8990 Bay Colony DR, Naples, FL, 34108 | $5,995,000

Step onto the staggering 1400 square feet of roof terrace of this lavish penthouse, and the world unfolds before you. You’ll be captivated by sweeping vistas in every direction. By day, the shimmering Gulf of Mexico and bright sun draw you in; by night, the sparkling lights of paradise create a mesmerizing backdrop. This vast space is perfect for hosting grand, unforgettable gatherings.
Inside, the grand living areas continue to impress. The generous great room, with its custom marble fireplace, is the epitome of comfort and style. A formal dining area, complete with a convenient wet bar, enhances your entertaining experience. Behind the fireplace lies an inviting study, featuring custom built-ins and a screened lanai that invites you to take in the breathtaking views. The gourmet chef’s kitchen is designed for both function and beauty, with a large island, glass-walled breakfast nook, and a spacious walk-in pantry, making it ideal for both cooking and casual dining.
Double doors from the foyer open into the private principal suite, a sanctuary of space and serenity. The bedroom is luxuriously appointed, with a door leading to the screened lanai, offering a perfect spot for morning coffee while overlooking nature’s beauty. A short hallway leads to a magnificent custom closet, followed by a stunningly remodeled principal bath. Here, you’ll find a large glass-enclosed shower, a raised platform soaking tub, and exquisite custom cabinetry and lighting.
Two spacious en-suite guest bedrooms, each with beautifully renovated baths, offer luxurious accommodations for family or guests. The expansive terrace provides awe-inspiring views that seem to stretch on forever.
Additional features include two assigned parking spaces, ample storage, and a newly reimagined pool and grilling area, set above the serene mangroves.
Penthouse 1502 lives like a mansion in the sky, offering the ultimate in luxury living within the exclusive, gated community of Bay Colony. Residents enjoy access to the renowned Bay Colony Beach Club and the Ritz-Carlton, just next door. This extraordinary residence is a must-see – words can hardly do it justice. You won’t want to miss the opportunity to experience it firsthand.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Circle Drive,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Access,Beach Club Included,Exercise Room,Extra Storage,Guest Room,Trash Chute,Underground Utility
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: MARQUESA AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 1994
  • Common Charge: $5,188 Annually
  • Approx Sq. Feet: 3,699
  • Est. Taxes: $31,009
  • Condo Fee: $14,938 Quarterly
  • Master HOA Fee: $2,675
  • Lot Desc: Across From Waterfront
  • View: Gulf,Mangroves
  • Community Type: Gated
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224095472
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /mls/224095472/8990baycolonydr_naples_fl?source=qrflyer
Courtesy of

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

J2 Luxury GroupSales Associates

617.320.8253

J2LuxuryGroup@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8990 Bay Colony DR, Naples, FL, 34108

$5,995,000

J2 Luxury Group

Sales Associates

William Raveis Real Estate

Phone: 617.320.8253

J2LuxuryGroup@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 $4,796,000 $4,796,000 $4,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.200% 6.748% 6.786%
Monthly Tax Payment $2,584 $2,584 $2,584
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,908 $30,709 $42,109
Total Monthly Payment $34,617 $33,418 $44,818

* 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.