For sale Condo

Listed Aug 4, 2026

$6,795,000 Est. $44,943/mo

1165 8th Street South #202

  • 4

    Beds

  • 5

    Baths

  • 4,378

    Sq ft

The story

  • Pool

Unit #202 at 1165 8th Street South is a 4-bedroom, 5-bathroom, single-level condo in Naples, FL with 4,378 sq ft of living space and 2 garage spaces, built in 2024. It is currently listed at $6,795,000. Highlights include city views, a fireplace and a pool.

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.

Facts & features

Home type

Condo

Year built

2024

Floors

1

Price per sq ft

$1,552

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Ceiling Fans, Electric, Humidity Control, Whole House Fan

  • Heating

    Central, Electric

  • Appliances

    Double Oven, Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer

  • Flooring

    Tile, Wood

  • Roof

    Built Up, Flat

  • Lot Information

    Zero Lot Line, Sprinklers Automatic

  • Exterior

    Security High Impact Doors, Irrigation Sprinklers, Outdoor Grill

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    City

Mortgage calculator

Estimated monthly payment

$44,943 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $36,166
  • Property tax $6,795
  • Insurance $1,982

Includes principal, interest, taxes & insurance.

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Listing Broker

John R Wood Properties

Broker Name

John R Wood Properties

Agent

Kimberly Alvord