$1,050,000
3 Bed 2 Bath Waterfront Condominium for Sale in REGATTA, FL
450 Launch Circle 501, Naples, FL, 34108
About this home
Close to the beach, bay views, and built-in income potential—this one checks every box. Positioned just a stone’s throw from Vanderbilt Beach, this end-unit 3-bedroom, 2-bath residence in Regatta at Vanderbilt Beach offers an ideal blend of personal enjoyment and a strong income-generating opportunity—appealing equally to lifestyle buyers and investors. Bathed in natural light thanks to its coveted end-unit placement, the residence captures tranquil bay views that set a relaxed coastal tone throughout. The layout is both functional and inviting, with an easy, open flow that comfortably accommodates owners and guests alike. A screened lanai extends the living space outdoors, creating a seamless connection to the waterfront setting. Inside, generously sized bedrooms and baths provide comfort and flexibility, while the split-bedroom floor plan enhances privacy. The primary suite offers a walk-in closet and a private ensuite bath. Regatta is one of Naples’ most sought-after communities, known for its flexible rental policy and resort-style amenities that consistently attract vacationers. Residents and guests enjoy a tropical waterfall pool, spa, fitness center, grilling areas, and secure grounds—delivering the kind of experience today’s buyers actively seek. The location further elevates its appeal. Situated directly across from The Ritz-Carlton, Naples, and within walking distance to beachfront dining and entertainment, you’re also just minutes from Mercato and Waterside Shops. Whether enjoyed as a personal coastal retreat or leveraged as an income-producing asset, this is a property that delivers on every level—location, lifestyle, and long-term value in one of Naples’ most desirable beachside settings.
Property details
- Type
- Condominium
- Year built
- 1999
- Interior
- 1,635 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 9
- Total association fees
- $19,684/yr (~$1,640/mo)
- CDD
- None
- Est. taxes (1.4%)
- $14,700/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Northwest
- 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 |
|---|---|---|---|---|---|
| 460 Launch Circle Penthouse 01 | Sep 2025 | $1,030,000 | 3/2 | 1,635 | $630 |
| 460 Launch Circle 202 | Apr 2026 | $1,025,000 | 3/2 | 1,475 | $695 |
| 470 Launch Circle V-401 | May 2026 | $975,000 | 3/2 | 1,635 | $596 |
| 9103 Vanderbilt Drive 208 | Oct 2025 | $950,000 | 3/2 | 1,468 | $647 |
| 9380 Gulf Shore Drive 101 | May 2026 | $925,000 | 3/2 | 1,700 | $544 |
| 837 Sailaway Lane 101 | Nov 2025 | $950,000 | 4/2 | 1,831 | $519 |
| Average | 6 comps | $975,833 | $605 |
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 $60,000 (5.7%) from the original list price.
| May 22, 2026 | Sold | $990,000 |
| Apr 29, 2026 | Listed | $1,050,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- Built 1999 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$19,684/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.