$12,500,000
SOLD AUG 19, 2024

Brighton at Bay Colony 8231 Bay Colony Dr Unit Penthouse 1 Naples, FL 34108

Pelican Bay Neighborhood
4 Beds
5.5 Baths
6,164 Sq Ft
$7,362/mo HOA Fee

Recently Sold

$2,028 Per Sq Ft

17% Below List Price

175 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Private Beach
  • Sea Gate Elementary School Rated A
  • Golf Course Community
  • Community Cabanas

About This Home

As of August 2024

This stunning penthouse on the 21st floor offers an unparalleled level of luxury and elegance. With over 6,000 square feet of living space and a prime beachfront location overlooking the Gulf of Mexico, this residence defines coastal living at its finest. Meticulously remodeled over the years with a seamless design. The unit boasts four bedroom suites, each offering lavish comfort and stunning views. The primary suite is a sanctuary in itself, featuring separate bath quarters that is the lap of luxury. One side includes a private hobby room currently set up as a home gym. One of the defining features of this penthouse are the two expansive terraces with views overlooking the pristine beaches and the Gulf of Mexico. The terrace is an outdoor paradise where you can savor breathtaking sunsets, dine al fresco, or simply unwind while listening to the soothing sounds of the ocean. Situated within the prestigious Bay Colony community of Pelican Bay, residents of this penthouse enjoy access to world-class amenities: private beach access, a beach club with private dining, tennis courts, and a championship golf course with various memberships available.

Last Agent to Sell the Property

Tyler Manring

Compass Florida LLC License #NAPLES-249513838 Listed on: 09/11/2023

Compass Florida LLC

Co-Listed By

Eric Manring

Compass Florida LLC License #NAPLES-249514261

Last Buyer's Agent

Sandi Williams

John R Wood Properties License #NAPLES-249501954

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,442

Year Built

  • Built in 1994

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Private Beach
  • West Facing Home
  • Gated Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Parking Garage Spaces
  • Deeded Parking
  • Secure Parking

Property Views

  • Ocean To Bay
  • Bay
  • Gulf
  • Views of Preserve
  • Golf Course

Home Design

  • Penthouse
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 6,164 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Fireplace
  • Picture Window
  • Sliding Windows
  • Formal Dining Room
  • Home Office
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24770001441
  • Tax Block PH

Community Details

Overview

  • $17,500 Secondary HOA Transfer Fee
  • 75 Units
  • Private Membership Available
  • High-Rise Condominium
  • Brighton At Bay Colony Condos
  • Pelican Bay Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Library
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Golf Course Community
  • Private Beach Club
  • Beach Club Membership Available
  • Tennis Courts
  • Exercise Course
  • Community Cabanas
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Pets up to 20 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • 24-Hour Guard
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,442

Year Built

Built in 1994

Lot Details

0

HOA Fees

$7,362 per month

Parking

2

Listing Details

  • Legal Description: BRIGHTON AT BAY COLONY A CONDOMINIUM PH-2101
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Penthouse
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1994
  • Property Information: This stunning penthouse on the 21st floor offers an unparalleled level of luxury and elegance. With over 6,000 square feet of living space and a prime beachfront location overlooking the Gulf of Mexico, this residence defines coastal living at its finest. Meticulously remodeled over the years with a seamless design. The unit boasts four bedroom suites, each offering lavish comfort and stunning views. The primary suite is a sanctuary in itself, featuring separate bath quarters that is the lap of luxury. One side includes a private hobby room currently set up as a home gym. One of the defining features of this penthouse are the two expansive terraces with views overlooking the pristine beaches and the Gulf of Mexico. The terrace is an outdoor paradise where you can savor breathtaking sunsets, dine al fresco, or simply unwind while listening to the soothing sounds of the ocean. Situated within the prestigious Bay Colony community of Pelican Bay, residents of this penthouse enjoy access to world-class amenities: private beach access, a beach club with private dining, tennis courts, and a championship golf course with various memberships available.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 21
  • Price Per Sq Ft: 2027.90
  • Total Floors: 1
  • Additional Rooms: Den/Study, Exercise, Home Office, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 6164
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Formal
  • Elevator: Private
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Wall Oven, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Coffered Ceiling, Custom Mirrors, Fire Sprinkler, Fireplace, Foyer, Internet Available, Smoke Detectors, Walk-In Closet, Wet Bar, Window Coverings
  • Primary Bathroom: 2 Masters, Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant, Picture, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Private Road
  • View: Bay, City, Golf Course, Gulf, Gulf and Bay, Preserve, Water
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric, Zoned
  • Security: Secured Garage, Gated, Guard At Gate, Lobby, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2395925700
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: BRIGHTON AT BAY COLONY
  • Condo Fees: 77386.27
  • Condo Fee Frequency: Annually
  • HOA Fees: 8015
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Sewer, Street Lights, Trash Removal, Water
  • Master Hoa Fee: 2944
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 20
  • Pets Limit Other: 15" tall at shoulder
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Beach Club Available, Beach Club Included, Bike And Jog Path, Bike Storage, Cabana, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Library, Private Beach Pavilion, Private Membership, Sauna, Sidewalk, Streetlight, Tennis Court, Trash Chute, Vehicle Wash Area
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 75
  • Total Number of Units: 75

Fee Information

  • Transfer Fees: 17500.00
  • Application Fee: 500.00

Lot Info

  • Builder Product: No
  • Lot Unit: 2101
  • Section: 32
  • Total Area: 8529
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 24770001441

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 60442.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Aug 16, 2024
Sold by
Chapman Leslie
Bought by
James Arthur Nyquist Revocable Trust and Katherine Button Bell Trust
Seller's Agent
Tyler Manring
Compass Florida LLC
Buyer's Agent
Sandi Williams
John R Wood Properties
List Price
$15,000,000
Sold Price
$12,500,000
Premium/Discount to List
-$2,500,000
-16.67%
Total Days on Market
175
Views
648
Current Estimated Value
$8,315,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,184,864
Avg. Annual Appreciation
-40.70%

Purchase Details

Closed on
Aug 30, 2010
Sold by
Chapman Deborah L
Bought by
Chapman George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,280,205
Interest Rate
4.27%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tunanidas Amela G
Bought by
Chapman Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.29%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Brighton Inv Of Naples L L C
Bought by
Neuendorf Tracy L and Tunanidas Amela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
7.08%

Purchase Details

Closed on
Jun 27, 2001
Sold by
727779 Alberta Ltd
Bought by
Brighton Investments Naples L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 30, 2001
Sold by
727779 Alberta Ltd
Bought by
Brighton Investments Naples L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Shaffer Oren G and Shaffer Evelyne
Bought by
727779 Alberta Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
8.55%

Purchase Details

Closed on
May 23, 1998
Sold by
Elkins Robert N
Bought by
Shaffer Oren G and Shaffer Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.11%

Purchase Details

Closed on
May 9, 1994
Sold by
W C N Com Inc
Bought by
Elkins Robert N and Elkins Shirlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
8.07%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer $844,226 Attorney
Warranty Deed $2,150,000 --
Warranty Deed $2,150,000 --
Warranty Deed $4,300,000 --
Warranty Deed -- --
Warranty Deed $3,800,000 --
Warranty Deed $4,500,000 --
Warranty Deed $2,750,000 --
Warranty Deed $1,900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,280,205 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Credit Line Revolving
Previous Owner $2,000,000 No Value Available
Previous Owner $2,250,000 New Conventional
Previous Owner $4,500,000 No Value Available
Previous Owner $2,675,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $2,250,000 No Value Available
Previous Owner $2,500,000 No Value Available
Previous Owner $1,330,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $12,500,000 -13.8% $2,028 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $14,500,000 -3.3% $2,352 / Sq Ft
09/11/2023 09/11/23 For Sale $15,000,000 -- $2,433 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $58,516 $5,856,964 $0 $0
2022 $60,442 $5,686,373 $0 $0
2021 $61,122 $5,520,750 $0 $5,520,750
2020 $60,484 $5,520,750 $0 $5,520,750
2019 $59,788 $5,416,317 $0 $0
2018 $58,834 $5,315,326 $0 $0
2017 $57,735 $5,206,000 $0 $5,206,000
2016 $57,638 $5,206,000 $0 $0
2015 $54,356 $4,804,200 $0 $0
2014 -- $4,419,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223064674

Naples Area Board of REALTORS®

APN: 24770001441