Stacey Olive
REALTOR®
BEDS3
BATHS3 full
SQUARE FEET2,668
MLS#A4698679
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONKEY ROYALE 1ST
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Electric, Solar
Lot Size: 0.24 Acres
Roof Type: Tile
Stories: 1.0
Taxes: $23,628
Year Built: 1973
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Split Bedroom
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Lighting
Feature Descriptions
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 121
Directions: Manatee Avenue to North on Gulf Drive, left on Key Royale Drive, home is on the left.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Slab
Frontage Canal Salt: 100
HOA Fee: 90/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 0.24
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Pets Allowed: Yes
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Public
Water: Public
Water Access: Canal - Saltwater
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Bridges - No Fixed Bridges, Lift, Seawall - Concrete
Water View: Canal
Zoning: R1
Room Sizes
Living Room: 15x23
Family Room: 13x14
Dinette: 10x13
Dining Room: 8x13
Kitchen: 13x16
Primary Bedroom: 16x20
Bedroom 2: 14x17
Bedroom 3: 14x15
Laundry: 6x8
Local Schools
High School: Manatee High
Middle School: Martha B. King Middle
Elementary School: Anna Maria Elementary
Listed By / Shown By
Listed By
Agency Name: AN ISLAND PLACE REALTY INC
Agency Contact: 941-720-2242
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 18,153.80 per month $15,382.72 Principal & Interest $1,969.00 Property Tax $802.08 Homeowner's InsuranceChange Payment Information
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514 Key Royale Drive | MLS# A4698679
This single family home located at 514 Key Royale Drive, Holmes Beach, FL 34217 is currently listed for sale with an asking price of $2,750,000. This property was built in 1973 and has 3 bedrooms and 3 full baths with 2668 sq. ft. Key Royale Drive is located in the KEY ROYALE 1ST subdivision. Search KEY ROYALE 1ST real estate on www.soldwithstacey.net today.