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$7,850,000

Beds
4
Baths
4.5
sq ft
4,160

8787 Bay Colony Dr Unit 1503, Naples, FL 34108

8787 Bay Colony Dr Unit 1503

NAPLES, FL 34108

  • 63 days on market
    • Price drop $500,000↓
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.

Details

Property type

Condominium

Est. home value

$5,092,836

Lot size

Unknown

Price per sq ft

$1,888

Year built

2002

Annual property taxes

$28,225.81

Monthly HOA fee

$667.92

Price History

06/24/2024
NABOR

NABOR #224039282

Price change
$7,850,000
-5.99%
06/11/2024
NABOR

NABOR #224039282

Removed
$8,350,000
05/01/2024
NABOR

NABOR #224039282

Listed
$8,350,000
+153.03%

Schools & Community

Neighborhood: 

Pelican Bay

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Golf, Pool, Clubhouse, Fitness Center, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

Number of units in community: 

20

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bmo Harris Bank Na

Loan start date

January 2021

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

2.72%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Terry D Rayburn and The Terry D Rayburn Revocable Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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House

7310 Tilden Ln, Naples, FL 34108

Status: Active

Tomo last checked: 07/03/2024 at 9:55 AM

Listing updated: 06/24/2024 at 9:44 AM

Listed by: Denny Bowers, Compass Florida LLC Phone #: (305) 851-2820

MLS: NABOR #224039282

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