Allegro is a distinguished beachfront condominium located at 4031 Gulf Shore Boulevard North in Naples'' prestigious Park Shore neighborhood. Built in 1981 by First Regency Development Corp./Lutgert, this 14-story building features four free-standing structures interconnected by breezeways, creating an elegant architectural design that maximizes Gulf views and natural light.

Residences

The community comprises 76 condominium units across 13 residential floors, with six units per typical floor. Residences range from 1,765 to over 2,500 square feet of living area, offering spacious floor plans with Gulf and bay views. Each residence includes its own covered parking space, with additional spaces available for purchase or lease.

Amenities & Lifestyle

Allegro provides residents with resort-style amenities including a Gulf-side pool and spa with expansive deck, cabana, and kitchen facilities. The building features a large party room for social gatherings, secured fitness facilities, a library, and a billiards room. The landscaped garden courtyard at ground level offers peaceful walkways around reflecting pools and fountains.

Location & Access

Situated directly on the beach in Park Shore, Allegro offers private beach access and the convenience of 24-hour security. The building''s prime location provides easy access to Naples'' finest dining, shopping, and cultural attractions while maintaining a private, residential atmosphere. Boat slips are available for sale or lease, adding to the waterfront lifestyle options.

Quick Facts

Residences
76 condominiums, 1,765-2,500 sq ft
Location
4031 Gulf Shore Blvd N, Park Shore
Established
1981
Lifestyle
Beachfront luxury with 24-hour security

Properties for Sale

Market Snapshot

There were no total sales in Allegro, Park Shore, Naples in August 2026, the same as in August 2025, according to NABOR MLS data through August 2026. The median closed price for condos was $2,400,000 in June 2026, based on a single sale that month. Median price per square foot for condos was $954 in June 2026, also based on one sale. The supply of homes for sale in Allegro was 5 condo units in August 2026, down from 8 condo units in August 2025. Months supply of homes for sale for condos was 3.8 months in August 2026, down from 8 months in August 2025. There were no pending sales in Allegro in August 2026.

September 2026 · Last updated Sep 2, 2026

Pricing

Track how home values are trending in Allegro. Median sale prices and price-per-square-foot data help buyers and sellers gauge current market positioning.

Median Closed Price

$2,400,000 as of June 2026.

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$1.2M$2.3M$3.4MMay 2023Jun 2024Oct 2025Jun 2026
View monthly data
MonthMedian Closed Price
May 2023$1,701,000
April 2024$2,250,000
June 2024$3,400,000
April 2025$3,500,000
October 2025$1,712,500
March 2026$1,112,543
June 2026$2,400,000

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through June 2026. Data deemed reliable but not guaranteed.

$954 as of June 2026.

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$538$953$1KMay 2023Jun 2024Oct 2025Jun 2026
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MonthMedian Prices per Sq ft
May 2023$870
April 2024$1,047
June 2024$1,352
April 2025$1,400
October 2025$826
March 2026$506
June 2026$954

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through June 2026. Data deemed reliable but not guaranteed.

Inventory

See how many homes are available in Allegro and how quickly inventory is moving. Months of supply indicates whether conditions favor buyers or sellers.

Homes For Sale

5 as of August 2026, down 37.5% year-over-year.

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0510Sep 2023Sep 2024Aug 2025Aug 2026
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MonthHomes For Sale
September 20257
October 20258
November 20258
December 20257
January 20269
February 20268
March 20268
April 20268
May 20267
June 20266
July 20265
August 20265

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through August 2026. Data deemed reliable but not guaranteed.

3.8 as of August 2026, down 52.5% year-over-year.

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1.35.59.7Aug 2023Aug 2024Aug 2025Aug 2026
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MonthMonths Supply
September 20257
October 20255.3
November 20255.3
December 20254.7
January 20266
February 20265.3
March 20266
April 20265.3
May 20264.7
June 20264.5
July 20263.8
August 20263.8

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through August 2026. Data deemed reliable but not guaranteed.

Activity

Monitor real estate transaction volume in Allegro. Pending and closed sales reflect the pace of buyer demand and overall market momentum.

Pending Sales

0 as of August 2026.

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011Sep 2023Sep 2024Aug 2025Aug 2026
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MonthPending Sales
September 20251
October 20251
November 20250
December 20250
January 20260
February 20261
March 20260
April 20260
May 20261
June 20260
July 20260
August 20260

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through August 2026. Data deemed reliable but not guaranteed.

0 as of August 2026.

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012Sep 2023Sep 2024Aug 2025Aug 2026
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MonthTotal Sales
September 20250
October 20252
November 20250
December 20250
January 20260
February 20260
March 20261
April 20260
May 20260
June 20261
July 20260
August 20260

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through August 2026. Data deemed reliable but not guaranteed.

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