$465,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in FRONTERRA, FL
8992 Madrid Circle, Naples, FL, 34104
About this home
You will appreciate the most recent rate drop when you see this incredibly affordable single-family home in Fronterra. The one-story recently constructed home features 3 bedrooms, 2 baths, great room, eat-in kitchen, two walk-in closets in the primary bedroom, and a 1-car garage all in a gated community featuring a community pool. Enjoy Western exposure overlooking a pond with room for an extended lanai or a pool. Conveniently located with easy access to I-75, downtown Naples, great schools, dining, shopping, and more… this home is ideal as an investment, a starter home, or a down-size opportunity. With very low HOA dues, this is a must see for the ready, willing, and able buyer looking to quickly find a move-in ready property in Naples.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2020
- Interior
- 1,630 sqft
- Lot size
- 3,920.4 sqft
- Acreage
- 0.09 acres
- Garage
- 1 car
- Days on market
- 91
- Total association fees
- $1,608/yr (~$134/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,510/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 8 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 8980 Madrid Circle | Aug 2025 | $480,000 | 3/2 | 1,630 | $294 |
| 731 Hadley Place | May 2026 | $420,000 | 4/2 | 1,485 | $283 |
| 3589 Periwinkle Way | Mar 2026 | $550,000 | 2/2 | 1,797 | $306 |
| 501 Robin Hood Circle 101 | Mar 2026 | $375,000 | 3/2 | 1,630 | $230 |
| 3653 Periwinkle Way 1-27 | Jun 2026 | $525,000 | 3/2 | 1,534 | $342 |
| 7951 Haven Drive 2 | Nov 2025 | $409,900 | 3/2 | 1,742 | $235 |
| Average | 6 comps | $459,983 | $282 |
Market trends — Naples
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 $35,000 (7.4%) from the original list price.
| Jan 6, 2026 | Sold | $440,000 |
| Oct 22, 2025 | Price reducedfrom $475,000 | $465,000 |
| Sep 15, 2025 | Listed | $475,000 |
The good, the trade-offs & the location
- Built 2020 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$509,999
MLS# 2250784488812 Madrid Circle, Naples, FL, 34104
$554,000
MLS# 20260124045118 Harrogate Court, Naples, FL, 34112
$429,000
MLS# 226022953319 Stanhope Circle, Naples, FL, 34104
$429,900
MLS# 2260240692049 50th Street, Naples, FL, 34116
$439,900
MLS# 2260130251747 Reuven Circle 4, Naples, FL, 34112
$489,500
MLS# 2260204342665 Seychelles Circle 1907, Naples, FL, 34112
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.