$999,000
2 Bed 2 Bath Waterfront Condominium for Sale in ST TROPEZ, FL
5501 Heron Point Drive 602, Naples, FL, 34108
About this home
St. Tropez at Pelican Bay — Now Offered with a $100,000 Price Reduction! Wake each morning to sweeping panoramic views of Clam Pass and the shimmering Gulf beyond. This beautifully renovated two-bedroom plus den residence offers a front-row seat to Naples’ most captivating coastal scenery — and is now an even more compelling opportunity with a significant $100,000 price improvement. Finished with high-end details and designer furnishings, the home embodies refined coastal chic elegance. The reimagined kitchen serves as a welcoming focal point, ideal for entertaining or relaxed evenings at home, while the versatile den provides the perfect space for a home office or additional guest accommodations. A private beach tram provides effortless access to three miles of pristine white-sand beach. Pelican Bay residents enjoy exclusive access to two private beachfront clubs with chair and umbrella service, beachfront dining and bars, along with kayaks, sailboats, tennis, pickleball, and a staffed fitness center. St. Tropez features full-time on-site management, guest suites, assigned parking, climate-controlled storage, and a sunny poolside terrace with grills. Just minutes from Waterside Shops, this residence presents an exceptional value and rare opportunity to enjoy coastal living in one of Naples’ most prestigious communities.
Property details
- Type
- Condominium
- Year built
- 1988
- Interior
- 1,289 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 36
- Total association fees
- $22,671/yr (~$1,889/mo)
- CDD
- None
- Est. taxes (1.4%)
- $13,986/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 5 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 |
|---|---|---|---|---|---|
| 4751 Gulf Shore Boulevard PH-03 | Jun 2026 | $1,050,000 | 2/2 | 1,252 | $839 |
| 4751 Gulf Shore Boulevard 702 | Mar 2026 | $850,000 | 2/2 | 1,424 | $597 |
| 6101 Pelican Bay Boulevard 1404 | May 2026 | $1,000,000 | 2/2 | 1,452 | $689 |
| 6101 Pelican Bay Boulevard 1405 | Dec 2025 | $1,100,000 | 2/2 | 1,452 | $758 |
| 6101 Pelican Bay Boulevard 1402 | Sep 2025 | $1,050,000 | 2/2 | 1,337 | $785 |
| Average | 5 comps | $1,010,000 | $734 |
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 $159,000 (14.5%) from the original list price.
| May 15, 2026 | Sold | $940,000 |
| Feb 27, 2026 | Price reducedfrom $1,099,000 | $999,000 |
| Feb 14, 2026 | Listed | $1,099,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$22,671/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.