2 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 226022941

$1,499,777

2 Bed Waterfront Home for Sale in Naples

10420 Gulf Shore Drive 161, Naples, FL, 34108

2 beds2 baths1,516 sqft
GatedPickleballTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

This exceptional residence offers an unparalleled opportunity, providing breathtaking views of the Bay and Gulf from its opulent top floor. Additionally, you will enjoy exclusive beach access. The penthouse’s top floor boasts an expansive primary bedroom with Gulf vistas, complemented by another bedroom overlooking the bay and city lights. This meticulously renovated home features exquisite design and premium materials. All the latest high-end appliances and products are included. Situated in the heart of Vanderbilt Beach, this residence offers unparalleled convenience for accessing the Gulf and beach, providing stunning views and a vibrant culinary scene with renowned restaurants and the LaPlaya Beach and spa resort just across the street. It is the ideal destination for a tropical getaway or a lucrative investment. When available, beach suites and boat slips are also available on the bay side of the building. Here are some of the upgraded features and details that will enhance your experience: * 250 feet to private beach * The most exceptional golf views from the master bedroom lanai, featuring water views throughout and a tiled lanai * Completely renovated hurricane impact windows * A new air conditioning unit on the top floor * A new full condo water filter * Wood flooring throughout * A custom closet in the master bedroom * A built-in California closet queen Murphy bed system with storage and a desk * All solid wood doors * North Naples location

Property details

Type
Condominium
Year built
1980
Interior
1,516 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
55
Total association fees
$22,200/yr (~$1,850/mo)
CDD
None
Est. taxes (1.4%)
$20,997/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceStreetLightsTrash

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

Amenities

BeachRightsBeachAccessPickleballPoolSidewalksTennisCourtsManagement
Above marketThis home is priced above comparable recent sales.
This home
$989/sqft
Comp median
$889/sqft
Difference
+11%

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
10475 Gulf Shore Drive 145May 2026$1,732,0003/21,594$1,087
9715 Gulf Shore Drive 301Feb 2026$1,420,0002/21,505$944
542 104th AvenueApr 2026$1,300,0003/21,558$834
21 Bluebill Avenue 1103Jan 2026$1,250,0003/21,613$775
Average4 comps$1,425,500$910

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
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1980 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$22,200/yr)
Location convenienceHigh
Hospital
7.9 mi
NCH Baker Hospital (Naples)
Beach
0.6 mi
Vanderbilt Beach (Naples)
Airport
8.4 mi
Naples Airport
Shopping
1.1 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.