NOT LISTED FOR SALE

8990 Bay Colony Dr Unit 702 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $2,068,637 - $2,868,000

2 Beds
2.5 Baths
2,005 Sq Ft
$2,322/mo HOA Fee

Last Sold March 19, 2020

Last sale price $1,350,000 $673 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $16,927/month

8 Days on Market

Highlights

  • Community Beach Access
  • Private Beach
  • Ocean To Bay Views
  • Sea Gate Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Private Membership Available

About This Home

As of March 2020

It's a Jewel! Nestled into the heart of Bay Colony, Marquesa residence 702 captures absolutely sensational Gulf of Mexico views, the birds and waterways within the extraordinary Clam Bay, the picturesque preserve and the expansive coastal beach shoreline. This intimate residential luxury tower is home to only thirty nine residences. Impeccably maintained, the light and bright interior encompasses over 2,000 Sq. ft of gracious living with a delightful kitchen, great room and two bedrooms plus den or dining area. The nine foot high ceilings and expansive glass simply add to the many unique features. Bay Colony residents enjoy the world class amenities of the secured guard gated seaside community with its own private Beach Club and Tennis Club along with all of the amenities of Pelican Bay including Marker 36 and the Sandbar both directly on the beach! Enjoy the ultimate lifestyle!

Last Agent to Sell the Property

Barbara Lowe

Premier Sotheby's Int'l Realty License #NAPLES-249500347 Listed on: 02/12/2020

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Bonnie Nageon de Lestang

Premier Sotheby's Int'l Realty License #NAPLES-249520730

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,239

Year Built

  • Built in 1994

Lot Details

  • Property Fronts a Bay or Harbor
  • Private Beach
  • West Facing Home

HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Property Views

  • Ocean To Bay
  • Bay

Home Design

  • Florida Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Electric Shutters
  • Picture Window
  • Sliding Windows
  • Great Room
  • Breakfast Room
  • Family or Dining Combination
  • Den
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 59720000360

Community Details

Overview

  • $12,500 Secondary HOA Transfer Fee
  • 39 Units
  • Private Membership Available
  • High-Rise Condominium
  • Marquesa At Bay Colony Condos

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

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,239

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,322 per month

Parking

2

Listing Details

  • Legal Description: MARQUESA AT BAY COLONY, THE A CONDOMINIUM 702
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Florida
  • Storm Protection: Electric Shutters
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 7
  • Price Per Sq Ft: 673.32
  • Total Floors: 1
  • Room Count: 6
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2005
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Room, Family Dining
  • Elevator: Common
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Marble
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Custom Mirrors, Fire Sprinkler, Foyer, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Windows: Picture, Sliding

Exterior Features

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

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-594-9000
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: MARQUESA AT BAY COLONY
  • Condo Fees: 19684
  • 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, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, 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 that 15" at shoulder or 2 cats
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Community Pool, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Internet Access, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated, Tennis
  • 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: 702
  • Section: 33
  • Total Area: 2245
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 59720000360

Rental Info

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

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 10239.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 16, 2020
Sold by
Lynnes R Milton and R Milton Lynnes Declaration Of
Bought by
York Sara L and Sara L York Trust
Seller's Agent
Barbara Lowe
Premier Sotheby's Int'l Realty
Buyer's Agent
Bonnie Nageon de Lestang
Premier Sotheby's Int'l Realty
List Price
$1,480,000
Sold Price
$1,350,000
Premium/Discount to List
-$130,000
-8.78%
Current Estimated Value
$2,478,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,142
Avg. Annual Appreciation
12.10%

Purchase Details

Listed on
Nov 12, 2017
Closed on
Aug 30, 2018
Sold by
Rhoda Susan B
Bought by
Lynnes R Milton and R Milton Lynnes Declaration Of
Seller's Agent
Jill Rogers
John R Wood Properties
Buyer's Agent
Victoria Harrison
Downing Frye Realty Inc.
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.51%

Purchase Details

Listed on
Mar 12, 2013
Closed on
Aug 15, 2013
Sold by
Foley Dennis C and Foley Guadalupe
Bought by
Rhoda Susan B
Seller's Agent
Leah Ritchey
Premier Sotheby's Int'l Realty
Buyer's Agent
Jill Rogers
John R Wood Properties
List Price
$1,270,000
Sold Price
$1,270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Moosally Fred Peter and Moosally Joan Heffron
Bought by
Foley Dennis C and Foley Guadalupe

Purchase Details

Closed on
Aug 3, 2009
Sold by
Barber John F
Bought by
Moosally Fred Peter and Moosally Joan Heffron

Purchase Details

Closed on
May 30, 2006
Sold by
Barber John F
Bought by
Abbott Barber Marlene E and Barber John F

Purchase Details

Closed on
Dec 1, 1994
Sold by
W C N Com Inc
Bought by
Barber John F and Abbott Marlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
9.01%
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
York Sara L $1,350,000 Attorney
Lynnes R Milton $1,450,000 Attorney
Rhoda Susan B $1,270,000 Attorney
Foley Dennis C $1,200,000 Attorney
Moosally Fred Peter $1,050,000 Sunbelt Title Agency
Abbott Barber Marlene E -- None Available
Barber John F -- None Available
Barber John F $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Dennis C $900,000
Previous Owner Barber John F $500,000
Previous Owner Barber John F $800,000
Previous Owner Barber John F $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $1,350,000 -8.8% $673 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $1,480,000 +2.1% $738 / Sq Ft
08/31/2018 08/31/18 Sold $1,450,000 -3.0% $723 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $1,495,000 -6.3% $746 / Sq Ft
02/28/2018 02/28/18 Price Changed $1,595,000 -3.3% $796 / Sq Ft
11/13/2017 11/13/17 For Sale $1,650,000 +29.9% $823 / Sq Ft
08/15/2013 08/15/13 Sold $1,270,000 0.0% $633 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $1,270,000 -- $633 / 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 $13,241 $1,282,549 $0 $0
2022 $13,593 $1,245,193 $0 $0
2021 $13,675 $1,208,925 $0 $1,208,925
2020 $10,826 $962,436 $0 $0
2019 $10,666 $940,798 $0 $0
2018 $14,526 $1,233,000 $0 $1,233,000
2017 $13,941 $1,202,925 $0 $1,202,925
2016 $13,029 $1,126,750 $0 $0
2015 $12,239 $1,046,550 $0 $0
2014 $11,374 $965,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220012452

Naples Area Board of REALTORS®

APN: 59720000360