Open House Sat, Sep 26th 12:00 PM - 2:00 PM - Waterfront - New Construction
Address
1165 8th St S # #302, Naples, FL
Price
$ 7,695,000
Property Attributes
  • MLS#226028046
  • TypeCondos
  • Listing Status Active
  • CountyCOLLIER
  • CityNaples
  • AreaNA06 - Olde Naples Area Golf Dr to 14th Ave S
  • NeighborhoodVELA BAY
  • Zip34102
  • StyleContemporary,Low Rise (1-3)
  • Year Built2024
  • Taxes$ 853
  • Price$ 7,695,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4378
Data Source:
Naples Area BOR (NABOR)
Property Description

Introducing Vela Bay, an intimate collection of four contemporary waterfront residences overlooking Naples Bay in the heart of Olde Naples. Designed for refined coastal living, each residence offers more than 4,300 square feet with 4 bedrooms, 4.5 baths, 2-3 car private garages and a thoughtfully planned layout that transitions effortlessly from quiet mornings to evenings spent entertaining. A boutique lobby creates an elegant sense of arrival before opening into light-filled private residences framed by floor-to-ceiling glass. Expansive bay views provide a captivating backdrop throughout the main living areas, while generous terraces embrace the waterfront setting. At the heart of the home, an open-concept great room with a sleek linear gas fireplace offers a sophisticated yet comfortable gathering space. Thoughtfully designed for luxurious everyday living and effortless entertaining, the gourmet kitchen features European cabinetry, premium appliances, built-in refrigerator and freezer columns, a six-burner gas range, quartz countertops, and a 12-foot island. A butler’s pantry with a built-in coffee system, custom wet bar, and a passive wine room complete the elevated entertaining experience. The owner’s suite is a serene retreat with direct terrace access and a spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, dual vanities, and designer finishes. A versatile first-floor flex space can be tailored as a private office, fitness studio, media room, or wellness retreat. Above it all, the rooftop deck awaits with a stunning pool, outdoor kitchen, and inviting lounge areas, all offering 360-degree panoramic views of Naples Bay, the Gulf skyline, and evening sunsets. Ideally situated near the celebrated dining, shopping, and entertainment of 5th Avenue South and 3rd Street South, Vela Bay also offers convenient access to Naples’ white-sand beaches, Naples Airport, and Southwest Florida International Airport. Construction of Phase II is scheduled to begin in fall 2026 and is planned to introduce four additional residences, with pricing starting just under $10 million. With a limited collection of homes, Vela Bay offers a distinctive opportunity to experience contemporary waterfront living in the heart of Olde Naples.

Elementary School Middle School High School
Lake Park Elementary Gulfview Middle School Naples High School
Price History
8/4/2026 Listed $7,695,000

General Features

Heating Central Electric
Cooling Ceiling Fan(s),Central Electric,Humidistat,Whole House Fan
Roof Built-Up
Appliances Gas Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Grill - Gas,Microwave,Range,Refrigerator/Freezer,Self Cleaning Oven,Walk-In Cooler,Washer,Wine Cooler
HOA Fee 32000
Garage Spaces 3
Gas Y/N Propane
Patio/Porch Features Deck
Architectural Style Contemporary,Low Rise (1-3)
Pool Features Community
Security Features Smoke Detector(s),Fire Sprinkler System
Construction Materials Concrete Block,Stucco
Pets Allowed With Approval
Year Built 2024
View Bay,City,Landscaped Area,Parking Lot,Water
Levels 1
Unit Number #302
Property Subtype Low Rise (1-3)
Tax Year 2025
Waterfront Features Bay
Community Features Pool,Sidewalks,Street Lights
County Collier
New Construction Yes
Property Type Residential
Association Amenities Pool,Concierge,Storage,Internet Access,Sidewalk,Streetlight
HOA No
Attached Garage Yes
Subdivision Name VELA BAY
Garage Y/N Yes
Building Features DSL/Cable Available
Other Structures Outdoor Kitchen
Full Baths 4
Status Active
High School NAPLES HIGH SCHOOL
City NAPLES
Senior Community Y/N No
Number Of Units Total 4
MLS Area OLDE NAPLES
Lot Size Units Acres
Carport Y/N No
Elementary School LAKE PARK ELEMENTARY
Land Lease Y/N No
Tax Annual Amount 853.32
Middle/Junior High School GULFVIEW MIDDLE SCHOOL
Ok to Lease Buyer Finance/Cash
Additional Parcels Y/N No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://tour.realtoursswfl.com/sites/rdvwxbzo/unbranded
Legal Description OLD COVE,THE A CONDOMINIUM 2ND ADD UNIT 8C-5

Interior Features

Interior Amenities Bar,Built-In Cabinets,Closet Cabinets,Custom Mirrors,Fire Sprinkler,Fireplace,Foyer,Laundry Tub,Pantry,Smoke Detectors,Wired for Sound,Volume Ceiling,Walk-In Closet(s),Wet Bar
Flooring Tile,Wood
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Laundry Features Laundry in Residence,Laundry Tub
Total Bedrooms 4
Total Baths 5
RoomBedroomFeatures Split Bedrooms
Dining Room Features Breakfast Bar,Dining - Living

Exterior Features

Exterior Amenities Open Porch/Lanai,Built In Grill,Outdoor Kitchen
Parking Features Deeded,Driveway Paved,Guest,Paved,Under Bldg Closed,Attached
Lot Features Zero Lot Line
Water Source Central
Total Parking 3
Foundation Details Concrete Block
Park Name OLDE NAPLES
Spa No
Building Area Total 4858
Road Surface Type Paved
Frontage Type Bay/Harbor
Waterfront Y/N Yes
Covered Spaces 3
Other Equipment Generator
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34102

Price
AVG $3.16M
$7.7M
Taxes
AVG $7,333
$853
Year Built
AVG 1994
2024
Visits
AVG 162
26
Data Provided by Inside Real Estate®

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