8473 Bay Colony DR, Naples, FL, 34108 | $5,850,000

Redesigned and intelligently reimagined this extraordinary beachfront home now boasts a modern open living/dining/entertaining space, new breakfast/snack bar, four bedrooms and is in effortless move-in condition. Brilliant riveting gulf and beach views are ever present sunrise to sunset from its enviable fifth floor perch. You’ll be dazzled by the Biltmore’s stunning new Pool Deck showcased by the celebrated Naples coastline epitomizing upscale seaside living. Gleaming white marble flooring flows through the entire home highlighting the exceptional interior design that was previously crafted in the sleek kitchen and gorgeous primary bathroom by Naples Kitchen and Bath. Encompassing over 3, 600 sq. feet including three lanais, family and friends can gather and relax comfortably and enjoy this exclusive yet casual lifestyle. The Biltmore is also undergoing an exceptional exterior renovation that will transform its Entrance into a world-class resort. All assessments have been paid. Bay Colony personifies laid-back luxury with its private beach access, attended service, members only restaurant and tennis courts all accessed through a stately secure guarded entry. Set within SWFL's most desired waterfront community, Pelican Bay, residency includes additional membership to its array of outstanding amenities.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Access,Beach Club Included,Community Pool,Community Spa/Hot tub,Exercise Room,Extra Storage,Internet Access,Streetlight,Tennis Court,Trash Chute
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Complex: BILTMORE AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 1997
  • Common Charge: $5,465 Annually
  • Approx Sq. Feet: 3,200
  • Est. Taxes: $24,458
  • Condo Fee: $10,763 Quarterly
  • Master HOA Fee: $2,944
  • Lot Desc: Across From Waterfront
  • View: Gulf
  • Community Type: Gated
  • Water Front: Yes
  • Elem. School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 223041418
  • Website: https://www.raveis.com
    /prop/223041418/8473baycolonydr_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 John R Wood Properties

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NMLS Mortgage Loan Originator ID 16953

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8473 Bay Colony DR, Naples, FL, 34108

$5,850,000

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 $4,680,000 $4,680,000 $4,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $2,038 $2,038 $2,038
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $28,436 $28,436 $39,493
Total Monthly Payment $30,599 $30,599 $41,656

* 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.