7613 BAY COLONY Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 15, 2023 | Listed by Compass Florida LLC | $26,000,000 | |
| Listed by Compass Florida LLC | |||
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An exceptionally rare opportunity awaits the discerning buyer seeking a beachfront paradise in Naples, Florida. Embraced by the prestigious and secluded Strand at Bay Colony, this hidden gem offers an unparalleled level of privacy. Prepare to be captivated by the sweeping vistas of the tranquil Gulf of Mexico, perfectly showcased from this one-of-a-kind .98-acre beachfront property. What sets it apart from other Naples beachfront properties is the absence of public beach access, ensuring an exclusive haven just steps away from your doorstep. Treat your loved ones to a beachfront culinary experience at the nearby club, mere moments away along the sandy shoreline. For sports enthusiasts, world-class tennis courts await spirited matches. As an added bonus, indulge in private access to the esteemed Ritz Carlton nearby, further elevating your luxury lifestyle.
Property sustained hurricane Ian damage on the first floor (garages and storage) and the pool deck.
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| Feb 16, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| Jun 27, 2018 | Listed | $23,500,000 | |
| Listed | |||
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Among the unsurpassed beauty of the The Strand and the sugar sand beaches of Bay Colony sits The Castle by the Sea. Steps from all the amenities of the private Bay Colony Beach Club and the Ritz Carlton Beach resort, this homes offers all the best that Naples has to offer. Exclusively set among 12 private residences, this private, secure home and gated community sit directly on the Gulf of Mexico. This four story estate has all the exquisite finishes and amazing views to match from every level in this home. With endless views out and over the infinity edge pool, your views will never disappoint. Classic architecture, a large gourmet kitchen, wine cellar, and endless outdoor and entertaining spaces. The garage accommodates parking for five vehicles with ample storage for water toys as well! Come see the best that Naples, Pelican Bay and Bay Colony Beach has to offer, your endless sunsets await! The manager has listed the unit size as 12505 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017