18 Pelican St. E – #226023652

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18 Pelican St. E, Naples, FL 34113

$5,395,000 For Sale

Beds
4
Baths
4½
Sq Ft
5,101
Built
1995

MLS# 226023652 85 days on market

Fees & taxes

Seller’s 2025 taxes
$16,154

Questions about this home?
Ask about this home or arrange a tour.

Listing description

Introducing the Crown Jewel of Isles of Capri – 18 Pelican St E defines modern coastal luxury. Perfectly positioned to capture breathtaking views of the Gulf of America and Marco Bay, this exceptional waterfront residence offers the ultimate boating lifestyle with deep-water dockage and direct gulf access without bridges. Masterfully reimagined in 2024 and boasting over 5,000 sq/ft under air, this expansive three-story open-floor plan is being offered designer furnished and includes 4 bedrooms plus den, 5 bathrooms, an expansive in-law suite, rare commercial-grade elevator and a 6-car garage. Built for complete peace-of-mind living, this home is equipped with a brand-new standing seam metal roof, new impact windows and doors, new aluminum flood barriers, Generac generator, deep piling construction, new perimeter aluminum fencing and automatic gate, and 500-gallon propane tank. As you enter through the grand contemporary front door, you are immediately struck by the soaring ceiling height, suspended spiral chandelier, floor-to-ceiling green wall and inviting seating area with imported pine pillars. Dramatic floor-to-ceiling glass walls fill the interior with natural light and views of the water from all areas of the home. The chef’s kitchen is a vision of form and function, featuring Thermador appliances, custom wood and glass cabinetry, a spacious pantry and a sliding glass wall to dissolve the boundaries between indoors and out. Beautifully renovated bathrooms feature premium finishes, electric smart toilets, and digital shower controls. Additional interior improvements include new flooring throughout, custom built-in closets, premium lighting and plumbing fixtures, Venetian plastered walls, built-in ceiling sound system and so much more. The expansive in-law suite is comparable to a 5-star boutique hotel, with its own luxury kitchen, living room area and full bathroom. Outside, enjoy direct waterfront access with a brand-new dock that boasts a 32,000-pound boat lift that can accommodate up to a 45' boat, dedicated small boat crane and concrete pad, new seawall and extended concrete cap—creating an ideal setup for boating enthusiasts. Recent mechanical improvements include new A/C units, A/C duct work, PEX plumbing and instant-hot water heaters. Additional exterior updates include new paver driveway, new garage doors, new gutters, new aluminum window awnings, new irrigation system, new landscaping, new decking and railings on upstairs balcony. Rarely does a waterfront property become available with this level of functionality and attention to detail. Combining luxury finishes, extensive mechanical and structural improvements, and exceptional boating amenities, this home represents a truly turnkey opportunity in one of Naples' most desirable waterfront settings.

Property details

Building & ownership

Ownership
Single Family
Furnishings
Furnished
Building style
Contemporary, Multi-Story Home, Single Family
Floor plan
Other, 2 Story
Construction
Concrete Block, Stucco
Roof
Metal
Lot size
0.19 acres
Lot description
Cul-De-Sac

Interior

Features
Built-In Cabinets, Closet Cabinets, Custom Mirrors, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Wired for Sound, Volume Ceiling, Walk-In Closet(s), Window Coverings
Flooring
Tile
Cooling
Central Electric
Additional rooms
Attached Apartment, Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai

Kitchen & dining

Kitchen
Island, Pantry
Appliances
Electric Cooktop, Dishwasher, Double Oven, Dryer, Instant Hot Faucet, Microwave, Refrigerator/Freezer, Tankless Water Heater, Washer
Dining
Breakfast Bar, Dining - Family

Outdoor & view

View
Bay, Gulf, Gulf and Bay, Partial Gulf, River
Rear exposure
South
Exterior
Boat Dock Private, Boat Lift, Elec Avail at dock, Jet Ski Lift, Water Avail at Dock, Balcony, Open Porch/Lanai
Storm protection
Impact Resistant Doors, Impact Resistant Windows

Parking

Garage
Yes
Car port
No
Spots
6
Description
Driveway Paved, Electric Vehicle Charging Station(s), Attached

Pool & spa

Private pool
Yes
Private spa
No
Pool description
See Remarks

Waterfront

Waterfront
Yes
Description
Bay, Navigable, River Front, Seawall
Gulf access
Yes
Gulf access type
No Bridge(s)/Water Direct
Canal
None
Boat / dock
Boat Dock Private, Boat Lift, Elec Avail at dock, Jet Ski Lift, Water Avail at Dock

Community amenities

Amenities
None
Golf
No Golf Available
Elevator
Private
Security
Security System

What the fees cover

Maintenance
None

Pets & leasing

Pets allowed
Yes
Restrictions
None

Schools

Elementary
Tommie Barfield
Middle
Manatee
High
Lely

Additional details

Parcel number
52340760003
Potential short sale
No

Listing last updated October 3, 2026

Listing courtesy of Compass Florida LLC · 239-268-8976

Property taxes for a new owner

Estimated property taxes about $18,500 a year at the county’s value of this home and its 1.04% tax rate, including $262 in charges not based on value, no exemptions applied

On the county’s 2026 roll, the seller’s bill is about $16,400, lower because of a homestead exemption and a capped assessment, which end when the home sells.

If you make this home your primary residence, a homestead exemption would lower this figure. If you have also had a Florida homestead in any of the last three years, you may be able to carry up to $500,000 of its capped-value savings to this home, which Florida calls “portability.” Both are applied for with the Property Appraiser by March 1.

How a new owner’s property taxes are set is explained in the Costs & Taxes chapter of the 2027 Naples Buyer’s Guide.

Estimated from the Collier County Property Appraiser’s 2026 value of this home and its tax rate, plus its 2025 charges not based on value from the Collier County Tax Collector’s roll. The county sets a new value each January 1, so a new owner’s first full bill can differ.

Destinations & driving times from 18 Pelican St. E

Every destination named here is described in the Destinations chapter of the 2027 Naples Buyer’s Guide.

Driving times are estimated from this home’s location, using OpenStreetMap road data.

Dining & Shopping near 18 Pelican St. E – #226023652, by driving distance
NameMilesETA
Fifth Avenue South 16.6 mi 30 min
Third Street South 17.7 mi 33 min
Coastland Center 18.7 mi 34 min
Venetian Village 20.8 mi 38 min
Waterside Shops 21.7 mi 40 min
Galleria Shoppes at Vanderbilt 22.7 mi 41 min
Mercato 24.5 mi 44 min
Miromar Outlets 37.6 mi 54 min
Coconut Point 38.3 mi 57 min
Gulf Coast Town Center 42 mi 57 min

Flood zones & evacuation

Two different things, measured by two different agencies. Evacuation zones are about storm surge and who leaves first. Flood zones are FEMA’s insurance rating, and they vary from home to home.

Hurricane evacuation zone

Zone A Collier

The first zone ordered to evacuate, and the one called in the weakest storms.

Called firstCalled last
FEMA flood zone

Mostly Zone AE

1% annual chance, with a set base flood elevation

Most of the lot is inside a Special Flood Hazard Area, where a federally backed mortgage requires flood insurance. Part of the lot lies in another zone.

FEMA flood maps and Collier County Emergency Management. A revised Collier County flood map is in preparation and may change these zones.

A starting point, not a determination. Your lender will require its own flood zone determination before closing, and your insurer will normally require an elevation certificate — a surveyor’s measurement of how high the building actually sits — before quoting. Those documents govern; this does not replace either. Zones can also be amended individually through FEMA.

Flood zones, evacuation, and insurance are explained in the Risk, Resilience & Insurance chapter of the 2027 Naples Buyer’s Guide.

Flood zones across Isles of Capri

Jeffrey Waldman

Jeffrey Waldman

REALTOR® and Owner, Naples Abodes

Call (239) 450-3763 Text (239) 450-3763

Florida License SL3295589

“By far, Jeff has been the best.”
Ray & Diane Kolodziej

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