1165 8Th St ##302, Naples, FL 34102
- 4,378 Sq Ft ($1,758 per sqft)
- 4
- 4
ID: 226028046
For Sale
:
$7,695,000
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.
Equipment:
- Gas Cooktop
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Grill - Gas
- Microwave
- Range
- Refrigerator/ Freezer
- Self Cleaning Oven
- Walk- In Cooler
- Washer
- Wine Cooler
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
Exterior Features:
- Open Porch/ Lanai
- Built In Grill
- Outdoor Kitchen
Boat Access:
- None
View:
- Y
Amenities:
- Pool
- Concierge
- Storage
- Internet Access
- Sidewalk
- Streetlight
Financial Information:
- Taxes: $853.32
- Tax Year: 2025
- Association Fee: $32,000.00
- Condo Fee: $8,000.00
- Condo Fee Frequency: Quarterly
Room Dimensions:
- Laundry: Laundry in Residence, Laundry Tub
School Information:
- Elementary School: Lake Park Elementary
- Middle School: Gulfview Middle School
- Junior High: Gulfview Middle School
- High School: Naples High School
Additional Information:
- Building Description: Contemporary, Low Rise (1-3)
- Building Design: Low Rise (1-3 Floors)
- Community Type: Non- Gated
- MLS Area: Olde Naples
- Total Square Footage: 4,858
- Total Floors: 1
- Water: Central
- Construction: Concrete Block, Stucco
- Foreclosure: N
- Date Listed: 2026-08-04 00:00:00
- Pool: N
- Pool Description: Community
- Private Spa: N
- Furnished: Furnished
- Den: N
- Kitchen Description: Island
- Parking: Deeded, Driveway Paved, Guest, Paved, Under Bldg Closed, Attached
- Garage Description: Y
- Garage Spaces: 3
- Attached Garage: Y
- Flooring: Tile, Wood
- Roof: Built- Up
- Heating: Central Electric
- Cooling: Ceiling Fan(S), Central Electric, Humidistat, Whole House Fan
- Fireplace: Y
- Storm Protection: Impact Resistant Doors, Impact Resistant Windows
- Security: Smoke Detector(S), Fire Sprinkler System
- Laundry: Laundry In Residence, Laundry Tub
- Irrigation: Central
- 55+ Community: N
- Pets: With Approval
- Restrictions: Architectural, Deeded, No Commercial, No R V
- 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
- Rear Exposure: Ne
- Lot Desc.: Zero Lot Line
- Amenities: Pool, Concierge, Storage, Internet Access, Sidewalk, Streetlight
Waterfront Description:
- Bay