$389,000
3 Bed Waterfront Home for Sale in Naples
290 Newport Drive 107, Naples, FL, 34114
About this home
Welcome to Sunset Cay Villas, Unit 107 - a meticulously maintained second-floor, southern-exposure waterfront residence offering an exceptional opportunity in the heart of Port of the Islands. This fully furnished 3-bedroom, 2-bath condominium delivers the quintessential Southwest Florida waterfront lifestyle, combining comfort, functionality, and income potential. The spacious primary suite captures tranquil canal views and opens directly to the screened lanai - an ideal setting for morning coffee or evening relaxation overlooking the water. Enjoy wide water views on one side and serene, park-like natural surroundings on the other, creating a peaceful coastal retreat that still offers convenient proximity to the marina and boating services nearby. Each residence includes a private boat slip, allowing you to keep your boat just steps from home, along with the added convenience of a private garage - a valuable combination. What truly sets this property apart is its weekly rental allowance, making it one of the few condominium buildings in Port of the Islands that permits short-term rentals. This creates an exciting opportunity for investors or owner-occupants looking to offset ownership costs while enjoying personal use of the property. Port of the Islands is widely recognized for offering some of the best waterfront values in all of Collier County, where buyers can enjoy a waterfront condominium with a boat slip and garage while being immersed in nature. Ideally positioned, the community provides a perfect balance - peaceful coastal living with convenient access to the amenities, beaches, dining, and culture of Marco Island and downtown Naples. Whether you are seeking a full-time residence, a seasonal getaway, or a flexible investment property, Sunset Cay Villas Unit 107 represents a compelling opportunity to embrace Paradise Coast living.
Property details
- Type
- Condominium
- Year built
- 2001
- Interior
- 1,274 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 179
- Total association fees
- $7,664/yr (~$639/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,446/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 6 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 |
|---|---|---|---|---|---|
| 317 Sunrise Cay 1-102 | Nov 2025 | $370,000 | 2/2 | 1,396 | $265 |
| 242 Newport Drive 504 | May 2026 | $365,000 | 3/2 | 1,257 | $290 |
| 148 Eveningstar Cay | Mar 2026 | $435,000 | 2/2 | 1,359 | $320 |
| 206 Newport Drive 803 | Apr 2026 | $379,900 | 2/2 | 1,257 | $302 |
| 380 Stella Maris Drive 2603 | Nov 2025 | $415,000 | 2/2 | 1,392 | $298 |
| 162 Newport Drive 1204 | Feb 2026 | $340,000 | 3/2 | 1,257 | $270 |
| Average | 6 comps | $384,150 | $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 $10,000 (2.5%) from the original list price.
| Jun 16, 2026 | Price reducedfrom $399,000 | $389,000 |
| Dec 19, 2025 | Listed | $399,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Built 2001 — 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.