$5,400,000
SOLD JUL 12, 2024

726 Key Royale Dr Holmes Beach, FL 34217

5 Beds
6.5 Baths
4,101 Sq Ft
0.25 Acres

Recently Sold

$1,317 Per Sq Ft

8% Below List Price

35 Days on Market

Highlights

  • 274 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Anna Maria Elementary School Rated A-
  • Golf Course Community
  • Solar Power System

About This Home

As of July 2024

Welcome to the 726 Key Royale Drive show stopper! BUILT BRAND NEW IN 2018.Nestled at the northern-most point of Key Royale in the exclusive North Point neighborhood on Anna Maria Island. This unique Bimini Bayfront home with breathtaking expansive vistas AND DEEP WATER FOR BOATING is a coastal masterwork built to fortress-like standards, offering unparalleled durability, safety and peace of mind in today’s environment. Engineered with all poured concrete, including the re-bar reinforced foundation, the property is also equipped with all Miami-Dade rated hurricane impact glass, and a whole house Generac generator (500 gallon LP GAS). This 5,541 total sq.ft. of luxury coastal contemporary boasts 5 bedrooms ENSUITE 5.5 bathrooms, a den, office and workout flex space AND is offered FURNISHED less personal artwork and a few exclusions. Roof top terrace and oversized 2 car garage plus golf cart parking. There are TWO primary suites, one on the main level and the other is on the 2nd level. The home is equipped with state of the art solar electric system on the roof which keeps the electric bills to a minimum. Significant features include: Elevator access to all floors, electric blinds throughout the home, on demand tankless water heater, custom window treatments, custom oversized closets in each bedroom, zoned 2 AC systems, premium grade GE Monogram kitchen appliances (Gas cooking), ice machine, wine refrigerator, and bonus 2nd refrigerator. Sliding walls of glass opens to spacious terraces and guests will delight in the views across the bayou with breathtaking sunsets and skies. There is an abundance of sea and bird life at all times of the day including dawn and dusk. For water sports and boat lovers there is a new 5” x 38” dock in 2020, New 138 ft SEAWALL in 2020 and a cleverly designed kayak launch to effortlessly lower kayaks and paddle boards into the water.
Enjoy the many wonderful amenities that the North Point/Key Royale neighborhood has to offer including the Key Royale Golf club, 9 hole golf course, tennis/pickle ball courts, and a clubhouse. There is plenty room for a pool (sketch attached is for a 6" x 22" size) and design and price are in attachments, A true one-of-a-kind property that seamlessly blends elegant design with practical livability all while living the coastal dream of Anna Maria paradise! Assumable Flood policy of just $1,180 per year!

Last Agent to Sell the Property

Cindy Quinn

SATO REAL ESTATE INC. Brokerage Phone: 941-778-7200 License #0666786 Listed on: 05/02/2024

Last Buyer's Agent

Greg Bayer

ANNA MARIA ISLAND BEACHES RE License #3217281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,599

Year Built

  • Built in 2018

Lot Details

  • 0.25 Acre Lot
  • 274 Feet of Waterfront
  • 137 Feet of Bay Harbor Waterfront
  • 137 Feet of Bayou Waterfront
  • Cul-De-Sac
  • East Facing Home
  • Oversized Lot
  • Metered Sprinkler System
  • Property is zoned R1

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Golf Cart Parking

Property Views

  • White Water Ocean
  • Bayou

Home Design

  • Contemporary Architecture
  • Elevated Home
  • Block Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 4,101 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • High Impact Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access To Bayou
  • Property is near a marina
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Solar Power System
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, management
  • Anthony Dibiagio Association, Phone Number (941) 758-9454
  • Visit Association Website
  • Built by DON MEILNER CONSTRUCTION
  • North Point Harbour Community
  • North Point Harbour Unit Three Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,599

Year Built

Built in 2018

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Management
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 4101
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 5541
  • Lot Size Sq Ft: 10934
  • Directions to Property: MARINA DRIVE TO KEY ROYALE ENTRANCE. HEAD ALL THE WAY TO THE END OF KEY ROYALE DRIVE HOME IS AT THE END OF THE CUL DE SAC.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044355
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 1316.75
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Other
  • MFR_DockYN: 1
  • Attribution Contact: 941-778-7200
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds, Impact Glass/Storm Windows, Shades, Window Treatments
  • Street Number Modifier: 726
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 381.00
  • Room Count: 12

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: BIMINI BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Bayou
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Bayou
  • Water View YN: 1
  • Waterfront Feet Total: 274
  • Water Frontage Feet Bay Harbor: 137
  • Water Frontage Feet Bayou: 137

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Parking, Oversized

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Pool, Tennis Courts
  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee: 350
  • Association Fee Frequency: Quarterly
  • Association Name: ANTHONY DIBIAGIO
  • Phone: 941-758-9454
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: ADIBIAGIO@CSCMSI.COM
  • Association URL: www.cscmi.com

Fee Information

  • Total Annual Fees: 1400.00
  • Total Monthly Fees: 116.67
  • Monthly HOA Amount: 116.67

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 6910102455
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Near Golf Course, Near Marina, Oversized Lot
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1016
  • Zoning Compatible YN: 1

Green Features

  • Green Power: Solar
  • Green Verification Count: 0

Building Info

  • Builder Name: DON MEILNER CONSTRUCTION

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: North Point Harbour community within Key Royale is a 6 month minimum rental zone.

Tax Info

  • Tax Annual Amount: 27598.84
  • Tax Book Number: 22-28
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou
  • Approval Process: CHECK WITH HOA ON APPROVAL PROCESS.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jul 10, 2024
Sold by
Clinton Geraldine L
Bought by
James F Stocklas Revocable Trust and Moyzan
Seller's Agent
Cindy Quinn
SATO REAL ESTATE INC.
Buyer's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
List Price
$5,900,000
Sold Price
$5,400,000
Premium/Discount to List
-$500,000
-8.47%
Views
35
Current Estimated Value
$4,806,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$593,054
Avg. Annual Appreciation
-7.34%
Original Mortgage
$3,240,000
Outstanding Balance
$3,214,321
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,804,813

Purchase Details

Closed on
Sep 25, 2015
Sold by
Swamy Mary Pat
Bought by
Clinton Walter Dewitt and Clinton Geraldine L

Purchase Details

Closed on
Jun 30, 2000
Sold by
Weber David M
Bought by
Swamy Pandy G and Swamy Mary Pat

Purchase Details

Closed on
Mar 14, 1997
Sold by
Weber Bette R
Bought by
Weber David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.69%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $5,400,000 None Listed On Document
Warranty Deed $937,500 Barnes Walker Title Inc
Warranty Deed $590,000 --
Warranty Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,240,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $225,000 Credit Line Revolving
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $5,400,000 -8.5% $1,317 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $5,900,000 -- $1,439 / 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 $28,851 $2,116,283 $918,000 $1,198,283
2023 $27,599 $2,027,274 $816,000 $1,211,274
2022 $26,411 $1,997,001 $600,000 $1,397,001
2021 $20,492 $1,267,095 $540,000 $727,095
2020 $21,082 $1,243,152 $480,000 $763,152
2019 $21,369 $1,258,127 $480,000 $778,127
2018 $8,325 $497,800 $480,000 $17,800
2017 $1,157 $498,290 $0 $0
2016 $8,439 $814,261 $0 $0
2015 $10,576 $669,072 $0 $0
2014 $10,576 $663,762 $0 $0
2013 $10,546 $653,953 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4600970

Stellar MLS

APN: 69101-0245-5