3 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 226014103

$1,000,000

3 Bed Waterfront Home for Sale in Naples

425 Cove Tower Drive 504, Naples, FL, 34110

3 beds3 baths2,491 sqft1 garage
GatedTennisClubhouseCommunity PoolBoatingWaterfront

About this home

Rarely available 5th-floor corner end unit (Stack 04) in Caribe at Cove Towers, offering sweeping panoramic views of Wiggins Pass, the bay, and the Gulf. Enjoy breathtaking sunsets from your expansive wraparound screened balcony—perfect for relaxing or entertaining. With 2,491 square feet under air, this spacious residence features one of the largest floor plans in the community, offering 3 bedrooms, 3 full bathrooms, and a thoughtfully designed layout. The open-concept great room flows seamlessly into a formal dining area and a bright morning breakfast room, while a separate flex space provides the perfect option for a den, office, or additional family room. The desirable split-bedroom floor plan ensures privacy for guests, with a guest ensuite and a third bedroom that opens to a second private front balcony shared between both guest rooms. Additional features include under-building assigned parking and a private storage locker. Caribe at Cove Towers is a gated North Naples waterfront community located less than a mile from the Gulf and directly on Wiggins Pass. Residents enjoy a community pool, spa, and kayak launch. Optional membership to the Tarpon Cove Yacht & Racquet Club offers a true resort lifestyle, including a private boat shuttle to Delnor-Wiggins Beach, six Har-Tru tennis courts, fitness center, waterfront dining, and a tiki bar. Boat slips are also available for lease or purchase at the marina. For golf enthusiasts, the prestigious Kinsale Golf Club is located just across the street, offering a world-class private golf experience just steps from your front door. Don’t miss the opportunity to enjoy waterfront sunsets, boating access, and resort-style living!

Property details

Type
Condominium
Year built
2001
Interior
2,491 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
142
Total association fees
$20,222/yr (~$1,685/mo)
CDD
None
Est. taxes (1.4%)
$14,000/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Southwest
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

AssociationManagementCableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilities

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

Amenities

BikeStorageClubhouseBarbecuePicnicAreaPrivateMembershipPoolSpaHotTubStorageTrashVehicleWashAreaManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$401/sqft
Comp median
$411/sqft
Difference
-2%

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
455 Cove Tower Drive 1603Aug 2026$1,100,0003/32,556$430
445 DOCKSIDE Drive B202Jul 2026$1,100,0003/32,677$411
14750 Glen Eden DriveAug 2026$865,0003/32,438$355
Average3 comps$1,021,667$399

Market trends, Caribe At Cove Towers

Median list
$1,025,000
Median $/sqft
$465
Avg days on market
87
Active listings
6
Median sold price · Caribe At Cove Towers
$985,000last 12 monthsnot enough sold data to compare

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

Price & status history

Down $100,000 (9.1%) from the original list price.

Apr 16, 2026Price reducedfrom $1,100,000$1,000,000
Apr 3, 2026Listed$1,100,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 2001 — 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 (~$20,222/yr)
Location convenienceHigh
Hospital
9.4 mi
NCH Baker Hospital (Naples)
Beach
2.3 mi
Vanderbilt Beach (Naples)
Airport
9.8 mi
Naples Airport
Shopping
2.1 mi
Mercato (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.