8294 Key Royal CIR #1631
About This Property
The manager has listed the unit size as 1062 square feet.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Price Increased |
$349,000
↑ $30K
(9.4%) | |
| Price Increased | |||
| Jul 21, 2026 | Listed | $319,000 | |
| Listed | |||
| |||
|
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 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.
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
| |||
| Dec 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 20, 2022 | Listed | $335,000 | |
| Listed | |||
| Jul 31, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/29/2024
|
3 Bed
|
2 Bath
|
1283 ft²
|
$329,999
3 Bed
2 Bath
1283 ft²
|
-
-
|
Janet Berry
Premiere Plus Realty Co.
| |
|
08/23/2023
|
2 Bed
|
1 Bath
|
943 ft²
|
$300,000
2 Bed
1 Bath
943 ft²
|
-
-
|
George Messeha
Florida Home Realty of Collier
| |
|
07/25/2023
|
2 Bed
|
1 Bath
|
943 ft²
|
$295,000
2 Bed
1 Bath
943 ft²
|
-
-
|
Brittany Carlson
MVP Realty Associates LLC
| |
|
09/08/2022
|
2 Bed
|
1 Bath
|
943 ft²
|
$300,000
2 Bed
1 Bath
943 ft²
|
-
-
|
George Messeha
Florida Home Realty of Collier
| |
|
06/20/2022
|
3 Bed
|
2 Bath
|
1062 ft²
|
$335,000
3 Bed
2 Bath
1062 ft²
|
-
-
|
George J Oberdorster
MVP Realty Associates LLC
| |
|
06/03/2022
|
2 Bed
|
1 Bath
|
946 ft²
|
$239,000
2 Bed
1 Bath
946 ft²
|
$224,000
-6.28%
07/11/2022
|
Michael F Corso, PA
MVP Realty Associates LLC
| |
|
05/30/2021
|
2 Bed
|
1 Bath
|
1016 ft²
|
$210,000
2 Bed
1 Bath
1016 ft²
|
-
-
|
-
| |
|
01/06/2021
|
3 Bed
|
2 Bath
|
1186 ft²
|
$219,000
3 Bed
2 Bath
1186 ft²
|
$190,000
-13.24%
02/12/2021
|
Michael F Corso, PA
| |
|
08/29/2020
|
2 Bed
|
1 Bath
|
1016 ft²
|
$150,000
2 Bed
1 Bath
1016 ft²
|
-
-
|
-
| |
|
07/09/2020
|
3 Bed
|
2 Bath
|
1186 ft²
|
$219,000
3 Bed
2 Bath
1186 ft²
|
-
-
|
-
| |
|
10/16/2019
|
2 Bed
|
1 Bath
|
943 ft²
|
$159,900
2 Bed
1 Bath
943 ft²
|
-
-
|
-
| |
|
10/29/2018
|
2 Bed
|
1 Bath
|
946 ft²
|
$160,000
2 Bed
1 Bath
946 ft²
|
-
-
|
-
| |
|
07/05/2018
|
3 Bed
|
2 Bath
|
1186 ft²
|
-
3 Bed
2 Bath
1186 ft²
|
-
-
|
-
| |
|
11/09/2010
|
2 Bed
|
1 Bath
|
943 ft²
|
$52,500
2 Bed
1 Bath
943 ft²
|
$52,000
-0.95%
02/07/2011
|
Steve Gitkos
ERA Naples Realty Services
|
Building Info
- 1 Unit for Sale
About Urban Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,700 /mo
- 2 Beds
- 2 Baths
- 1,440 ft²
$7,000 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017