3 Bed Waterfront Home for Sale in Allegro
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For SaleMLS# 225036055

$1,990,000

3 Bed Waterfront Home for Sale in Allegro

4031 Gulf Shore Boulevard 3E, Naples, FL, 34103

3 beds3 baths2,543 sqft1 garage
GatedBeach AccessFitness CenterClubhouseCommunity PoolBoatingWaterfront

About this home

LOWEST PRICED 3 BED/3 BATH CONDO IN ALLEGRO!!! MOTIVATED SELLERS!! Stunningly renovated, professionally furnished by Shawna Raff and a must-see! Light and bright, this beautifully updated 3rd floor Allegro condo features 3 spacious bedrooms and 3 full baths. The gorgeous kitchen is a true highlight, perfect for culinary enthusiasts. The living room offers the perfect balance of comfort, style, and entertainment. Large windows frame breathtaking views of Venetian Village, allowing natural light to flood the space while providing a serene, scenic backdrop. Experience the perfect blend of modern luxury and coastal charm in this beautifully updated property. Just steps from the beach and minutes from downtown Naples, this home offers the ultimate in convenience and luxury. Don’t miss out on this incredible opportunity to live in Park Shore! Allegro is one of the few buildings in Park Shore to have an AquaFence to prevent future storm surge damage!

Property details

Type
Condominium
Year built
1981
Interior
2,543 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
500
Total association fees
$38,900/yr (~$3,242/mo)
CDD
None
Est. taxes (1.4%)
$27,860/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
Pool
No
Spa
No
Natural gas
No
Water
Not specified
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

AssociationManagementCableTvInsuranceIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesSewerSecurityTrash

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

Amenities

BeachRightsBeachAccessBilliardRoomBilliardsBikeStorageClubhouseFitnessCenterLibraryBarbecuePicnicAreaPoolSpaHotTubStorageTrailsTrashVehicleWashAreaManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$783/sqft
Comp median
$863/sqft
Difference
-9%

Based on the $/sqft of 3 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
4400 Gulf Shore Boulevard 4-405Apr 2026$2,250,0003/32,606$863
3377 Gulf Shore Boulevard 6BMay 2026$2,250,0003/22,347$959
748 Willowhead DriveMar 2026$2,100,0004/32,653$792
Average3 comps$2,200,000$871

Market trends, Allegro

Median list
$2,600,000
Median $/sqft
$1,002
Avg days on market
307
Active listings
5
Median sold price · Allegro
$1,112,543last 6 monthsnot enough sold data to compare

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

Price & status history

Down $760,000 (27.6%) from the original list price.

Mar 14, 2026Price reducedfrom $2,099,000$1,990,000
Apr 11, 2025Listed$2,750,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1981 — 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 (~$38,900/yr)
Location convenienceHigh
Hospital
3 mi
NCH Baker Hospital (Naples)
Beach
4.4 mi
Naples Pier / Beach
Airport
3.8 mi
Naples Airport
Shopping
2.6 mi
Coastland Center (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.