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For sale
    • $2,750,000

    514 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217

    3beds
    2,668sqft
    : 
    $18,264/mo
    Get pre-qualified
    Single Family Residence
    Built in 1973
    10,498 Square Feet Lot
    $-- Zestimate®
    $1,031/sqft
    $8/mo HOA

    What's special

    Rich granite countertopsBeautifully updated gourmet kitchenGenerous workspaceBright open floor planSpacious primary suiteSoaring vaulted ceilingsNatural light
    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.
    61 days
    358
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Tanya Edwards 941-545-3582,

    AN ISLAND PLACE REALTY INC 941-720-2242

    Source: Stellar MLS,MLS#: A4698679MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 320 Square Feet
      • Dimensions: 16x20
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 14x17
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Dinette
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Dining room
      • Level: First
      • Area: 104 Square Feet
      • Dimensions: 8x13
      Family room
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Kitchen
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Laundry
      • Level: First
      • Area: 48 Square Feet
      • Dimensions: 6x8
      Living room
      • Level: First
      • Area: 345 Square Feet
      • Dimensions: 15x23
      Heating
      • Electric, Solar
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Ceramic Tile
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 3,746
      • Total interior livable area: 2,668 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Irrigation System, Lighting
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - No Fixed Bridges, Lift, Seawall
      Lot
      • Size: 10,498 Square Feet
      Details
      • Parcel number: 7263800000
      • Zoning: R1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: KEY ROYALE 1ST ADD
      HOA
      • Has HOA: Yes
      • HOA fee: $8 monthly
      Location
      • Region: Holmes Beach

      Financial & listing details

      • Price per square foot: $1,031/sqft
      • Tax assessed value: $1,712,806
      • Annual tax amount: $23,628
      • Date on market: 7/3/2026
      • Cumulative days on market: 33 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Listed for sale$2,750,000+141.2%$1,031/sqft
        Source: Stellar MLS #A4698679 Report a problem
        4/4/2018Sold$1,140,000-4.9%$427/sqft
        Source: Public Record Report a problem
        2/8/2018Pending sale$1,199,000$449/sqft
        Source: RE/MAX ALLIANCE GROUP #A4189592 Report a problem
        1/3/2018Price change$1,199,000-4.1%$449/sqft
        Source: RE/MAX ALLIANCE GROUP #A4189592 Report a problem
        11/14/2017Price change$1,250,000-3.8%$469/sqft
        Source: RE/MAX ALLIANCE GROUP #A4189592 Report a problem
        7/26/2017Price change$1,299,000-3.4%$487/sqft
        Source: RE/MAX ALLIANCE GROUP #A4189592 Report a problem
        6/21/2017Listed for sale$1,345,000+92.1%$504/sqft
        Source: RE/MAX ALLIANCE GROUP #A4189592 Report a problem
        5/2/2013Sold$700,000+0%$262/sqft
        Source: Public Record Report a problem
        2/1/2013Listing removed$699,999$262/sqft
        Source: Premier Sotheby's International Realty #A3971926 Report a problem
        1/19/2013Listed for sale$699,999+133.3%$262/sqft
        Source: Signature Sotheby's International Realty #A3971926 Report a problem
        4/10/2000Sold$300,000$112/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$23,628 +1.3%$1,413,952 +10%
        2024$23,334 +4.2%$1,285,411 +10%
        2023$22,387 +13.8%$1,168,555 +10%
        2022$19,668 +20.7%$1,062,323 +10%
        2021$16,295 +7.7%$965,748 +8.9%
        2020$15,123 +0.6%$887,148 +0.6%
        2019$15,027 $881,758 +55.8%
        2018$15,027 +62.1%$565,864 +2.1%
        2017$9,269 +8.1%$554,225 +2.1%
        2016$8,578 $542,826 +0.7%
        2015$8,578 $539,053 +0.8%
        2014$8,578 +17.1%$534,775 +18.2%
        2013$7,328 +732703%$452,399 +1.7%
        2012$1 $444,837 -1.4%
        2011$1 $451,264 -12.4%
        2010-- $515,186 -12.5%
        2009$10,184 +7.1%$588,908 -0.9%
        2008$9,508 -22.1%$594,345 -20.4%
        2007$12,198 -11.8%$746,993 -4.6%
        2006$13,829 +1.1%$783,207 +4.8%
        2005$13,676 +48.3%$747,476 +51.2%
        2004$9,222 +21.4%$494,516 +25.6%
        2002$7,595 +39.1%$393,658 +37.3%
        2001$5,459 +48.5%$286,791 +34.8%
        2000$3,677 $212,769
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34217

        Getting around

        31 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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