3 Bed Waterfront Home for Sale in Naples, FL, $2,450
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For RentMLS# 226027242

$2,450

3 Bed Waterfront Home for Sale in Naples, FL, $2,450

8294 Key Royal Circle 1631, Naples, FL, 34119

3 beds2 baths1,330 sqft
GatedFitness CenterClubhouseDog ParkCommunity PoolWaterfront

About this home

One of the very few genuine three-bedroom residences available for annual lease 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 — plus 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 primary suite is set well apart from the guest bedrooms, featuring dual closets and an 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, home office, den, hobby room, or formal dining room (as currently configured). A full-size in-residence laundry with washer and dryer completes the home. Furnishings are negotiable. A designated carport parking space 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 daily living effortless. Residents enjoy cable, high-speed internet/WiFi, water and sewer, exterior pest control, grounds maintenance, and security as part of the community amenities, 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. Available for annual lease only. 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
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$34/yr
Flood zone (area est.)
Not available
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
No
County
Collier

Amenities

BilliardRoomBilliardsBikeStorageBusinessCenterClubhouseDogParkFitnessCenterHobbyRoomLibraryBarbecuePicnicAreaPoolSpaHotTubSidewalksTrailsVehicleWashArea

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Market trends — Naples

Median list
$679,400
Median $/sqft
$370
Median sold (90d)
$625,000
Avg days on market
110
Active listings
4,188
Median sold price · Naples
$625,000last 3 months1.3% vs $633,500 prior 3 months
Median closed price by month · Naples
1.4% MoM11.1% YoY
$530k$599k$668kJul ’25Jul ’26
$633,500Jul ’26 · 428 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.

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
6.4 mi
Physicians Regional (Naples)
Beach
7.6 mi
Vanderbilt Beach (Naples)
Airport
9.5 mi
Naples Airport
Shopping
6.7 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.