The Carlysle at Bay Colony
Second beachfront tower built in Bay Colony (delivered 1992 by WCI): 20 stories, 75 residences, four units per floor with wrap-around terraces.
This overview summarizes verified facts and, where validated, market indicators for The Carlysle. The building analysis is summarized below.
| Type | Gulf-front tower |
|---|---|
| Address | 8171 Bay Colony Drive, Naples, FL 34108 |
| Year built | 1992 |
| Residences | 75 |
| Floors | 20 |
| Typical living area | 2,635–3,274 sq ft typical; two penthouses ~5,646 sq ft |
Facts compiled from public records, association materials and listing data. Verify in the association documents before relying on any figure.
Market indicators
Data through October 1, 2026 · closed sales only · Methodology
89 closed sales since 1997. Over the trailing 24 months: median $1,605/SF on 8 sales (36-month view: $1,728/SF on 10). Closings averaged about 92% of final list and 87% of original list price. Median 158 cumulative days on market. Long-run $/SF trend of roughly 4.3% per year since 1997.
Data through October 1, 2026. Trailing windows end on the data date and use closed sales only. Typical residences: living area <= 1.5x building median. Months of supply = active listings / (prior-12-month sales / 12). Days on market is the median cumulative days on market (CDOM), which carries across relistings. Floor premium from OLS regression of $/SF on sale date, floor and living area, published only when positive and statistically distinguishable. Annual medians in years with one or two sales are noisy.
The Carlysle: median price per square foot by year
The Carlysle, annual median closed-sale $/SF, 1998–2026 (89 closed sales analyzed; years with one or two sales are noisy; years with no sales are skipped). Dashed line: log-linear trend, ≈4.3%/yr. Data through October 1, 2026. Not an appraisal.
Show the data behind this chart
| Year | Median $/SF | Sales |
|---|---|---|
| 1998 | $463 | 3 |
| 1999 | $458 | 5 |
| 2000 | $641 | 7 |
| 2001 | $720 | 2 |
| 2002 | $745 | 6 |
| 2003 | $769 | 3 |
| 2004 | $710 | 5 |
| 2005 | $761 | 8 |
| 2006 | $777 | 6 |
| 2008 | $788 | 2 |
| 2009 | $781 | 2 |
| 2010 | $786 | 3 |
| 2011 | $785 | 1 |
| 2012 | $759 | 3 |
| 2013 | $1,127 | 1 |
| 2014 | $1,016 | 2 |
| 2015 | $1,233 | 2 |
| 2016 | $1,112 | 2 |
| 2018 | $1,238 | 2 |
| 2020 | $1,031 | 4 |
| 2021 | $1,387 | 4 |
| 2022 | $1,968 | 4 |
| 2023 | $1,843 | 1 |
| 2024 | $1,829 | 2 |
| 2025 | $1,667 | 4 |
| 2026 | $1,498 | 3 |
What buyers and owners should know about The Carlysle
- Position over floor: four residences per floor with wrap-around terraces, so corner position and terrace exposure drive more of the price spread than floor alone.
- Tight supply: no active listings at the October 2026 data date after four closings in the prior twelve months. The trailing 24-month median is $1,605/SF on eight sales, with closings at about 92% of final list price.
- Prices have eased from the peak: annual medians moved from roughly $1,970/SF in 2022 to about $1,500/SF in 2026 (three sales so far) — small samples, but a consistent direction worth knowing before pricing.
- Penthouses trade separately: the two penthouses of about 5,646 sq ft are a different product — exclude them when reading typical-residence pricing.
- Second beachfront tower built (1992): request the capital-improvement history, milestone inspection report and structural integrity reserve study.
Derived from the sourced facts above and validated sales data. Verify in the association documents before relying on any item.
Galen Gonzalez, REALTOR®
Galen Gonzalez provides data-driven buyer and seller representation across Bay Colony, Pelican Bay, and Naples beachfront condominiums. His research combines building-level sales history, current market conditions, and residence-specific positioning.
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