$319,000
3 Bed Waterfront Home for Sale in Naples
8294 Key Royal Circle 1631, Naples, FL, 34119
About this home
One of the very few genuine three-bedroom residences available in Key Royal — and a top-floor END UNIT at that. While most of this community are two-bedroom floor plans, this rarely offered "Blue Heron" layout delivers a true third bedroom, a split-bedroom design, and 1,330 sq ft of light-filled living just east of I-75 off Immokalee Road in the heart of North Naples. As an end unit on the third floor, it enjoys added privacy, only one shared wall, and no neighbors above — and a vaulted living room ceiling. Set on a tranquil lake with a lighted fountain, the home's northwest exposure bathes the interior in beautiful evening light and sunset reflections viewed from a screened lanai — one of the finest water views in the community. Tile flooring runs throughout, with a great room, breakfast bar, formal dining, and a kitchen appointed with white cabinetry, granite counters, and a full appliance suite. The private owners' suite is set well apart from the guest bedrooms, featuring dual closets, and en-suite bath with a jetted tub. Two additional bedrooms and a second full bath with a custom walk-in shower deliver the flexibility a two-bedroom simply can't — a dedicated guest suite, a home office, a den, or a hobby room. A full-size in-residence laundry with washer and dryer completes the home, and furnishings are negotiable. A designated carport parking location sits ideally in front of the unit. Key Royal is a gated, patrolled community of 270 residences wrapped around two lakes with lighted fountains. Its clubhouse anchors resort-style living: 24-hour fitness center, billiards, game and card rooms, business/computer center, and library, plus a heated pool and spa, poolside tiki-hut bar, BBQ and picnic areas, bike-and-jog paths, dog park, and vehicle wash area. On-site management, trash valet, underground utilities, and lush landscaping keep it effortless. The quarterly fee includes cable, high-speed internet/WiFi, water and sewer, exterior pest control, grounds maintenance, reserves, and security — with public water and sewer and no CDD. The location is unbeatable: zoned for well-regarded Laurel Oak Elementary, Oakridge Middle, and Gulf Coast High, and minutes from Founders Square, the Shoppes at Pebblebrooke, Logan's Landing, Publix, Aldi, and NCH healthcare. Quick I-75 access puts RSW airport, downtown Naples, and the Gulf beaches (about 8 miles) all within easy reach. Space, privacy, and a premium top-floor lake view rarely come together like this in Key Royal — schedule your private showing today.
Property details
- Type
- Condominium
- Year built
- 2003
- Interior
- 1,330 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 46
- Total association fees
- $5,592/yr (~$466/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,466/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Northwest
- 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
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.
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 7965 Preserve Circle 732 | Feb 2026 | $310,000 | 3/2 | 1,500 | $207 |
| 1903 Morning Sun Lane F21 | Jul 2026 | $295,000 | 2/2 | 1,307 | $226 |
| 1787 Morning Sun Lane F3 | Jul 2026 | $305,000 | 2/2 | 1,307 | $233 |
| 9077 Gervais Circle 902 | Dec 2025 | $275,000 | 3/2 | 1,200 | $229 |
| 9076 Gervais Circle 407 | Oct 2025 | $287,000 | 2/2 | 1,415 | $203 |
| 9076 Gervais Circle 410 | Jul 2026 | $303,000 | 3/2 | 1,200 | $253 |
| Average | 6 comps | $295,833 | $225 |
Market trends, Key Royal Condominiums
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Built 2003 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- No garage listed
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.
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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.