8960 Bay Colony DR, Naples, FL, 34108 | $2,495,000

HIGH & DRY. No damage from recent weather events. Elevator optional, lobby level corner residence offers a rarely available lifestyle combining the feel of living in a garden villa with the security, amenities and convenience of a condominium. With approximately 3500 SF of Total Living, HOME is what you will want to call this 3-bedroom 3 bath residence with family room, volume ceilings up to 12’ high, marble floors and stately millwork. Great Room is anchored by a wall of floor to ceiling book shelves and storage with direct access to a wrap-around screened porch. The second screened porch and expansive open-air terrace make outdoor living and entertaining a breeze. Toscana’s residents are raving about the spectacular multi-million dollar renovation of the common areas and amenities. Includes two under-building, deeded parking spaces and additional air conditioned private storage. Walk to the world-class Bay Colony Beach Club, restaurant & tennis club. Bay Colony property owners also enjoy access to all of the Pelican Bay amenities, including two additional beachfront restaurants, fully equipped and attended fitness, tennis and community center. This secure enclave is adjacent to the Ritz-Carlton with fine dining and world class shopping nearby.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Covered,Driveway Paved,Electric Vehicle Charging,Guest,Paved Parking,Under Bldg Closed
  • Heating: Central Electric,Zoned
  • Cooling: Ceiling Fans,Central Electric,Zoned
  • Levels: 1
  • Amenities: Beach Access,Beach Club Included,Bike And Jog Path,Bike Storage,Community Pool,Community Room,Community Spa/Hot tub,Concierge Services,Electric Vehicle Charging,Exercise Room,Extra Storage,Guest Room,Internet Access,Private Beach Pavilion,Private Membership,Restaurant,Sauna,Sidewalk,Streetlight,Tennis Court,Trash Chute,Underground Utility,Vehicle Wash Area
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: TOSCANA AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 1999
  • Common Charge: $5,465 Annually
  • Approx Sq. Feet: 2,800
  • Est. Taxes: $12,198
  • Condo Fee: $44,631 Annually
  • Master HOA Fee: $2,675
  • Lot Desc: Other
  • View: Landscaped Area
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224011941
  • Website: https://www.raveis.com
    /prop/224011941/8960baycolonydr_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of PREMIER SOTHEBY'S INTERNATIONAL

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NMLS Mortgage Loan Originator ID 16953

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8960 Bay Colony DR, Naples, FL, 34108

$2,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,996,000 $1,996,000 $1,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.762% 6.830%
Monthly Tax Payment $1,017 $1,017 $1,017
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,946 $12,781 $17,525
Total Monthly Payment $14,087 $13,922 $18,666

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.