An atrium high-rise on the sand, and the busiest seasonal rental tower in Park Shore.
The Savoy was completed by First Regency Development in 1983 and rises 19 stories directly on the Park Shore beach, a short walk from the Village Shops on Venetian Bay. Its 141 residences wrap a central atrium, and more seasonal leases were recorded here over the last two years than at any other building in Park Shore.
Savoy at a Glance
| Address | 4041 Gulf Shore Boulevard North, Naples, FL 34103 |
| Position | Park Shore, directly on the beach |
| Built | 1983, First Regency Development |
| Residences | 141 across 19 stories, nine per floor, around a central atrium |
| Living Area | About 1,735 to 3,125 square feet in recent MLS records |
| Leasing | 30-day minimum, up to 12 leases a year |
| Pets | Not permitted |
| Association Fees | About $26,000 to $33,000 a year in recent listings |
| Two-Year Sales | 10 sales, median $1,335,000, or $625 per square foot |
| Seasonal Leases | 24 recorded in two years, median $18,000 a month |
Savoy - Active Listings
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Tell us the stack, floor and view you have in mind, and whether you plan to rent the residence, and we will send a private selection of Savoy residences matched to it, including residences before they reach the market.
Savoy Sales, September 2024 to September 2026
Ten residences closed at the Savoy in the two years to September 29, 2026, from $800,000 to $2,350,000. Every sale is below.
| Residence | Price | Market |
|---|---|---|
| Residence 303 May 2026 · 3 bed · 2,265 sq ft |
$1,345,000 $594 per sq ft |
62 days 84% of original |
| Residence 1404 May 2026 · 2 bed · 1,735 sq ft |
$1,275,000 $735 per sq ft |
Private sale Recorded after closing |
| Residence 1407 Apr 2026 · 3 bed · 2,627 sq ft |
$2,350,000 $895 per sq ft |
179 days 91% of original |
| Residence 403 Feb 2026 · 2 bed + den · 2,160 sq ft |
$1,300,000 $602 per sq ft |
159 days 81% of original |
| Residence 1108 Jun 2025 · 3 bed · 2,367 sq ft |
$1,325,000 $560 per sq ft |
87 days 63% of original |
| Residence 1403 Jun 2025 · 3 bed · 2,160 sq ft |
$1,400,000 $648 per sq ft |
111 days 61% of original |
| Residence 1503 Jun 2025 · 3 bed · 2,160 sq ft |
$1,050,000 $486 per sq ft |
300 days 53% of original |
| Residence 106 Mar 2025 · 3 bed · 2,336 sq ft |
$800,000 $342 per sq ft |
115 days 80% of original |
| Residence 1402 Mar 2025 · 2 bed · 2,160 sq ft |
$1,665,000 $771 per sq ft |
80 days 90% of original |
| Residence 503 Feb 2025 · 3 bed · 2,265 sq ft |
$2,070,000 $914 per sq ft |
98 days 77% of original |
Closed MLS sales, September 1, 2024 to September 29, 2026.
The median sale was $1,335,000, or $625 per square foot, and the top was a three-bedroom 07 residence at $2,350,000, or $895 per square foot, in April 2026. The Savoy is a building where pricing discipline pays: the median residence closed at 80% of its original asking price after 111 days, and one that launched near $2 million sold for $1,050,000 after 300. No residences were listed for sale on September 29, 2026, so the next well-priced listing will meet pent-up demand. For the whole neighborhood, see the Park Shore market report.
Savoy Stacks and Floor Plans
With nine residences per floor, the stack decides the view. The stack is the last two digits of the residence number:
| Stack | Plan | Size |
|---|---|---|
| 01 Most direct Gulf exposure |
2 bed + den, 3 bath | 2,555 sq ft |
| 02 Gulf and bay |
2 to 3 bed, 3 bath | 2,160 sq ft |
| 03 Northwest over the Gulf |
3 bed, some with den, 3 bath | 2,160–2,280 sq ft |
| 04 Gulf and bay |
2 bed, some with den, 2 bath | 1,735–2,000 sq ft |
| 05 Northwest over the Gulf |
2 bed, some with den, 2 bath | 1,735–1,850 sq ft |
| 06 Gulf and bay |
3 bed, 2 to 3 bath | 2,336–2,550 sq ft |
| 07 Northwest over the Gulf |
3 bed, 3 bath | 2,430–2,700 sq ft |
| 08 Mostly east over the bay |
2 to 3 bed, 2½ bath | 2,240–2,367 sq ft |
| 09 Mostly east over the bay |
2 to 3 bed, 2½ to 3½ bath | 2,240–3,125 sq ft |
| Penthouses | 2 to 3 bed | 2,240–2,575 sq ft |
Sizes as recorded in MLS sale and rental listings from September 2024 to September 2026, which vary slightly between listings; confirm with the association floor plan.
The 01 stack has the most direct Gulf exposure. The 03, 05 and 07 stacks face northwest over the Gulf, while the 02, 04 and 06 stacks face southeast with a blend of Gulf and bay views. The 08 and 09 stacks face mostly east over Venetian Bay, and the largest recorded plan, 3,125 square feet, is a first-floor 09 residence.
Where the Savoy Sits on the Park Shore Beach
The Savoy is number 17 on the map below, in the southern half of the Park Shore beach, with La Mer to its north and Allegro to its south. The Village Shops on Venetian Bay are a short walk away.
The 24 Park Shore beachfront high-rises, north to south, shaded by price tier.
Renting at the Savoy
The Savoy permits up to 12 leases a year with a 30-day minimum, and owners use it. Twenty-four seasonal leases were recorded in the MLS between February 2025 and June 2026, more than at any other Park Shore building; the next most active tower recorded five. Two-bedroom residences leased at a median of $18,000 a month and three-bedroom residences at $20,000, with the highest at $24,194, and half of the leases were dated January to March. For buyers who plan to rent, it has the strongest rental record on the Park Shore sand.
Alpizar Property Management handles seasonal leases of 30 to 180 days and high-end annual leases, from pricing and marketing to arrival and departure, and can prepare a rental projection for any Savoy residence you are considering; see also our Park Shore vacation rentals. Pets are not permitted.
Amenities, Ownership and Life at the Savoy
Residents have a beachfront pool and spa, Har-Tru tennis courts, shuffleboard, a fitness center with sauna and steam, a social room, billiards, a barbecue area, two guest suites, bike storage and a car wash area, behind a gated entrance with a staffed front desk and 24-hour security. Each residence has one covered parking space and penthouses two. Recent listings show total association fees of about $26,000 to $33,000 a year. Florida law requires condominium buildings three stories and taller to complete a milestone structural inspection at 30 years, or 25 where the local jurisdiction requires it, and every 10 years after, and a structural integrity reserve study every 10 years, the first due by December 31, 2025. For a building of this age, ask for both reports and the reserve schedule before you commit; resale buyers have seven days after receiving the association documents to cancel.
The Savoy Among Its Neighbors
The Savoy sits in the southern half of the Park Shore beach, between Allegro and La Mer. It trades in Park Shore’s value tier, at a median of $668 per square foot over the last twelve months, and combines larger plans than most of its value-tier peers with the strongest rental record on the beach. Compare it with every other tower in our guide to Park Shore condo buildings.
Park Shore Condominium Communities
More About Park Shore
Savoy Questions
When was the Savoy built?
The Savoy was completed in 1983 by First Regency Development. It rises 19 stories directly on the Park Shore beach, with 141 residences, nine per floor, around a central atrium.
What is the rental policy at the Savoy?
Owners may lease up to 12 times a year with a 30-day minimum. Twenty-four seasonal leases were recorded in the MLS between February 2025 and June 2026, more than at any other Park Shore building, at a median of $18,000 a month. Confirm current rules in the condominium documents before purchasing.
Does the Savoy allow pets?
No. Pets are not permitted at the Savoy.
What do Savoy condos sell for?
From September 1, 2024 to September 29, 2026, ten residences closed at the Savoy, from $800,000 to $2,350,000, with a median of $1,335,000, or $625 per square foot. No residences were listed for sale on September 29, 2026.
Which Savoy residences have the best Gulf views?
The 01 stack has the most direct Gulf exposure, and the 03, 05 and 07 stacks look northwest over the Gulf. The 02, 04 and 06 stacks blend Gulf and bay views, and the 08 and 09 stacks face mostly east over Venetian Bay.
How much do Savoy condos rent for in season?
Two-bedroom residences leased at a median of $18,000 a month across 15 seasonal leases recorded between February 2025 and June 2026, and three-bedroom residences at a median of $20,000 across nine, with the highest at $24,194.
Sales, sizes, rents and fees are from Naples Area Board of REALTORS® MLS records, September 2024 to September 2026, compiled by Alpizar & Company. Leasing and pet rules can change; confirm current rules with the association before purchasing.
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