by Global Lifestyle Properties

See Home Value
Lely Resort 34113 Lely Resort
8761 Mustang Island Circle
$1,225,000
● House - Off Market

8761 Mustang Island Circle

Naples, FL 34113
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,394 Ft²
$8,045
Est. Monthly
$732
HOA / Fees
8.52%
Cap Rate

About This Property

MUST SEE Mangrove model home in Mustang Island at Lely Resort with lake and golf course views from the oversize lanai.  LOW HOAs and good rental policy!  This home boasts 2400 square feet under air with Four bedrooms and Three full bathrooms.  In 2019 a Brand new roof and storm smart storm screens were installed. The 2021 upgrades included a Remodeled great room and kitchen ($225,000 ++). Included in that remodel were New tile flooring, Massive Quartz countertop island, New cabinets, Top end appliances, Cooking exhaust vent fan to outside, Two new bathrooms, Laundry Room, Outdoor Kitchen updating, pool conversion to saltwater, as well as new pool pump.  Other smart home capabilities added in 2021 for remote access were electric storm shutters on lanai and front porch area, door lock for front door, and Remote access thermostat.  In 2022 electronic pool automation was added, as well as new plantation shutters.  2023 additions and upgrades included New exterior paint, a full landscape refresh, a Refinished pool, and super gutters were installed on the lanai.  

Purchase of this home includes membership to The Players Club and Spa which includes fine dining, a tiki bar, lap pool, resort style pool, children's pool, workout facility, tennis, pickleball, and much more. Lely Resort is just a few minutes from grocery stores, shops, and restaurants, AND 12 minutes from the world famous Downtown 5th Ave, and 15 minutes to the sugary white sandy beaches of the Gulf of Mexico in either Naples or Marco Island.
Unit Size
2,394 Ft²
Days on Market
197 days
Land Size
0.19 acres
Price per sqft
$563
Property Type
House
Property Taxes
$688
HOA Dues
$732
Year Built
2005

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Last updated: 2 years ago (SWFLMLS #224040060)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Sold
Oct 28, 2024 In contract -
In contract
Sep 6, 2024 Price Decreased $1,349,000
↓ $101K (7%)
Price Decreased
May 9, 2024 Listed by Downing Frye Realty Inc. $1,450,000
Listed by Downing Frye Realty Inc.
Oct 5, 2020 Sold
Sold
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MUSTANG ISLAND
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: MUSTANG ISLAND LOT 116

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010806

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 5B33
  • Subdivision Tract Number: 495350
  • Parcel: 60698002340
  • Lot: 116
  • Meridian: SEC 33 TWN 50 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.0795
  • Longitude: -81.7077

    Address

  • Full Address: 8761 Mustang Island Cir
  • Address - House Number: 8761
  • Address - Street Name: Mustang Island
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Naples
  • Carrier Code: R039
  • 4-Digit Zip Code: 1645
  • Zip Code: 34113

Valuation

    Tax

  • Total Area: 2,744
  • Tax Year: 2022
  • Tax Amount: $820,374
  • Tax Rate Code Area: 245

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 1,285,733
  • High Value: 1,602,925
  • Low Value: 968,540

    Market Valuation

  • Market Total Value: $808,459
  • Market Land Value: $245,498
  • Market Improvement Value: $562,961

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $536,395

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5932767
  • Previous Sale Recording Date: Apr 03, 2009
  • Previous Sale Contract Date: Mar 27, 2009
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Naples


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Frequently Asked Questions

When was property at 8761 Mustang Island Circle built and last sold?
The property at 8761 Mustang Island Circle was built in 2005 and last sold on Oct 2, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 8761 Mustang Island Circle is $1,281,812.
What are some comparable homes to 8761 Mustang Island Circle?
There are currently no comparable homes to 8761 Mustang Island Circle.