1165 8TH ST S Unit #302, Naples, FL 34102
- $7,695,000
- 4
- BD
- 4.5
- BA
- 4,378
- SqFt
- List Price
- $7,695,000
- Listing Price
- $7,695,000
- Days on Market
- 0
- MLS#
- 226028046
- Bedrooms
- 4
- Bathrooms
- 4.5
- Living Sq. Ft
- 4,378
- Property Class
- Condo
- Building Design
- Low Rise (1-3)
- Elementary School
- Lake Park Elementary
- Middle School
- Gulfview Middle School
- High School
- Naples High School
- Status Type
- New Construction
- Status
- ACTIVE
- County
- Collier
- Region
- NA06 - Olde Naples Area Golf Dr to 14th Ave S
- Neighborhood
- Olde Naples
- Development
- Olde Naples
- Building Name
- Vela Bay
Property Description
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.
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Additional Information
- Tax Year
- 2025
- Year Built
- 2024
- Garage Spaces
- 3
- furnished
- Furnished
- Pets
- With Approval
- Amenities
- Pool, Concierge, Storage, Internet Access, Sidewalk, Streetlight
- Community Type
- Non-Gated
- View
- Bay, City, Landscaped Area, Parking Lot, Water
- Boat Access
- None
- Waterfront Description
- Bay
- Building Description
- Contemporary
- Restrictions
- Architectural, Deeded, No Commercial, No RV
- Rear Exposure
- NE
- Roof
- Built-Up
- Flooring
- Tile, Wood
- Exterior Features
- Open Porch/Lanai, Built In Grill, Outdoor Kitchen
- Water
- Central
- Cooling
- Ceiling Fan(s), Central Electric, Humidistat, Whole House Fan
- 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
- Equipment/Appliances Included
- 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
- Rooms
- Great Room, Laundry in Residence, Open Porch/Lanai
- Condo Fee
- $8000
- Condo Fee Frequency
- Quarterly
- Total Annual Recurring Fees
- $32000
- Gulf Access
- Yes
- Waterfront
- Yes
- Storm Protection
- Impact Resistant Doors, Impact Resistant Windows
- Furnished Description
- Furnished
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.