Furnished Condo with Lake
7915 Mahogany Run Lane 1114 Naples, FL 34113
7915 Mahogany Run Lane 1114, Naples, FL, 34113
$549,000
Pending
For Sale
$549,000
Pending
Remodeled, furnished condo in Lely Resort with rental potential.
Property Size1,389 SF
Days on Market640
Property Features for 7915 Mahogany Run Lane 1114
General Information
- Standard status
- Pending
- Size
- 1,389 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2005
Listing Agency
Equity Realty
(239) 293-1766
Listed by
Angie Curkovic · License #249520589
(239) 293-1766
Source
Exitrealty
Added: Oct 16, 2024 Checked: Jul 17 at 3:34 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Realty
Investment Insights
Based on property information with market context.
This furnished first-floor unit, located in the Greenlinks community of Lely Resort, offers 2 bedrooms, 2 baths, and a den/flex room that can serve as an additional sleeping area. The unit has been remodeled and furnished in an elegant style. The screened lanai provides views of the lake. Greenlinks residents have access to resort-style amenities, including a golf course, pool, and club. Sam Sneads Oak Grill and Tavern is located next door. The property is a short drive from downtown 5th Avenue and Naples beaches. This unit is suitable as a vacation property with investment potential, as it can be placed in the Greenlinks Rental Program to generate income when not in use. Greenlinks is a condo community that allows daily rentals. The property size is 1389 square feet.
Key Highlights
- Best lake view in Greenlinks community from private screened lanai.
- Furnished, remodeled first‑floor unit with den/flex room.
- Located in Lely Resort, offering golf course, resort pool, and club amenities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $26.04 |
| − Vacancy | −$1.9k | −$1.35 |
| EGI | $34.3k | $24.69 |
| − OpEx | −$15.4k | −$11.11 |
| NOI | $18.9k | $13.58 |
1,389 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,859 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.5K
$487.8K – $650.4K
NOI $39,023 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Remodeled, furnished condo in Lely Resort with rental potential.
Where is this short term rental property located?
The property is located at 7915 Mahogany Run Lane 1114 Naples, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Best lake view in Greenlinks community from private screened lanai.; Furnished, remodeled first‑floor unit with den/flex room.; Located in Lely Resort, offering golf course, resort pool, and club amenities.
