$1,255,000
2 Bed Waterfront Home for Sale in Watermark
9380 Gulf Shore Drive 402, Naples, FL, 34108
About this home
Welcome to your private waterfront retreat in the prestigious Watermark at Vanderbilt Beach, where sophisticated coastal living meets effortless luxury. Perfectly positioned on the fourth floor, this impeccably renovated residence offers breathtaking panoramic views of Vanderbilt Bay while providing deeded access to the pristine white sands of Vanderbilt Beach just moments away. High and dry through Southwest Florida’s recent major storms, Watermark offers exceptional peace of mind while preserving the unmatched waterfront lifestyle buyers seek. Thoughtfully redesigned with timeless elegance, the open-concept floor plan is filled with natural light and showcases premium finishes throughout. The gourmet kitchen is a true centerpiece, featuring quartz countertops, custom cabinetry, stainless steel appliances, and seamless flow into the spacious living and dining areas—ideal for both intimate gatherings and entertaining. The screen-enclosed lanai extends the living space, creating the perfect setting to enjoy tranquil sunrises, sparkling bay views, and the gentle coastal breeze year-round. The luxurious owner’s suite offers a peaceful waterfront sanctuary complete with a beautifully updated spa-inspired bath and generous closet space. A split-bedroom layout provides exceptional privacy for family and guests. Residents of Watermark enjoy secured under-building parking, a bayside resort-style pool and spa, pickleball and tennis courts, barbecue and picnic areas, private beach access, and beautifully maintained grounds. Ideally located just minutes from The Ritz-Carlton, LaPlaya Beach & Golf Resort, Mercato’s premier shopping and dining, fine restaurants, and world-class entertainment, this exceptional residence delivers the very best of the Naples waterfront lifestyle. Whether you’re seeking a full-time residence, seasonal escape, or luxury investment opportunity, this move-in-ready home offers an unmatched combination of location, elegance, resilience, and coastal sophistication.
Property details
- Type
- Condominium
- Year built
- 1991
- Interior
- 1,482 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 64
- Total association fees
- $15,500/yr (~$1,292/mo)
- CDD
- None
- Est. taxes (1.4%)
- $17,570/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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
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.
Based on the $/sqft of 11 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 9715 Gulf Shore Drive 301 | Feb 2026 | $1,420,000 | 2/2 | 1,505 | $944 |
| 9103 Vanderbilt Drive 208 | Oct 2025 | $950,000 | 3/2 | 1,468 | $647 |
| 450 Launch Circle 501 | May 2026 | $990,000 | 3/2 | 1,635 | $606 |
| 470 Launch Circle V-401 | May 2026 | $975,000 | 3/2 | 1,635 | $596 |
| 460 Launch Circle Penthouse 01 | Sep 2025 | $1,030,000 | 3/2 | 1,635 | $630 |
| 460 Launch Circle 202 | Apr 2026 | $1,025,000 | 3/2 | 1,475 | $695 |
| Average | 6 comps | $1,065,000 | $686 |
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 $25,000 (2%) from the original list price.
| Aug 28, 2026 | Price reducedfrom $1,265,000 | $1,255,000 |
| Jun 27, 2026 | Listed | $1,280,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$15,500/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.
Similar homes nearby
$1,195,000
MLS# 2260279643500 Gulf Shore Boulevard 104, Naples, FL, 34103
$1,150,000
MLS# 225067269470 Launch Circle V303, Naples, FL, 34108
$1,250,000
MLS# 2260248746300 Pelican Bay Boulevard 103, Naples, FL, 34108
$1,195,000
MLS# 2260128163450 Gulf Shore Boulevard 305, Naples, FL, 34103
$1,180,000
MLS# 2260148326360 Pelican Bay Boulevard C105, Naples, FL, 34108
$1,350,000
MLS# 226013702260 Barefoot Beach Boulevard 303, Bonita Springs, FL, 34134
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.