1 Bed Waterfront Home for Sale in Lago Mar
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For SaleMLS# 225024696

$355,000

1 Bed Waterfront Home for Sale in Lago Mar

1550 Gulf Shore Boulevard W2, Naples, FL, 34102

1 beds1 baths817 sqft
Beach AccessWaterfront

About this home

Perfectly priced this condo combines affordability with an unbeatable beach lifestyle. Coastal living at its finest in this 2nd-floor, 1-bedroom end-unit condo, ideally situated on Gulf Shore Blvd’s Miracle Mile in Naples—voted the best place to live! Steps from Lowdermilk Beach Park, this light-filled gem offers stunning sunset views and refreshing Gulf breezes from your private balcony. Enjoy beach views plus easy access to the pristine sandy beach just across the street. This condo includes a utility/storage room with washer and dryer, adding convenience to charm. Part of a quaint 16-unit complex, this property boasts an abundance of natural light and a prime location. Bike to the upscale dining, boutiques, and galleries of 5th Avenue South and Third Street South, or explore nearby Venetian Village and Waterside Shops. Relax by the water or fish off the community dock—everything Naples has to offer is at your fingertips. Don’t miss your chance to own a slice of paradise in one of Naples’ most sought-after locations!

Property details

Type
Condominium
Year built
1963
Interior
817 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
390
Total association fees
$12,000/yr (~$1,000/mo)
CDD
None
Est. taxes (1.4%)
$4,970/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingPestControlReserveFundSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBikeStorageBarbecuePicnicAreaPierStorageSidewalksTrailsBeachAccessManagement
Above marketThis home is priced above comparable recent sales.
This home
$435/sqft
Comp median
$345/sqft
Difference
+26%

Based on the $/sqft of 17 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1300 Gulf Shore Boulevard 507May 2026$350,0002/2850$412
750 Mooring Line Drive 105Aug 2026$288,0002/2843$342
72 7th Street 309Feb 2026$405,0002/1840$482
766 CENTRAL AVE. 113Apr 2026$300,0002/2855$351
3150 Binnacle Drive 109Nov 2025$300,0002/21,000$300
3150 Binnacle Drive 214Jun 2026$270,0002/21,000$270
Average6 comps$318,833$360

Market trends, Naples

Median list
$677,000
Median $/sqft
$367
Median sold (90d)
$605,000
Avg days on market
112
Active listings
3,977
Median sold price · Naples
$605,000last 3 months3.2% vs $625,000 prior 3 months
Median closed price by month · Naples
1.7% MoM4.2% YoY
$530k$600k$670kJul ’25Aug ’26
$590,000Aug ’26 · 469 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $70,000 (16.5%) from the original list price.

Mar 2, 2026Price reducedfrom $379,900$355,000
Mar 7, 2025Listed$425,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1963 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$12,000/yr)
Location convenienceHigh
Hospital
1 mi
NCH Baker Hospital (Naples)
Beach
2.3 mi
Naples Pier / Beach
Airport
2.2 mi
Naples Airport
Shopping
1.2 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.