$625,000
2 Bed 2 Bath Waterfront Condominium for Sale in LAUREL OAKS AT PELICAN BAY, FL
853 Tanbark Drive 103, Naples, FL, 34108
About this home
Perhaps one of the BEST INVESTMENT OPPORTUNITIES in Pelican Bay. Or, the perfect entry point for FIRST TIME Buyers. Newly painted first-floor unit with tasteful updating, including kitchen cabinetry and appliances. Both bathrooms have also been freshened. In addition, wood flooring highlights the living area. The screened lanai offers a tranquil landscape and water view. TURN-KEY FURNISHED, TOO. Pelican Bay is Naples' premiere Residential community, with private beach and a myriad of cultural and community activities. Located adjacent to luxury shopping and one of Florida's top performing arts centers. Experience resort-style living in the heart of Naples.
Property details
- Type
- Condominium
- Year built
- 1991
- Interior
- 1,203 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 446
- Total association fees
- $12,179/yr (~$1,015/mo)
- CDD
- None
- Est. taxes (1.4%)
- $8,750/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 871 Tanbark Drive 102 | Oct 2025 | $630,000 | 2/2 | 1,203 | $524 |
| 832 Tanbark Drive 105 | Jun 2026 | $645,000 | 2/2 | 1,314 | $491 |
| 832 Tanbark Drive 204 | Nov 2025 | $685,000 | 2/2 | 1,203 | $569 |
| 886 Tanbark Drive 103 | Oct 2025 | $640,000 | 2/2 | 1,203 | $532 |
| Average | 4 comps | $650,000 | $529 |
Market trends — Naples
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 $165,000 (22.9%) from the original list price.
| Jun 9, 2026 | Sold | $555,000 |
| Jan 27, 2026 | Price reducedfrom $649,900 | $625,000 |
| Feb 19, 2025 | Listed | $720,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$12,179/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.