$1,399,000
3 Bed Waterfront Home for Sale in Naples
401 Panay Avenue, Naples, FL, 34113
About this home
Opportunity Knocks! Beautiful High & Dry (including garage) 3BR/2BA waterfront home on ISLES OF CAPRI with direct access to the Gulf in just minutes. This fabulous 0.31 acre canal-front home has been well maintained and updated. The kitchen features a 5 burner induction cook top with drop-down vent hood, double wall oven (1 conventional/1 convection) power-slide drawer style microwave, Samsung Refrigerator, Bosch dishwasher, and all new cabinetry and countertops. 2019 Metal Roof. Lanai and concrete pad extended and re-screened in 2021 and. Rear yard offers incredible privacy, has been lovingly cared for, and features 2 gloriously mature fruit producing trees (Mango and Lychee), extensive low-maintenance, mostly native landscaping, pathways, as well a terraced flower or vegetable beds, AND leaves plenty of room for a pool! The dock & lift will support a 7K pound v-hull boat and the removable floating dock is perfect for your kayaks or canoes. The garage with epoxied floor will accommodate 2 cars, and also features an in-ground lift to allow you to work on your vehicles. There is also enough room on the property to possibly store an RV. The large circular drive allows for plenty of parking. This home has NEVER been impacted by flooding and a transferable flood policy is available. Isles of Capri is 5 minutes from Marco, 20 minutes from Naples. There is no HOA for any of the single family homes on Capri. Street legal, tagged & insured golf carts are welcome on Capri! Come have a look at this wonderful home. fall in love, and move right in!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1984
- Interior
- 2,082 sqft
- Lot size
- 1,393.92 sqft
- Acreage
- 0.03 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $19,586/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 — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Collier
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.
Based on the $/sqft of 5 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 |
|---|---|---|---|---|---|
| 1104 Gayer Way | Jun 2026 | $1,385,000 | 3/2 | 1,904 | $727 |
| 1079 Bald Eagle Drive N703 | Dec 2025 | $1,050,000 | 2/2 | 1,995 | $526 |
| 1200 Orange Court | Mar 2026 | $1,440,000 | 3/2 | 1,935 | $744 |
| 2000 Royal Marco Way 607 | Dec 2025 | $1,395,000 | 2/3 | 2,165 | $644 |
| 843 Buttonwood Court | Feb 2026 | $1,400,000 | 3/2 | 1,894 | $739 |
| Average | 5 comps | $1,334,000 | $676 |
Market trends, Isles Of Capri
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.