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Palazzo at Bayfront

1301 3rd Ave S, Naples, FL 34102

Palazzo at Bayfront

Palazzo at Bayfront is an exclusive luxury condominium development located in the heart of downtown Naples, Florida, offering a sophisticated waterfront lifestyle within the vibrant Bayfront community. The development features just 35 residences across two five-story buildings positioned along Third Avenue South, near the gateway to Fifth Avenue South. Palazzo offers three- and four-bedroom condominiums ranging from approximately 2,055 to 3,170 square feet of interior living space. Combining contemporary elegance with the colorful architectural character of Bayfront Naples, the development provides an intimate residential setting along the Gordon River. Unlike neighboring mixed-use buildings, Palazzo features dedicated ground-level parking rather than retail, with two covered parking spaces assigned to every residence. Its prime location offers convenient access to downtown Naples while maintaining a private residential atmosphere. The residences at Palazzo at Bayfront feature spacious floor plans, refined finishes, and thoughtfully designed interiors that complement Southwest Florida's coastal lifestyle. Gourmet kitchens showcase European cabinetry, quartz countertops, and premium appliances from Sub-Zero, Wolf, and Miele, creating elegant spaces for everyday living and entertaining. Expansive living and dining areas emphasize comfort and functionality, while eight-foot solid-core interior doors contribute to the residences' sophisticated design. Private terraces extend the living experience outdoors, providing inviting spaces to relax, entertain guests, and enjoy Naples' warm climate. Select penthouse residences offer additional living space and expansive outdoor terraces, creating an elevated residential experience. With only a limited collection of homes available, Palazzo emphasizes privacy, generous proportions, and contemporary luxury.

Building Amenities

Palazzo at Bayfront offers a collection of resort-inspired amenities designed for relaxation, recreation, and social gatherings. A beautifully landscaped pool deck features a resort-style swimming pool, spa, comfortable loungers, and private cabanas, creating an inviting outdoor retreat. Residents can enjoy covered lounging areas and barbecue facilities ideal for entertaining family and friends. The private clubhouse includes comfortable gathering spaces and a chef's kitchen, while a well-equipped fitness room supports an active lifestyle. Pickleball facilities provide additional recreational opportunities, and the pet-friendly community accommodates residents with four-legged companions. Nearby Bayfront Marina offers boat slips through separate arrangements, providing convenient access to Naples Bay and the Gulf of Mexico for boating enthusiasts. Situated within Bayfront Naples, Palazzo places residents near some of the city's most celebrated shopping, dining, cultural, and waterfront destinations. The renowned Fifth Avenue South is just moments away, offering upscale boutiques, acclaimed restaurants, art galleries, and entertainment venues. Directly across from the development, Gulfshore Playhouse provides access to professional theatrical performances and cultural events. Nearby Tin City features waterfront shopping and dining, while Third Street South offers additional restaurants, boutiques, and charming streetscapes. Residents can also enjoy the Bayfront boardwalk, nearby marina activities, and the beautiful beaches of Naples. Combining spacious luxury residences, resort-style amenities, and an exceptional downtown location, Palazzo at Bayfront presents a distinctive opportunity for buyers seeking an elegant condominium lifestyle in one of Southwest Florida's most desirable waterfront communities.

Condo overview

City:
Naples
Year built:
2027
Neighborhood:
Intracoastal
Price range:
$2M-$5.3M
Waterfront:
Yes
Bedrooms:
3-4
# of units:
35
Floors:
5
Pet friendly:
Yes
Development:
Stoneburner Development Group
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City MLS context

Palazzo at Bayfront · Market context

MLS market conditions for Naples - useful pricing and timing context for this building. Updated Nov 3, 2026.

Buyer-leaning
Naples lean

Elevated months of inventory - buyers have more negotiating room.

Median sold
$550,000
Median asking
$614,526
Days on market
76
Sale-to-list
9,610.0%
Absorption
11.82 mo
Sold / active
4 / 64

What this means for buyers & sellers

Ask vs sold gap
+10.5%
Median ask $614,526 vs sold $550,000
Monthly turnover
6%
4 sold vs 64 active
Under contract
13%
8 pending of 64 active
Sold price MoM
+0.9%
$550,000 vs $545,000

Figures are citywide MLS market statistics for Naples, not sales inside this building alone. View full Naples market

Palazzo at Bayfront current availability

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