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
In The Neighborhood
Naples
$ 5,995,000
- Type
- Condos
- Size
- 4,371 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Naples
$ 6,795,000
- Type
- Condos
- Size
- 4,378 SqFt
- Rooms
- 4 Beds + 4.5 Baths
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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