This elevated canalfront home on VERY rare 15,000 Sq. Ft. lot is not one to miss! In the heart of Holmes Beach, this LOCATION is everything. Perfectly positioned on an oversized lot of nearly 15,000 sq. ft., this property combines privacy, space, and stunning water views. The oversized lot provides rare breathing room and a sense of seclusion, while the property’s monthly rental zoning allows for flexible short-term rental opportunities without the heavy tourist traffic of nightly rentals. Step outside to your private pool and enjoy panoramic open-water vistas down the canal, or relax on the front porch where you can watch breathtaking sunsets every evening. Inside, the home has been thoughtfully renovated with a fresh, modern design and all new appliances--ready for you to move in and enjoy right away. Natural light in each room makes your island lifestyle come to life! Whether you’re looking for a serene island getaway or an investment opportunity, this Holmes Beach gem offers the best of both worlds--coastal charm, open water beauty, and everyday convenience
Sold for $1,400,000
$1,400,000
501 Key Royale Dr, Holmes Beach, FL 34217
3beds
1,759sqft
Single Family Residence
Built in 1991
0.33 Acres Lot
$1,384,400 Zestimate®
$796/sqft
$6,518 Estimated rent
Home value
$1,384,400
$1.27M - $1.51M
$6,518/mo
Zestimate® history
Owner options
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$6,518/mo
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$6,518/mo
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$9,138/mo
Est. payment
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$9,138/mo
Est. payment
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List your homeWhat's special
Private poolFresh modern designNew appliancesElevated canalfront homePanoramic open-water vistasStunning water viewsBreathtaking sunsets
Zillow last checked:
Listing updated:
Listed by:
Shannon O'Brien Kerney 941-737-5153,
SATO REAL ESTATE INC. 941-778-7200
Bought with:
Rebecca Purinton, 3520469
REAL BROKER, LLC
Source: Stellar MLS,MLS#: A4666777
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Luxury Vinyl
- Windows: Window Treatments, Hurricane Shutters, Hurricane Shutters/Windows
- Has fireplace: No
Interior area
- Total structure area: 3,882
- Total interior livable area: 1,759 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Garage Door Opener, Oversized
- Attached garage spaces: 3
- Carport spaces: 3
- Covered spaces: 6
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony, Irrigation System, Private Mailbox
- Has private pool: Yes
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Water, Bay/Harbor - Partial, Canal, Gulf/Ocean to Bay, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Bay/Harbor - Partial,Canal,Gulf/Ocean to Bay,Intracoastal Waterway
- Waterfront features: Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Fishing Pier, Seawall
Lot
- Size: 0.33 Acres
- Features: Corner Lot, FloodZone, Near Marina, Oversized Lot, Sidewalk
Details
- Additional structures: Shed(s), Storage
- Parcel number: 7240700000
- Zoning: R2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: HOLMES BEACH 17TH UNIT
HOA
- Has HOA: No
Location
- Region: Holmes Beach
Financial & listing details
- Price per square foot: $796/sqft
- Tax assessed value: $1,496,321
- Annual tax amount: $20,092
- Date on market: 9/30/2025
- Cumulative days on market: 189 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Sold | $1,400,000-6.6%$796/sqft |
Source:  Stellar MLS #A4666777 Report a problem | ||
| 11/20/2025 | Pending sale | $1,499,000$852/sqft |
Source: Stellar MLS #A4666777 Report a problem | ||
| 11/5/2025 | Price change | $1,499,000-4.2%$852/sqft |
Source: Stellar MLS #A4666777 Report a problem | ||
| 9/30/2025 | Listed for sale | $1,565,000$890/sqft |
Source: Stellar MLS #A4666777 Report a problem | ||
| 9/21/2025 | Listing removed | $1,565,000$890/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 7/9/2025 | Price change | $1,565,000-2.2%$890/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 7/3/2025 | Price change | $1,600,000-5.9%$910/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 6/28/2025 | Price change | $1,699,500-2.9%$966/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 6/18/2025 | Price change | $1,750,000-5.4%$995/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 5/29/2025 | Price change | $1,850,000-5.1%$1,052/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 4/30/2025 | Listed for sale | $1,950,000+160%$1,109/sqft |
Source: Stellar MLS #A4650328 Report a problem | ||
| 5/25/2021 | Sold | $750,000-1.3%$426/sqft |
Source: Public Record Report a problem | ||
| 1/19/2018 | Listing removed | $3,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2018 | Listed for rent | $3,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/5/2017 | Listing removed | $760,000$432/sqft |
Source: MEDWAY REALTY #A4181777 Report a problem | ||
| 3/24/2017 | Listed for sale | $760,000+16.9%$432/sqft |
Source: MEDWAY REALTY #A4181777 Report a problem | ||
| 12/22/2004 | Sold | $650,000+165.3%$370/sqft |
Source: Public Record Report a problem | ||
| 6/29/1999 | Sold | $245,000$139/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,622 +2.6% | $1,367,943 +2.9% |
| 2024 | $20,092 +0.6% | $1,329,391 +3% |
| 2023 | $19,972 +2.7% | $1,290,671 +3.6% |
| 2022 | $19,447 +35.8% | $1,246,097 +49.7% |
| 2021 | $14,317 +8.9% | $832,260 +10% |
| 2020 | $13,150 +0.7% | $756,600 |
| 2019 | $13,061 | $756,600 +8.5% |
| 2018 | $13,061 +7.7% | $697,542 +6.8% |
| 2017 | $12,130 +37.8% | $653,211 +11.5% |
| 2016 | $8,802 | $585,902 -4.4% |
| 2015 | $8,802 | $613,064 +18.2% |
| 2014 | $8,802 +1.6% | $518,565 +3% |
| 2013 | $8,661 +866032% | $503,461 +2.7% |
| 2012 | $1 | $490,342 +2.7% |
| 2011 | $1 | $477,467 -6.8% |
| 2010 | -- | $512,206 -5.2% |
| 2009 | $9,266 +6.1% | $540,570 -1% |
| 2008 | $8,736 -19.3% | $546,223 -17.6% |
| 2007 | $10,828 -7.3% | $663,095 +0.2% |
| 2006 | $11,683 +13.2% | $661,631 +17.3% |
| 2005 | $10,317 +270.7% | $563,885 +223.6% |
| 2004 | $2,783 +0.6% | $174,250 +1.9% |
| 2003 | $2,768 +1% | $171,001 +2.4% |
| 2002 | $2,740 +3.3% | $166,993 +1.6% |
| 2001 | $2,653 +1.6% | $164,363 +3% |
| 2000 | $2,610 | $159,576 |
Find assessor info on the county website
Neighborhood: 34217
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Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 5 mi
- 3/10Manatee High SchoolGrades: 8-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Anna Maria Elementary
- Middle: Martha B. King Middle
- High: Manatee High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,384,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,384,400
- Florida
- Manatee County
- Holmes Beach
- 34217
- 501 Key Royale Dr
Nearby cities
Nearby zip codes
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