The Terraces

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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

View all listings in The Terraces

Market Snapshot

The number of homes for sale in The Terraces, Park Shore, Naples was 6 in August 2026, a 20.0% increase from 5 in August 2025, according to NABOR MLS data through August 2026. This also represents a change from 7 homes for sale in July 2026. The months supply of inventory for condos in August 2026 was 6 months, an increase from 3.3 months in August 2025. In August 2026, there were no closed sales for condos or single-family homes in The Terraces. This is the same as in August 2025. The median closed price for condos in August 2025 was $1,050,000, based on 1 closed sale. There were no pending sales in August 2026, consistent with August 2025.

September 2026 · Last updated Sep 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

$1,050,000 as of June 2026.

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$930K$2.0M$3.0MFeb 2023Apr 2024Aug 2025Jun 2026
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MonthMedian Closed Price
February 2023$3,077,000
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

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

$839 as of June 2026.

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$639$1K$2KFeb 2023Apr 2024Aug 2025Jun 2026
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MonthMedian Prices per Sq ft
February 2023$1,755
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

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 The Terraces and how quickly inventory is moving. Months of supply indicates whether conditions favor buyers or sellers.

Homes For Sale

6 as of August 2026, up 20.0% year-over-year.

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3710Sep 2023Sep 2024Aug 2025Aug 2026
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MonthHomes For Sale
September 20255
October 20255
November 20254
December 20254
January 20263
February 20265
March 20265
April 20267
May 20266
June 20266
July 20266
August 20266

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

6 as of August 2026, up 81.8% year-over-year.

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1.65.69.7Aug 2023Aug 2024Aug 2025Aug 2026
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MonthMonths Supply
September 20253.8
October 20253.8
November 20253
December 20253
January 20262.3
February 20263.8
March 20264
April 20265.6
May 20265
June 20266
July 20266
August 20266

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 The Terraces. Pending and closed sales reflect the pace of buyer demand and overall market momentum.

Pending Sales

0 as of August 2026, down 100.0% year-over-year.

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011Sep 2023Sep 2024Aug 2025Aug 2026
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MonthPending Sales
September 20250
October 20250
November 20250
December 20250
January 20260
February 20260
March 20261
April 20261
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, down 100.0% year-over-year.

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012Sep 2023Sep 2024Aug 2025Aug 2026
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MonthTotal Sales
September 20251
October 20250
November 20250
December 20250
January 20260
February 20260
March 20261
April 20260
May 20261
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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