1165 8TH ST S #302
NAPLES, FL, 34102
$7,695,000
4 Beds
4.5 Baths
4,378 SqFt
0 Acres
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MLS #226028046 image #0
Listing Provided Courtesy of John R Wood Properties
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:
$7,695,000
MLS #:
226028046
Status:
Active
Beds:
4
Baths:
4.5
Type:
Lowrise
Subtype:
Low Rise (1-3)
Subdivision:
VELA BAY
Neighborhood:
oldenaples
Listed Date:
Aug 4, 2026
Finished Sq Ft:
4,378
Total Sq Ft:
4,858
Year Built:
2024
WaterfrontPoolNewconstructionOlde NaplesOldenaplesVela BayLake Park ElementaryGulfview Middle SchoolNaples High SchoolWith Approval

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Schools

Elementary School:
LAKE PARK ELEMENTARY
Middle School:
GULFVIEW MIDDLE SCHOOL
High School:
NAPLES HIGH SCHOOL

Interior

Appliances
Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Grill – Gas, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Walk-In Cooler, Washer, Wine Cooler
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Electric, Humidistat, Whole House Fan
Flooring
Tile, Wood
Heating
Central Electric
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
Laundry Features
Laundry in Residence, Laundry Tub
Levels
1

Exterior

Architectural Style
Contemporary, Low Rise (1-3)
Association Amenities
Pool, Concierge, Storage, Internet Access, Sidewalk, Streetlight
Attached Garage YN
1
Building Features
DSL/Cable Available
Community Features
Pool, Sidewalks, Street Lights
Construction Materials
Concrete Block, Stucco
Covered Spaces
3
Exterior Features
Open Porch/Lanai, Built In Grill, Outdoor Kitchen
Garage Spaces
3
Lot Features
Zero Lot Line
New Construction YN
1
Other Structures
Outdoor Kitchen
Parking Features
Deeded, Driveway Paved, Guest, Paved, Under Bldg Closed, Attached
Parking Spots
3
Parking Total
3
Patio And Porch Features
Deck
Roof
Built-Up
Security Features
Smoke Detector(s), Fire Sprinkler System
View
Bay, City, Landscaped Area, Parking Lot, Water
Waterfront Features
Bay

Financial

HOA Fee
$32,000
Tax Year
2025
Taxes
$853

Map

Community

Subdivisions in NAPLES

Market Summary

Current real estate data for Lowrise in NAPLES as of Aug 11, 2026
1,482
Lowrise Listed
148
Avg DOM
371
Avg $ / SqFt
$620,565
Avg List Price

Property Summary

    Located in the VELA BAY subdivision, 1165 8TH ST S #302 NAPLES FL is a Lowrise for sale in NAPLES, FL, 34102. It is listed for $7,695,000 and features 4 beds, 5 baths, and has approximately 4,378 square feet of living space, and was originally constructed in 2024. The current price per square foot is $1,758. The average price per square foot for Lowrise listings in NAPLES is $371. The average listing price for Lowrise in NAPLES is $620,565. To schedule a showing of MLS#226028046 at 1165 8TH ST S #302 in NAPLES, FL, contact your Lori Fowler | Naples Luxury agent at 239-977-9939.

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1165 8TH ST S #302
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