NOT LISTED FOR SALE

531 Key Royale Dr Holmes Beach, FL 34217

Estimated Value: $2,436,000 - $2,881,460

3 Beds
2.5 Baths
2,670 Sq Ft
$984/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $2,100,000 $787 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,338/month

3 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Custom Home
  • Cathedral Ceiling
  • Heated In Ground Pool
  • Open Floorplan
  • Marble Flooring

About This Home

As of March 2021

Escape the snow and cold to this waterfront single-family resort-style home on Anna Maria Island located directly on Watsons Bayou. This 3-bedroom, 2.5-bath home was previously featured on the AMI Tour of Homes. Extensively remodeled with 3,636 square feet under roof and 2,670 living square feet. Features include an open floor plan with spacious kitchen, living and dining room areas perfect for entertaining, engineered hardwood floors, granite and custom kitchen tile, custom trim and built-in media center. The home also features a split floor plan with a private master wing complete with marble, two large bedrooms on the opposite side of the home with a shared bath, an office and a garage. The exterior includes a custom pool that has a built-in slide and waterfall, spa, tiki area, outdoor Sonos speakers and plenty of space for outdoor living/entertaining, outdoor shower, dock, boat lift and kayak lift. Enjoy life - Live on an island in Florida.

Last Agent to Sell the Property

Laurie Mock

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3038947 Listed on: 02/21/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kathy Wilkes

SARASOTA'S WEST COAST REALTY License #0692099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,546

Year Built

  • Built in 2013

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x178
  • Property Fronts a Bay or Harbor
  • Property fronts a bayou
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Golf Cart Parking

Property Views

  • Water
  • Pool

Home Design

  • Custom Home
  • Florida Architecture
  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,670 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Shutters
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Utility Room
  • Attic

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Approach with Ramp

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Alarm
  • Outside Bathroom Access
  • Pool Tile
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Propane
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Key Royale Community
  • Key Royale 1St Add Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7261600006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,546

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida, Key West
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Minimum Wake Zone, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 2670.00
  • Homestead: Yes
  • Lot Size Acres: 0.41
  • Year Built: 2013
  • Accessibility Features: Accessible Approach with Ramp
  • Building Area Total: 3636.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492420?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492420?w=Customer
  • Lot Size Sq Ft: 17799
  • Building Search Sq Meters: 337.80
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Additional Rooms: Attic, Great Room, Inside Utility
  • Flooring: Marble, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Downstairs, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: One
  • Other Equipment: Fuel Tank(s), Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Drapes, Insulated Windows, Rods, Shades, Shutters, Window Treatments
  • Living Area Meters: 248.05

Exterior Features

  • Direction Faces: North
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 100
  • Waterfront Feet Bayou: 100
  • Water Access: Bay/Harbor, Bayou
  • Pool Features: Auto Cleaner, Heated, In Ground, Lighting, Outside Bath Access, Pool Alarm, Salt Water, Tile
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors
  • Roof: Metal
  • Water View: Bay/Harbor - Partial, Bayou, Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: WATSONS BAYOU
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Door Opener, Golf Cart Parking, On Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • S W Subdiv Community Name: Key Royale
  • Pet Restrictions: Per City Codes
  • Security: Security Fencing/Lighting/Alarms, Security Lights, Security System, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 200

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R1
  • Parcel Number: 7261600006
  • Lot Features: Flood Insurance Required, FloodZone
  • Lot Dimensions: 100x178
  • Lot Size Square Meters: 1654

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Per City Codes
  • Furnished: Partially
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 20546.19
  • Tax Book Number: 10-21
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Mar 24, 2021
Sold by
Guiler Thomas A and Guiler Cesira
Bought by
Danial Mark and Danial Theresa Ann
Seller's Agent
Laurie Mock
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathy Wilkes
SARASOTA'S WEST COAST REALTY
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$2,628,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,153
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 30, 2015
Sold by
Warren Walter and Warren Jarlath
Bought by
Guiler Thomas A and Guiler Cesira
Seller's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
Buyer's Agent
Billi Gartman
ANNA MARIA LIFE REAL ESTATE
List Price
$2,295,000
Sold Price
$1,695,000
Premium/Discount to List
-$600,000
-26.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$1,300,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2011
Sold by
White Gazella M and Bear Gazella M
Bought by
Warren Walter and Warren Jalarth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2005
Sold by
Winters Nathan and Nathan Winters Family Trust
Bought by
Winters Nathan and Winters Lucille D

Purchase Details

Closed on
Sep 24, 2005
Sold by
Winters Lucille D
Bought by
White Gazella M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Danial Mark $2,100,000 Attorney
Guiler Thomas A $1,695,000 None Available
Warren Walter $575,000 Attorney
Winters Nathan -- --
Winters Nathan -- --
White Gazella M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guiler Thomas A $1,300,000
Previous Owner Warren Walter $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2021 03/24/21 Sold $2,100,000 0.0% $787 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $2,100,000 +23.9% $787 / Sq Ft
04/30/2015 04/30/15 Sold $1,695,000 -5.6% $635 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Pending -- -- --
11/26/2014 11/26/14 Price Changed $1,795,000 -10.0% $672 / Sq Ft
08/11/2014 08/11/14 Price Changed $1,995,000 -11.1% $747 / Sq Ft
06/25/2014 06/25/14 Price Changed $2,245,000 -2.2% $841 / Sq Ft
03/12/2014 03/12/14 For Sale $2,295,000 -- $860 / Sq Ft
Source: Stellar MLS

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 $32,777 $921,356 $841,500 $79,856
2023 $41,863 $2,731,418 $748,000 $1,983,418
2022 $30,925 $2,288,642 $550,000 $1,738,642
2021 $19,872 $1,267,643 $0 $0
2020 $20,546 $1,250,141 $0 $0
2019 $20,033 $1,222,034 $0 $0
2018 $19,768 $1,199,248 $0 $0
2017 $18,504 $1,174,582 $0 $0
2016 $18,493 $1,150,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4492420

Stellar MLS

APN: 72616-0000-6