3 Bed Waterfront Home for Sale in Regatta
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For SaleMLS# 226021166

$1,495,000

3 Bed Waterfront Home for Sale in Regatta

400 Flagship Drive 1104, Naples, FL, 34108

3 beds3 baths1,750 sqft1 garage
GatedBoatingFitness CenterClubhouseCommunity PoolWaterfront

About this home

NEWLY RENOVATED, RARELY AVAILABLE 11TH-FLOOR CONDO WITH SPECTACULAR GULF & BAY VIEWS in the highly sought-after Regatta community on Vanderbilt Beach! Ideally located directly across from the Naples Ritz-Carlton Beach Resort and just a 10-minute walk (0.5 miles) to the pristine sugar-sand shores of Vanderbilt Beach, this coastal retreat offers the ultimate Naples lifestyle. This residence features an OPEN-CONCEPT FLOOR PLAN with 1,750 square feet under air, 3 generously sized bedrooms, 3 full bathrooms, HIGH CEILINGS, IMPACT GLASS WINDOWS & SLIDERS* + ELECTRIC SHUTTERS, a desirable SPLIT-BEDROOM LAYOUT ideal for entertaining and privacy, and a COVERED UNDER-BUILDING PARKING SPACE + STORAGE. The light and bright interior showcases OVERSIZED MARBLED TILE FLOORING THROUGHOUT (NO CARPET), a shiplap reverse tray ceiling accent with modern chandelier, and an updated kitchen featuring white cabinetry, white countertops, and stainless-steel appliances. Step through the FLOOR-TO-CEILING SLIDING IMPACT GLASS SLIDERS* to the spacious screened lanai, where breathtaking GULF & BAY VIEWS provide stunning sunsets and incredible opportunities to watch dolphins and manatees glide through the bay below. The spacious primary suite offers PRIVATE LANAI ACCESS and a well-appointed ensuite bath with dual vanities, a walk-in shower, and a separate soaking tub. Regatta's FLEXIBLE MONTHLY RENTAL POLICY and PET-FRIENDLY (residents only) atmosphere make this an exceptional investment opportunity, vacation home, or full-time residence. This GATED WATERFRONT COMMUNITY offers the opportunity to purchase a BOAT SLIP when available and features RESORT-STYLE AMENITIES including two resort-style pools including a tranquil waterfall pool, spa, fitness center, clubhouse, grilling areas, fishing pier, and a 55-slip marina. Just minutes from Vanderbilt Beach, The Ritz-Carlton, Mercato, Pavilion, and Waterside Shops, this residence offers the very best of luxury coastal living in Naples. Boat docks may become available for purchase within the Regatta. However, this owner does not currently own a boat dock. Listing broker and seller make no guarantees or representations regarding future boat dock availability.

Property details

Type
Condominium
Year built
2000
Interior
1,750 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
87
Total association fees
$16,970/yr (~$1,414/mo)
CDD
None
Est. taxes (1.4%)
$20,930/yr
Flood zone (area est.)
Yes · High risk (AE)
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

CableTvInsuranceInternetLegalAccountingMaintenanceGroundsPestControlReserveFundStreetLightsTrashWater

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

Amenities

BoatDockBikeStorageClubhouseFitnessCenterBarbecuePicnicAreaPoolSpaHotTubSidewalksManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$854/sqft
Comp median
$766/sqft
Difference
+11%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
831 Sailaway Lane 202Jul 2026$1,310,0003/21,863$703
831 Sailaway Lane 203Sep 2025$1,325,0003/21,862$712
815 Bentwater Circle 101Jun 2026$1,500,0003/21,831$819
700 Bentwater Circle 201Sep 2025$1,700,0003/21,831$928
710 Bentwater Circle 204Jun 2026$1,650,0003/21,831$901
540 Via Veneto 102Apr 2026$1,300,0003/21,940$670
Average6 comps$1,464,167$789

Market trends, Regatta

Median list
$1,322,500
Median $/sqft
$817
Median sold (90d)
$1,320,000
Avg days on market
128
Active listings
2
Median sold price · Regatta
$1,320,000last 3 monthsnot enough sold data to compare

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

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 2000 — 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 (~$16,970/yr)
Location convenienceHigh
Hospital
7 mi
NCH Baker Hospital (Naples)
Beach
0.3 mi
Vanderbilt Beach (Naples)
Airport
7.5 mi
Naples Airport
Shopping
0.8 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.