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Esplanade Condos On Marco Island's Smokehouse Bay

Marco Island • 720, 740 & 760 N Collier Boulevard • Smokehouse Bay • Marina & Waterfront Condominiums

The Esplanade Marco Island Condos for Sale

The Esplanade on Marco Island combines luxury waterfront condominium living, Smokehouse Bay views, marina access, restaurants, boutiques and a walkable waterfront promenade in one of the island's most distinctive mixed-use settings.

The residential portion extends across 720, 740 and 760 North Collier Boulevard and was developed primarily in 2003 and 2004. Mediterranean and coastal Italian architecture, arched balconies, tile roofs, waterfront courtyards and landscaped promenades create an environment that is very different from Marco Island's conventional beachfront high-rise towers.

Residences range from manageable two- and three-bedroom mid-rise condominiums to substantially larger luxury homes and rare penthouse-scale properties overlooking Smokehouse Bay and the Esplanade Marina.

For buyers who want boating, waterfront dining and island convenience without living directly on Marco Island's Gulf beach, The Esplanade is one of the island's most compelling alternatives.

The Esplanade at a Glance

Location Smokehouse Bay, Marco Island
Residential Addresses 720, 740 & 760 N Collier Boulevard
Development Era Primarily 2003–2004
Architecture Mediterranean / coastal Italian mid-rise
Waterfront Smokehouse Bay & navigable Gulf-access water
Marina Esplanade Marina on Smokehouse Bay
Current IDX Building Name The Esplanade
Condominium Associations Esplanade I & Esplanade II
Primary Views Smokehouse Bay, marina, water & sunsets
Ownership Style Waterfront residential + marina + dining + retail

Understanding 720, 740 & 760 N Collier Boulevard

The Esplanade should not be analyzed as one repetitive condominium building.

The residential properties are organized across multiple physical building sections and more than one condominium association.

720 N Collier Boulevard — Esplanade I The luxury-oriented Esplanade I section was completed around 2004 and rises approximately six stories. Residences can be materially larger than many units in the 740 and 760 sections, and special upper-floor and penthouse configurations occupy their own luxury market.
740 N Collier Boulevard — Building 2 Current property records identify 740 N Collier residences as Building 2 within Esplanade II A Condominium. These 2003-era homes include several large two- and three-bedroom plans with Smokehouse Bay, marina and courtyard exposure.
760 N Collier Boulevard — Building 3 Current legal descriptions identify 760 residences as Building 3 within Esplanade II A Condominium. This address sits directly beside the marina, waterfront promenade, dining and retail environment.
Separate Association Review Buyers should identify the exact condominium association and building before comparing fees, reserves, rental provisions, pet rules, parking, storage and recent sales.
Esplanade buying principle: begin with the exact address and condominium association before comparing square footage or price. A 720 N Collier luxury residence may compete in a very different market from a 740 or 760 N Collier mid-rise condominium.

Esplanade I at 720 N Collier Boulevard

Esplanade I contains some of the development's largest and most distinctive residential properties.

Current and historical records demonstrate conventional luxury residences above 2,200 square feet as well as substantially larger upper-floor homes.

A three-bedroom residence at 720 N Collier recently demonstrated more than 2,200 square feet of interior living area with expansive Smokehouse Bay views.

Other 720 residences have been documented in approximately 2,400- to 3,000-square-foot categories, depending upon exact configuration and measurement source.

Because the 720 section contains fewer and often larger residences, same-address and same-floor-plan sales can be especially important when establishing market value.

Esplanade I Penthouse Residences

Rare Esplanade I penthouses form a separate luxury tier.

One documented 720 N Collier penthouse has been marketed with more than 3,700 square feet of interior living area, a large outdoor terrace overlooking Smokehouse Bay and the marina and a private enclosed two-car garage.

Other records for special upper-level configurations have reported living areas approaching 5,000 square feet.

These rare residences should not be valued through the same average as the smaller Esplanade II floor plans.

Esplanade II at 740 N Collier Boulevard

The 740 N Collier section provides substantial mid-rise condominium floor plans with Smokehouse Bay, marina, courtyard and surrounding waterfront views.

Current and recent examples demonstrate approximately 1,600 to 2,450 square feet of interior living area, with two- and three-bedroom configurations.

A current 2026 three-bedroom residence contains approximately 1,812 square feet and features an oversized lanai overlooking Smokehouse Bay.

Larger 740 residences have been recorded around 2,450 square feet, creating a meaningful size range even within the same physical building section.

Building 3 at 760 N Collier Boulevard

The 760 N Collier section places residents immediately beside the marina, promenade, courtyard, restaurants and retail services.

Current public records demonstrate multiple floor-plan sizes, including approximately 1,612, 1,782, 1,853 and 1,869 square feet.

Current 2026 Agent4Naples inventory includes a three-bedroom, two-bath residence at approximately 1,612 square feet overlooking Smokehouse Bay and the marina.

The 760 residences demonstrate why buyers should compare the exact stack and floor plan rather than assuming all Building 3 properties have the same size or view.

Living Area vs. Total Area

Esplanade listings can report more than one square-footage figure.

Interior air-conditioned living area is generally the most useful measurement for direct price-per-square-foot comparison.

A larger total-area figure may include lanais, balconies, decks, entry areas or other non-conditioned space.

Special penthouse residences can have particularly large differences between interior living space and total indoor-outdoor area.

Legal Living Area Confirm the recorded condominium living area.
Current MLS Area Compare today's reported interior measurement.
Balcony & Lanai Identify outdoor space separately from conditioned interior area.
Enclosed Space Verify permits and association approval for any converted outdoor area.

Smokehouse Bay Waterfront Views

Smokehouse Bay is the defining natural feature of The Esplanade.

Waterfront residences can overlook the bay, marina, passing boats, nearby waterfront homes and the broad western sky.

Many positions offer strong afternoon and sunset exposure without the direct surf and open-Gulf conditions associated with a beachfront tower.

Floor level, building orientation and stack determine how much of the bay and marina is visible from the living room, primary suite and outdoor areas.

Year-Round Marco Island Sunsets

Western and southwestern Esplanade exposures can provide exceptional sunset views across Smokehouse Bay.

For buyers comparing two otherwise similar residences, the ability to see open water and evening sky from principal living areas can be a meaningful permanent value characteristic.

View corridors should be evaluated from inside the residence rather than relying exclusively on balcony photographs.

Private Balconies & Large Lanais

Outdoor living is an important part of Esplanade architecture.

Residences can include arched balconies, screened lanais, open terraces and multiple outdoor exposures depending upon floor plan and building.

Large corner residences may have outdoor access from several rooms, while penthouse properties can provide substantially larger terraces.

Buyers should compare usable depth, privacy, afternoon sun, wind exposure, railing condition and hurricane protection.

The Esplanade Marina

The Esplanade Marina is an important distinction for buyers who want waterfront condominium living with a strong boating component.

The marina sits directly on protected Smokehouse Bay and forms part of The Esplanade's waterfront promenade.

From Smokehouse Bay, boaters can continue through Marco Island's navigable waterways toward the Marco River and Gulf of Mexico.

The marina is a separate boating asset, and buyers should not assume that purchasing an Esplanade condominium automatically includes a deeded or permanently assigned boat slip.

Boat-slip due diligence: confirm whether a particular residence includes a separately owned slip, transferable marina interest, lease, rental opportunity or no dock rights at all. Verify vessel length and beam limits, water depth, utilities, insurance, marina fees and current availability before making a purchase dependent upon keeping a boat at The Esplanade.

Protected Smokehouse Bay Harbor

Smokehouse Bay provides a more protected marina environment than an exposed Gulf-front location.

The marina's protected-bay setting can simplify docking while providing convenient access to Marco Island's surrounding boating waters.

Buyers should still evaluate water depth and navigation for the specific vessel they intend to use.

Direct Gulf-Access Boating

Current Esplanade property records identify navigable water and direct Gulf access without conventional fixed-bridge restrictions for selected waterfront residences and marina users.

The route continues from Smokehouse Bay toward Collier Bay, the Marco River and Gulf waterways.

Actual travel time depends upon vessel speed, no-wake zones, traffic, tides and destination.

Waterfront Promenade

One of The Esplanade's most recognizable features is its landscaped waterfront promenade.

Residents and visitors can walk beside Smokehouse Bay and the marina through a setting of palms, Mediterranean architecture, courtyards, outdoor dining and shops.

This pedestrian-oriented environment gives The Esplanade a more urban waterfront lifestyle than most Marco Island condominium buildings.

Dining, Shopping & Services at The Esplanade

The Esplanade combines residential condominiums with waterfront restaurants, cafés, boutiques, specialty businesses and professional services.

For selected residences, dining and shopping can be only an elevator ride or short walk away.

That convenience is particularly attractive to seasonal owners who want to reduce dependence on a vehicle while staying on Marco Island.

Commercial tenants and operating hours change over time, so individual businesses should be considered part of the current lifestyle rather than a permanent condominium feature.

Central Courtyard & Waterfront Gathering Areas

The development's courtyard, colonnades and waterfront public spaces create a social center overlooking Smokehouse Bay.

The architecture is intentionally different from a self-contained residential tower, with homes integrated above and beside active waterfront commercial space.

Buyers should consider both the convenience and the activity level associated with a mixed-use setting when choosing a residence position.

Waterfront Pool & Spa

Esplanade residents have access to condominium recreation facilities that include a community swimming pool and spa.

The pool environment complements the marina, waterfront promenade and other common areas.

Buyers should verify which association owns and operates the particular amenities serving the residence being purchased.

Fitness Center

Current Esplanade residences identify a fitness or exercise facility among the condominium amenities.

This provides an indoor workout option within the development and reduces the need for a separate off-site fitness membership.

Current equipment, access hours and association procedures should be confirmed during due diligence.

Community & Social Rooms

Current Esplanade property information identifies social, community and gathering space for residents.

These facilities can support association meetings and owner events in addition to the extensive restaurants and public gathering areas throughout the development.

Garage & Covered Parking

Many Esplanade residences include assigned garage or covered parking.

The exact parking arrangement differs by building and residence.

Standard mid-rise residences commonly transfer with one protected space, while special penthouses may include more substantial parking, including private or enclosed garage configurations.

Buyers should verify the precise parking space or garage interest before closing.

Private Storage

Current Esplanade listings identify private owner storage in addition to parking.

Storage can be useful for bicycles, luggage, beach equipment and seasonal belongings.

Location and dimensions vary and should be verified for the specific residence.

Elevators & Residential Access

Elevator access is an important element of Esplanade's mid-rise residential design.

Selected units have private or semi-private elevator access, while other building sections use secured common elevator arrangements.

Buyers should compare the exact arrival configuration because it can affect privacy as well as convenience.

Impact Glass & Hurricane Protection

Current and recent Esplanade properties demonstrate impact-resistant windows and doors in selected residences.

Other units may combine impact protection with electric or manual hurricane shutters.

Protection should be verified opening by opening because renovation and replacement histories differ between residences.

Association documents should also be reviewed to determine owner versus association responsibility for windows, doors and exterior protection.

Weekly Rental Potential Requires Building-Specific Review

Rental rules at The Esplanade deserve careful attention because published information is not completely consistent across time and building sections.

Current 2026 marketing for a 760 N Collier residence specifically promotes weekly rental potential.

Prior MLS records for portions of Esplanade II have also reported seven-day minimum leases and frequent annual rental opportunities.

Other long-established Marco Island condominium references have published a 30-day minimum for The Esplanade.

Those differences may reflect association distinctions, historical rule changes or differences in reporting.

Rental due diligence: obtain the current governing documents for the exact 720, 740 or 760 N Collier residence before relying on rental income. Verify the minimum lease period, leases permitted per year, application process, approval requirements, fees, deposits and any owner-occupancy limitations.

The Esplanade Pet Policy

Current Esplanade MLS records commonly identify pets as permitted with association approval.

Older building information has published specific height and number limits, but those summaries are not sufficiently consistent to replace current written condominium rules.

Buyers with pets should confirm the policy for the exact association, including number of pets, size limits, owner versus tenant privileges and registration requirements.

Esplanade I & Esplanade II Association Structure

The Esplanade contains more than one residential condominium association.

That makes building identification important before comparing fees, insurance, reserves, financial statements, rules or special assessments.

A financial condition or restriction affecting one condominium association should not automatically be attributed to the other.

Exact Association Confirm whether the residence belongs to Esplanade I or Esplanade II.
Operating Budget Review services, staffing, management and routine maintenance.
Reserve Funding Evaluate reserve balances and scheduled capital expenditures.
Master Insurance Review coverage, premiums, hurricane deductibles and owner responsibility.
Assessments Identify current, approved and reasonably anticipated special assessments.
Commercial / Shared Areas Understand responsibility for residential versus mixed-use common elements.

Marina Association & Dock Ownership

The marina creates another layer of due diligence for boating-oriented buyers.

A condominium interest and marina slip interest should be treated as separate assets unless title and association documents establish otherwise.

When a boat slip is offered with a residence, buyers should review its legal ownership, transferability, association fees, insurance, utilities and vessel restrictions.

Structural, Engineering & Reserve Review

The Esplanade's 2003–2004 construction era means buyers should review all current structural, engineering, milestone-inspection and reserve information applicable to the exact condominium association.

Important long-term components can include balconies, exterior stucco, tile roofing, waterproofing, elevators, parking structures, windows, fire-protection systems, pool facilities and other common mechanical systems.

Meeting minutes can help buyers understand what work has been completed, what is currently underway and what may be planned.

Waterfront Infrastructure Due Diligence

The Esplanade's waterfront setting adds another category of long-term maintenance considerations.

Buyers interested in boating should review available information regarding docks, pilings, seawalls, utilities and marina capital planning.

A marine inspection may be appropriate when separately owned dock rights are an important component of the transaction.

Condo Fees & Ownership Costs

Esplanade condominium fees vary by association and residence.

Current property records show that assessments can fund items such as master insurance, management, landscaping, reserves, common-area maintenance, water, sewer, trash, pest control, recreation facilities and security.

The actual inclusions should be confirmed for the exact residence.

A complete ownership budget should also account for property taxes, unit-owner insurance, electricity, interior maintenance, parking or marina expenses and possible future assessments.

Insurance Considerations

Esplanade buyers should obtain a current unit-owner insurance quote and compare it with the association's master policy.

Important issues can include hurricane deductibles, loss-assessment coverage, interior improvements, personal property, water damage and liability.

A highly renovated waterfront residence or large penthouse may require materially more interior replacement coverage than a smaller standard condominium.

Flood & Waterfront Considerations

Because The Esplanade sits directly on Smokehouse Bay, buyers should review current flood-zone information, elevation data and insurance requirements for the specific property.

Condominium parcel mapping can differ from the actual elevation or location of an individual residence, so generalized online flood maps should not substitute for property-specific insurance and association review.

Renovated vs. Original Esplanade Condos

More than two decades have passed since original development, creating a significant range of interior condition.

Updated residences can feature opened kitchens, contemporary cabinetry, stone counters, premium appliances, modern bathrooms, updated flooring, impact glazing and redesigned lighting.

Other units retain more of their original early-2000s materials and may offer buyers an opportunity for substantial personalization.

Kitchen Compare cabinetry, counters, appliances and approved wall changes.
Bathrooms Review plumbing, showers, tubs, waterproofing and renovation quality.
Windows & Sliders Verify impact rating, installation history and association responsibility.
HVAC Confirm equipment age, maintenance and expected replacement timing.
Balcony Inspect railing, flooring, drainage and storm protection.
Permits Verify major renovations and structural alterations through available records.

Walkable Marco Island Location

The Esplanade occupies a particularly convenient central Marco Island location near the corner of North Collier Boulevard and West Elkcam Circle.

Restaurants, shops, services, grocery options and the Marco Island Farmers Market area are nearby.

This can appeal to buyers who want to combine waterfront living with a more walkable island lifestyle.

Near Tigertail & Residents' Beach Areas

The Esplanade is not itself a Gulf-front beachfront condominium.

Instead, it offers Smokehouse Bay waterfront living while remaining within convenient reach of Marco Island's beach-access areas.

This distinction is important when comparing The Esplanade with Crescent Beach high-rises, Madeira, Cape Marco and other direct Gulf-front communities.

Current Esplanade Market

Current 2026 inventory confirms The Esplanade remains firmly relevant to Marco Island's upper condominium market.

A 760 N Collier three-bedroom residence with approximately 1,612 square feet has been offered around the $1.2 million level.

A 740 N Collier three-bedroom residence with approximately 1,812 square feet has also been marketed around $1.2 million.

A larger 720 N Collier residence sold during 2026 at approximately $1.4 million, while rare penthouse and oversized configurations can occupy substantially higher market tiers.

Inventory changes frequently, so current active, pending and closed sales should be reviewed immediately before making a pricing decision.

What Esplanade Buyers Should Compare

720 vs. 740 vs. 760 Identify the address and association before selecting comparable sales.
Floor Plan Separate standard mid-rise plans from large Esplanade I and penthouse residences.
Verified Living Area Use consistent interior measurements for price-per-square-foot analysis.
Floor Level Compare view width, privacy, elevator convenience and commercial activity.
Smokehouse Bay View Evaluate open-water exposure from principal living spaces.
Marina View Compare dock, boat and promenade outlook with broader bay exposure.
Balcony / Lanai Review size, orientation, usable depth and storm protection.
Marina Rights Verify dock ownership or rental opportunities separately.
Parking & Storage Confirm exact garage, covered parking and storage rights.
Mixed-Use Position Consider restaurant, courtyard and retail proximity.
Renovation Separate cosmetic improvements from impact glazing and major systems.
Association Review the finances and governing documents for the exact condominium.

How The Esplanade Condo Values Should Be Compared

The Esplanade should not be valued through one development-wide price-per-square-foot average.

The first distinction is 720, 740 or 760 N Collier Boulevard.

The second is the exact residence category and verified interior living area.

A 1,612-square-foot Building 3 residence does not directly compete with a 2,400-plus-square-foot Esplanade I home, and neither should be compared mechanically with a rare penthouse exceeding 3,500 square feet.

Floor level, Smokehouse Bay exposure, marina outlook, balcony configuration, renovation, parking, storage and boating rights then refine value within the appropriate residence category.

Recommended Esplanade valuation sequence: 720, 740 or 760 address → Esplanade I or Esplanade II association → standard or penthouse category → verified interior living area → floor and stack → Smokehouse Bay / marina exposure → balcony configuration → mixed-use location → renovation → storm protection → parking and storage → boat-slip rights → association condition → recent same-building sales.

Selling an Esplanade Condo

Esplanade sellers should identify the exact association, building, floor plan and verified interior living area before selecting comparable sales.

A seller in the larger 720 N Collier section should not rely on a simple average derived primarily from smaller 740 or 760 residences.

Likewise, a residence with an unusually broad Smokehouse Bay view, large terrace or documented marina interest should have those permanent characteristics analyzed separately.

Renovation quality, impact protection, mechanical improvements, furnishings, parking and storage can then be used to differentiate the property from otherwise similar Esplanade sales.

Buyers considering The Esplanade may also compare Marco Island communities offering boating, Gulf frontage, private beach access or larger luxury floor plans.

Explore More Marco Island Real Estate

The Esplanade is part of the broader Marco Island Waterfront Condos market, which includes Gulf-front, beachfront, riverfront, bayfront, marina and boating condominium communities.

Buyers can explore all Marco Island Condos for Sale for both waterfront and inland choices.

For buyers who want a private dock directly behind a detached residence, compare Marco Island Waterfront Homes .

For all Marco Island property types, visit Marco Island Real Estate .

Explore The Esplanade With Schulz Realty

Schulz Realty can help buyers compare 720, 740 and 760 N Collier Boulevard residences by exact association, floor plan, verified living area, floor level, Smokehouse Bay and marina view, balcony configuration, renovation, hurricane protection, parking, storage, rental objectives, boating needs, association financials and the most relevant recent sales before arranging private tours.

Contact Schulz Realty for The Esplanade Listings & Private Tours

Call David Schulz at (239) 682-5800.

The Esplanade residence counts, building designations, condominium association boundaries, floor plans, interior and total-area measurements, bedroom and bath configurations, balconies, views, parking, storage, marina or boat-slip rights, condominium fees, reserve funding, insurance coverage, deductibles, assessments, engineering and capital projects, amenities, commercial tenants, rental provisions, pet policies and individual residence features may vary or change. Buyers should verify all material information through the current Esplanade I or Esplanade II condominium documents, association financial statements, marina documents where applicable, engineering and reserve information, insurance records, inspections, public records, title work and appropriate qualified professionals before purchasing.

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