8111 Bay Colony DR, Naples, FL, 34108 | $4,900,000

Welcome to the prestigious gated community of Contessa at Bay Colony, located in Pelican Bay. Overlooking the sparkling waters of the Gulf of Mexico in the southernmost high rise in Bay Colony, this 3-bedroom, 3-1/2-bath plus den corner unit boasts 180° views as Contessa is unobstructed by neighboring towers. Boasting an open floor plan, natural sunlight fills every corner of the home enhancing the airy beach-themed decor that creates a relaxed and inviting atmosphere. Meticulously maintained and move-in ready, this condominium features spacious living areas, a large open gourmet kitchen and large windows that offer panoramic views of the Gulf of Mexico and the surrounding lush mangroves. Residents of Contessa have private access to the amenities of Bay Colony - a private restaurant and tennis club - and also to the amenities of Pelican Bay which includes two oceanfront dining clubs and the Pelican Bay tennis facility. Pelican Bay members also enjoy two miles of sandy beaches, nature trails and accessible pathways. The Contessa is renowned for its world-class amenities, including 24-hour concierge service, a beachfront salt water pool, recently renovated fitness center, air conditioned storage units and two guest suites. Within a short distance, you’ll enjoy easy access to upscale shopping, dining and all Naples has to offer. Whether you’re seeking a vacation getaway or a permanent residence, this Contessa condominium offers the ultimate in luxury beachfront living.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach Access,Beach Club Available,Beach Club Included,Bike And Jog Path,Bike Storage,Business Center,Community Pool,Community Room,Community Spa/Hot tub,Concierge Services,Electric Vehicle Charging,Exercise Room,Extra Storage,Guest Room,Internet Access,Private Membership,Restaurant,Sidewalk,Streetlight,Tennis Court,Trash Chute,Vehicle Wash Area
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: CONTESSA AT BAY COLONY
  • Development: PELICAN BAY
  • Year Built: 1991
  • Common Charge: $5,760 Annually
  • Approx Sq. Feet: 3,061
  • Est. Taxes: $26,674
  • Condo Fee: $12,946 Quarterly
  • Master HOA Fee: $2,675
  • Lot Desc: Zero Lot Line
  • View: Gulf,Landscaped Area,Mangroves,Pool/Club,Tennis Courts
  • Community Type: Gated
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224101143
  • Website: https://www.raveis.com
    /prop/224101143/8111baycolonydr_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 Douglas Elliman Florida,LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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8111 Bay Colony DR, Naples, FL, 34108

$4,900,000

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 $3,920,000 $3,920,000 $3,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $2,223 $2,223 $2,223
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,425 $24,777 $34,147
Total Monthly Payment $27,773 $27,125 $36,495

* 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.