NOT LISTED FOR SALE

8234 Key Royal Cir Unit 525 Naples, FL 34119

Arrowhead-Island Walk Neighborhood

Estimated Value: $226,709 - $249,000

2 Beds
1 Bath
943 Sq Ft
$284/mo HOA Fee

Last Sold July 25, 2023

Last sale price $250,000 $265 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,703/month

59 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Maid or Guest Quarters
  • Laurel Oak Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of July 2023

LOCATION, LOCATION, LOCATION!!!! 2 bed 1 bath in Key Royal Villas ! Perfect rental income property!!! Only 7miles aprx from beaches!!! Close to I75 highway. Newer AC with UV Light system installed and Hot water Tank! This second floor unit has beautiful Granite countertops in kitchen and bathroom, tiled flooring in kitchen, living room, and hallway. Upgraded ceiling fans and carpet in bedrooms. Upgraded appliances Washer and Dryer in unit. Key Royal offers low HOA fees of $851.63 per quarter includes basic cable and valet trash pick-up, heated pool and spa with tiki hut, and Clubhouse with library, billiards, and 24 hour exercise room. Being sold AS IS with right to inspect. Great second or year round condo! A rated schools! Great lake airy view from den and bedrooms. Professionally managed gated property near new NCH Hospital, shopping, and restaurants in North Naples. Bring ALL offers!

Last Agent to Sell the Property

Pat Campana

eXp Realty LLC License #249523983 Listed on: 05/27/2023

eXp Realty LLC

Last Buyer's Agent

Nancy Golya

EXP Realty LLC License #249528346

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 1 Full Bathroom
  • Bathtub
  • Separate Shower

Home Security

Schools

  • Laurel Oak Elementary School
  • Oakridge Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 525
  • Assessor Parcel Number 52790001668

Community Details

Overview

  • Association fees include management, internet, irrigation water, ground maintenance, pest control, reserve fund, street lights, trash
  • 270 Units
  • Association Phone (239) 963-6796
  • Low-Rise Condominium
  • Key Royal Condominiums Subdivision
  • Car Wash Area

Amenities

  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,641

Year Built

Built in 2003

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: KEY ROYAL CONDOMINIUMS
  • Directions: Two miles east of I75 off Immokalee Road. Take shared road with Laurel Lakes to gate. Go left around roundabout to the end of street -Building 5 , second floor.
  • Architectural Style: None, Other, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 2003
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, High Speed Internet
  • Living Area: 943.0
  • Dining Room Type: Guest Quarters
  • Stories: 1
  • Window Features: Other, Window Coverings

Exterior Features

  • Lot Features: Other, Pond on Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Other
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Billiard Room, Business Center, Clubhouse, Library, Pool, Vehicle Wash Area, Management
  • Association #2 Fee: 851.63
  • Association #2 Fee Frequency: Quarterly
  • Phone: 2399636796
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Street Lights, Trash

Schools

  • Elementary School: LAUREL OAK ELEMENTARY SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Middle Or Junior School: OAKRIDGE MIDDLE SCHOOL

Lot Info

  • Parcel #: 52790001668

Multi Family

  • Number Of Units In Community: 270

Tax Info

  • Tax Annual Amount: 1640.6
  • Tax Lot: 525
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 25, 2023
Sold by
Rodriguez Ortega Benjamin
Bought by
Houp Cameron G
Seller's Agent
Pat Campana
eXp Realty LLC
Buyer's Agent
Nancy Golya
EXP Realty LLC
List Price
$279,999
Sold Price
$250,000
Premium/Discount to List
-$29,999
-10.71%
Views
31
Current Estimated Value
$234,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,823
Avg. Annual Appreciation
-2.93%
Original Mortgage
$11,875
Outstanding Balance
$11,598
Interest Rate
6.69%
Estimated Equity
$222,579

Purchase Details

Listed on
Jan 14, 2018
Closed on
Jul 27, 2018
Sold by
Warzala Richard L
Bought by
Ortega Benjamin Rodriguez
Seller's Agent
Anthony Lozzi
Buyer's Agent
Vivian Ferreira
Premiere Plus Realty Company
List Price
$167,500
Sold Price
$152,650
Premium/Discount to List
-$14,850
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$147,440
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Hernandez Luis and Vicent Joselin Trinidad
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Feb 9, 2006
Sold by
Moen Enterprises Llc
Bought by
Hernandez Luis and Vicent Joselin Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,936
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Velickovic Marijana and Epperson Christopher A
Bought by
Moen Enterprises Llc

Purchase Details

Closed on
Dec 8, 2004
Sold by
Fermm Llc
Bought by
Velickovic Marijana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,192
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Houp Cameron G $250,000 None Listed On Document
Ortega Benjamin Rodriguez $152,650 First American Title
Hsbc Bank Usa National Association -- None Available
Hernandez Luis $246,170 Naples Title
Moen Enterprises Llc $198,000 Midwest Title
Velickovic Marijana $128,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houp Cameron G $11,875
Open Houp Cameron G $237,500
Previous Owner Ortega Benjamin Rodriguez $147,440
Previous Owner Hernandez Luis $196,936
Previous Owner Velickovic Marijana $103,192
Closed Velickovic Marijana $25,798
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $250,000 -10.7% $265 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $279,999 +83.4% $297 / Sq Ft
07/27/2018 07/27/18 Sold $152,650 -7.8% $162 / Sq Ft View Prior Sale
06/11/2018 06/11/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $165,500 -1.2% $176 / Sq Ft
01/14/2018 01/14/18 For Sale $167,500 -- $178 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,121 $202,146 -- $202,146
2024 $1,830 $210,660 -- $210,660
2023 $1,830 $151,748 $0 $0
2022 $1,641 $137,953 $0 $0
2021 $1,432 $125,412 $0 $125,412
2020 $1,397 $123,520 $0 $123,520
2019 $1,385 $121,628 $0 $121,628
2018 $1,201 $95,154 $0 $0
2017 $1,157 $86,504 $0 $0
2016 $1,041 $78,640 $0 $0
2015 $891 $71,491 $0 $0
2014 -- $64,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pat Campana

    eXp Realty LLC

    Section Image

  • N

    Buyer's Agent in 2023

    Nancy Golya

    EXP Realty LLC

    Section Image

  • A

    Seller's Agent in 2018

    Anthony Lozzi

    Section Image
  • Vivian Ferreira

    Buyer's Agent in 2018

    Vivian Ferreira

    Premiere Plus Realty Company

    (239) 777-4731

    36 Total Sales

    Vivian Ferreira
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223040024

Florida Gulf Coast Multiple Listing Service

APN: 52790001668

Florida Collier County Naples 34119 Arrowhead-Island Walk

8234 Key Royal Cir Unit 525, Naples, FL

This home is located at 8234 Key Royal Cir Unit 525, Naples, FL 34119 since 27 May 2023 and is currently estimated at $234,177, approximately $248 per square foot. This property was built in 2003. 8234 Key Royal Cir Unit 525 is a home located in Collier County with nearby schools including Laurel Oak Elementary School, Oakridge Middle School, and Gulf Coast High School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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