Steeve Cadeau
$319,0003 bd2 ba1,330 sqft$240 /sqft$2,406 /mo all-in ↓

8294 KEY ROYAL CIRCLE UNIT 1631, NAPLES, FL, 34119

Active3 days on marketListed Jul 21, 2026MLS #A4700694

CondominiumKEY ROYAL CONDO

About this home

8294 KEY ROYAL CIRCLE UNIT 1631

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

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,330

Sqft

2003

Year built

One

Levels

$240

Per sqft

Water viewNegotiablePets allowed

Inside

FlooringTile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · High Ceilings · Split Bedroom · Thermostat · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
ViewWater
FacesSoutheast
ParkingAssigned · Covered
ExteriorSliding Doors

Community & fees

Taxes (2025)$2,725/yr
PetsNumber Limit, Size Limit, Yes
CommunityLake · Deed Restrictions · Dog Park · Fitness Center · Gated Community - No Guard · Sidewalks

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$2,406 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,878
FHA mortgage insurance (est.)$141
Property tax — 2025 actual bill$227
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $11,165Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $11,165
Interest rate6.00%
Loan term

Estimated payment

$2,406/mo

Principal & interest$1,878
FHA mortgage insurance (est.)$141
Property taxes (actual bill)$227
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Naples actives

$240 vs $333

Days on market

3 vs 17 typical

Where $240/sqft sits among the 81 Naples actives

24 · this home
25
15
8
3
6
$226–287$287–347$347–407$407–468$468–528$528+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Laurel Lakes / Laurelwood

Map of 8294 KEY ROYAL CIRCLE UNIT 1631 inside its neighborhood boundary

Get to know Naples. See the full Naples guide →

Laurel Lakes / Laurelwood — neighborhood snapshot

Population

2,222

Median age

44

Median income

$109,891

Median home value

$503,300

Avg household

3

Households w/ children

330

For the school run

Collier County School District

HighGulf Coast High School★★★★
ElementaryLaurel Oak Elementary School★★★★★
MiddleOakridge Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Naples market

Seller’s marketLeans seller4.4 months of inventoryBuyer’s market

$535K$625K

Naples median sold, yr/yr

95.3%

Sale-to-list ratio (12 mo)

13 of 81

Naples actives have cut their price

Median sold price, Naples, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 11% above the NAPLES 34119 median. See the full Naples market guide →

Paper trail

This home's history

Jul 21, 2026Listed at $319,000 · 3 days on market since
2003Built · KEY ROYAL CONDO

Reality check

What actually sold near 8294 KEY ROYAL CIRCLE UNIT 1631

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

109 BURNT PINE DRIVESold · May ’26

$624,000

109 BURNT PINE DRIVE

4 bd · 4 ba · 1,432 sqft · $436/sqft · 0 DOM

9077 GERVAIS CIRCLE UNIT 902Sold · Dec ’25

$275,000

9077 GERVAIS CIRCLE UNIT 902

3 bd · 2.5 ba · 1,200 sqft · $229/sqft · 39 DOM

285 SPIDER LILY LANESold · Mar ’26

$615,000

285 SPIDER LILY LANE

4 bd · 3 ba · 2,568 sqft · $239/sqft · 8 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 8294 KEY ROYAL CIRCLE UNIT 1631 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8294 KEY ROYAL CIRCLE UNIT 1631 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

8294 KEY ROYAL CIRCLE UNIT 1631 FAQs

What would the monthly payment be for 8294 KEY ROYAL CIRCLE UNIT 1631?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,406/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 8294 KEY ROYAL CIRCLE UNIT 1631?+

The most recent tax bill on record (2025) was $2,725. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 8294 KEY ROYAL CIRCLE UNIT 1631?+

The listing reports pets: Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Naples?+

At $319,000, this home is listed about 42% below the Naples median of $547,500. The market section on this page shows how the area is trending.

Which schools are assigned to 8294 KEY ROYAL CIRCLE UNIT 1631?+

Gulf Coast High School (high), Laurel Oak Elementary School (elementary), Oakridge Middle School (middle) — Collier County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$319,000 runs 11% above the NAPLES 34119 median.

02Water views

The water view is part of what you're buying — views hold value independently of the structure.

03Fresh on the market

Only 3 days on market in a Naples market that averages 17 — if it fits, move quickly.

04Strong assigned schools

Gulf Coast High School, Laurel Oak Elementary School, Oakridge Middle School — Gulf Coast High School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of PREMIERE PLUS REALTY COMPANY · Renee Malachowski. MLS #A4700694.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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