NOT LISTED FOR SALE

533 Key Royale Dr Holmes Beach, FL 34217

Estimated Value: $1,438,000 - $3,079,000

4 Beds
5 Baths
3,125 Sq Ft
$817/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $2,880,000 $922 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $17,119/month

105 Days on Market

Highlights

  • 105 Feet of Salt Water Canal Waterfront
  • Water access To Gulf or Ocean To Bay
  • Intracoastal View
  • Dock has access to electricity
  • Boat Lift
  • Screened Pool

About This Home

As of April 2024

PRICE REDUCTION!!! - BOATER'S PARADISE IN KEY ROYALE! Showcasing dramatic water views from every room, this spacious 4-bedroom, 5-bathroom, 3-car garage home is located in the highly coveted waterfront community of Key Royale. A boater’s dream, this well-maintained property offers a long dock with a 16,000-lb. boat lift and spans 105 feet along a deep-water canal, offering direct access to the Intracoastal Waterway, Tampa Bay, Gulf of Mexico and beyond. Encompassing 3,100 square feet, the home features an expansive open floor plan with high ceilings in the main living area and four en-suite bedrooms, providing plenty of room for entertaining and accommodating overnight guests. Boasting a desirable southern exposure, the waterfront outdoor living space is perfect for savoring spectacular sunrises, cooking in the outdoor kitchen, lounging by the pool deck or relaxing in the heated pool and spa while watching playful dolphins. Key Royale residents can opt to join the private Key Royale Golf Club, featuring the island’s only golf course, along with dining and social activities. Anna Maria Island’s beautiful beaches and various points of interest are just a golf cart ride away, and nightly sunset cruises to the open waters with no bridges are easily accessible from your backyard. Call today for your private showing.

Last Agent to Sell the Property

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3387020 Listed on: 11/20/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3387020 Listed on: 11/20/2023

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,074

Year Built

  • Built in 1995

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 105 x 231
  • 105 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned R1

Parking

  • 3 Car Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • Bayou
  • Canal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Security System Leased

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Lighting
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Minimum Wake Zone
  • Boat Lift
  • Dock has access to electricity
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near golf course

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Key Royale Community
  • Key Royale 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,074

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3125
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 4825
  • Lot Size Sq Ft: 21388
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 448.26
  • Escrow City: Bradenton
  • Escrow State: FL
  • Escrow Street Name: Manatee Ave
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 921.60
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-896-9981
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Dry Bar, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Inside Utility
  • Living Area Meters: 290.32

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Minimum Wake Zone
  • Water Frontage Feet Canal Salt: 105
  • Water View: Bayou,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 105

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Ground Level

Utilities

  • Utilities: Electricity Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Leased
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See Manatee County Rules and Regulations

Fee Information

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

Lot Info

  • Zoning: R1
  • Parcel Number: 7261500008
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Flood Insurance Required, FloodZone, Landscaped, Near Golf Course, Sidewalk, Paved
  • Lot Dimensions: 105 X 231
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Holmes Beach City Codes and Regulations.

Tax Info

  • Tax Annual Amount: 15074.39
  • Tax Book Number: 10-21
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Approval Process: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Apr 4, 2024
Sold by
Roger W Cappello Trust and Cappello Roger W
Bought by
533 Krd Trust and Rozdolsky
Seller's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
List Price
$3,535,000
Sold Price
$2,880,000
Premium/Discount to List
-$655,000
-18.53%
Views
67
Current Estimated Value
$2,552,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$327,039
Avg. Annual Appreciation
-6.55%

Purchase Details

Closed on
Mar 24, 2015
Sold by
Cappello Roger W and Cappello Patricia H
Bought by
Cappello Roger W and The Roger W Cappello Trust

Purchase Details

Closed on
Dec 15, 2008
Sold by
Cappello Roger W and Cappello Patricia H
Bought by
Cappello Roger W and The Roger W Cappello Trust

Purchase Details

Closed on
Oct 7, 1999
Sold by
Duggin Thomas L and Duggin Mae S
Bought by
Cappello Roger W and Cappello Patricia H
Source: Public Records
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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
533 Krd Trust $2,880,000 Barnes Walker Title
Cappello Roger W -- None Available
Cappello Roger W -- Attorney
Cappello Roger W -- Attorney
Cappello Roger W $600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $2,880,000 +0.2% $922 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $2,875,000 -4.2% $920 / Sq Ft
01/16/2024 01/16/24 Price Changed $3,000,000 -13.0% $960 / Sq Ft
12/07/2023 12/07/23 Price Changed $3,450,000 -2.4% $1,104 / Sq Ft
11/20/2023 11/20/23 For Sale $3,535,000 -- $1,131 / 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 $46,815 $2,827,695 $1,071,000 $1,756,695
2023 $15,074 $950,681 $0 $0
2022 $14,823 $922,991 $0 $0
2021 $14,396 $896,108 $0 $0
2020 $14,874 $883,736 $0 $0
2019 $14,147 $849,859 $0 $0
2018 $13,889 $834,013 $0 $0
2017 $12,914 $810,777 $0 $0
2016 $12,899 $794,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4589403

Stellar MLS

APN: 72615-0000-8