The Terraces
The Terraces is a beachfront condominium community located at 4751 Gulf Shore Blvd N in Naples'' prestigious Park Shore neighborhood. Built in 1986 by the Lutgert Companies, this 18-story building offers incredible views of both the Gulf of Mexico and Venetian Bay.
Residences
The community features 116 residential units ranging from 1,250 to 2,000 square feet of living area. Each residence includes one under-building parking space.
Amenities & Services
The Terraces provides residents with a full range of beachfront amenities including a pool and spa, barbecue grills, a social room, fitness facility, library, sauna, and three guest suites. The building offers 24-hour front desk security, a resident manager, bike storage, and a vehicle wash area. Residents enjoy direct beach access to a private beach.
Location
Situated in Park Shore, The Terraces offers a prime beachfront location with easy access to Naples'' dining, shopping, and cultural attractions. The building''s position provides stunning water views and direct beach access.
Quick Facts
- Residences
- 116 condominiums
- Location
- Park Shore
- Established
- 1986
- Lifestyle
- Beachfront living
Properties for Sale
Market Snapshot
The median closed price for condos in The Terraces, Park Shore, Naples was $1,000,000 in September 2026, down 44.4% from $1,800,000 a year earlier, according to NABOR MLS data through September 2026. For all property types, the median price per square foot was $799 in September 2026, down from $1,102 in September 2025. These figures are based on a small sample of transactions. Condo inventory in The Terraces totaled 3 units for sale in September 2026, down from 5 units in September 2025. This contributed to a months supply of inventory for condos of 3 months in September 2026, a decrease from 3.8 months in September 2025. There were 3 pending condo sales in September 2026, compared to no pending sales in September 2025. Total condo sales in September 2026 were 1, which was the same as September 2025.
October 2026 · Last updated Oct 2, 2026
Pricing
Track how home values are trending in The Terraces. Median sale prices and price-per-square-foot data help buyers and sellers gauge current market positioning.
Median Closed Price
$1,000,000 as of September 2026, down 44.4% year-over-year.
View monthly data
| Month | Median Closed Price |
|---|---|
| April 2023 | $1,412,500 |
| August 2023 | $1,250,000 |
| December 2023 | $950,000 |
| April 2024 | $1,400,000 |
| May 2024 | $2,350,000 |
| June 2025 | $1,387,500 |
| August 2025 | $1,050,000 |
| September 2025 | $1,800,000 |
| March 2026 | $850,000 |
| May 2026 | $1,399,900 |
| June 2026 | $1,050,000 |
| September 2026 | $1,000,000 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Median Prices per Sq ft
$799 as of September 2026, down 27.5% year-over-year.
View monthly data
| Month | Median Prices per Sq ft |
|---|---|
| April 2023 | $1,128 |
| August 2023 | $998 |
| December 2023 | $759 |
| April 2024 | $976 |
| May 2024 | $1,438 |
| June 2025 | $746 |
| August 2025 | $839 |
| September 2025 | $1,102 |
| March 2026 | $597 |
| May 2026 | $763 |
| June 2026 | $839 |
| September 2026 | $799 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Median Closed Price
$1,000,000 as of September 2026, down 44.4% year-over-year.
View monthly data
| Month | Median Closed Price |
|---|---|
| April 2023 | $1,412,500 |
| August 2023 | $1,250,000 |
| December 2023 | $950,000 |
| April 2024 | $1,400,000 |
| May 2024 | $2,350,000 |
| June 2025 | $1,387,500 |
| August 2025 | $1,050,000 |
| September 2025 | $1,800,000 |
| March 2026 | $850,000 |
| May 2026 | $1,399,900 |
| June 2026 | $1,050,000 |
| September 2026 | $1,000,000 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
$799 as of September 2026, down 27.5% year-over-year.
View monthly data
| Month | Median Prices per Sq ft |
|---|---|
| April 2023 | $1,128 |
| August 2023 | $998 |
| December 2023 | $759 |
| April 2024 | $976 |
| May 2024 | $1,438 |
| June 2025 | $746 |
| August 2025 | $839 |
| September 2025 | $1,102 |
| March 2026 | $597 |
| May 2026 | $763 |
| June 2026 | $839 |
| September 2026 | $799 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Inventory
See how many homes are available in The Terraces and how quickly inventory is moving. Months of supply indicates whether conditions favor buyers or sellers.
Homes For Sale
3 as of September 2026, down 40.0% year-over-year.
View monthly data
| Month | Homes For Sale |
|---|---|
| October 2025 | 5 |
| November 2025 | 4 |
| December 2025 | 4 |
| January 2026 | 3 |
| February 2026 | 5 |
| March 2026 | 5 |
| April 2026 | 7 |
| May 2026 | 6 |
| June 2026 | 6 |
| July 2026 | 6 |
| August 2026 | 6 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Months Supply
3 as of September 2026, down 21.1% year-over-year.
View monthly data
| Month | Months Supply |
|---|---|
| October 2025 | 3.8 |
| November 2025 | 3 |
| December 2025 | 3 |
| January 2026 | 2.3 |
| February 2026 | 3.8 |
| March 2026 | 4 |
| April 2026 | 5.6 |
| May 2026 | 5 |
| June 2026 | 6 |
| July 2026 | 6 |
| August 2026 | 6 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Homes For Sale
3 as of September 2026, down 40.0% year-over-year.
View monthly data
| Month | Homes For Sale |
|---|---|
| October 2025 | 5 |
| November 2025 | 4 |
| December 2025 | 4 |
| January 2026 | 3 |
| February 2026 | 5 |
| March 2026 | 5 |
| April 2026 | 7 |
| May 2026 | 6 |
| June 2026 | 6 |
| July 2026 | 6 |
| August 2026 | 6 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
3 as of September 2026, down 21.1% year-over-year.
View monthly data
| Month | Months Supply |
|---|---|
| October 2025 | 3.8 |
| November 2025 | 3 |
| December 2025 | 3 |
| January 2026 | 2.3 |
| February 2026 | 3.8 |
| March 2026 | 4 |
| April 2026 | 5.6 |
| May 2026 | 5 |
| June 2026 | 6 |
| July 2026 | 6 |
| August 2026 | 6 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Activity
Monitor real estate transaction volume in The Terraces. Pending and closed sales reflect the pace of buyer demand and overall market momentum.
Pending Sales
3 as of September 2026.
View monthly data
| Month | Pending Sales |
|---|---|
| October 2025 | 0 |
| November 2025 | 0 |
| December 2025 | 0 |
| January 2026 | 0 |
| February 2026 | 0 |
| March 2026 | 1 |
| April 2026 | 1 |
| May 2026 | 1 |
| June 2026 | 0 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Total Sales
1 as of September 2026, up 0.0% year-over-year.
View monthly data
| Month | Total Sales |
|---|---|
| October 2025 | 0 |
| November 2025 | 0 |
| December 2025 | 0 |
| January 2026 | 0 |
| February 2026 | 0 |
| March 2026 | 1 |
| April 2026 | 0 |
| May 2026 | 1 |
| June 2026 | 1 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 1 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
Pending Sales
3 as of September 2026.
View monthly data
| Month | Pending Sales |
|---|---|
| October 2025 | 0 |
| November 2025 | 0 |
| December 2025 | 0 |
| January 2026 | 0 |
| February 2026 | 0 |
| March 2026 | 1 |
| April 2026 | 1 |
| May 2026 | 1 |
| June 2026 | 0 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 3 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
1 as of September 2026, up 0.0% year-over-year.
View monthly data
| Month | Total Sales |
|---|---|
| October 2025 | 0 |
| November 2025 | 0 |
| December 2025 | 0 |
| January 2026 | 0 |
| February 2026 | 0 |
| March 2026 | 1 |
| April 2026 | 0 |
| May 2026 | 1 |
| June 2026 | 1 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 1 |
Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through September 2026. Data deemed reliable but not guaranteed.
