$1,800,000
2 Bed Waterfront Home for Sale in Naples
23 W Pelican Street, Naples, FL, 34113
About this home
Spectacular Waterfront Living on the Isles of Capri... Wake up to breathtaking panoramic views of the largest bay on the Isles of Capri from this beautifully remodeled elevated waterfront home. With an impressive 100-foot private composite dock equipped with electric, water and two boat lifts, this property is a true boater's paradise offering direct deep water access and island beaches just beyond the bay. This meticulously maintained 2-bedroom, 2-bathroom single-family home was extensively remodeled in 2018 and offers an inviting open layout designed to maximize the stunning water views. The lower level includes a versatile bonus area, while the oversized four-car garage provides abundant storage for vehicles, golf carts, water toys, and more. Recent updates and features include: brand-new air conditioning system, 2024 water heater, beautifully updated bathrooms, whole-house generator and impact-resistant windows. Whether you're searching for a full-time residence, a seasonal island retreat, an exceptional waterfront investment, or the perfect site to build your future dream home, this remarkable property offers endless possibilities. Enjoy the relaxed island lifestyle of the Isles of Capri while remaining just minutes from the world-class beaches, dining, shopping, and amenities of Marco Island and Naples. This is a property that truly must be seen in person to appreciate the incredible views, location, and lifestyle it offers.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 1,516 sqft
- Lot size
- 6,969.6 sqft
- Acreage
- 0.16 acres
- Garage
- 4 car
- Days on market
- 44
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $25,200/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Collier
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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Market trends, Isles Of Capri
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $199,000 (10%) from the original list price.
| Sep 4, 2026 | Price reducedfrom $1,999,000 | $1,800,000 |
| Jul 22, 2026 | Listed | $1,999,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- 4-car garage
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.