The Newest Tower on Vanderbilt Beach, With Nothing but State Park to the North
Moraya Bay is a 72-residence beachfront tower at the north end of Gulf Shore Drive, completed in 2009 and bordered by Delnor-Wiggins Pass State Park, so the views up the coast can never be built out. With private elevators, a waterfront restaurant and full beach service, it is the building Naples buyers most often name when they ask for a resort standard of living on the sand.
Moraya Bay at a Glance
| Address | 11125 Gulf Shore Drive, Naples, FL 34108 |
| Completed | 2009 |
| Residences | 72 in a single eleven-story high-rise; eight stacks, all Gulf-facing |
| Floor Plans | Approximately 4,000 to 4,550 sq. ft.; three to four bedrooms plus den; private elevator entry |
| Waterfront | Directly on the Gulf of Mexico, with Delnor-Wiggins Pass State Park immediately north |
| Amenities | Waterfront restaurant and bar, poolside and beachside food and beverage service, chair and towel service, two pools, fitness center, guest suites, concierge, 24-hour security |
| Parking | Secured garage, one space per residence |
| Pet Policy | Permitted; confirm current limits with the association |
| Leasing | 30-day minimum, up to 12 leases per year |
| Annual Fees | About $41,000 to $50,000 in recent listings |
| Recent Sales | 7 sales, September 2024 to September 2026, at a median $6,350,000 |
Moraya Bay - Active Listings
Request a Curated Selection of Moraya Bay Residences
Tell us the stack, floor and exposure you prefer and how you intend to use the residence, and we will assemble a private selection at Moraya Bay and the comparable beachfront towers nearby, including opportunities that never reach the open market. Complimentary, discreet and without obligation. Call (239) 438-1102.
Living at Moraya Bay
The building operates less like a condominium and more like a private club. Residents step from the pool deck onto the sand, where chairs, umbrellas and food and beverage service are set up daily, and the second-floor restaurant and lounge overlooking the Gulf is reserved for owners and their guests. Each residence opens directly from a private elevator into a foyer, with floor-to-ceiling glass on the Gulf side and a deep open-air lanai. Floor plans are among the largest of any beachfront tower in Naples, which is why Moraya Bay draws buyers who would otherwise consider a single-family home.
The pool deck and the walk to the sand.
Moraya Bay Sales, September 2024 to September 2026
Seven Moraya Bay residences closed in the two years to September 2026, from $5,750,000 to $7,500,000, at a median $6,350,000 and $1,396 a square foot, the highest of any Vanderbilt Beach building with regular sales. Position outweighed size. The three 4,548-square-foot residences in the 01 stack sold for $5,850,000 to $6,350,000, while smaller plans of 4,000 to 4,200 square feet in the 03 and 05 stacks brought $6,550,000 to $7,500,000, up to $1,786 a square foot. Neither penthouse set the top of the market: they sold for $6,350,000 and $5,750,000. Residences closed at a median 94% of their final asking price.
| Residence | Sold | Per Sq Ft |
|---|---|---|
| Residence 701 3BR + den · 4,548 sq ft |
$5,850,000 June 2026 |
$1,286 |
| Penthouse 7 4BR + den · 4,184 sq ft |
$5,750,000 April 2026 |
$1,374 |
| Penthouse 1 3BR + den · 4,548 sq ft |
$6,350,000 March 2026 |
$1,396 |
| Residence 605 3BR · 4,001 sq ft |
$6,900,000 March 2026 |
$1,725 |
| Residence 803 3BR · 4,200 sq ft |
$7,500,000 October 2025 |
$1,786 reported after closing |
| Residence 1001 3BR + den · 4,548 sq ft |
$6,300,000 September 2025 |
$1,385 |
| Residence 405 3BR + den · 4,001 sq ft |
$6,550,000 April 2025 |
$1,637 |
As of September 26, 2026, one residence was for sale: a third-floor plan of 4,522 square feet at $4,895,000, about $1,082 a square foot and well below any closed sale in the building over the past two years. Annual association fees in recent listings run about $41,000 to $50,000, which covers the restaurant, beach service and staffing that set Moraya Bay apart. Compare it with the other Gulf-front towers in our Vanderbilt Beach condo buildings guide, including Le Dauphin, Vanderbilt Gulfside and The Vanderbilt, or see the full Vanderbilt Beach real estate guide. Leasing is rare here: Moraya Bay was not among the Vanderbilt Beach buildings with three or more seasonal rental listings on the MLS over the same two years; see Vanderbilt Beach seasonal rentals for the buildings that do lease.
Closed sales reported through the Naples Area Board of REALTORS® MLS, September 2024 to September 2026; Residence 803 was reported to the MLS after closing. Fees are total annual recurring fees shown in recent listings.
Moraya Bay from the Gulf, with its two pools and the beach.
Where Moraya Bay Sits at Vanderbilt Beach
Moraya Bay is No. 1 on the map below, the northernmost of the Gulf-front buildings on Vanderbilt Beach, at the top of Gulf Shore Drive just south of Bluebill Avenue, with Delnor-Wiggins Pass State Park immediately north. Vanderbilt Gulfside (2) is the next building south, Vanderbilt Landings (24) sits across Gulf Shore Drive on the channel, and the four Bluebill peninsula buildings (20 to 23) are across Bluebill Avenue to the north. The Gulf-front buildings are numbered 1 to 19 south along Gulf Shore Drive, and the bay and lagoon buildings 24 to 38. The Vanderbilt Beach condo buildings guide uses the same numbers.
The 38 Vanderbilt Beach condominium buildings, numbered north to south. Map by Alpizar & Company.
Moraya Bay on the Map
What to Know Before Buying
Position in the building matters. Stacks toward the center of the tower sit first on the sand; end stacks trade a step back from the water for the protected northern views over Delnor-Wiggins. Completed in 2009, Moraya Bay is under 30 years old, so its first milestone structural inspection under Florida’s condominium safety law comes at 30 years (25 where the local building official requires it) and every 10 years after; the structural integrity reserve study applies now, every 10 years, with the first due by December 31, 2025, so ask for it along with the budget, insurance and any pending assessments. Resale buyers also have seven days after receiving the condominium documents to cancel the contract. Residences at Moraya Bay traded from $5.75 million to $7.5 million over the past two years, and stack mattered more than floor or size; we prepare a written valuation from closed and pending sales in the building before any offer is made.
The beach in front of Moraya Bay, with chair service set out on the sand.
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Moraya Bay Questions
Where is Moraya Bay?
Moraya Bay is at 11125 Gulf Shore Drive in Vanderbilt Beach, North Naples, at the northern end of the beachfront corridor. Delnor-Wiggins Pass State Park borders the property to the north, and Mercato and The Ritz-Carlton Beach Resort are a short drive south.
How many residences are in Moraya Bay?
Seventy-two, in a single tower completed in 2009. There are eight stacks, all facing the Gulf, and every residence is reached by private elevator.
What amenities does Moraya Bay offer?
A waterfront restaurant and bar for residents, poolside and beachside food and beverage service with chair and towel setup, two pools, a fitness center, guest suites, concierge and 24-hour security. It is one of very few Naples towers with a full-service private restaurant on site.
Can I rent out a residence at Moraya Bay?
Yes. The association permits leases of 30 days or longer, up to 12 per year. Policies can change, so we confirm the current rules and any approval process before a purchase intended for rental.
What do residences at Moraya Bay cost?
Seven residences sold between September 2024 and September 2026, from $5,750,000 to $7,500,000, at a median $6,350,000 or $1,396 a square foot. The smaller plans in the 03 and 05 stacks brought the highest prices, up to $1,786 a square foot, while the larger 4,548-square-foot plans and both penthouses sold for less. Annual fees in recent listings run about $41,000 to $50,000.
Why work with Alpizar & Company at Moraya Bay?
Alpizar & Company is a family-owned independent brokerage specializing in Naples luxury waterfront, with building-by-building knowledge of Vanderbilt Beach. We represent a limited number of buyers at a time, prepare a written valuation before any offer, and handle due diligence on the association, reserves and rental rules. Consultations are complimentary. Call (239) 438-1102.
How does Florida’s condo safety law affect Moraya Bay?
Completed in 2009, Moraya Bay is under 30 years old. 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, so ask for the reserve study, the budget and any pending assessments before you buy. Resale buyers have seven days after receiving the condominium documents to cancel.
Building facts, policies and amenities are compiled from association and public sources and are subject to change; confirm current details with the association before purchasing.
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