8787 Bay Colony DR, Naples, FL, 34108 | $8,350,000

Experience the pinnacle of luxury living at 8787 Bay Colony Drive, Unit 1503, Naples, FL. This exquisite residence boasts 4 bedrooms, 4. 5 bathrooms, and an expansive 4160 square feet of living space. Upon entry, you are greeted by a secured private elevator, offering exclusive and discreet access to your elegant abode. The interior has been completely remodeled by Legacy Homes, showcasing a stunning great room, an open kitchen with a family room, and a generous primary suite with captivating Gulf of Mexico views. Additionally, two guest suites provide ample accommodation for family and guests. The chef's kitchen is a masterpiece, featuring new top-of-the-line appliances, including a Wolf range, oven, and microwave, Sub-Zero refrigerator and wine cooler, Asko dishwasher, Pentair water filter, and Meile steam oven. Every detail has been meticulously curated to elevate the culinary experience. Upgrades abound, with a Bosch heat pump and Rheem water heater installed in 2022, along with new solid interior doors, ensuring both efficiency and elegance. The residence also grants access to a wealth of amenities, including a tropical outdoor resort-style lagoon pool and spa, a poolside social pavilion with a fireplace and media center, and a grand fitness center. For those seeking relaxation, the private elevator opens to a world of tranquility, with access to common outdoor spaces and beachfront bliss. Indulge in the opulence of Trieste, where the lobby, first floor, and elevators were remodeled in 2022, enhancing the building's elegance. Residents have the privilege of enjoying a wealth of first-class amenities and an exceptional lifestyle through their all-inclusive Bay Colony and Pelican Bay Membership privileges. Live the life of luxury with beach access, city and water views, marble and carpet floors, central AC and heating, attached garage, gym, tennis court, and more. This is an unparalleled opportunity to reside in a residence that exemplifies elegance and sophistication.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Club Included,Bike And Jog Path,Business Center,Clubhouse,Community Pool,Community Spa/Hot tub,Concierge Services,Exercise Room,Golf Course,Guest Room,Internet Access,Private Membership,Putting Green,Restaurant,Sidewalk,Streetlight,Tennis Court,Trash Chute,Underground Utility
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Complex: TRIESTE AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 2002
  • Common Charge: $2,965 Annually
  • Approx Sq. Feet: 4,160
  • Est. Taxes: $28,226
  • Condo Fee: $10,458 Quarterly
  • Master HOA Fee: $8,015
  • Lot Desc: Zero Lot Line
  • View: Bay,Gulf,Gulf and Bay
  • Community Type: Condo/Hotel,Gated,Golf Course,Tennis
  • Pet Policy: Limits
  • MLS#: 224039282
  • Website: https://www.raveis.com
    /prop/224039282/8787baycolonydr_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 COMPASS FLORIDA LLC

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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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8787 Bay Colony DR, Naples, FL, 34108

$8,350,000

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 $6,680,000 $6,680,000 $6,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.989% 7.102%
Monthly Tax Payment $2,352 $2,352 $2,352
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $44,442 $43,883 $59,576
Total Monthly Payment $46,919 $46,360 $62,053

* 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.