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Sold for $5,550,000
  • $5,550,000

    8990 Bay Colony DR #PH 1502, NAPLES, FL 34108

    3beds
    3,699sqft
    Condominium
    Built in 1994
    -- sqft lot
    $5,225,500 Zestimate®
    $1,500/sqft
    $-- Estimated rent

    Home value

    $5,225,500

    $4.65M - $5.85M

    Not available

    Zestimate® history
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    What's special

    Custom marble fireplaceLarge islandShimmering gulf of mexicoRenovated bathsStunningly remodeled principal bathSpacious en-suite guest bedroomsGlass-walled breakfast nook
    Step onto the staggering 1400 square feet of roof terrace of this lavish penthouse, and the world unfolds before you. You’ll be captivated by sweeping vistas in every direction. By day, the shimmering Gulf of Mexico and bright sun draw you in; by night, the sparkling lights of paradise create a mesmerizing backdrop. This vast space is perfect for hosting grand, unforgettable gatherings. Inside, the grand living areas continue to impress. The generous great room, with its custom marble fireplace, is the epitome of comfort and style. A formal dining area, complete with a convenient wet bar, enhances your entertaining experience. Behind the fireplace lies an inviting study, featuring custom built-ins and a screened lanai that invites you to take in the breathtaking views. The gourmet chef’s kitchen is designed for both function and beauty, with a large island, glass-walled breakfast nook, and a spacious walk-in pantry, making it ideal for both cooking and casual dining. Double doors from the foyer open into the private principal suite, a sanctuary of space and serenity. The bedroom is luxuriously appointed, with a door leading to the screened lanai, offering a perfect spot for morning coffee while overlooking nature’s beauty. A short hallway leads to a magnificent custom closet, followed by a stunningly remodeled principal bath. Here, you’ll find a large glass-enclosed shower, a raised platform soaking tub, and exquisite custom cabinetry and lighting. Two spacious en-suite guest bedrooms, each with beautifully renovated baths, offer luxurious accommodations for family or guests. The expansive terrace provides awe-inspiring views that seem to stretch on forever. Additional features include two assigned parking spaces, ample storage, and a newly reimagined pool and grilling area, set above the serene mangroves. Penthouse 1502 lives like a mansion in the sky, offering the ultimate in luxury living within the exclusive, gated community of Bay Colony. Residents enjoy access to the renowned Bay Colony Beach Club and the Ritz-Carlton, just next door. This extraordinary residence is a must-see – words can hardly do it justice. You won’t want to miss the opportunity to experience it firsthand.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Craft 617-320-8253,

    William Raveis Real Estate,

    Jeremy Poulos, PA 239-770-6640,

    William Raveis Real Estate

    Bought with:

    James Craft

    William Raveis Real Estate

    Mary Catherine White

    Downing Frye Realty Inc.

    Source: SWFLMLS,MLS#: 224095472MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Balcony, Den - Study, Guest Bath, Guest Room, Open Porch/Lanai, Screened Balcony, Screened Lanai/Porch
    Dining room
    • Features: Dining - Living, Eat-in Kitchen
    Kitchen
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator/Freezer, Refrigerator/Icemaker, Washer, Wine Cooler
    • Laundry: Laundry Tub
    Features
    • Built-In Cabinets, Closet Cabinets, Custom Mirrors, Exclusions, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet(s), Wet Bar, Window Coverings, Balcony, Den - Study, Guest Bath, Guest Room, Open Porch/Lanai, Screened Balcony, Screened Lanai/Porch
    • Flooring: Tile, Wood
    • Doors: Impact Resistant Doors
    • Windows: Window Coverings, Impact Resistant Windows, Shutters Electric
    • Has fireplace: No
    Interior area
    • Total structure area: 5,589
    • Total interior livable area: 3,699 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Circular Driveway, Under Bldg Closed, Attached
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Patio, Open Porch/Lanai, Screened Lanai/Porch
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf, Mangroves
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Bay
    • Frontage type: Bay/Harbor
    Lot
    • Features: Across From Waterfront
    Details
    • Parcel number: 59720000784

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Concrete Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Water: Central

    Community & HOA

    Community
    • Features: Fitness Center, Gated
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: MARQUESA AT BAY COLONY
    HOA
    • Has HOA: Yes
    • Amenities included: Beach - Private, Beach Access, Beach Club Included, Fitness Center, Storage, Guest Room, Trash Chute, Underground Utility
    • HOA fee: $70,365 annually
    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $1,500/sqft
    • Tax assessed value: $3,554,525
    • Annual tax amount: $31,009
    • Date on market: 12/12/2024
    • Lease term: Buyer Finance/Cash
    • Contingency: Inspection
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/28/2025Sold$5,550,000-7.4%$1,500/sqft
    Source: SWFLMLS #224095472 Report a problem
    1/11/2025Pending sale$5,995,000$1,621/sqft
    Source: SWFLMLS #224095472 Report a problem
    12/12/2024Listed for sale$5,995,000+46.2%$1,621/sqft
    Source: SWFLMLS #224095472 Report a problem
    5/21/2018Sold$4,100,000+110.3%$1,108/sqft
    Source: Public Record Report a problem
    8/30/1999Sold$1,950,000+293.9%$527/sqft
    Source: Public Record Report a problem
    9/4/1996Sold$495,000-60.4%$134/sqft
    Source: Public Record Report a problem
    12/7/1994Sold$1,250,000$338/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,643 +10.5%$3,554,525 +9.7%
    2024$32,270 +7.3%$3,238,920 +8%
    2023$30,074 +0.5%$2,998,925 +10%
    2022$29,912 +9.7%$2,726,295 +10%
    2021$27,273 +1%$2,478,450
    2020$27,000 -0.7%$2,478,450
    2019$27,203 +18.5%$2,478,450 +18.3%
    2018$22,947 -4.2%$2,094,280 +1.8%
    2017$23,963 +2.5%$2,057,150 +4.5%
    2016$23,376 +4.8%$1,967,890 +6%
    2015$22,315 +4.7%$1,856,500 +4.2%
    2014$21,317 +4.9%$1,782,240 +1.1%
    2013$20,315 -1.3%$1,763,675
    2012$20,584 +0.5%$1,763,675
    2011$20,472 -2.2%$1,763,675
    2010$20,924 +6.2%$1,763,675 -3.9%
    2009$19,711 $1,834,584
    2008$19,711 -7.3%$1,834,584
    2007$21,262 -7.2%$1,834,584 +3%
    2006$22,910 $1,781,150
    2005$22,910 -0.7%$1,781,150
    2004$23,075 +0.6%$1,781,150 +3%
    2003$22,927 +4.3%$1,729,272 +6%
    2002$21,991 -45.2%$1,631,389 +12%
    2001$40,107 +115.1%$1,456,598
    2000$18,650 --
    Find assessor info on the county website

    Neighborhood: Pelican Bay

    Nearby schools

    GreatSchools rating
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