NOT LISTED FOR SALE

8234 Key Royal Cir Unit 531 Naples, FL 34119

Arrowhead-Island Walk Neighborhood

Estimated Value: $239,000 - $277,000

2 Beds
2 Baths
1,020 Sq Ft
2003 Built

Last Sold November 30, 2017

Last sale price $159,900 $157 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,506/month

68 Days on Market

Highlights

  • Central Heating and Cooling System
  • Laurel Oak Elementary School Rated A
  • Ceiling Fan

About This Home

As of November 2017

Rarely available 2 Bed 2 Bath 3rd floor end unit with vaulted ceilings in Key Royal. This unit has a screened in Lanai, new A/C and Heating unit, installed on 12/20/2016, new appliances (washer and dryer, refrigerator, stove, garbage disposal and Bosch dishwasher). This unit also has new screen installed on the balcony that overlooks a nice lake view with a southern exposure also a Anderson Storm door. Last but not least high end beautiful flooring has been installed as well. With approximately $15,000.00 in upgrades in the last year all you need to do is move into this beautiful unit.

Last Agent to Sell the Property

Michael Corso

Realty One Group MVP Listed on: 08/25/2017

Co-Listed By

Michele Corso

Realty One Group MVP

Last Buyer's Agent

Debra Sforza

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,050

Year Built

  • 2003

Parking

  • Deeded Parking

Home Design

  • Entry on the 3rd floor
  • Tile

Interior Spaces

  • 1,020 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Key Royal Condominiums

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,050

Year Built

2003

Lot Details

0

Listing Details

  • Legal Description: KEY ROYAL A CONDOMINIUM UNIT 531
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Additional Rooms: Screened Balcony
  • Bedroom Description: Split Bedrooms
  • Dining Room: Family Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer, Washer/Dryer Hookup
  • Floor Plan: Split Bedrooms
  • Flooring: Laminate
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Smoke Detectors, Vaulted Ceiling
  • Primary Bathroom: Combo Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 156.76
  • Total Floors: 3

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Built In Grill
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Windows: Single Hung
  • Roof: Tile

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Billiards, Business Center, Clubhouse, Exercise Room, Fitness Center Attended, Library
  • Community Type: Gated
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Street Lights, Street Maintenance, Trash Removal
  • Management Company Phone: 2393043266
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: KEY ROYAL CONDOMINIUMS

Association/Amenities

  • Units in Building: 18
  • Total Number of Units: 270
  • Pets: With Approval
  • Development: Key Royal Condominiums

Fee Information

  • Condo Fees: 777
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: South
  • View: Lake
  • Waterfront: Lake
  • Total Area: 1020

Rental Info

  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 20, 2017
Sold by
Farrar Kristen L and Orlando Gerard Fitzgerald
Bought by
8234 Key Royal Circle Llc
Seller's Agent
Michael Corso
Realty One Group MVP
Buyer's Agent
Debra Sforza
Premiere Plus Realty Company
List Price
$168,000
Sold Price
$159,900
Premium/Discount to List
-$8,100
-4.82%
Current Estimated Value
$251,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,930
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Fermm Llc
Bought by
Farrar Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8234 Key Royal Circle Llc $159,900 Florida Universal Title Llc
Farrar Kristen L $155,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrar Kristen L $124,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $159,900 0.0% $157 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/11/2017 10/11/17 Price Changed $159,900 -4.8% $157 / Sq Ft
08/25/2017 08/25/17 For Sale $168,000 -- $165 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $2,050 $201,225 -- --
2024 $2,007 $182,932 -- --
2023 $2,007 $166,302 $0 $0
2022 $1,801 $151,184 $0 $0
2021 $1,569 $137,440 $0 $137,440
2020 $1,531 $135,400 $0 $135,400
2019 $1,519 $133,360 $0 $133,360
2018 $1,482 $130,300 $0 $130,300
2017 $1,281 $96,748 $0 $0
2016 $1,154 $87,953 $0 $0
2015 $991 $79,957 $0 $0
2014 -- $72,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Corso

    Seller's Agent in 2017

    Michael Corso

    Realty One Group MVP

    (239) 287-4242

    23 in this area

    51 Total Sales

    Michael Corso
    Section Image
  • Michele Corso

    Seller Co-Listing Agent in 2017

    Michele Corso

    Realty One Group MVP

    (239) 287-4242

    24 in this area

    54 Total Sales

    Michele Corso
    Section Image

  • D

    Buyer's Agent in 2017

    Debra Sforza

    Premiere Plus Realty Company

    (239) 595-1323

    1 in this area

    10 Total Sales

    Debra Sforza
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217054770

Naples Area Board of REALTORS®

APN: 52790001707

Florida Collier County Naples 34119 Arrowhead-Island Walk

8234 Key Royal Cir Unit 531, Naples, FL

This home is located at 8234 Key Royal Cir Unit 531, Naples, FL 34119 since 25 August 2017 and is currently estimated at $251,830, approximately $246 per square foot. This property was built in 2003. 8234 Key Royal Cir Unit 531 is a home located in Collier County with nearby schools including Laurel Oak Elementary School, Oakridge Middle School, and Gulf Coast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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