3 Bed Condominium for Sale in Ole
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SoldMLS# 225080997

$285,000

3 Bed Condominium for Sale in Ole

8941 Malibu Street 1, Naples, FL, 34113

3 beds2 baths1,770 sqft2 garage
GolfFitness CenterClubhouseBasketballCommunity PoolOn-site Dining

About this home

WOW, CHECK OUT THIS PRICE! This bright and airy 3-bedroom, 2-bath condo located in Ole' at the highly sought-after Lely Resort community, has been reduced to an unbelievable price. Offering a private entry and an attached 2-car garage, this residence combines comfort, privacy, and resort-style living. Inside, you’ll find a spacious, sun-filled layout with a dedicated laundry room and a well-designed floor plan. The primary suite features a generous walk-in closet and access to a private balcony, perfect for enjoying morning coffee or unwinding in the evening. Residents of Ole' enjoy an impressive array of amenities, including a resort-style pool, on-site restaurant, fitness center, movie theater, and sports courts, creating a true vacation-at-home experience. Conveniently located near retail shops, grocery stores, and a variety of dining options, this condo offers both lifestyle and location in one exceptional package. SUBSTANTIAL PRICE REDUCTION!!

Property details

Type
Condominium
Year built
2009
Interior
1,770 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
196
Total association fees
$14,840/yr (~$1,237/mo)
CDD
None
Est. taxes (1.4%)
$3,990/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Northwest
Waterfront
No
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
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

IrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BasketballCourtClubhouseFitnessCenterGolfCourseMediaRoomParkPoolRestaurantSidewalksTrailsManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$161/sqft
Comp median
$184/sqft
Difference
-12%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
8534 Chase Preserve DriveAug 2026$340,0002/21,771$192
9114 Chula Vista Lane 11905Dec 2025$300,0003/21,715$175
9163 Delano Street 10002Nov 2025$325,0003/21,771$184
Average3 comps$321,667$184

Market trends, Ole

Median list
$397,000
Median $/sqft
$231
Median sold (90d)
$319,500
Avg days on market
138
Active listings
28
Median sold price · Ole
$340,000last 3 months13.9% vs $395,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $139,900 (35%) from the original list price.

Jul 15, 2026Sold$260,000
May 23, 2026Price reducedfrom $299,900$285,000
Nov 28, 2025Listed$399,900

The good, the trade-offs & the location

Pros
  • Built 2009 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • Higher association fees (~$14,840/yr)
Location convenienceHigh
Hospital
7.2 mi
Physicians Regional (Naples)
Beach
8.3 mi
Naples Pier / Beach
Airport
7.3 mi
Naples Airport
Shopping
8.5 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

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.