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$2,995,000

Beds
3
Baths
3.0
sq ft
2,610

8990 Bay Colony Dr Unit 903, Naples, FL 34108

8990 Bay Colony Dr Unit 903

NAPLES, FL 34108

  • 12 days on market
Completely reimagined with timeless updates, this rarely available "03" end unit at the Marquesa condominium in Bay Colony offers dramatic views of the estuary and Gulf of Mexico. The unit spans across 2,610 sq. ft. of living space and offers three spacious bedrooms with walk-in-closets and ensuite bathrooms, three terraces where one can revel in the enviable water views, as well as new European white oak flooring, custom millwork, and a neutral paint scheme. Additional notable features include a newer custom closet in the master bedroom dressing room, a wet bar, newer appliances, and copious storage throughout. Residents of Bay Colony have the privilege of enjoying unequalled service, dining, beach access, and other amenities within the gates of one of the most highly sought after addresses, all the while only a stones throw away from the cultural events at the Artis Naples and world class shopping / dining found at Waterside Shoppes.

Details

Property type

Condominium

Est. home value

$3,086,632

Lot size

Unknown

Price per sq ft

$1,148

Year built

1994

Annual property taxes

$22,669.68

Monthly HOA fee

$245.33

Price History

06/21/2024
NABOR

NABOR #224047137

Listed
$2,995,000
+30.22%
05/28/2021
NABOR

NABOR #221026224

Sold
$2,300,000

Schools & Community

Neighborhood: 

Pelican Bay

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

Number of units in community: 

39

Negotiation Insights

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

Seller could get up to

$1,241,171
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$1,514,229
Cash to seller
$1,241,171

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Northern Trust Co

Loan start date

May 2021

Original loan amount

$1,840,000

Est. remaining balance

$1,514,229

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

8990 Bay Colony 903 Land 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?

Status: Active

Tomo last checked: 07/03/2024 at 10:00 AM

Listing updated: 06/24/2024 at 3:27 PM

Listed by: Bill Earls, PA, John R Wood Properties Phone #: (239) 261-6622

MLS: NABOR #224047137

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