705 Key Royale Drive , Holmes Beach, FL 34217

$3,900,000

35 Photos

Property Description

A distinctive bayfront residence with extraordinary possibilities on Key Royale, one of Anna Maria Island's most desirable waterfront neighborhoods. Situated on one-third of an acre with 100 feet of direct, deep-water Tampa Bay frontage, this exceptional property offers sweeping views toward the Sunshine Skyway Bridge, spectacular evening colors reflected across the bay, and beautiful western sunsets enjoyed from the new private dock. Across the street, the lush greens of Key Royale Golf Club complete a setting that beautifully combines waterfront and golf course living.Offering approximately 5,000 square feet, the existing residence features four bedrooms, four full and two half bathrooms, soaring cathedral ceilings, spacious living and dining areas, and a flexible floor plan with generous opportunities for renovation and personalization. Expansive windows and multiple outdoor living areas take advantage of the waterfront surroundings, while the home's generous proportions provide a wonderful foundation for creating a distinctive island retreat.Outdoor features include a 20-by-45-foot swimming pool, a new seawall (2025), and private dock (2025) with direct access to Tampa Bay. The setting invites boating, entertaining, and enjoying the constantly changing waterfront scenery.The residence experienced some flood damage and offers an opportunity for thoughtful renovation and updating, subject to applicable FEMA and City of Holmes Beach requirements, permits, and approvals. Alternatively, the exceptional homesite presents an opportunity to create an entirely new custom waterfront estate designed around its remarkable views and island setting. Located in the established Key Royale community, just minutes from Anna Maria Island's beautiful Gulf beaches, restaurants, and boutiques, this property offers a rare combination of substantial existing living space, exceptional waterfront frontage, golf-course surroundings, and future possibilities. Whether beautifully reimagined or newly created, this is an opportunity to enjoy the very best of Anna Maria Island waterfront living.

705 Key Royale Drive | MLS# A4708030

This single family home located at 705 Key Royale Drive , Holmes Beach, FL 34217 is currently listed for sale with an asking price of $3,900,000. This property was built in 1972 and has 4 bedrooms and 4 full and 1 partial baths with 5000 sq. ft. Key Royale Drive is located in the KEY ROYALE subdivision. Search KEY ROYALE real estate on www.janshields.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Zoned
Fenced: Yes
Garage: 2 car attached
Heating: Central, Zoned
Home Style: Custom, Florida
Lot Size: 0.34 Acres
Roof Type: Concrete, Tile
Stories: 2.0
Taxes: $12,980
Year Built: 1972
Square Feet: 5,000

Amenities

Cathedral Ceiling(s)
Ceiling Fans(s)
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony

Feature Descriptions

Accessibility Features: Central Living Area
Additional Rooms: Bonus Room, Den/Library/Office, Florida Room, Inside Utility, Loft
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Association Amenities: Clubhouse, Golf Course, Tennis Court(s)
Body of Water: TAMPA BAY
Community Features: Golf Carts OK, Golf, Street Lights
Directions: Driving Directions: From State Road 64/Manatee Ave., turn right onto Gulf Drive, then right onto Marina Drive. Turn right onto Key Royale Drive (you'll see a very small white sign) over a small bridge, then continue on Key Royale Drive to #705 on the righ
Exterior: Block, Concrete, Stucco
Fencing: Fenced
Flood Zone Code: AE
Flooring: Carpet, Tile
Foundation: Slab
Frontage Bay Harbor: 112
Garage Dimensions: 23x28
HOA Fee: 90/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone, Near Golf Course, Paved
Lot Dimensions: 0.34
Ownership: Fee Simple
Parking: Circular Driveway, Covered, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Off Street, Other, Workshop in Garage
Parking Notes: Circular Driveway, Covered, Driveway, Garage Door Ope
Patio/Porch: Enclosed, Front Porch, Patio, Rear Porch
Pets Allowed: Yes
Pool: In Ground, Gunite
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
Vegetation: Mature Landscaping
Water: Public
Water Access: Bay/Harbor
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Bridges - No Fixed Bridges, Fishing Pier, Lift, Seawall - Concrete
Water View: Bay/Harbor - Full
Windows: Window Treatments
Zoning: R1AA

Room Sizes

Kitchen: 19x14
Den: 14x11
Dining Room: 16x14
Great Room: 29x24
Florida Room: 18x12
Primary Bedroom 2: 24x14
Primary Bathroom: 17x12
Primary Bedroom: 20x20
Primary Bathroom: 9x9
Bonus Room: 20x19

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: PREMIER SOTHEBY'S INTERNATIONAL REALTY
Agency Contact: 941-364-4000

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 21,878.17 per month $19,659.01 Principal & Interest $1,081.67 Property Tax $1,137.50 Homeowner's Insurance

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