$1,565,000

501 Key Royale Dr Holmes Beach, FL 34217

Estimated payment $10,004/month

Total Views 6,805
3 Beds
2 Baths
1,759 Sq Ft
$890 Price per Sq Ft

Highlights

  • Very Popular Property
  • 32 Feet of Salt Water Canal Waterfront
  • Intracoastal View
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • Heated In Ground Pool

About This Home

This elevated canalfront home on VERY rare 15,000 Sq. Ft. lot is not one to miss! In the heart of Holmes Beach, this LOCATION is everything. Perfectly positioned on an oversized lot of nearly 15,000 sq. ft., this property combines privacy, space, and stunning water views. The oversized lot provides rare breathing room and a sense of seclusion, while the property’s monthly rental zoning allows for flexible short-term rental opportunities without the heavy tourist traffic of nightly rentals. Step outside to your private pool and enjoy panoramic open-water vistas down the canal, or relax on the front porch where you can watch breathtaking sunsets every evening. Inside, the home has been thoughtfully renovated with a fresh, modern design and all new appliances--ready for you to move in and enjoy right away. Natural light in each room makes your island lifestyle come to life! Whether you’re looking for a serene island getaway or an investment opportunity, this Holmes Beach gem offers the best of both worlds--coastal charm, open water beauty, and everyday convenience

Listing Agent

Shannon O'Brien Kerney

SATO REAL ESTATE INC. Brokerage Phone: 941-778-7200 License #3573746 Listed on: 09/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,092

Year Built

  • Built in 1991

Lot Details

  • 0.33 Acre Lot
  • 32 Feet of Salt Water Canal Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • North Facing Home
  • Corner Lot
  • Oversized Lot
  • Irrigation Equipment
  • Property is zoned R2

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Ocean To Bay
  • Full Bay or Harbor
  • Canal

Home Design

  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,759 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Property is near a marina
  • Access to Saltwater Canal
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Shed
  • Private Mailbox

Location

  • Flood Zone Lot

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Holmes Beach Community
  • Holmes Beach 17Th Unit Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,092

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1759
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3882
  • Lot Size Sq Ft: 14418
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 889.71
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_NumAssignedParkingSpaces: 3
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 941-778-7200
  • Tax Year: 2024
  • Special Features: OpenHouse

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Living Area Meters: 163.42

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s), Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Private Mailbox
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 32
  • Water View: Bay/Harbor - Partial,Canal,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 32
  • Flood Zone Panel: 12081C0139F

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R2
  • Parcel Number: 7240700000
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, Near Marina, Oversized Lot, Sidewalk, Paved
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rental restrictions per city of Holmes Beach.

Tax Info

  • Tax Annual Amount: 20092
  • Tax Block: 6
  • Tax Book Number: 10-4
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,092 $1,367,943 -- --
2024 $20,092 $1,329,391 -- --
2023 $19,972 $1,290,671 $0 $0
2022 $19,447 $1,246,097 $475,000 $771,097
2021 $13,744 $835,926 $427,500 $408,426
2020 $13,150 $756,600 $380,000 $376,600
2019 $13,061 $756,600 $380,000 $376,600
2018 $12,130 $697,542 $380,000 $317,542
2017 $10,826 $653,211 $0 $0
2016 $10,033 $585,902 $0 $0
2015 $8,802 $613,064 $0 $0
2014 $8,802 $518,565 $0 $0
2013 $8,661 $503,461 $304,300 $199,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $1,565,000 -- $890 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Attorney
Warranty Deed $650,000 --
Warranty Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $183,750 No Value Available
Source: Public Records

About the Listing Agent

Shannon O'Brien Kerney

SATO REAL ESTATE INC.

(941) 541-6893

Section Image

Shannon O'Brien is a Realtor specializing in Anna Maria Island, Florida. As a proud native of the Sunshine State, Shannon was born in Sarasota and raised in the vibrant city of Bradenton. With an extensive network of local connections and deep-rooted knowledge of the area, she has established herself as a trusted expert in the real estate market.

Being a lifelong resident of Bradenton, Shannon comes from a family with a rich history in the region, spanning five generations. This gives

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  • 204 Tarpon St Unit A, Anna Maria, FL 34216

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  • 127 Crescent Dr, Anna Maria, FL 34216

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Source: Stellar MLS

MLS Number: A4666777

Stellar MLS

APN: 72407-0000-0