot Unit: 1214
  • Mandatory Club Fee: $4,003
  • Mandatory HOAYN: 1
  • Master Bath Description: 2 Masters,Dual Sinks,Jetted Tub,Separate Tub And Shower
  • Min Daysof Lease: 1
  • MLS Number: 223038494
  • Num Unit Floor: 1
  • Original List Price: $659,900
  • Parcel Number: 46686002088
  • Parking: 2+ Spaces
  • Postal Code: 34113
  • Price Per Sq Ft: $461
  • Section: 27
  • Selling Agent Direct Work Phone: 217-652-1113
  • Taxes: $2,687
  • Tax Year: 2022
  • Total Annual Recurring Fees: $10,039
  • Total Area: 1538
  • Total Floors: 1
  • Trans Broker Comp: 2.5%
  • Transfer Fee: $2,644
  • Unit Number: 1214
  • Unitsin Building: 12
  • Unitsin Complex: 200
  • Waterfront YN: 1
  • Year Built: 2000

Vital Information

Low Rise (1-3)

  • Size: 1,389 sqft
  • Beds: 3 Bed
  • Baths: 2
  • Price: $640,000

Virtual Tours

  • No Virtual Tour Available
Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

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