Naples Cay Melinda Gunther December 15, 2025
For buyers exploring a 1031 exchange, 40 Seagate Dr #1204 in Naples Cay offers a compelling mix of Gulf front appeal, weekly rental capability and professional on site management. Instead of moving into another anonymous property, you can reposition into a beachfront condo that supports both your financial goals and the way you want to spend your time.
(Buyers should always consult with their tax and legal advisors before completing a 1031 exchange.)
Gulf front location in Naples Cay, a respected Naples beach community
Weekly rental policy, rare on the sand in this price range
On site rental management for a smoother transition from your current asset
Proven demand for Naples beachfront and Naples Cay vacation rentals
The personal benefit of enjoying your own time here each year
When you exchange into 40 Seagate Dr #1204, you are buying into more than a stack and a view. Naples Cay gives you:
A gated, secure beachfront setting between Park Shore and Pelican Bay
Resort style amenities that help attract guests and repeat stays
A location close to Waterside Shops, The Village on Venetian Bay and Artis–Naples
A central position in Naples that is convenient from the airport and major corridors
12th floor end unit with expansive Gulf views
Long vistas over Clam Pass and the mangrove estuary on the side
Comfortable layout that functions well for both owners and guests
Balcony that creates an outdoor living space overlooking the water
Easy elevator access to the beach, pool and community amenities
Weekly rental policy can help support a strong calendar of bookings
End unit positioning makes this condo stand out in online searches and photos
On site management can provide historical rental context and management options
The emotional pull of the location can make this a long term hold rather than a short term trade
Always coordinate timelines, identification periods and closing dates with your 1031 intermediary and tax professional
Q: Why is Naples Cay interesting for 1031 exchange buyers
A: Naples Cay combines Gulf front location, strong vacation rental demand and on site management, which many exchange buyers appreciate when repositioning from out of state or non coastal assets.
Q: Does 40 Seagate Dr #1204 have the right to do weekly rentals
A: Yes, the building allows weekly rentals, subject to association rules. Buyers should review current documents to confirm.
Q: Are there nearby amenities that appeal to guests
A: Yes. Waterside Shops, The Village on Venetian Bay and Artis–Naples are all nearby and tend to be popular with vacation renters.
Q: Can I still use the condo myself if I do a 1031 exchange
A: Many owners structure personal use and rental use within guidelines provided by their tax and legal advisors. Always verify what is allowed in your specific situation.
Q: How do I compare 40 Seagate Dr #1204 to other Naples beachfront options
A: Working with a local Naples Cay Realtor can help you compare buildings, rental rules and locations to make sure 40 Seagate Dr #1204 is the right fit.
Naples Cay neighborhood video:
https://youtu.be/V8iqOYt0iGI
Property dossier for 40 Seagate Dr #1204:
https://linktr.ee/Club_1204
If you are considering a 1031 exchange into Naples, I can help you evaluate whether 40 Seagate Dr #1204 belongs on your short list.
Call or text Melinda Gunther at 239-297-2155 to discuss timing, building rules and comparable Naples Cay opportunities. As a Naples Cay focused Realtor, my goal is to help you choose the property that fits both your lifestyle and your investment plan.
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