NOT LISTED FOR SALE

668 Key Royale Dr Holmes Beach, FL 34217

Estimated Value: $1,597,000 - $2,378,000

4 Beds
4 Baths
2,419 Sq Ft
$800/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $2,350,000 $971 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $12,351/month

348 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Deeded Boat Dock
  • Heated Lap Pool
  • Anna Maria Elementary School Rated A-
  • Property is near a marina
  • Open Floorplan

About This Home

As of August 2024

HURRY - MAKE AN OFFER - $700,000 PRICE REDUCTION - PRICED TO SELL! This stunning canal front home was renovated, updated and expanded in 2018. Ideally located in the waterfront community of Key Royale on Anna Maria Island, this home offers a new and modern living experience with open floor plan, vaulted ceilings and 4 bedrooms with 4 ensuite bathrooms. It is perfect for a vacation home, year round living or earning that much sought after rental income with its documented rental history. This concrete block home is solidly built and has 2018 hurricane impact resistant windows and doors, 2018 kitchen, 2018 baths, a 2018 heated saltwater pool, a well for irrigation and was re-piped including sewer lines in 2018. Upon entering, you are greeted by an open concept floor plan, a light and airy aesthetic, high ceilings with wood beams, and tropical water views. The inviting and spacious great room is filled with natural light thanks to a full wall of glass French Doors overlooking the pool, saltwater canal and dock. The poolside loggia with vaulted custom wood ceiling and travertine lanai is a beautifully designed resort space with waterfront pool, perfect for swimming laps or lounging in semi-submerged chaises on the water-filled sundeck. It's truly a seamless blend of indoor/outdoor living with expansive spaces for dining, lounging, and sunbathing, making for the perfect island experience whether it's a cozy dinner under the stars or returning from a day on your boat to a soothing soak in your private pool. This home offers it all. Attention to detail and sophisticated design can be found throughout this home. The floors are wood-like porcelain tile planks (no carpet), ensuring a clean polished look and easy maintenance. The property boasts four generously sized ensuite bedrooms with bathrooms featuring exquisite marble and mosaic finishes including zero threshold showers, adding a touch of luxury to every corner and providing a private sanctuary for every occupant. The heart of this home is undoubtedly the sleek Euro style kitchen, designed for both functionality and entertainment. The kitchen boasts a sizable entertaining island with elegant quartz counters, and is equipped with stainless steel appliances, including slide-in range and wine refrigerator. This home is not only stunning but also an investment opportunity. It has proven to be a successful rental property making it an attractive prospect for investors seeking lucrative returns. The home is just moments from the beach at the end of Key Royale/66th Street, the par 32 nine hole Key Royale Club plus the charming shops and restaurants of Anna Maria Island. Imagine the wonderful lifestyle when your biggest decision of the day is whether to take your golf cart to all the fun, swim in your waterfront pool, fish from your private dock, or relax on the beach at sunset. The peek-a-boo views of the majestic Sunshine Skyway Bridge from the front of this home add to its allure, making it a truly special and unique property.

Last Agent to Sell the Property

Eileen Gillen

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3385420 Listed on: 08/01/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Jayne Del Medico

COLDWELL BANKER REALTY License #3127787

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,337

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 135 x 100
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Property is zoned R1AA

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,419 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Shades
  • French Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Seawall
  • Deeded Boat Dock
  • Open Dock
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Key Royale Community
  • Key Royale 15Th Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,337

Year Built

Built in 1971

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2419
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 3394
  • Lot Size Sq Ft: 11151
  • Directions to Property: SR 64/Manatee Ave West to Anna Maria Island. Right onto Gulf Drive. Right onto Marina Drive. Right onto Key Royale Drive to #668 which is on the left at the corner of Key Royale and Gladstone.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 971.48
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open,Dock - Slip Deeded On-Site
  • Attribution Contact: 941-383-6411
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Impact Glass/Storm Windows, Shades, Window Treatments
  • Street Number Modifier: 668
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 224.73
  • Room Count: 11

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Gunite, Heated, In Ground, Lap
  • Exterior Features: French Doors, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 100
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional
  • Max Pet Weight: 999
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 60.00
  • Total Monthly Fees: 5.00
  • Monthly HOA Amount: 5.00

Schools

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

Lot Info

  • Zoning: R1AA
  • Parcel Number: 6905012255
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Lot Dimensions: 135 X 100
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1036

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rentals/Leases are per Holmes Beach Vacation Rental Ordinance.

Tax Info

  • Tax Annual Amount: 17336.79
  • Tax Book Number: 15-95
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 16, 2024
Sold by
Idle Realty Llc
Bought by
Senesac Grant
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Jayne Del Medico
COLDWELL BANKER REALTY
List Price
$3,100,000
Sold Price
$2,350,000
Premium/Discount to List
-$750,000
-24.19%
Views
415
Current Estimated Value
$1,935,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$414,119
Avg. Annual Appreciation
-17.31%
Original Mortgage
$1,543,500
Outstanding Balance
$1,529,031
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$406,850

Purchase Details

Closed on
Mar 28, 2017
Sold by
Reichl Mary
Bought by
Idle Realty Llc

Purchase Details

Closed on
Jun 27, 2008
Sold by
Bungee Imogene
Bought by
Reichl Josef and Reichl Mary
Source: Public Records

Range of Values:

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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
Senesac Grant $2,350,000 None Listed On Document
Idle Realty Llc $550,000 Attorney
Reichl Josef $475,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senesac Grant $1,543,500
Previous Owner Bungee Imogene B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $2,350,000 -2.1% $971 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $2,400,000 -7.7% $992 / Sq Ft
02/18/2024 02/18/24 Price Changed $2,600,000 -5.5% $1,075 / Sq Ft
12/02/2023 12/02/23 Price Changed $2,750,000 -11.3% $1,137 / Sq Ft
08/01/2023 08/01/23 For Sale $3,100,000 -- $1,282 / 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
2024 $21,579 $1,639,295 $765,000 $874,295
2023 $20,379 $1,547,692 $680,000 $867,692
2022 $17,337 $1,269,151 $500,000 $769,151
2021 $13,880 $852,344 $450,000 $402,344
2020 $13,341 $777,921 $400,000 $377,921
2019 $13,305 $777,921 $400,000 $377,921
2018 $11,136 $645,665 $400,000 $245,665
2017 $10,059 $609,268 $0 $0
2016 $9,354 $551,974 $0 $0
2015 $7,915 $582,657 $0 $0
2014 $7,915 $476,633 $0 $0
2013 $7,182 $414,952 $286,900 $128,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577720

Stellar MLS

APN: 69050-1225-5