Old Naples Penthouse with Private Rooftop Oasis Heads to Auction
Residence 303 at Stella Naples, a penthouse-style luxury condominium in the heart of Old Naples, is set to go under the hammer in a no-reserve auction on April 20 through Elite Auctions. Previously listed at $4.35 million, the three-bedroom residence will be sold to the highest bidder, offering a rare opportunity to own a high-end property in one of Florida’s most desirable coastal neighborhoods.
Positioned just a short walk from both the beach and the vibrant dining scene of Old Naples, the residence embodies a highly sought-after lifestyle defined by convenience, luxury, and walkability. From morning strolls along the shoreline to evening dinners at nearby restaurants, the location allows residents to experience the best of Naples without relying on a car. Complementing this lifestyle is the home’s standout feature—a private rooftop terrace that offers a secluded outdoor retreat ideal for relaxation and entertaining.
Residence 303 is part of Stella Naples, an award-winning boutique development completed in 2024. Located at 82 9th Street South, the building consists of just nine exclusive units, creating an intimate residential environment with the refined feel of a luxury hotel. Designed to cater to discerning buyers, the property offers a “lock-and-leave” living concept, making it especially appealing for seasonal residents or those seeking a low-maintenance second home.
The architectural design of Stella Naples was led by MHK Architecture, a firm recognized for its innovative and elegant approach to coastal living spaces. The project earned top honors as a grand winner at the 2025 Aurora Awards, further underscoring its design excellence and market appeal. Within the building, Residence 303 stands out as one of the largest and most distinctive homes, combining thoughtful layout with premium design elements.
One of the most unique aspects of the residence is its private internal staircase, which leads directly to an expansive rooftop terrace. This exclusive outdoor space functions as a personal oasis, offering residents a rare combination of privacy and open-air luxury in an urban coastal setting. Whether used for entertaining guests, enjoying sunset views, or simply unwinding, the rooftop enhances the overall living experience in a way few comparable properties can match.
Access to the residence is equally distinctive. Guests enter via an open-air catwalk, creating a memorable arrival experience that sets the tone for the home’s modern yet relaxed aesthetic. Inside, the interiors have been carefully curated by LVD Spaces, incorporating a blend of contemporary design and high-end finishes. Features include European hardwood flooring, designer wallpaper accents, and custom wall treatments, all of which contribute to a refined and cohesive interior environment.
The residence is designed to meet the expectations of today’s luxury buyers, who increasingly seek homes that balance sophistication with ease of ownership. The “lock-and-leave” concept ensures that the property can be securely maintained while owners are away, making it an ideal choice for those who split their time between multiple locations.
Tara McLean, president and co-founder of Elite Auctions, highlighted how the property aligns with evolving buyer preferences. She noted that affluent buyers today are looking for homes that deliver both visual impact and practical convenience.
“Today’s affluent buyers want stunning when they’re in town, effortless when they’re not,” McLean said. “This residence captures the ‘new’ Naples lifestyle—cosmopolitan, secure, and entirely walkable. It’s also one of the few properties that seamlessly accommodates both luxury living and pet ownership, which is increasingly important to today’s buyers.”
The inclusion of pet-friendly features adds another layer of appeal, reflecting a broader trend in luxury real estate where accommodations for pets are becoming a key consideration. Combined with its high-end finishes and prime location, Residence 303 offers a well-rounded living experience tailored to modern lifestyles.
The decision to bring the property to a no-reserve auction introduces an additional element of excitement and urgency. Without a reserve price, the home will sell to the highest bidder, potentially attracting a wide range of interested buyers and creating a competitive bidding environment. This approach is increasingly being used in the luxury real estate market to generate strong interest and ensure a timely sale.
As the auction date approaches, Residence 303 at Stella Naples stands out as a rare offering that combines architectural excellence, premium amenities, and an unbeatable location. For buyers seeking a sophisticated coastal residence with both privacy and accessibility, this penthouse-style home represents a unique opportunity in the heart of Old Naples.
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