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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
Price: $6,795,000
Sq Ft: 4,378
($1,552 per
sqft)
Bedrooms: 4
Bathrooms: 4
Partial Baths: 1
City: Naples
County: Collier
Type: Condo
Development: Olde Naples
Subdivision: Vela Bay
Virtual Tour/Floorplan:
View
Year Built: 2024
Listing Number: 226028042
Status Code: A-Active
Taxes: $853.32
Tax Year: 2025
Garage:
2
/
Y
Furnishings: Unfurnished
Pets Allowed: With Approval
Interior Features:
Bar
Built- In Cabinets
Closet Cabinets
Custom Mirrors
Fire Sprinkler
Fireplace
Foyer
French Doors
Laundry Tub
Pantry
Smoke Detectors
Wired for Sound
Tray Ceiling(s)
Volume Ceiling
Wet Bar
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
Exterior Features:
Open Porch/ Lanai
Built In Grill
Equipment:
Dishwasher
Disposal
Double Oven
Dryer
Microwave
Range
Refrigerator/ Freezer
Self Cleaning Oven
Washer
Wine Cooler
View:
Y
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: 5,108
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Date Listed: 2026-08-04 00:00:00
Pool Description: Community
Furnished: Unfurnished
Kitchen Description: Island
Parking: Attached
Garage Description: Y
Garage Spaces: 2
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: Security System, Smoke Detector(S), Fire Sprinkler System
Laundry: Laundry In Residence, Laundry Tub
Irrigation: Central
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
Map of 1165 8Th St ##202, Naples, FL 34102
Listing Courtesy Of: John R Wood Properties
kimberly@kimberlyluxurygroup.com