3 Bed Condominium for Sale in Naples, FL, $3,295,000
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SoldMLS# 226009048

$3,295,000

3 Bed Condominium for Sale in Naples, FL, $3,295,000

8930 Bay Colony Drive 703, Naples, FL, 34108

3 beds3 baths2,600 sqft2 garage
GatedPickleballBeach AccessFitness CenterClubhouseCommunity Pool

About this home

Seamless, Sophisticated and Sunset-driven. Welcome to Salerno 703, a designer remodeled three-bedroom, three-bath residence in the prestigious gated enclave of Bay Colony. Western exposure bathes this home in golden afternoon light and captures breathtaking sunsets over the Gulf, a dynamic backdrop that transforms from day to night. Thoughtfully reimagined for today’s modern coastal lifestyle, the Wall between the kitchen and living room has been removed to create a Grand open-concept Great room where architecture disappears and the views take center stage. At its center, an exquisite marble peninsula anchors the space creating a stunning focal point and natural gathering place. Generous in scale, it offers ample seating for casual dining or elegant entertaining and provides additional storage and convenient Sub-Zero refrigerator drawers. Best-in-class Kitchen Appliances, Wolf, Sub-Zero and Miele offer culinary performance while showcasing sleek contemporary design and are highlighted by beautiful custom crafted cabinetry by Downsview. The spacious primary suite is a private retreat, while two additional guest bedrooms and full baths provide comfort and privacy for family and friends. The Salerno boasts a fully updated lobby level—an elegant transformation that sets a new standard for refined living. A professionally staffed concierge greets you upon arrival, while the beautifully designed social lounge invites connection and relaxation. You will enjoy a state-of-the-art fitness center, a resort style outdoor pool and dining area and the added benefit of well-appointed guest suites. Beyond the residence, Bay Colony offers a lifestyle reserved for the fortunate few with private beach access and attended service, a tennis center, an exclusive beach club and restaurant and beautifully maintained grounds. As a homeowner, you will further enjoy all the amenities of Pelican Bay, Southwest Florida’s most desired beachfront community.

Property details

Type
Condominium
Year built
2000
Interior
2,600 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
91
Total association fees
$49,409/yr (~$4,117/mo)
CDD
None
Est. taxes (1.4%)
$46,130/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

InternetLegalAccountingMaintenanceGroundsRoadMaintenanceStreetLightsTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessBikeStorageClubhouseFitnessCenterBarbecuePicnicAreaPickleballPrivateMembershipPoolStorageSidewalksTrailsTrashManagement
Above marketThis home is priced above comparable recent sales.
This home
$1,267/sqft
Comp median
$1,010/sqft
Difference
+25%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
8930 Bay Colony Drive 902Aug 2026$2,650,0003/32,600$1,019
8960 Bay Colony Drive 502Feb 2026$3,400,0003/32,520$1,349
7897 Cocobay DriveJul 2026$2,500,0002/32,695$928
7117 Pelican Bay Boulevard 1801Nov 2025$2,500,0003/32,500$1,000
Average4 comps$2,762,500$1,074

Market trends — Naples

Median list
$679,900
Median $/sqft
$369
Median sold (90d)
$610,000
Avg days on market
110
Active listings
4,094
Median sold price · Naples
$608,050last 3 months4.2% vs $635,000 prior 3 months
Median closed price by month · Naples
13.8% MoM13.9% YoY
$530k$599k$668kJul ’25Aug ’26
$530,000Aug ’26 · 57 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $188,000 (5.7%) from the original list price.

Jul 28, 2026Sold$3,107,000
Feb 27, 2026Listed$3,295,000

The good, the trade-offs & the location

Pros
  • 2-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$49,409/yr)
Location convenienceHigh
Hospital
6.6 mi
NCH Baker Hospital (Naples)
Beach
0.7 mi
Vanderbilt Beach (Naples)
Airport
7.2 mi
Naples Airport
Shopping
1.1 mi
Mercato (Naples)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.