Gated waterfront condominiums at the southwestern tip of Isles of Capri, with deeded slips and the Marco River on three sides.
La Peninsula occupies the point where the Marco River meets Capri Pass, a gated enclave of condominium residences with water on three sides and the protected estuaries of Rookery Bay beyond. Owners can hold a deeded slip, and the run to open water is short. It is a boating address first, and everything else about it follows from that.
La Peninsula at a Glance
| Location | Southwestern tip of Isles of Capri, on the Marco River facing Capri Pass, in unincorporated Collier County |
| Buildings | Six buildings on La Peninsula Boulevard, built from 1986 to 1995, each with its own association under a master association |
| Twin Dolphins | A 2002 mid-rise of 37 residences at 700 La Peninsula Boulevard, within the community |
| Floor Plans | Two-bedroom residences of about 1,440 to 1,860 square feet; larger plans of about 2,090 to 2,200 |
| Amenities | Gated entry, a large pool and spa, clubhouse, fitness center and clay tennis courts |
| Boating | Deeded slips available within the community; the Marco River and Capri Pass to the Gulf |
| Sales | 19 residences from September 2024 to September 2026, $462,500 to $1.05 million, median $665,000 |
| Rentals | One rental per 30-day period under the published rules; County short-term rental registration applies |
La Peninsula - Active Listings
Request a Curated Selection of La Peninsula Residences
What separates two residences here is the view, the floor and whether a slip comes with it. Tell us the vessel you keep and the view you want and we will assemble a private selection, including residences being quietly prepared for market. Call (239) 438-1102.
What La Peninsula Residences Sell For
Nineteen residences in the six La Peninsula buildings sold between September 1, 2024 and September 24, 2026, at a median of $665,000, and three more sold at Twin Dolphins. The floor plans repeat across the buildings, so size is the first dividing line.
| Residence | Sold, Sep 2024 to Sep 2026 | Offered Sep 24, 2026 |
|---|---|---|
| Two bedrooms, two baths About 1,440 square feet |
8 · $525,000 to $1.0M Median $615,000 |
2 · $849,000 and $895,000 |
| Two bedrooms, two and a half baths About 1,750 to 1,860 square feet |
8 · $462,500 to $920,000 Median $652,500 |
4 · $550,000 to $949,000 |
| Larger plans About 2,090 to 2,200 square feet, mostly three bedrooms |
3 · $800,000 to $1.05M | 1 · $949,000 |
| Twin Dolphins About 2,900 square feet and up |
3 · $1.27M to $1.65M | 3 · $1.0M to $1.699M |
The spread within each size is wider than the spread between them, and the reason is the view. Residences whose listings described frontage toward Capri Pass and the Gulf sold at a median of about $477 per square foot, against about $370 for residences facing the river and the bays, a premium of close to 30%. Floor, finish and whether a slip conveys account for the rest. That is why a two-bedroom residence of 1,440 square feet has sold for anything from $525,000 to $1.0 million.
The Market Now
Prices have softened. Ten residences in the six buildings sold in the twelve months to September 24, 2026, at a median of $567,500 and about $378 per square foot, against $875,000 and $477 in the twelve months before. Part of that is mix, because fewer of the larger and Gulf-facing residences sold, but the direction is clear: residences closed at about 77% of their original asking price, after a median of 155 days, and one that sold for $665,000 in October 2024 sold again for $550,000 in March 2026.
On September 24, 2026, seven residences in the six buildings were offered, from $550,000 to $949,000, and three at Twin Dolphins from $1.0 million to $1.699 million, one of them listed for more than 600 days after starting at $1.595 million. Four more residences came off the market unsold between late May and September. For a buyer, that is room to negotiate; for a seller, it means pricing from the recent sales rather than from the asking prices around you. Our Selling on Isles of Capri guide covers how we price here.
Naples market reports, updated monthly: closed sales, median prices, months of supply and price per square foot for every Naples waterfront neighborhood in the Naples Waterfront Market Report, with the month’s highlights in our September 2026 waterfront roundup.
By neighborhood: Aqualane Shores · Bay Colony · Coquina Sands · Isles of Capri · The Moorings · Olde Naples · Park Shore · Pelican Bay · Port Royal · Royal Harbor · The Dunes · Vanderbilt Beach
Twin Dolphins
Twin Dolphins, completed in 2002 at 700 La Peninsula Boulevard, is the newest and largest building within the community: 37 residences on seven floors, from about 2,900 square feet up, with its own pool and spa overlooking Capri Pass, a fitness room and guest suites. Three residences sold between September 2024 and September 2026, for $1.27 million to $1.65 million, and three were offered on September 24, 2026. For a buyer who wants the space of a house with the ease of a condominium and a slip on the river, it has no equal on Isles of Capri.
The Setting
Isles of Capri is four connected mangrove islands between Naples and Marco Island, dredged and joined from 1956 and still unincorporated Collier County. La Peninsula sits at the far southwestern end, which is the reason to be here: the residences look out across the Marco River, Capri Pass and the open bays, and the water is on three sides rather than at the end of a canal. The community is gated and quiet, with a large pool and spa, a clubhouse, a fitness center and clay tennis courts. Naples is roughly twenty minutes north and Marco Island about ten minutes south, close to both without being inside either.
Boating and Slips
This is the part that decides most purchases here. Deeded slips are available within the community, but a slip is a separate asset from the residence: some owners hold one, others lease, and availability changes, so a residence and a berth are often two transactions rather than one. The route out runs down the Marco River and through Capri Pass to the Gulf without a fixed bridge.
Confirm three things before an offer: whether a slip conveys with the residence you are considering, what it costs to own or lease and on what terms, and the depth at that particular berth at low tide, which matters in the shallow waters around the islands. We put all three in writing before you commit. Buyers weighing this against other options should also look at boat slips for sale in Naples and Naples condos with a boat slip.
Rentals and Rules
La Peninsula’s published rules allow one rental per 30-day period and up to two pets of up to 30 pounds each; each building’s association and the master association set the details, so confirm them in the documents for the specific residence. Because Isles of Capri is unincorporated, owners who rent for six months or less must also register the property with Collier County; our guide to Collier County vacation rental registration sets out the steps. For guests looking at a stay on the islands, see Isles of Capri vacation rentals.
Before You Buy
The six buildings date from 1986 to 1995, so ask for the milestone inspection report and structural integrity reserve study where they apply, the budget and reserves of both the building and the master association, recent and pending assessments, the insurance policy and the elevation certificate. Ground-floor residences and storage sit closest to the water, so ask about storm history as well.
Who It Suits
La Peninsula makes sense for an owner whose boat is the point of the property, and who would rather have water on three sides and a short run to the Gulf than a downtown address. It suits seasonal owners well, since a gated condominium is far less demanding to leave for six months than a waterfront house. It suits a buyer who wants to walk to dinner considerably less: Isles of Capri has a handful of good waterfront restaurants and little else, and Fifth Avenue South is a drive. Buyers who want restaurants and galleries at the door should look at Olde Naples condominiums instead, and we would rather say that early than at the third showing.
More About Isles of Capri
The wider islands run from original canal homes on the interior streets to new bayfront homes on Pelican Street and Dolphin Circle, alongside Marco Towers and Tarpon Village. Our Isles of Capri guide compares every part of the market, from the least expensive condominiums to the top of the bayfront.
Explore Isles of Capri
Nearby Waterfront
La Peninsula Questions
Where is La Peninsula?
At the southwestern tip of Isles of Capri, the four connected islands off Collier Boulevard between Naples and Marco Island. The residences overlook the Marco River, Capri Pass and the surrounding bays, with Naples roughly twenty minutes north and Marco Island about ten minutes south.
How much do La Peninsula condos cost?
Between September 2024 and September 2026, 19 residences in the six La Peninsula buildings sold for $462,500 to $1.05 million, at a median of $665,000. Two-bedroom residences of 1,440 square feet sold for $525,000 to $1.0 million, and three-bedroom residences of about 2,100 to 2,200 square feet for $800,000 to $1.05 million. Twin Dolphins residences sold for $1.27 million to $1.65 million.
Does a La Peninsula residence come with a boat slip?
Not automatically. Deeded slips are available within the community, but a slip is a separate asset from the residence, and some owners hold one while others lease or go without. Treat the residence and the berth as two transactions, and confirm whether a slip conveys, on what terms, and the depth at that berth at low tide before making an offer.
Can I rent out a La Peninsula condo?
Within limits. La Peninsula’s published rules allow one rental per 30-day period, and because Isles of Capri is in unincorporated Collier County, short-term rentals of six months or less must also be registered with the County. Confirm the current rules in the association documents for the specific building before buying with rental income in mind.
What is Twin Dolphins?
Twin Dolphins is the 2002 mid-rise at 700 La Peninsula Boulevard, with 37 residences on seven floors, within the La Peninsula community. Its residences, from about 2,900 square feet up, are the largest on Isles of Capri, and it has its own pool and spa overlooking Capri Pass, a fitness room and guest suites.
Are La Peninsula prices falling?
They have softened. Sales in the twelve months to September 24, 2026 had a median of $567,500 and about $378 per square foot, against $875,000 and $477 in the twelve months before, and residences closed at about 77% of their original asking price. Part of that is mix, as fewer of the larger residences sold, but four residences also came off the market unsold over the summer. Call (239) 438-1102 to talk through a specific building.
Sales figures are compiled from Naples Area Board of Realtors MLS data for condominiums on La Peninsula Boulevard, closed September 1, 2024 through September 24, 2026, and residences offered or taken off the market as of September 24, 2026; view categories reflect how listing agents described each residence. Deemed reliable but not guaranteed. Community facts are drawn from La Peninsula’s published information. Association rules, slip availability and terms, and County rental requirements change; confirm current details in the condominium documents before purchasing.
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