2 Bed Waterfront Home for Sale in St Nicole
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For SaleMLS# 226010552

$1,595,000

2 Bed Waterfront Home for Sale in St Nicole

5550 Heron Point Drive 1604, Naples, FL, 34108

2 beds2 baths1,514 sqft
GatedPickleballBeach AccessFitness CenterClubhouseCommunity PoolOn-site DiningWaterfront

About this home

This turnkey two-bedroom + den, two-bath residence on the 16th floor of St. Nicole in Pelican Bay. Refined coastal living meets one of Naples’ amenity-rich beachfront communities, with this rare south-end residence capturing extraordinary 270-degree vistas, a distinctive feature not found in many end residences, offering sweeping views of Clam Pass, the Gulf and the Pelican Bay landscape. Elegantly updated and filled with natural light, the residence is designed for effortless living. The enclosed lanai adds approximately 155 square feet of interior living space, creating an ideal setting to enjoy western sunsets. The flexible floor plan allows the den to be easily converted back to a third bedroom if desired. Interior highlights include three custom California walk-in closets, advanced window treatments, custom motorized solar shades, designer louver shutters in the bedrooms and expansive floor-to-ceiling mirrors that enhance light and space throughout the residence. Additional features include an in-residence washer and dryer, additional storage and thoughtful finishes throughout. St. Nicole is an intimate enclave of only 97 residences on the desirable southern end of Pelican Bay, offering a private callbox for secured tram access near the building. Residents enjoy private beachfront access with chair and umbrella service, two beachfront dining venues, tennis, pickleball, fitness and wellness facilities, sailing, kayaking and miles of scenic nature trails. Undergoing comprehensive building enhancements, St. Nicole continues to elevate its design and amenities within Pelican Bay’s coastal lifestyle.

Property details

Type
Condominium
Year built
1991
Interior
1,514 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
169
Total association fees
$23,300/yr (~$1,942/mo)
CDD
None
Est. taxes (1.4%)
$22,330/yr
Flood zone (area est.)
No · Low risk (X)
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
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundSewerStreetLightsSecurityWater

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

Amenities

BeachRightsBeachAccessBilliardRoomBilliardsBikeStorageBusinessCenterClubhouseFitnessCenterGuestSuitesBarbecuePicnicAreaPickleballParkPoolRestaurantSpaHotTubStorageSidewalksTrails

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$1,054/sqft
Comp median
$1,070/sqft
Difference
-1%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
539 Bay Villas LaneJun 2026$1,549,0002/21,545$1,003
541 Bay Villas LaneDec 2025$1,750,0003/21,705$1,026
50 Seagate Drive 201BSep 2025$1,500,0003/21,346$1,114
40 Seagate Drive 1204AJan 2026$1,700,0003/21,445$1,176
Average4 comps$1,624,750$1,080

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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$23,300/yr)
Location convenienceHigh
Hospital
4.2 mi
NCH Baker Hospital (Naples)
Beach
3.1 mi
Vanderbilt Beach (Naples)
Airport
4.9 mi
Naples Airport
Shopping
3.2 mi
Mercato (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.