3 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 226009740

$5,795,000

3 Bed Waterfront Home for Sale in Naples

8473 Bay Colony Drive 1602, Naples, FL, 34108

3 beds3 baths2,860 sqft2 garage
GatedPickleballTennisBeach AccessFitness CenterClubhouseCommunity PoolOn-site DiningBoatingWaterfront

About this home

This chic and sophisticated 16th-floor beachfront residence has been masterfully reimagined, offering nearly 2,900 square feet of refined coastal luxury. Sweeping panoramic views of the Gulf, pristine beaches, and the Bay create a breathtaking backdrop from nearly every vantage point. The thoughtfully designed floor plan seamlessly connects the kitchen and living areas, ideal for elegant entertaining and relaxed everyday living. The gourmet kitchen showcases high-gloss custom cabinetry, an expansive island with substantial waterfall-edge quartz countertops and premium stainless steel appliances. The residence features three generous bedrooms, each with its own en-suite bath. Two of the baths are enhanced by custom handmade panels by renowned artist Alex Turco, adding a distinctive design element. The third bedroom, spacious enough to comfortably accommodate two double beds, is appointed with exquisite Italian sliding cut-glass doors that beautifully elevate the space. Additional highlights include 9-foot ceilings, dramatic floor-to-ceiling walls of glass, and three private lanais ideally positioned to capture spectacular sunrises and mesmerizing sunsets. Two deeded parking spaces are also included. The Biltmore has undergone complete renovation and features an elegant lobby, a sophisticated social room with catering kitchen, billiards, a well-appointed fitness center and an exceptional outdoor oasis featuring a heated pool and spa, fire pit and barbecue grills.

Property details

Type
Condominium
Year built
1997
Interior
2,860 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
133
Total association fees
$51,274/yr (~$4,273/mo)
CDD
None
Est. taxes (1.4%)
$81,130/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundRoadMaintenanceSewerStreetLightsWater

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

Amenities

BeachRightsBilliardRoomBilliardsBikeStorageClubhouseConciergeFitnessCenterGuestSuitesPickleballPrivateMembershipPoolRestaurantSpaHotTubStorageSidewalksTennisCourtsTrailsTrashManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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
8473 Bay Colony Drive 2002Dec 2025$5,800,0003/32,860$2,028
Average1 comps$5,800,000$2,028

Market trends, Biltmore At Bay Colony

Median list
$5,795,000
Median $/sqft
$1,842
Median sold (90d)
$4,350,000
Avg days on market
155
Active listings
3
Median sold price · Biltmore At Bay Colony
$4,350,000last 3 monthsnot enough sold data to compare

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

Price & status history

Down $200,000 (3.3%) from the original list price.

Apr 30, 2026Price reducedfrom $5,995,000$5,795,000
Mar 6, 2026Listed$5,995,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • 2-car garage
Consider
  • Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$51,274/yr)
Location convenienceHigh
Hospital
6.5 mi
NCH Baker Hospital (Naples)
Beach
0.8 mi
Vanderbilt Beach (Naples)
Airport
7.1 mi
Naples Airport
Shopping
1.3 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.