$2,750,000

Estimated payment $16,572/month

Total Views 685
3 Beds
3 Baths
2,668 Sq Ft
$1,031 Price per Sq Ft

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Boat Lift
  • Canal View
  • Anna Maria Elementary School Rated 9+
  • In Ground Pool
  • Vaulted Ceiling

About This Home

Welcome to 514 Key Royale Drive, where luxury waterfront living meets the relaxed island lifestyle. Nestled in the exclusive and highly sought-after Key Royale community, this beautifully appointed 3-bedroom, 3-bathroom home sits on a generous .24-acre waterfront lot and offers 100 feet of deep-water canal frontage, featuring a private boat dock and lift, with direct boating access to Tampa Bay and the Gulf of Mexico. Step outside to enjoy the heated pool and spa overlooking the water, creating the perfect setting for relaxing or entertaining. Recent updates include two new air conditioning systems, a new electric pool heater, and a new water heater, all installed in 2024 and 2025. The bright, open floor plan is enhanced by soaring vaulted ceilings and recessed lighting throughout the main living area, creating an inviting space filled with natural light. Designed with both comfort and style in mind, the beautifully updated gourmet kitchen features new stainless steel appliances, rich granite countertops, abundant cabinetry, and generous workspace—perfect for preparing meals or gathering with family and friends. The spacious primary suite is a private retreat with two walk-in closets and a luxurious en-suite bath. One of the guest bedrooms also features its own en-suite bathroom, providing exceptional comfort and privacy for family or visitors. Just a few blocks away, the Key Royale Club offers optional golf or social memberships, allowing you to enjoy its private par-32 nine-hole golf course, clubhouse, dining, and year-round social events. Whether you're an avid golfer or simply looking to embrace the island lifestyle, this amenity adds to the appeal of this exceptional location. Key Royale allows one-month minimum rentals, making this home an outstanding opportunity as a full-time residence, seasonal getaway, or income-producing investment.

Listing Agent

Tanya McCormick

AN ISLAND PLACE REALTY INC Brokerage Phone: 941-720-2242 License #3322190 Listed on: 07/03/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,628

Year Built

  • Built in 1973

Lot Details

  • 10,498 Sq Ft Lot
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Irrigation Equipment
  • Property is zoned R1

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,668 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Dinette
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Open Dock
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Key Royale Community
  • Key Royale 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,628

Year Built

Built in 1973

Lot Details

10,498 Sq Ft Lot

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2668
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3746
  • Lot Size Sq Ft: 10498
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 348.01
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1030.73
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-720-2242
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Living Area Meters: 247.87

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Lighting
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Lift,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 100
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12081C0139F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric, Solar
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 90.00
  • Total Monthly Fees: 7.50
  • Monthly HOA Amount: 7.50

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 7263800000
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with the City of Holmes Beach

Tax Info

  • Tax Annual Amount: 23628
  • Tax Book Number: 10-21
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,628 $1,413,952
2023 $22,387 $1,760,592 $680,000 $1,080,592
2022 $19,668 $1,455,062 $500,000 $955,062
2021 $15,644 $965,748 $450,000 $515,748
2020 $15,123 $887,148 $400,000 $487,148
2019 $15,027 $881,758 $400,000 $481,758
2018 $9,269 $565,864 $0 $0
2017 $8,678 $554,225 $0 $0
2016 $8,663 $542,826 $0 $0
2015 $8,578 $539,053 $0 $0
2014 $8,578 $534,775 $0 $0
2013 $7,328 $452,399 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2026 07/03/26 For Sale $2,750,000 +139.1% $1,031 / Sq Ft
04/04/2018 04/04/18 Sold $1,150,000 -4.1% $431 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $1,199,000 -4.1% $449 / Sq Ft
11/14/2017 11/14/17 Price Changed $1,250,000 -3.8% $469 / Sq Ft
07/26/2017 07/26/17 Price Changed $1,299,000 -3.4% $487 / Sq Ft
06/21/2017 06/21/17 For Sale $1,345,000 +92.1% $504 / Sq Ft
04/30/2013 04/30/13 Sold $700,000 0.0% $262 / Sq Ft View Prior Sale
03/25/2013 03/25/13 Pending -- -- --
01/30/2013 01/30/13 Off Market $700,000 -- --
01/25/2013 01/25/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $699,999 -- $262 / Sq Ft
Source: Stellar MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,140,000 Attorney
Warranty Deed $700,000 Barnes Walker Title Inc
Warranty Deed $300,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: A4698679

Stellar MLS

APN: 72638-0000-0

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