Naples Bay Resort Residence #322

Naples Bay Resort

Summary Proposal

June, 2011 Opportunity awaits in Naples, Florida…with its pristine beaches and delightful restaurants and shops. Naples is also known as a sportsman’s paradise with fishing, boating, golf, tennis, cycling and kayaking to name a few. Maybe you’re too busy to fully retire but would enjoy having a part-time place for family, friends or clients? What better way than to share an upscale waterfront property!

Included in the following pages you will find introductory information on Naples Bay Resort Yacht and Racquet Club. Simply said, a luxury waterfront resort in downtown Naples, highly amenitized, two bedroom, full kitchen condominium / hotel is being offered to four individuals or families for the initial cost of only $132,500 each. This entitles you to a one-fourth share, receiving thirteen weeks of use per year!

For those interested, a free weekend of the resort is being offered. Please call Mitch Williams at 239-370-8879 to coordinate your visit…

Thank you for your consideration and interest! We look forward to hearing from you.

Sincerely, Mitch and Sandi Williams Broker Associate / Sales Associate, GRI John R. Wood Realtors 800 5th Avenue South, Suite 200 Naples, FL 34102 Mobile: 239-370-8879 / 239-641-4232 T-fax: 239-298-5338 E-mail: M.SWms@johnrwood.com

www.JohnRWood.com Old Naples Office • 800 5th Avenue South, Suite 200 • Naples, Florida 34102 • 239.434.0101 • 800.633.7161 • FAX 239.434.0141

Naples Bay Resort

The Proposal

NAPLES BAY RESORT YACHT & RACQUET CLUB: A PRIVATE PLACEMENT Naples Bay Resort Yacht & Racquet Club offers amenities surpassed by no other resort on the Gulf Coast! Club membership will include use of the 15,000 sq. ft. clubhouse with its state-of-the-art fitness center, fully equipped locker rooms, steam and sauna facilities, fully staffed spa, massage rooms plus fitness coordinators. The pool area offers limitless funin-the-sun for people of all ages. Along with the 5,000 sq. ft. resort pool there is a separate kids’ pool, a lap pool, a tropical walk-thru waterfall and a lazy river. Step out of the pool to be surrounded by tropical foliage, a beautiful sun deck, poolside cabanas as well as pool side dining and libations at the Blue Water Bar and Grill.

Tennis activities for children & adults are plentiful. The tennis center features 6 Har-Tru lighted courts, on-site tennis professionals and a tennis pro shop. Additionally, several championship golf courses have reciprocity and can be arranged by the concierge. Nature tours plus kayaking in the 10,000 Islands are offered for the adventurous family. The beach is a short distance either by shuttle, cycling or a fitness-walk. Boats are available for half or all day usage. Private captains will tour your family around Port Royal, Marco or Keewaydin Islands or go fishing!

The Yacht Club boasts a Bay front pool, a Club Room with members’ only lounge and waterfront bar, the Captain’s Room complete with laundry facilities, men’s and women’s locker rooms, an internet hot spot and satellite weather service! At The Marina are ninety-seven boat slips (some of which are for sale or lease), charter boat services, food, fuel, and a dock master. In addition, Porte’ Cochere valet parking, the option of hotel room service, the services of an on-staff concierge and the image becomes complete. Click on the links below and allow your imagination to become reality!

Naples Bay Resort Links

View NaplesBayResort.com View Naples Bay Resort Amenities View Residence #322

NAPLES BAY RESORT YACHT and RACQUET CLUB A PRIVATE PLACEMENT (continued) Four individuals or families are being offered a unique opportunity to purchase a downtown luxury hotel condominium on Naples Bay for a 1/4 share or thirteen weeks of ownership and usage.

This is not a fractional ownership nor is it a timeshare. A corporation L.L.C. will be formed with four equal share holders. Usage will be assigned based on prime season (January thru April), shoulder months (November, December, and May) and off peak (remaining months).

Any time that weeks are not being used can be put into the hotel rental program to earn money. All four shares must be funded before the corporation is formed. Resales will be handled by the individual shareholder.

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Original purchase cost fully furnished in 2008: $770,000 Now asking $500,000 or ¼ fractional share of $125,000 + $7,500 club initiation fee = $132,500

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Average rental per night ranges from $225 off peak, $265 shoulder months & $395 in peak season

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Membership dues and fees described below will be shared equally:

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Quarterly condo fees of $5,054 or $5,054 per share annually

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Quarterly amenities fee of $692 or $692 per share annually

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Annual real estate taxes are $4,019 for 2010 or $1,005 per share

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Average monthly electric bill is $145 or $435 per year per share

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Therefore total cost is $7,186 per share annually divided by 13 weeks or $552 per week.

Naples Bay Resort

The Property

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Let’s Locate It. 1. Tennis Center/Pro Shop 2. Jungle Gym 3. The Clubhouse The Fitness Center The Spa 4. Cypress Room 5. BlueWater Bar & Grill 6. Resort & Adult Pool, Lap Pool, Lazy River & Jacuzzi 7. The Cottages

3rd floor, end-condo Balcony with Marina Views

8. The Hotel & Lobby, Leeward Room, Windward Room 9. Olio Restaurant & Bar 10. Compass Rose Room 11. Yacht Club 12. The Hotel Pool 13. Ships Store 14. Marina Naples Bay Resort 1500 5th Avenue South, Naples FL 34102 (239) 530-1199 (866) 605-1199 Fax (239) 436-8024 www.NaplesBayResort.com

Naples Bay Resort

The Condominium

Information deemed reliable but not guaranteed. All dimensions are approximate.

Living-Dining Room

Master Bedroom

Master Bath

Second Bedroom

Kitchen

Balcony

Naples Bay Resort

The Club Amenities

The Resort Pool

Fitness Center

Spa

Naples Bay Resort

The Yacht Club

Mitch and Sandi Williams

Broker Associate, Eco Broker Certified / Sales Associate, GRI MITCH: 239.370.8879 / SANDI: 239.641.4232 John R. Wood REALTORS m.swms@johnrwood.com

Creating Southwest Florida Lifestyles The Williams’ objective is to assist astute buyers and sellers in understanding and maximizing their sale and purchase of real estate! Mitch has over 27 years of real estate experience & Sandra has 23 years experience, in Southwest Florida.

Mitch’s real estate experience originates in International Real Estate investment.

He worked for WCI Communities winning several top producer and sales leader awards for developments including Pelican Marsh and Tarpon Cove. He graduated from Marshall University with a degree in accounting. Mitch earned the Certified New Home Sales Professional (CSP) designation, is a former CPA and has credentials in investment securities. In 2007, he earned the Eco Broker Certified® designation, a training program on energy and environmental issues that affect real estate transactions.

Sandra began a career in Naples residential real estate in 1988. Originally from Michigan, she has been a Naples resident in sales and sales management since 1976. Sandra attended Edison College studying business management and has earned the Graduate Realtor Institute (GRI) designation.

Mitch and Sandra have two teen-age children and all enjoy boating, fishing, golf and the beach. Mitch and Sandi have successfully helped a long list of families and friends (references available) create their own Southwest Florida Lifestyles...