2 Bed 2 Bath Waterfront Condominium for Sale in REGENCY RESERVE, FL
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SoldMLS# 225071779

$580,000

2 Bed 2 Bath Waterfront Condominium for Sale in REGENCY RESERVE, FL

721 Regency Reserve Circle 5701, Naples, FL, 34119

2 beds2 baths2,058 sqft2 garage
GatedGolfTennisFitness CenterClubhouseCommunity PoolWaterfront

About this home

PRICE REDUCTION Embrace the relaxed Naples lifestyle in this spacious, low maintenance coach home in the highly sought after gated Vineyards community. An open floor plan welcomes you with plenty of natural light, high ceilings and peaceful water views, offering the perfect setting for everyday living or entertaining.The primary suite features two closets and an en suite bath with a step in shower and soaking tub providing a private retreat. The versatile den, convenient laundry room and second bedroom with access to a guest bath add to the home’s livability. The oversized screened lanai overlooking the water offers a desirable northern exposure- perfect for staying cool while enjoying the serene views year round. Taylor your lifestyle with the optional Vineyards memberships that are offered. Regency Reserve is conveniently located to I-75, Physician’s Regional Medical Center, fine dining, upscale shopping and pristine beaches.

Property details

Type
Condominium
Year built
2003
Interior
2,058 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
61
Total association fees
$10,900/yr (~$908/mo)
CDD
None
Est. taxes (1.4%)
$8,120/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementCableTvInsuranceIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

ClubhouseFitnessCenterGolfCourseBarbecuePicnicAreaPrivateMembershipPoolSpaHotTubSidewalksTennisCourtsTrails
At marketThis home is priced in line with comparable recent sales.
This home
$282/sqft
Comp median
$285/sqft
Difference
-1%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
734 Regency Reserve Circle 2701Aug 2025$587,0002/22,058$285
785 Regency Reserve Circle 4701Mar 2026$590,0002/22,058$287
963 Fountain RunFeb 2026$630,0003/22,048$308
558 Vintage Reserve Lane 19AJul 2026$540,0002/22,058$262
570 El Camino Real 2303Apr 2026$595,0002/22,057$289
566 Vintage Reserve Lane 21AJan 2026$575,0002/22,058$279
Average6 comps$586,167$285

Market trends — Naples

Median list
$679,400
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
109
Active listings
4,190
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
0.4% MoM10.1% YoY
$530k$599k$668kJul ’25Jul ’26
$627,500Jul ’26 · 361 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $49,900 (8.3%) from the original list price.

Jan 5, 2026Sold$550,000
Nov 23, 2025Price reducedfrom $599,900$580,000
Oct 7, 2025Listed$599,900

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • 2-car garage
Consider
  • Higher association fees (~$10,900/yr)
Location convenienceHigh
Hospital
3.9 mi
Physicians Regional (Naples)
Beach
6 mi
Vanderbilt Beach (Naples)
Airport
6.5 mi
Naples Airport
Shopping
5.2 mi
Mercato (Naples)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.