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Naples Florida Olde Naples Condos for Sale

Naples Florida Real Estate

Olde Naples Naples Real Estate

Homes For Sale52$3M - $44M
Condos For Sale70$275K - $7.7M
Land For Sale9$2.5M - $39M
Sold ( Past 6 Months )98$220K - $89M
Last updated at 11:56pm 10/13/2026

$7,695,000

MLS# 226028046

1165 8th St S #302, Naples, FL 34102

Condos - 4,378 ft² / 4,858 ft² - 3 Car Garage

4 Bed / 4 Baths / 1 Half

Built 2024

Introducing Vela Bay, an intimate collection of four contemporary waterfront residences overlooking Naples Bay in the heart of Olde Naples. Designed for refined coastal living, each residence offers more than 4,300 square feet with 4 bedrooms, 4.5 baths, 2-3 car private garages and a thoughtfully planned layout that transitions effortlessly from quiet mornings to evenings spent entertaining. A boutique lobby creates an elegant sense of arrival before opening into light-filled private residences framed by floor-to-ceiling glass. Expansive bay views provide a captivating backdrop throughout the main living areas, while generous terraces embrace the waterfront setting. At the heart of the home, an open-concept great room with a sleek linear gas fireplace offers a sophisticated yet comfortable gathering space. Thoughtfully designed for luxurious everyday living and effortless entertaining, the gourmet kitchen features European cabinetry, premium appliances, built-in refrigerator and freezer columns, a six-burner gas range, quartz countertops, and a 12-foot island. A butler’s pantry with a built-in coffee system, custom wet bar, and a passive wine room complete the elevated entertaining experience. The owner’s suite is a serene retreat with direct terrace access and a spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, dual vanities, and designer finishes. A versatile first-floor flex space can be tailored as a private office, fitness studio, media room, or wellness retreat. Above it all, the rooftop deck awaits with a stunning pool, outdoor kitchen, and inviting lounge areas, all offering 360-degree panoramic views of Naples Bay, the Gulf skyline, and evening sunsets. Ideally situated near the celebrated dining, shopping, and entertainment of 5th Avenue South and 3rd Street South, Vela Bay also offers convenient access to Naples’ white-sand beaches, Naples Airport, and Southwest Florida International Airport. Construction of Phase II is scheduled to begin in fall 2026 and is planned to introduce four additional residences, with pricing starting just under $10 million. With a limited collection of homes, Vela Bay offers a distinctive opportunity to experience contemporary waterfront living in the heart of Olde Naples.

PROPERTY DETAILS:

Community Name: Olde Naples
Community Type: Non-Gated
Subdivision: Vela Bay
Amenities: Pool, Concierge, Storage, Internet Access, Sidewalk, Streetlight
Building Design: Contemporary, Low Rise (1-3)
Building Desc: Contemporary
Living Area: 4,378 ft²
Total Area: 4,858 ft²
View: Bay, City, Landscaped Area, Parking Lot, Water
Waterfront Desc: Bay
Unit Floor: 3
Total Floors: 1
Parking: Deeded, Driveway Paved, Guest, Paved, Under Bldg Closed, Attached
Garage Spaces: 3
Construction: Concrete Block, Stucco
Exterior Features: Open Porch/Lanai, Built In Grill, Outdoor Kitchen
Roof: Built-Up
Private Pool: Community
Floor Description: Tile, Wood
Interior Features: Bar, Built-In Cabinets, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Fireplace, Foyer, Laundry Tub, Pantry, Smoke Detectors, Wired for Sound, Volume Ceiling, Walk-In Closet(s), Wet Bar
Pets: With Approval
Units in Building: 4
On Site Since: 08/04/2026
Irrigation: Central
Water: Central
Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Generator, Grill - Gas, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Walk-In Cooler, Washer, Wine Cooler
Floor Plan Type: Split Bedrooms
Furnished Desc: Furnished
Maintenance: Cable, Concierge Service, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Repairs, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
Min Days of Lease: 30
Leases Per Year: 2
Rear Exposure: NE
Elementary School: Lake Park Elementary
Middle School: Gulfview Middle School
High School: Naples High School
Restrictions: Architectural, Deeded, No Commercial, No RV
Lot Desc: Zero Lot Line
Condo Fee: $8,000 Quarterly
Total Annual Recurring Fees: $32,000
Gulf Access Type: No Bridge(s)/Water Direct
County: Collier
Prospective Purchaser’s Estimated Annual Property Taxes: $73,133

THIS PROPERTY IS COURTESY OF:

John R Wood Properties

AREA SPECIALIST:


Alena Vydra, PA
2025 Five Star Real Estate Agent

Certified Luxury Home Marketing Specialist
Alena Vydra, PA

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute
SRS - Seller Representative Specialist
SFR - Short Sales and Foreclosure Resource Certification
CLHMS - Certified Luxury Home Marketing Specialist
Million Dollar GUILD
RIDQC Certified Residential Interior Designer
DSA Certified Residential Interior Designer
DSA- Designer Society of America member

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 321-5012

Website: https://www.realtyofnaples.com

Bio: 

Alena Vydra is experienced Broker Associate, Graduate Realtor Institute, have earned the Certified Luxury Home Marketing Specialist designation; recognized as members of the Million Dollar GUILD, Five Star Real Estate Agent, have earned many designations and certifications such as Seller Representative Specialist, Certified Negotiation Expert designations; Short Sales and Foreclosure Resource Certification, and Residential Interior Designer Certification.

Since 2011, Alena has led the Luxury of Naples Group with pride, working alongside educated and experienced colleagues. The team emphasizes education and local market knowledge as crucial to their success. Their main goal is to work diligently to maintain and enhance the group's strong professional reputation. Whether you're buying or selling, Alena and her team are dedicated to providing expert real estate counseling to help you achieve your goals.

Originally from Ukraine, Alena moved to the United States with her husband and two daughters in 2003. She holds a master's degree in Mathematics and Physics. Transitioning from accounting, Alena discovered her passion for real estate in Florida, where she continues to grow professionally, leveraging her mathematical and interpersonal skills. Her role is enriched by meeting clients from different states, countries and helping them find their ideal home in welcoming Naples.

Alena describes Naples as a "must-see city," boasting a vibrant array of activities, a mild climate, unique tropical nature, and pristine white sand beaches.

The Luxury of Naples Group focuses on staying current with market trends through strategic advertising, effective communication, and fostering long-term business relationships. Their commitment is to earn clients' trust and deliver the best possible outcomes.

For expert real estate service in the Estero-Naples-Bonita Springs areas, contact Alena and her team. Their motto is: "Providing The Luxury Real Estate Service You Deserve!"

CONTACT / REQUEST APPOINTMENT:


In order to better assist our clients, we need to know as much as possible relating to: you, your situation, your needs, what you are looking for, and how we can best assist you. Please be as detailed as possible, for if you are vague, we may miss something - thus, not providing the best service possible. Your satisfaction is our top priority. By providing your phone number, you consent to receive communications, including but not limited to text messages and phone calls, from Luxury Of Naples Group regarding your inquiries, appointments, updates, or other services. Message and data rates may apply. You can opt-out at any time by replying STOP to any text message or contacting us.
Thank you! We look forward to the opportunity to earn your trust and your business.


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