Two-Story Penthouses, a 24-Hour Front Desk and Three Leases a Year
Salerno is a 20-story Gulf-view tower of 69 residences at 8930 Bay Colony Drive, completed in 2000 beside Toscana. Private elevators open directly into each residence, a doorman keeps the front desk around the clock, and the building faces southwest over the mangroves of Clam Pass to the Gulf, with the Park Shore skyline to the south. Its two-story penthouses under 20-foot ceilings run past 5,200 square feet, and it permits three leases a year, as many as any tower in Bay Colony. Seven residences sold between September 2024 and September 2026 at a median of $2.9 million, about $1,077 a square foot.
Salerno at a Glance
| Address | 8930 Bay Colony Drive, Naples, FL 34108 — the Gulf-view side of Bay Colony, beside Toscana |
| Year Built | 2000 |
| Residences | 69 on 20 stories, up to four per floor in stacks 01 to 04, plus two-story penthouses |
| Floor Plans | 01 and 04 — 3 BR or 3 BR + den, 3 BA, 2,900 sq ft · 02 and 03 — 3 BR, 3 BA, 2,600 sq ft |
| Penthouses | Two-story, with 20-foot ceilings, more than 5,200 sq ft |
| Sales | 7 from September 2024 to September 2026, $2.45 million to $3.75 million, median $2.9 million |
| Annual Fees | About $49,000 to $57,000 a year in 2025 and 2026 listings, roughly $17 to $20 a square foot |
| Views | Southwest over Clam Pass to the Gulf from the fourth floor up; Upper Clam Bay and the Park Shore skyline to the south; mangroves from the lower floors |
| Elevators | Private elevators open directly into the residences |
| Amenities | Heated pool and whirlpool spa on a landscaped garden deck, poolside cabanas with full bath, wet bar and refrigerator, grilling pavilion with wet bar, fitness center, social room with bar and kitchen, media room, board room, two guest suites, bicycle storage |
| Staff | 24-hour front desk doorman and security, closed-circuit monitoring, professional management |
| Parking & Storage | Two enclosed spaces per residence; air-conditioned storage on the garage level; guest and service parking |
| Pets | Up to two dogs or cats, each up to 15 inches at the shoulder and 25 lb |
| Leasing | Up to three times per year, 90-day minimum |
| Club Privileges | Bay Colony Beach Club and Tennis Club membership with the residence; Pelican Bay Foundation amenities |
Salerno at Bay Colony - Active Listings
Request a Curated Selection of Salerno Residences
No Salerno residence was offered on September 24, 2026; the 04 stack, nearest the Gulf, has sold at the highest prices per foot. Tell us your preferred floor, stack and exposure and we will keep you first in line, including for residences being prepared for market. Call (239) 438-1102.
Salerno Sales, September 2024 to September 2026
Seven Salerno residences closed in the two years to September 24, 2026, from $2.45 million to $3.75 million, at a median of $2.9 million and about $1,077 a square foot, the most sales of the five Gulf-view buildings and the lowest median price per foot among Bay Colony’s Gulf-view towers. Five of the seven sold in the last twelve months, and the market firmed as it did: a fourteenth-floor 04-stack residence sold in June 2026 for $3.75 million, about $1,293 a square foot and within 4% of its asking price. On September 24, 2026, nothing was offered, and one residence came off the market unsold over the summer.
| Residence | Sold | Per Sq Ft |
|---|---|---|
| Residence 1404 04 stack · 3 BR + den · 2,900 sq ft |
$3,750,000 Jun 2026 |
$1,293 |
| Residence 604 04 stack · 3 BR + den · 2,900 sq ft |
$3,675,000 Jun 2025 |
$1,267 |
| Residence 703 03 stack · 3 BR · 2,600 sq ft |
$3,107,000 Jul 2026 |
$1,195 |
| Residence 301 01 stack · 3 BR · 2,900 sq ft |
$2,900,000 Mar 2026 |
$1,000 |
| Residence 1103 03 stack · 3 BR · 2,600 sq ft |
$2,800,000 Feb 2025 |
$1,077 |
| Residence 902 02 stack · 3 BR · 2,600 sq ft |
$2,650,000 Aug 2026 |
$1,019 |
| Residence 303 03 stack · 3 BR · 2,600 sq ft |
$2,450,000 Jan 2026 |
$942 |
Closed sales reported through the Naples Area Board of REALTORS® MLS, September 2024 to September 2026. Price per square foot uses the living area in each MLS record.
Four Stacks and the Penthouses
The 01 and 04 stacks are the larger plans at 2,900 square feet, and the 04 stack sits nearest the Gulf, with the widest views in the building; it also sold at the highest prices per foot. The 02 and 03 stacks are three-bedroom plans of 2,600 square feet. Below the fourth floor the outlook is mostly mangroves, and the Gulf opens from the fourth floor up. At the top, the two-story penthouses rise under 20-foot ceilings to more than 5,200 square feet.
| Plan | Sales | Per Sq Ft |
|---|---|---|
| 01 stack 3 BR · 2,900 sq ft |
1 sale $2.9M |
$1,000 per sq ft |
| 02 stack 3 BR · 2,600 sq ft |
1 sale $2.65M |
$1,019 per sq ft |
| 03 stack 3 BR · 2,600 sq ft |
3 sales $2.45M to $3.107M |
$1,077 median per sq ft |
| 04 stack 3 BR + den · 2,900 sq ft · nearest the Gulf |
2 sales $3.675M and $3.75M |
$1,267 to $1,293 per sq ft |
| Penthouses Two-story · 20-foot ceilings · more than 5,200 sq ft |
No sales in the period |
— |
Fees, Leasing and the Building
Salerno listings in 2025 and 2026 report total annual recurring fees of about $49,000 to $57,000, roughly $17 to $20 a square foot a year, which include a 24-hour front desk.
Florida’s condominium safety law requires buildings of three stories or more to complete a milestone structural inspection at 30 years (25 where the local building official requires it) and every 10 years after, and a structural integrity reserve study every 10 years, the first of which was due by December 31, 2025. Completed in 2000, Salerno reaches the 30-year mark in 2030; ask for the latest reserve study, budget and any engineering or inspection reports with any contract. Resale buyers have seven days after receiving the condominium documents to cancel.
Salerno permits up to three leases a year with a 90-day minimum, matched in Bay Colony only by Contessa, which suits an owner who spends part of the season elsewhere. No Salerno lease was recorded in the MLS over the past two years, as much of Bay Colony’s seasonal leasing is arranged privately. Our Bay Colony seasonal rentals page covers the rules building by building, and the Bay Colony Market Report follows Salerno’s sales each month.
Where Salerno Sits in Bay Colony
Salerno is number 9 on the map below, on the Gulf-view side of Bay Colony between Mansion La Palma (8) to the north and Toscana (10) to the south, looking southwest over Upper Clam Bay and the mangroves toward the Gulf. Trieste (7) is at the north end, Marquesa (11) is just inside the gate, and the six beachfront towers (1 to 6) and the Bay Colony Beach Club are to the west on the Gulf.
Bay Colony’s towers, buildings and estate communities. Map by Alpizar & Company.
Salerno from Above
The Bay Colony Lifestyle
The poolside cabanas and grilling pavilion make the garden deck an outdoor room of its own, and the private Bay Colony Beach Club, with Gulf-front dining and chair and umbrella service, and the Bay Colony Tennis Club are a short distance along Bay Colony Drive. Membership in both comes with the residence, along with Pelican Bay Foundation privileges, including the tram to the Pelican Bay beach. Waterside Shops, Artis—Naples and Mercato are minutes away. Compare its neighbor Toscana, the larger plans at Trieste, or all five Bay Colony Gulf-view condos side by side. If you own at Salerno, see Selling in Bay Colony.
Bay Colony Communities
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Gulf-View Condos | View All
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More About Bay Colony
Salerno FAQs
Where is Salerno at Bay Colony?
At 8930 Bay Colony Drive, Naples, FL 34108, on the Gulf-view side of Bay Colony beside Toscana, inside the guard-gated enclave within Pelican Bay in North Naples, a short distance from the Bay Colony Beach Club.
How much do Salerno condos cost?
Seven Salerno residences sold between September 2024 and September 2026, from $2.45 million to $3.75 million, at a median of $2.9 million and about $1,077 a square foot. The highest prices per foot were paid in the 04 stack.
How large are the residences at Salerno?
Standard residences are 2,900 square feet in the 01 and 04 stacks and 2,600 square feet in the 02 and 03 stacks, all with three bedrooms and three baths, some with a den. The two-story penthouses, under 20-foot ceilings, exceed 5,200 square feet.
Is Salerno on the beach?
No. Salerno is a Gulf-view tower set behind the mangrove preserve, with Gulf views from the fourth floor up. The private Bay Colony Beach Club, included with ownership, provides dining and attended beach service on the sand a short distance away.
What are the HOA fees at Salerno?
Listings in 2025 and 2026 report total annual recurring fees of about $49,000 to $57,000 a year, roughly $17 to $20 a square foot. Confirm the current budget and any assessments with the association.
Can I rent out a Salerno residence?
Yes. Salerno allows up to three leases per year with a 90-day minimum, subject to association approval, matched among Bay Colony’s towers only by Contessa. Confirm the current policy in the condominium documents before purchasing with rental income in mind.
Are pets allowed at Salerno?
Yes. Owners may keep up to two dogs or cats, each up to 15 inches at the shoulder and 25 pounds. Confirm the current rules with the association before closing.
Does Salerno have a front desk?
Yes. A doorman staffs the front desk 24 hours a day to greet guests and receive packages, and private elevators open directly into the residences.
Unit counts, dimensions, fees, pet and leasing terms are drawn from MLS records, public sources and association materials, are believed reliable but not guaranteed, and should be verified against current governing documents before purchase.
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Alpizar & Company is a family-owned independent brokerage specializing in luxury waterfront real estate in Naples, Marco Island and Bonita Springs. Led by Robert Alpizar (CLHMS, GRI, SRS, PSA) and Marlene Alpizar, our team operates as advisors — not salespeople — guiding buyers and sellers with firsthand local expertise and no corporate quotas.
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