For sale Condo

Listed May 21, 2026

$539,000 Est. $3,565/mo

7950 Mahogany Run Lane Unit 416

  • 3

    Beds

  • 2

    Baths

  • 1,454

    Sq ft

The story

  • Pool
  • Waterfront

This rare first floor condominium for sale in the heart of Lely Resort offers a picturesque lake/lawn view, creating a serene backdrop to this 3 bedroom end unit. Turnkey and ready to go for you and your family or as a rental. The property is not only a beautiful home but also a great investment opportunity, situated in a desirable location with potential for rental income or long-term value appreciation. No limits on the number of rentals or number of days you can rent. “Investors dream”. The combination of resort style, living, stylish updates, golf access and investment potential makes this condo a fantastic choice for any buyer. Amenities include: Optional Players Club and Spa membership, on site restaurant, tennis, bocce, resort style swimming pool, shuffleboard, walk to 2 semi-private golf courses The Flamingo and The Mustang. Enjoy 42 rounds of golf that come with this property on the 2 resort courses just steps from your door. Golfers also enjoy unlimited use of the practice facilities/driving range just a 2 minute stroll away. Golf also includes access to the private club, “The Classics” in the off season without an attached membership fee or a monthly spend.

Facts & features

Home type

Condo

Year built

2006

Floors

2

Price per sq ft

$371

HOA

$77 / annually

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker

  • Flooring

    Carpet, Tile

  • Roof

    Metal

  • Lot Information

    Zero Lot Line

  • Exterior

    Security High Impact Doors

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,565 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,869
  • Property tax $539
  • Insurance $157

Includes principal, interest, taxes & insurance.

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Listing Broker

Premiere Plus Realty Company

Broker Name

Premiere Plus Realty Company

Agent

Mark Alterio