A south-end tower on the boardwalk, with its own gate to the tram and Artis–Naples a short walk away.
St Nicole at Pelican Bay is a 21-story tower of 97 residences at 5550 Heron Point Drive, completed in 1991 on the south end of Pelican Bay. It is one of the towers that backs directly onto the Pelican Bay boardwalk, so the path to the beach starts at the pool deck, and it is one of the more flexible buildings in the community for small pets and seasonal leasing. Only three residences sold here from September 2024 to September 2026, two of them within a week of listing.
St Nicole at a Glance
| Address | 5550 Heron Point Drive, Naples, FL 34108 |
| Neighborhood | Pelican Bay, North Naples — the south end, off Crayton Road, within walking distance of Artis–Naples and Waterside Shops |
| Year Built | 1991 |
| Residences | 97 residences, 21 stories |
| Floor Plans | 2 to 3 bedrooms, about 1,263 to 2,030 sq ft; penthouses about 2,376 to 3,327 sq ft with 4 bedrooms; available on request |
| Sales | 3 from September 2024 to September 2026, $950,000 to $1,699,000, median $1.25 million; 2 for sale on September 29, 2026 |
| Annual Fees | About $22,100 to $24,600 a year in total recurring fees in recent listings |
| Views | Gulf of Mexico, Clam Pass and the mangrove preserve, with Gulf views from about the fourth floor up |
| Beach Access | Private gate from the pool deck to the Pelican Bay boardwalk, with a call box for the tram |
| Amenities | Heated pool and spa, grilling area, social room with kitchen, fitness room, library, media room, billiards and card rooms, two guest suites, on-site manager |
| Parking | One covered space per residence, with ample guest parking |
| Pet Policy | Owners may keep two dogs or cats, each up to 15 pounds and 10 inches at the shoulder |
| Rental Policy | Up to three leases per year; 30-day minimum |
| Seasonal Rent | Seasonal asking rents of about $8,500 to $16,000 a month; seven seasonal leases closed at $9,000 to $15,000 |
St Nicole - Active Listings
Request a Curated Selection of St Nicole Residences
At St Nicole the difference between residences is stack, floor and finish — which exposures catch the Gulf over Clam Pass, which look across the preserve, and how each home has been updated. Tell us the view and size you want, and whether you plan to lease, and we will assemble a private selection, including residences being quietly prepared for market. Complimentary and without obligation. Call (239) 438-1102.
St Nicole Sales, September 2024 to September 2026
Three St Nicole residences closed in the two years to September 29, 2026, for $950,000 to $1,699,000, at a median of $1.25 million and about $826 a square foot, the highest price per square foot of any Pelican Bay tower completed before 1993. The top sale was Residence 1801, a two-bedroom-plus-den residence of 2,018 square feet, at $1,699,000 in February 2026, six days after it was listed.
| Residence | Sold | Per Sq Ft |
|---|---|---|
| Residence 1801 2 BR + den, 2 BA · 2,018 sq ft |
$1,699,000 Feb 2026 |
$842 |
| Residence 904 3 BR, 2 BA · 1,514 sq ft |
$1,250,000 Jul 2025 |
$826 |
| Residence 1102 2 BR + den, 2 BA · 1,263 sq ft |
$950,000 Apr 2025 |
$752 |
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.
Pricing at St Nicole
St Nicole rewards a price set to the building and ignores one set above it. Residence 904, a three-bedroom residence of 1,514 square feet in the 04 stack, sold for $1,250,000 in July 2025, four days after it was listed, and Residence 1801 sold in six; both closed at about 96 percent of asking. Over the same period, three listings that started higher, Residences 1503, 1604 and 1702, came off the market unsold after four to six months, among them a 1,514-square-foot residence on the sixteenth floor offered at $1,595,000. With few sales a year and buyers who know the last closing, the first price decides the outcome. On September 29, 2026, two lower-floor residences were for sale; owners weighing a sale can see how the market is behaving in our guide to selling in Pelican Bay and in our Pelican Bay market report.
Residences at St Nicole
St Nicole’s plans suit buyers who want a Gulf-view tower without the square footage of the larger boulevard buildings. Two-bedroom residences start at about 1,263 square feet, three-bedroom plans reach about 2,030 square feet, and the penthouse levels offer four bedrooms in roughly 2,376 to 3,327 square feet. Gulf views begin as a ribbon around the fourth floor and widen steadily with height, framed by the mangroves and the mouth of Clam Pass. Each residence has a covered parking space, and guest parking is more generous than in most Pelican Bay towers. Floor plans are available on request.
The Tower and Life in Pelican Bay
St Nicole’s setting on the south end of Pelican Bay puts Artis–Naples and Waterside Shops within walking distance, while a secured gate off the pool deck leads straight onto the Pelican Bay boardwalk, where a call box brings the tram to carry residents to the community’s private beach facilities. At home there is a heated pool and spa with a grilling area, a social room with a full kitchen, a fitness room, library, media, billiards and card rooms, two guest suites and an on-site manager. Its south-end neighbors include Stratford. Compare St Nicole with other towers in our guides to Pelican Bay condominiums and Pelican Bay Gulf-view condos, and owners considering a sale can start with a confidential valuation.
Renting at St Nicole
With up to three leases a year and a 30-day minimum, St Nicole is one of the most active rental buildings in Pelican Bay. Over the last two seasons, two-bedroom residences were mostly offered at about $8,500 to $15,000 a month in season and three-bedroom residences at about $12,500 to $16,000, with off-season rates of about $4,700 to $12,000. Seven seasonal leases closed at $9,000 to $15,000 a month, including a two-bedroom-plus-den residence of 1,514 square feet that leased twice at $15,000, and three more residences leased at monthly rates of $5,500 to $6,000. The pet allowance belongs to owners, so tenants cannot bring pets. Alpizar Property Management places seasonal tenants of 30 days or more and high-end annual tenants for Pelican Bay owners; see our guide to seasonal rental management.
Florida’s Condo Safety Law
Completed in 1991, St Nicole falls under Florida’s condominium safety law: 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. St Nicole is past the 30-year mark, so ask the association for the latest milestone inspection report, the reserve study and any planned special assessments before you make an offer. Resale buyers also have seven days after receiving the condominium documents to cancel the contract.
Where St Nicole Sits in Pelican Bay
St Nicole is number 18 on the map below, on Heron Point Drive at the south end of Pelican Bay, between Stratford (17) and The Heron (19), with St Tropez (20) at the end of the drive. Its pool deck opens onto the boardwalk along the south berm, where the tram runs north to the south beach crossing behind Dorchester (15), Outer Clam Bay and Clam Pass lie west across the preserve, and Waterside Shops and Artis–Naples are a short walk to the east.
The twenty Pelican Bay high-rises, numbered north to south. Map by Alpizar & Company.
St Nicole on the Map
Browse Pelican Bay by Home Type
More About Pelican Bay
Pelican Bay Towers & Bay Colony
Pelican Bay Gulf-View Towers | Compare All
Bay Colony Beachfront Towers | View All
Bay Colony Gulf-View Condos | View All
Bay Colony Estate Homes & Villas | View All
St Nicole at Pelican Bay FAQs
Where is St Nicole at Pelican Bay?
At 5550 Heron Point Drive on the south end of Pelican Bay, off Crayton Road, North Naples, 34108, within walking distance of Artis–Naples and Waterside Shops.
How big are the residences at St Nicole?
Standard residences range from about 1,263 square feet with two bedrooms to about 2,030 square feet with three bedrooms. Penthouse plans run from about 2,376 to 3,327 square feet with four bedrooms. Floor plans are available on request.
What have St Nicole condos sold for?
From September 2024 to September 2026, three St Nicole residences sold for $950,000 to $1,699,000, at a median of $1.25 million and about $826 a square foot. Residence 904, a 1,514-square-foot three-bedroom residence, sold for $1,250,000 in July 2025, and Residence 1801 for $1,699,000 in February 2026, each within a week of listing. Current listings appear above.
What are the fees at St Nicole?
Total annual recurring fees reported in recent St Nicole listings ran about $22,100 to $24,600. Confirm the current budget, reserves and any special assessments in the condominium documents before purchasing.
How do St Nicole residents get to the beach?
A secured gate off the pool deck opens onto the Pelican Bay boardwalk, where a call box summons the tram to carry residents through the mangrove preserve to the community’s private beach facilities.
Are pets allowed at St Nicole?
Owners may keep two dogs or cats, each up to 15 pounds and no more than 10 inches at the shoulder. The allowance applies to owners, not tenants. Confirm current rules in the condominium documents before purchasing.
What is the rental policy at St Nicole?
Owners may lease up to three times per year with a 30-day minimum term. Confirm current terms in the condominium documents before purchasing.
What do St Nicole residences rent for?
Over the last two seasons, St Nicole residences were offered at about $8,500 to $16,000 a month in season, and seven seasonal leases closed at $9,000 to $15,000 a month. Leases require a 30-day minimum, up to three a year.
How does Florida’s condo safety law affect St Nicole?
Buildings of three stories or more need a milestone structural inspection at 30 years (25 where the local building official requires it) and every 10 years after, plus a structural integrity reserve study every 10 years, the first due by December 31, 2025. Built in 1991, St Nicole is past the 30-year mark, so ask for the latest inspection report, the reserve study and any planned special assessments before you buy. Resale buyers have seven days after receiving the condominium documents to cancel.
Sales figures are from Naples Area Board of REALTORS® MLS data for St Nicole, closed September 1, 2024 through September 29, 2026, with listings as of September 29, 2026; fees are the totals reported in listings. Building details, association policies and fees are subject to change and should be verified with the association and current condominium documents before relying on them.
Meet the Team
Connect with Real Estate Advisors... not Salespeople.
Alpizar & Company is a family-owned independent brokerage specializing in luxury waterfront real estate across Naples' most sought-after neighborhoods. 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.
We offer complimentary, pressure-free consultations without any commitment.
How can we Help?
Over 250 closed transactions. $100 million in Naples luxury waterfront sales. Read what our buyers and sellers say about working with an advisor-driven independent brokerage — and why they come back.
What's it like working with Alpizar & Company?