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La Mer Market Report

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4051 Gulf Shore Boulevard North • 104 Residences • Direct Gulf Front

La Mer is a direct Gulf-front condominium at 4051 Gulf Shore Boulevard North in Park Shore. Building-specific transactions generally deserve the greatest weight because floor-plan family, stack, floor, recorded living area and Gulf or Venetian Bay exposure can create substantial differences between residences within the same tower.

La Mer valuation sequence: floor-plan family → stack → floor → recorded living area → Gulf, coastline or Venetian Bay exposure → lanai → parking → storage → renovation → impact protection and major systems → association condition → strongest La Mer comparable sales.

How to Read the La Mer Market

Active Listings Show the La Mer residences competing for buyers now. Asking prices represent seller positioning rather than completed market value.
Pending Sales Can indicate current buyer demand, although the final negotiated price is normally unknown until closing.
Closed Sales Carry the greatest weight when floor plan, stack, floor, view and condition closely match the subject residence.

Floor Plan & Recorded Living Area

La Mer contains both two- and three-bedroom configurations with meaningful differences in interior size and room arrangement. Larger residences and penthouse-style configurations should not automatically be compared with smaller conventional units.

Buyers should verify recorded living area and permitted changes, particularly where a lanai or other outdoor space has been enclosed.

Stack, Floor & Water Views

Stack is one of the most important permanent characteristics at La Mer. Different positions can emphasize direct western Gulf views, southwest coastline exposure, northern Gulf perspectives or Venetian Bay and city views.

Floor elevation should be evaluated together with stack because it can change horizon width, privacy and the relationship between the residence, beachfront grounds and surrounding buildings.

Lanais & Outdoor Living

La Mer residences can include substantial screened or wraparound lanais. Compare usable depth, orientation, privacy, wind exposure, storm protection and whether any outdoor area has been legally enclosed.

Renovation & Major Systems

Individual residences range from more traditional interiors to substantially remodeled luxury homes. Separate cosmetic finishes from impact glazing, HVAC, plumbing, electrical work and permitted floor-plan modifications.

Association Due Diligence

  • Current operating budget and reserves
  • Master insurance and deductibles
  • Approved, pending or proposed assessments
  • Structural and engineering documentation where applicable
  • Exterior restoration and waterproofing
  • Balcony and railing projects
  • Elevators and mechanical systems
  • Parking and storage rights
  • Rental, pet and renovation provisions

Buyer & Seller Guidance

Buyers should begin with the closest La Mer floor-plan family and stack, then compare floor, living area, Gulf or Bay exposure, lanai, parking, storage, renovation and association condition.

Sellers should document the residence's permanent characteristics first and then support major improvements with permits, association approvals, invoices and product information where available.

For La Mer listings, comparable sales or private property tours:

Contact Schulz Realty for Listings & Private Tours.

La Mer inventory, prices, floor plans, recorded living areas, Gulf and Venetian Bay views, lanais, enclosed outdoor areas, parking, storage, amenities, association fees, reserve funding, assessments, master insurance, structural documentation, capital projects, leasing provisions, pet policies, storm protection and individual residence features may vary or change. Buyers and sellers should verify material information through current condominium documents, association records, financial statements, engineering and reserve documentation where applicable, insurance information, inspections, permits, public records and title work.

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Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
4051 Gulf Shore BLVD N Unit 1206 2 2 2,431 $1,895,000 $779 88 days
4051 Gulf Shore BLVD N Unit 805 2 2 1,961 $1,695,000 $864 30 days
4051 Gulf Shore BLVD N Unit 706 2 2 2,161 $1,695,000 $784 54 days
Average: 2.0 2.0 2,184 $1,761,666 $809 58 days
Viewing 1 - 3 of 3
Viewing 1 - 3 of 3
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
4051 Gulf Shore BLVD N Unit 802 3 3 3,024 $2,895,000 $2,800,000 $925 43 days 4/10/26
4051 Gulf Shore BLVD N Unit 405 3 2 2,061 $2,450,000 $2,355,000 $1,142 90 days 5/22/26
4051 Gulf Shore BLVD N Unit 1406 2 2 2,074 $2,295,000 $2,050,000 $988 102 days 5/22/26
4051 Gulf Shore BLVD N Unit PH205 2 2 2,139 $2,100,000 $2,000,000 $935 66 days 4/14/26
4051 Gulf Shore BLVD N Unit 1205 2 2 1,945 $1,995,000 $1,776,000 $913 442 days 6/18/26
4051 Gulf Shore BLVD N Unit 300 2 2 2,074 $940,000 $885,000 $426 125 days 9/17/26
4051 Gulf Shore BLVD N Unit 600 2 2 2,074 $1,100,000 $850,000 $409 100 days 4/24/26
Average: 2.3 2.1 2,198 $1,967,857 $1,816,571 $820 89 days
Viewing 1 - 7 of 7
Viewing 1 - 7 of 7

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.