8473 Bay Colony DR, Naples, FL, 34108 | $6,500,000

Imagine waking up to breathtaking views in this luxurious beachfront residence, nestled in the prestigious Biltmore at Bay Colony in Naples, FL. , which offers a serene escape with its panoramic vistas that capture both stunning sunsets and tranquil sunrises. Spend your days soaking up the sun by the pristine pool or along the private beach, where paddleboarding and beach-combing become part of your everyday routine.
The Biltmore at Bay Colony is more than just a home; it is a lifestyle. This gated community provides first-class amenities that cater to your every need. Take advantage of the on-site beach club, complete with exquisite dining options, or challenge your friends to a match on the community tennis courts. Stay active and healthy with a state-of-the-art gym, and enjoy the convenience of concierge services that simplify your day-to-day living. The community also grants you access to the exclusive Pelican Bay north and south beaches, with additional restaurants and a beach tram, ensuring you are always connected to the best that Naples has to offer. Separate membership to Club Pelican Bay is available upon approval and separate purchase. Unit 2003 is a masterpiece of comfort and elegance. The spacious three-bedroom, three-and-a-half-bath residence features marble floors and three screened-in lanais, perfect for enjoying the gentle Gulf breeze. Each bedroom boasts en-suite bathrooms, providing privacy and convenience for all residents. The unit is adorned with new carpet, fresh paint, and updated window treatments, creating a modern and inviting atmosphere. Additionally, the electric hurricane shutters offer peace of mind during stormy weather. Included with this unit is Studio #1 on the ground floor, located adjacent to the lobby an additional 460 square feet of versatile space complete with a kitchenette, full bathroom, and direct access to the pool. This studio is ideal for an office or as a private retreat and the best part is you enter from the lobby hallway. no need to go outside. The property also comes with two parking spots and ample storage, ensuring all your needs are met. Living at Bay Colony means embracing the best of Naples, a city renowned for its luxury shopping and dining experiences. This residence offers a harmonious blend of relaxation, convenience, and sophisticated living, making it the perfect place to call home.
Parking Spots 135 and 148, Storage Unit 76

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Covered,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Access,Beach Club Included,Bike And Jog Path,Bike Storage,Cabana,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Internet Access,Restaurant,Streetlight,Tennis Court,Trash Chute,Underground Utility
  • Bedrooms: 3
  • 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: $50,139
  • Condo Fee: $10,763 Quarterly
  • Master HOA Fee: $2,675
  • Lot Desc: Zero Lot Line
  • View: Gulf
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224090605
  • Website: https://www.raveis.com
    /prop/224090605/8473baycolonydr_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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8473 Bay Colony DR, Naples, FL, 34108

$6,500,000

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 $5,200,000 $5,200,000 $5,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.250% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.360% 6.956%
Monthly Tax Payment $4,178 $4,178 $4,178
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $33,727 $32,017 $46,015
Total Monthly Payment $38,030 $36,320 $50,318

* 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.