8473 Bay Colony DR, Naples, FL, 34108 | $7,150,000

Welcome to luxury living at its pinnacle. This rarely available 04 unit offers a fully furnished residence where opulence meets panoramic perfection. Revel in breathtaking views from every angle, showcasing the unparalleled beauty that surrounds this remarkable property. This unit has been completely upgraded with all designer finishes; featuring the timeless elegance of Jerusalem Limestone flooring that graces the space. The discerning eye will appreciate the bespoke craftsmanship of Final Touch custom Maple woodwork, a testament to the dedication to unparalleled quality throughout. Each room is a sanctuary in itself, with every bedroom boasting its own ensuite, providing the utmost privacy and comfort. Greet the day with a cup of coffee on the East-facing balcony, where you can witness the sunrises. In the evening, indulge in the breathtaking Gulf front views, capturing Naples' renowned sunsets. Immerse yourself in the luxurious lifestyle that Bay Colony offers, where every moment is an opportunity to embrace the extraordinary. Welcome home to a life of unparalleled elegance & refinement in the heart of Naples.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Covered,Paved Parking,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach - Private,Beach Access,Beach Club Included,Bike Storage,Billiards,Business Center,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Extra Storage,Guest Room,Internet Access,Tennis Court,Trash Chute,Vehicle Wash Area
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Complex: BILTMORE AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 1997
  • Common Charge: $5,465 Annually
  • Approx Sq. Feet: 3,325
  • Est. Taxes: $31,825
  • Condo Fee: $11,290 Quarterly
  • Master HOA Fee: $2,944
  • Lot Desc: Across From Waterfront
  • View: Gulf,Landscaped Area,Partial Buildings
  • Community Type: Gated
  • Water Front: Yes
  • Elem. School: SEAGATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: Limits
  • MLS#: 224080015
  • Website: https://www.raveis.com
    /prop/224080015/8473baycolonydr_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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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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8473 Bay Colony DR, Naples, FL, 34108

$7,150,000

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 $5,720,000 $5,720,000 $5,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $2,652 $2,652 $2,652
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,626 $36,626 $50,221
Total Monthly Payment $39,403 $39,403 $52,998

* 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.