$379,900
3 Bed Waterfront Home for Sale in Naples, FL, $379,900
242 Newport Drive 504, Naples, FL, 34114
About this home
Welcome to 242 Newport Drive, Unit 504 – a stunning ground-floor condo in the peaceful waterfront community of Port of the Islands! This immaculate 3-bedroom, 2-bathroom residence offers a blend of luxury, comfort, and breathtaking natural surroundings. From the moment you enter, you'll be captivated by the serene views of lush mangroves and tranquil waters right outside your door. The living space opens up to a world of Florida’s vibrant wildlife, where dolphins, manatees, tarpon, eagles, ospreys, egrets, ibis, and herons make frequent appearances, offering a dynamic display of nature's wonders. Perfect for those who love the water, this condo includes an assigned boat slip just steps from your lanai, making it easy to explore the backwaters of the Ten Thousand Islands, discover hidden beaches, or set sail into the Gulf of Mexico. The unit is move-in ready, allowing you to immediately embrace the laid-back lifestyle this exceptional community provides. In addition to its stunning views and convenient boating access, the property features a detached single-car garage for easy parking and extra storage. The sense of community at Port of the Islands is strong, with a nearby pool offering the perfect spot to relax and connect with neighbors. Located just 20-30 minutes from the world-class dining, shopping, and entertainment of Marco Island and downtown Naples, this condo provides the perfect balance of seclusion and convenience. Don't miss this rare opportunity to own a piece of paradise where adventure and tranquility meet.
Property details
- Type
- Condominium
- Year built
- 1997
- Interior
- 1,257 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 536
- Total association fees
- $7,364/yr (~$614/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,319/yr
- Flood zone (area est.)
- Not available
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 5 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 206 Newport Drive 803 | Apr 2026 | $379,900 | 2/2 | 1,257 | $302 |
| 148 Eveningstar Cay | Mar 2026 | $435,000 | 2/2 | 1,359 | $320 |
| 317 Sunrise Cay 1-102 | Nov 2025 | $370,000 | 2/2 | 1,396 | $265 |
| 162 Newport Drive 1204 | Feb 2026 | $340,000 | 3/2 | 1,257 | $270 |
| 380 Stella Maris Drive 2603 | Nov 2025 | $415,000 | 2/2 | 1,392 | $298 |
| Average | 5 comps | $387,980 | $291 |
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 $74,000 (16.9%) from the original list price.
| May 29, 2026 | Sold | $365,000 |
| Mar 11, 2026 | Price reducedfrom $389,000 | $379,900 |
| Oct 1, 2024 | Listed | $439,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
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.