NOT LISTED FOR SALE

8990 Bay Colony Dr Unit 203 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $2,373,000 - $3,295,000

3 Beds
3 Baths
2,610 Sq Ft
$2,827/mo HOA Fee

Last Sold February 25, 2021

Last sale price $1,625,000 $623 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $19,590/month

148 Days on Market

Highlights

  • Community Beach Access
  • Property Fronts a Bay or Harbor
  • Private Membership Available
  • Sea Gate Elementary School Rated A
  • 24-Hour Guard
  • Marble Flooring

About This Home

As of February 2021

C.17644 - This most generous, sun-lit Marquesa SW corner JEWEL is the epitome of true Florida-Style living, offering unmatched sensational floor-to-ceiling wrap-around sunrise-to-sunset private treetop panoramic views with no cabana's in sight, complemented by 3 generous lanais, allowing indoor spaces to flow seamlessly to the outdoors. Marquesa is The Boutique Bay Colony Tower, prized for its exclusive 3 residences per floor, and only 39 delightful owners! This gem touts a bright and casual flowing floor plan, 9’ ceilings, fabulous honed 30" x 30" marble flooring in all main areas, plantation shutters and a cheerful, spacious chef’s custom kitchen with GE Monogram appliances, cooktop, glass-tiled backsplash, and sleek white Poggenpohl cabinetry. Guest bath offers a unique vessel sink, and Master Bath a garden spa tub. Enjoy 2 under-tower dedicated parking spaces, and A/C storage, along with all the 5-Star tower and neighborhood amenities one anticipates from the included world-class Bay Colony & Pelican Bay membership privileges. You deserve to live your dream & this special JEWEL awaits you.

Last Agent to Sell the Property

Jill Rogers

John R Wood Properties License #NAPLES-249501011 Listed on: 06/25/2020

John R Wood Properties

Co-Listed By

Alexis Martin

Compass Florida LLC License #NAPLES-249522375

Last Buyer's Agent

Chad Phipps

John R Wood Properties License #NAPLES-249514864

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,100

Year Built

  • Built in 1994

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • West Facing Home
  • Gated Home

HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Circular Driveway
  • Guest Parking
  • Deeded Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,610 Sq Ft Home
  • Custom Mirrors
  • Corner Fireplace
  • Solar Tinted Windows
  • Electric Shutters
  • Picture Window
  • Sliding Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Screened Porch
  • Partial Bay or Harbor Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Lanai

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 59720000085

Community Details

Overview

  • $12,500 Secondary HOA Transfer Fee
  • 39 Units
  • Private Membership Available
  • High-Rise Condominium
  • Marquesa At Bay Colony Condos
  • Car Wash Area
  • 15-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,100

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,827 per month

Parking

2

Listing Details

  • Legal Description: MARQUESA AT BAY COLONY, THE A CONDOMINIUM 203
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Corner, End-Unit
  • Storm Protection: Electric Shutters
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 622.61
  • Total Floors: 15
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 2610
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room, Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Carpet, Marble
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Cable Prewire, Custom Mirrors, Fire Sprinkler, Foyer, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Windows: Picture, Sliding, Solar Tinted

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Landscaped Area, Partial Bay
  • Exterior Finish: Stucco
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Circle Drive, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Entry Phone, Secured Garage, Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: MARQUESA AT BAY COLONY
  • Condo Fees: 25739.84
  • Condo Fee Frequency: Annually
  • HOA Fees: 3865
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 2396
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 1922
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: Limits
  • Pets Limit Other: 1 dog no more than 15" at shoulder or 2 cats
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 39
  • Total Number of Units: 39

Fee Information

  • Transfer Fees: 12500.00
  • Application Fee: 100.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 203
  • Section: 33
  • Total Area: 3249
  • Waterfront: Yes
  • Rear Exposure: West
  • Parcel Number: 59720000085

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 11100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Feb 25, 2021
Sold by
Karoue Fans M and Karman Linda L
Bought by
Benson Susan W
Seller's Agent
Jill Rogers
John R Wood Properties
Buyer's Agent
Chad Phipps
John R Wood Properties
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Total Days on Market
148
Current Estimated Value
$2,775,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150,194
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Mar 9, 2012
Sold by
Karman Linda L and The Karman Irrevocable Trust
Bought by
Karoue Faris M and Karman Linda L

Purchase Details

Closed on
Dec 5, 2007
Sold by
Karoue Faris M and Karman Linda
Bought by
Karoue Faris M and Karman Linda

Purchase Details

Closed on
May 26, 2005
Sold by
Curtin John R
Bought by
Karoue Faris M and Karman Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 1995
Sold by
W C I Com Ltd Ptnr
Bought by
Curtin John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benson Susan W $1,625,000 Attorney
Karoue Faris M -- Attorney
Karman Linda L -- Attorney
Karoue Faris M -- Attorney
Karoue Faris M $1,100,000 --
Curtin John R $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karoue Faris M $250,000
Previous Owner Curtin John R $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $1,625,000 -1.5% $623 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $1,650,000 -- $632 / 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 $19,705 $1,887,574 $0 $0
2022 $18,975 $1,715,976 $0 $1,715,976
2021 $11,563 $1,016,981 $0 $0
2020 $11,267 $1,002,940 $0 $0
2019 $11,100 $980,391 $0 $0
2018 $11,136 $962,111 $0 $0
2017 $10,638 $942,322 $0 $0
2016 $10,359 $922,940 $0 $0
2015 $10,358 $916,524 $0 $0
2014 -- $859,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Rogers

    Seller's Agent in 2021

    Jill Rogers

    John R. Wood Properties

    (239) 450-6856

    49 in this area

    73 Total Sales

    Section Image
  • Alexis Martin

    Seller Co-Listing Agent in 2021

    Alexis Martin

    Compass Florida LLC

    (239) 776-1210

    31 in this area

    59 Total Sales

    Section Image
  • Chad Phipps

    Buyer's Agent in 2021

    Chad Phipps

    John R Wood Properties

    (239) 293-7401

    28 in this area

    86 Total Sales

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220038866

Naples Area Board of REALTORS®

APN: 59720000085

Florida Collier County Naples 34108 Pelican Bay

8990 Bay Colony Dr Unit 203, Naples, FL

This home is located at 8990 Bay Colony Dr Unit 203, Naples, FL 34108 since 25 June 2020 and is currently estimated at $2,674,666, approximately $1,024 per square foot. This property was built in 1994. 8990 Bay Colony Dr Unit 203 is a home located in Collier County with nearby schools including Sea Gate Elementary School, Pine Ridge Middle School, and Barron Collier High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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