2 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 2026035923

$249,900

2 Bed Waterfront Home for Sale in Naples

7935 Preserve Circle 434, Naples, FL, 34119

2 beds1 baths1,045 sqft
GatedBocceFitness CenterClubhouseCommunity PoolWaterfront

About this home

Enjoy peaceful lake and fountain views from a private treetop setting in this beautifully maintained top-floor condo in the gated community of Fairway Preserve at Old Cypress. The community shares its western boundary with Alligator Flag Preserve, offering a natural backdrop where deer are frequently spotted. Offering 1,045 sq. ft. of air-conditioned living space and 1,120 sq. ft. total, this spacious 2-bedroom, 1-bath residence features volume ceilings throughout and a screened-in lanai with fan and light overlooking the community lake. The light and bright interior has been professionally painted, including the walls and ceilings, and features over $18,000 invested in leveling and waterproof laminate flooring throughout the main living areas and bedrooms. The bathroom features tile flooring, and there is no carpet anywhere in the condo. Blinds and window coverings are included throughout. The spacious living area features an oversized ceiling fan with light. The dining room has a new light fixture, while the kitchen features a new light fixture, newer garbage disposal and faucet, plus a reverse osmosis water filtration system. The primary bedroom offers a newer ceiling fan with light and a generous walk-in closet. The versatile second bedroom includes a newer fan with light and custom closet system designed to maximize storage, making it ideal as a bedroom, den, or home office. A large laundry room provides washer and dryer hookups along with excellent storage space. Additional updates include a newer A/C system and water heater. Combined, these updates and newer features total nearly $40,000. Fairway Preserve offers an impressive array of amenities, including a heated resort-style pool, spa, fitness center, indoor racquetball court, clubhouse, car wash, and bocce. Residents also enjoy valet trash service and Wi-Fi, all within a beautifully maintained gated community. One assigned parking space is included, with additional guest parking conveniently located throughout. Ideally located just off Immokalee Road and within walking distance of elementary, middle, and high schools, this condo is also close to I-75, shopping, dining, and Naples' beautiful beaches. With its peaceful lake views, treetop setting, natural preserve backdrop, extensive updates, and resort-style amenities, this is a wonderful opportunity to enjoy the best of Naples living in a convenient location. (Additional photos coming of the community amenities)

Property details

Type
Condominium
Year built
2001
Interior
1,045 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
0
Total association fees
$5,340/yr (~$445/mo)
CDD
None
Est. taxes (1.4%)
$3,499/yr
Flood zone (area est.)
Yes · High risk (AH)
Storm protection
None listed
Exposure
East
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

AssociationManagementInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundStreetLights

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

Amenities

BocceCourtBikeStorageCabanaClubhouseFitnessCenterBarbecuePicnicAreaPoolRacquetballSpaHotTubSidewalksVehicleWashAreaConciergeManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$239/sqft
Comp median
$249/sqft
Difference
-4%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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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
7940 Preserve Circle 914Feb 2026$223,0001/1845$264
8224 Key Royal Circle 232Sep 2025$225,0002/1943$239
8244 Key Royal Circle 614Jan 2026$235,0002/1943$249
8244 Key Royal Circle 615Oct 2025$246,2502/1946$260
8264 Key Royal Circle 812May 2026$230,0002/1946$243
Average5 comps$231,850$251

Market trends, Fairway Preserve

Median list
$349,000
Median $/sqft
$233
Avg days on market
0
Active listings
1
Median sold price · Fairway Preserve
$266,500last 12 monthsnot enough sold data to compare

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

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AH) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
6.5 mi
Physicians Regional (Naples)
Beach
7.2 mi
Vanderbilt Beach (Naples)
Airport
9.5 mi
Naples Airport
Shopping
6.3 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.