$1,099,000
2 Bed Waterfront Home for Sale in Naples
152 Pago Pago Drive, Naples, FL, 34113
About this home
Attention all boaters and fisherman! Enjoy the island lifestyle everyone dreams of from this charming waterfront home located on Marlin Bay. Imagine waking up to beautiful bay views and breathtaking sunrises, while you sip on your coffee and watch the dolphins try to catch their breakfast. Welcome to Isles of Capri, where Key West meets Mayberry. Listed for only lot value, this lovely home has been well maintained and ready for you to enjoy today or you can tear down and build the home of your dreams. Features include the highly desired Southern Exposure, two bedrooms, two bathrooms, a functional floor plan and a car port. Outback you will find a big backyard where you are guaranteed to see lots of birds, dolphins, manatees and other wildlife playing all day, everyday. You have plenty of room to build a pool, spa, Chickee hut, and/or outdoor kitchen, so let your imagination run wild. The roof was replace in 2021 and the vinyl seawall is brand new. If you need to have a boat lift for the 45’ offshore boat, next to the 28’ bay boat, you’re in luck! Marlin Bay is the only man-made bay on Isles of Capri, which allows you to build bigger docks and boat lifts, than anywhere else on the island. You will have no problems building the dock of your dreams. Fish off the dock, jump in a kayak or hop on the boat and explore the local beaches, the 10,000 islands and surrounding waters. Enjoy deep water with super quick, Direct Access to the Gulf of America. Great neighbors and a fantastic location make this Marlin Bay home the perfect escape. Isles of Capri is a sub-tropical island that boasts and abundance of wildlife, four great restaurants and three marinas. We are located one mile from Marco Island & about 20 minutes away from Downtown Naples with its sophisticated shopping & five star dining. Our area is famous for its white sand beaches, world class fishing, amazing boating and fantastic golfing. We are part of Rookery Bay Preserve which means no matter where you are, you will see lots of Dolphins, manatees and pelicans that live here and are always passing by or putting on a show. Being here is like having front row seats at Sea World. You never know what you will see and anything is possible. Capri is the perfect place to sit back, relax, unwind and let the sights, sounds and smells, soothe your mind, body and soul. Welcome to paradise!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1967
- Interior
- 1,418 sqft
- Lot size
- 7,840.8 sqft
- Acreage
- 0.18 acres
- Garage
- None
- Days on market
- 190
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $15,386/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Collier
Amenities
Based on the $/sqft of 4 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 601 La Peninsula Boulevard 601 | Jun 2026 | $1,000,000 | 2/2 | 1,440 | $694 |
| 850 Perrine Court | Mar 2026 | $1,200,000 | 3/2 | 1,233 | $973 |
| 815 Rose Court | Dec 2025 | $1,285,000 | 3/2 | 1,616 | $795 |
| 1230 Lilac Avenue | May 2026 | $1,125,000 | 3/2 | 1,610 | $699 |
| Average | 4 comps | $1,152,500 | $790 |
Market trends, Isles Of Capri
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $401,000 (26.7%) from the original list price.
| Nov 3, 2025 | Sold | $1,099,000 |
| Oct 16, 2025 | Price reducedfrom $1,199,000 | $1,099,000 |
| Apr 11, 2025 | Listed | $1,500,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1967 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
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.