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Naples Florida Pelican Bay Condos Under Contract

Naples Florida Real Estate

Pelican Bay Naples Real Estate

Homes For Sale34$1.4M - $34.9M
Condos For Sale161$199K - $38M
Sold ( Past 6 Months )236$500K - $16M
Last updated at 12:24am 05/20/2026

Pending with Contingencies
$925,000

MLS# 226002534

5950 Pelican Bay Blvd 125, Naples, FL 34108

Condos - 2,001 ft² / 2,001 ft² - 1 Carport

3 Bed / 2 Baths

Built 1982

Exceptional Opportunity in the Sanctuary at Pelican Bay, this beautifully renovated 3-bedroom, 2-bath condominium in the Sanctuary at Pelican Bay in Naples, Florida presents a compelling opportunity to own within one of Naples’ most prestigious beachfront communities. Situated on the second floor, this desirable end-unit residence overlooks a tranquil pond and mature tropical landscaping. The large screened and glass-enclosed lanai offers peaceful, outdoor living — ideal for enjoying Naples’ climate year-round. Inside, renovations create a clean, move-in-ready experience, including: Updated kitchen with modern finishes, renovated bathrooms, new flooring, all-new plumbing and is partially furnished. The floor plan and end-unit positioning create an open, comfortable living environment that feels private and inviting. Additional conveniences include: common elevator access, storage area, close proximity to Pelican Bay Commons and easy tram access to private beach facilities. The Sanctuary spans 11 acres of meticulously maintained grounds, has a highly active social calendar and has recently completed significant capital improvements, including: resurfaced and salt-water pool and spa, new metal roofs, and new main water line. Residents of Pelican Bay enjoy exclusive private beach access with beachfront dining, beach attendants and services, tennis, pickleball, sailing, kayaking, a full-service fitness and wellness center. Just minutes from Artis—Naples and Waterside Shops, this residence offers a rare balance of coastal tranquility and cultural sophistication. With its recent price improvement, updated interior, and access to world-class amenities, this is one of the most value-driven opportunities currently available in Pelican Bay.

PROPERTY DETAILS:

Community Name: Pelican Bay
Community Type: Non-Gated
Subdivision: Sanctuary
Amenities: Barbecue, Beach - Private, Beach Access, Bike And Jog Path, Bike Storage, Business Center, Clubhouse, Pool, Community Room, Spa/Hot Tub, Electric Vehicle Charging, Fitness Center, Storage, Full Service Spa, Golf Course, Internet Access, Pickleball, Play Area, Private Beach Pavilion, Private Membership, Restaurant, Sauna, Shopping, Sidewalk, Streetlight, Tennis Court(s), Underground Utility
Building Design: Low Rise (1-3)
Building Desc: End-Unit
Living Area: 2,001 ft²
Total Area: 2,001 ft²
View: Lake, Landscaped Area, Pool/Club
Unit Floor: 2
Total Floors: 1
Parking: 1 Assigned, Common, Covered, Driveway Paved, Guest, Paved, Detached Carport
Construction: Concrete Block, Stucco
Exterior Features: Screened Lanai/Porch, Storage
Carport Spaces: 1
Roof: Built-Up, Metal
Private Pool: Community
Private Spa: Community
Floor Description: Carpet, Tile
Interior Features: Foyer, Smoke Detectors, Walk-In Closet(s), Window Coverings
Pets: With Approval
Units in Building: 5
On Site Since: 01/20/2026
Irrigation: Central
Water: Assessment Paid, Central
Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
Floor Plan Type: Other
Furnished Desc: Partially
Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Rec Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
Min Days of Lease: 90
Leases Per Year: 3
Rear Exposure: N
Elementary School: Sea Gate Elementary
Middle School: Pine Ridge Middle
High School: Barron Collier
Restrictions: Deeded, No Commercial, No RV, No Truck
HOA Fees: $4,851 Quarterly
Master HOA Fee: $3,295 Annually
Transfer Fee: $10,000
Total Annual Recurring Fees: $22,699
Taxes: $10,091
Tax Year: 2025
Total One Time Fees: $13,870
Golf Type: Golf Equity

THIS PROPERTY IS COURTESY OF:

Coldwell Banker Realty

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Contact Us Looking to Sell Your Property? Contact our Area Specialist to get a free Comparative Market Analysis and maximize your property's exposure to thousand of potential buyers!

AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

Broker Reciprocity LogoThis property is courtesy of Coldwell Banker Realty.

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