$1,500,000 Price Reduction since March 2nd 2026. An extraordinary opportunity to own a one-of-a-kind waterfront estate in the heart of Park Shore. Majestically positioned behind a gated and walled entrance, this architecturally distinctive residence is defined by its quoined white stucco façade, dark-trimmed windows and doors, and timeless copper accents—setting it apart from all other newer homes in the area. Upon entry, you're greeted by gleaming marble floors, crisp white walls adorned with detailed moldings and volume ceilings with intricate finishes in white, gold leaf, and rich wood tones. The dramatic two-story living room stuns with a floor-to-ceiling limestone fireplace, a sweeping circular marble staircase, multiple crystal chandeliers, and a custom 3-sided glass wine vault—an entertainer’s showpiece. All flooring material either marble, tile, wood, no carpet. The open-concept great room and chef’s kitchen are ideal for both daily living and grand-scale entertaining. Designed to flow seamlessly to the outdoors, the space opens to an expansive covered lanai complete with a fireplace, grill area, fire bowls, and a stunning negative-edge pool and spa. All of this is framed by panoramic water views and leads to the home’s 94-foot dock, which features a stone deck with water-viewing panels—perfect for boating enthusiasts, sun bathers and waterfront living. Offering five en-suite bedrooms, including dual primary suites—one on the main level and another on the second floor. Each primary suite is designed as a private retreat, with its own luxurious bathroom and oversized custom walk-in closets. The upper-level suite boasts two separate spa-inspired baths and extravagant dressing room. Three additional guest suites ensure comfort and privacy for family and visitors alike. Additional features include a second-floor lounge, private den, oversized pantry, three separate laundry rooms for convenience, a four-car garage, and a full-house generator. The home is equipped with a fully integrated Control4 smart home system, allowing seamless control of lighting, audio, window treatments, and more from anywhere. Improvements in 2023 & 2024: repaint of entire exterior, refreshed landscaping and new whole house water purification system. This exceptional residence combines elegant design, luxurious finishes, and the best of Naples waterfront living—all within minutes of the beach, Venetian Village, and the renowned shopping and dining of downtown Naples.
Single-familyProperty Type
2015Year Built
0.37 acresLot Size
$977Price/Sq.Ft.
4 car garageParking
Listed by Tom Ostrander• Compass Florida LLC
Bought with Bogdan Afloarei• Premiere Plus Realty Company
Est. $10,115 per month, based on comparable rentals
Sale and tax history for 233 Mermaids Bight
Sale History
Tax History
Date
Event
Price
NAPLESMLS #225018455
Jul 23, 2026
Sold
$8,200,000
$977/sq ft
Jun 16, 2026
Pending
—
May 31, 2026
Pending
—
Apr 13, 2026
Price Changed
$9,475,000
$1,129/sq ft
Mar 2, 2026
Price Changed
$9,975,000
$1,189/sq ft
Nov 18, 2025
Price Changed
$10,975,000
$1,308/sq ft
Aug 5, 2025
Price Changed
$11,475,000
$1,368/sq ft
Apr 28, 2025
Relisted
—
Apr 28, 2025
Listing Removed
—
Apr 28, 2025
Listed
$11,975,000
$1,427/sq ft
NAPLESMLS #222042452
Apr 14, 2024
Listing Removed
—
Feb 6, 2024
Price Changed
$12,995,000
$1,549/sq ft
Nov 27, 2023
Price Changed
$13,995,000
$1,668/sq ft
Feb 25, 2023
Price Changed
$14,500,000
$1,728/sq ft
Feb 13, 2023
Price Changed
$15,495,995
$1,847/sq ft
Jan 2, 2023
Price Changed
$15,995,000
$1,906/sq ft
Nov 14, 2022
Price Changed
$16,500,000
$1,966/sq ft
Jun 11, 2022
Listed
$18,500,000
$2,205/sq ft
NAPLESMLS #220077298
Aug 5, 2021
Sold
$13,700,000
$1,633/sq ft
Jun 17, 2021
Pending
—
Apr 7, 2021
Pending
—
Dec 4, 2020
Listed
$15,000,000
$1,788/sq ft
A masterfully crafted custom waterfront residence located within minutes of the best Naples has to offer. This home exudes timeless elegance with exquisite attention to detail like its soaring living room and rotunda which both feature gold leafing on the ceilings, Italian crystal lighting, lavish furnishings, custom ceiling designs in every room, a stunning 600-bottle climate-controlled wine vault, a beautifully appointed kitchen featuring a 12-foot island and a smart home system that controls music, lighting, window shades and much more. The expansive floor plan wonderfully showcases the meticulously designed spaces such as a 4-car garage and elevator, 4 en-suite guest bedrooms with elegant finishes, a private study, a second-floor lounge with custom wet bar and the incredible master suite which features a fireplace, dual bathrooms and dual master closets which will truly impress. The coral-stone lanai, pool deck and dock are perfect for entertaining with automated shutters, awnings and screens, an outdoor kitchen, infinity saltwater pool/spa and 3 fire features. This one-of-a-kind home was lovingly built, designed with every detail in mind and is ready to impress.
NAPLESMLS #213511848
Jan 29, 2014
Sold
$2,100,000
$250/sq ft
Jan 29, 2014
Price Changed
$2,195,000
$262/sq ft
Dec 6, 2013
Listed
$2,100,000
$250/sq ft
NAPLESMLS #206048596
Jul 17, 2012
Sold
$1,410,000
$168/sq ft
Oct 27, 2006
Listed
$1,495,000
$178/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$93,738 (+17.7%)
$3,837,846 + $6,542,679
$10,380,525
2024
$79,622 (−15.9%)
$3,837,846 + $6,542,679
$10,380,525
2023
$94,658 (+9.4%)
2022
$86,495 (+53.9%)
2021
$56,219 (+2.5%)
$3,882,309 + $4,926,811
$8,809,120
2020
$54,849 (+1.2%)
2019
$54,197 (+2.1%)
2018
$53,081 (+1.5%)
2017
$52,282 (+1.7%)
2016
$51,412 (+130.5%)
2015
$22,305 (+4.1%)
$2,092,104
2014
$21,425
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
2015
Sq. Ft.
4,333
Year built
2015
Style
Single Family Residential
County
Collier County
APN
15950840004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
R1-10A
Residence District
The R1-10A district is a single-family residence district
Permitted uses
Include but are not limited to:
Housing-Single unit
Mar 19, 2015 • Final
Plumbing
Install a new irrigation system.
Grading
Plumbing
Feb 3, 2015 • Final
Fuel/gas
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.