2 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 226012552

$949,000

2 Bed Waterfront Home for Sale in Naples

406 La Peninsula Boulevard 406, Naples, FL, 34113

2 beds3 baths2,090 sqft1 garage
GatedBoatingFitness CenterClubhouseCommunity PoolWaterfront

About this home

Designer Renovation with Sweeping Marco River, Hideaway Beach & Gulf Views Wake up to sunlight dancing on the water and end your day watching dolphins and boats drift by. This completely renovated, turnkey furnished “Savoy” residence delivers panoramic southern views, refined finishes, and an effortless waterfront lifestyle in the gated La Peninsula community of Isles of Capri. With over $300,000 in designer upgrades, this 2-bedroom plus den, 3 full bathroom home has been fully remodeled to code and permitted, blending timeless style with modern comfort. Enjoy stunning water views from the 400 sq ft lanai, living room, primary suite, and even the primary bath. The chef’s kitchen features custom hand-painted Alpine cabinetry crafted from solid birch, soft-close doors and drawers, granite countertops, textured Spectrum glass doors, luxury appliances, and premium BRIZO and KOHLER fixtures. High-end finishes include Italian marble, hardwood flooring, frameless glass showers, impact windows and doors, premium shutters, and dimmable LED lighting throughout. Offered furnished with CARACOLE interiors and BROWN JORDAN outdoor furniture, this home is truly move-in ready. The lanai is a standout feature, offering the only remote-controlled retractable screen and shade awning in the community, creating a private, comfortable outdoor living space year-round. A full laundry room adds everyday convenience. The flexible layout includes two spacious bedrooms plus a den that easily functions as a third bedroom or office. Located in Building 400, the newest in La Peninsula (1995), this building has passed its Milestone Inspection, features a new roof (2019), and offers the most guest parking. A power surge protection system safeguards major appliances and systems. La Peninsula offers resort-style living with a waterfront pool and spa, fitness center, covered parking, and temperature-controlled storage. Recent upgrades include a saltwater pool conversion, resurfaced pool and spa, new outdoor furnishings, updated gym equipment, renovated clubhouse, refreshed landscaping, new lighting, Xfinity hotspots, enhanced security, and a newly completed perimeter fence making the community fully gated. Stroll the community’s half-mile waterfront promenade and enjoy daily encounters with dolphins, manatees, and Southwest Florida wildlife. Minimum 30 days rental, 4 times per year. Tucked between Naples and Marco Island, the Isles of Capri offer a relaxed coastal lifestyle with waterfront dining, boating, and quick access to beaches, shopping, and entertainment. This is more than a condo. It’s a waterfront lifestyle.

Property details

Type
Condominium
Year built
1995
Interior
2,090 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
133
Total association fees
$22,712/yr (~$1,893/mo)
CDD
None
Est. taxes (1.4%)
$13,286/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlReserveFundSewerSecurityTrash

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

Amenities

MarinaBikeStorageClubhouseFitnessCenterPoolSpaHotTubStorageSidewalksTrailsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$454/sqft
Comp median
$448/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
6000 Royal Marco Way 254May 2026$875,0002/21,924$455
2000 Royal Marco Way 407Aug 2026$960,0003/32,180$440
1079 Bald Eagle Drive N703Dec 2025$1,050,0002/21,995$526
1079 Bald Eagle Drive N301Aug 2025$975,0003/22,275$429
Average4 comps$965,000$463

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 $50,000 (5%) from the original list price.

May 9, 2026Price reducedfrom $999,000$949,000
Mar 23, 2026Listed$999,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1995 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$22,712/yr)
Location convenienceModerate
Hospital
12.9 mi
NCH Baker Hospital (Naples)
Beach
11.7 mi
Naples Pier / Beach
Airport
12.5 mi
Naples Airport
Shopping
13.4 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.