8275 Key Royal Circle 1121 Naples, FL 34119
Two-bedroom, two-bathroom condo with lake views and ample storage.
- Added:
- Feb 1, 2025
- Days on Market:
- 528
- Last Refresh:
- May 19 at 10:27 pm
Property Features for 8275 Key Royal Circle 1121
General Information
- Standard status
- Active
- Size
- 1,106 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2004
Listing office Premier Property Management (239) 380-0987
Listing date Feb 1, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Premier Property Management
Investment Insights
Based on property information with market context.
Key Highlights
- Stunning lake views
- Gated Key Royal community
- Just 15 minutes from the Gulf of Mexico and Naples beaches
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $26.04 |
| − Vacancy | −$1.5k | −$1.35 |
| EGI | $27.3k | $24.69 |
| − OpEx | −$12.3k | −$11.11 |
| NOI | $15.0k | $13.58 |
