8787 Bay Colony DR, Naples, FL, 34108 | $40,000

Welcome to the Pinnacle of Elegance and Exclusivity at Bay Colony, with one of the most envied private beach clubs in Naples. This Seventh Floor unit hits the Sweet Spot of elevation for Panoramic Gulf of Mexico Views. A private elevator sweeps you into this lavishly furnished and spacious home with Gulf facing outdoor living and dining area with grill. Enjoy Magnificent Sunset views, and then Sunrises and coffee from the large adjacent balcony, accessed from the den and guest suites. With 24 hr. concierge service, you can spend your days at the resort style pool and social pavilion, or indulge in beachside service at the club, with formal dining in the evening. Partake in lively Friday poolside happy hours and mingle with your neighbors at special events. This amenity rich building has just undergone a multi million dollar renovation including the grand salon, billiards room, theatre, library, social room, bar and catering kitchen that is sure to impress, as well as having a very active tennis program for all levels. Direct Ritz Carlton access through residents gate. Bay Colony residents also have privilege to all the amenities within the master neighborhood of Pelican Bay, which include two private beach clubs, reached by golf cart tram** Visit the virtual tour link to enjoy the full experience of the property grounds and community.

Features

  • Type: Condominium
  • Building Design: High Rise (8+)
  • Amenities: BBQ - Picnic,Beach - Private,Beach Access,Beach Club Included,Bike And Jog Path,Bike Storage,Billiards,Bocce Court,Cabana,Clubhouse,Community Pool,Community Room,Community Spa/Hot tub,Concierge Services,Electric Vehicle Charging,Exercise Room,Extra Storage,Fitness Center Attended,Full Service Spa,Lap Pool,Library,Pickleball,Restaurant,Sauna,Sidewalk,Streetlight,Tennis Court,Theater,Underground Utility,Vehicle Wash Area
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Style: Other
  • Development: PELICAN BAY
  • Year Built: 2002
  • Garage: 1-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric,Exhaust Fan
  • Approx Sq. Feet: 3,415
  • View: Gulf,Landscaped Area,Water Feature
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Elem. School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Pet Policy: Not Allowed
  • MLS#: 224047406
  • Website: https://www.raveis.com
    /prop/224047406/8787baycolonydr_naples_fl?source=qrflyer
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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

$40,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $32,000 $32,000 $32,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $216 $213 $270
Total Monthly Payment $291 $288 $345

* 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.