Property Attributes
- MLS#A4698679
- TypeSingle Family
- Listing Status Active
- CountyManatee
- CityHOLMES BEACH
- AreaHolmes Beach/Bradenton Beach
- NeighborhoodKEY ROYALE 1ST ADD
- Zip34217
- StyleSingle Family Residence
- Year Built1973
- Taxes$ 23628
- Price$ 2,750,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2668
- Lot Size0.24 Acres
Data Source:
Stellar MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Anna Maria Elementary Elementary School | Martha B. King Middle Middle School | Manatee High High School |
| Price History | |
|---|---|
| 7/3/2026 | Listed $2,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Solar |
| Cooling | Central Air |
| Utilities | Public |
| Roof | Tile |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Zoning | R1 |
| HOA Fee | 90 |
| Garage Spaces | 2 |
| Pool Features | In Ground |
| Construction Materials | Block |
| Pets Allowed | Yes |
| Year Built | 1973 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Canal - Saltwater |
| Assoc Fee Paid Per | Annually |
| County | Manatee |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | KEY ROYALE 1ST ADD |
| Facing Direction | South |
| Garage Y/N | true |
| Total Rooms | 9 |
| Full Baths | 3 |
| Status | Active |
| Directions | Manatee Avenue to North on Gulf Drive, left on Key Royale Drive, home is on the left. |
| High School | Manatee High |
| City | HOLMES BEACH |
| Senior Community Y/N | false |
| MLS Area | 34217 - Holmes Beach/Bradenton Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10498 |
| Carport Y/N | false |
| Elementary School | Anna Maria Elementary |
| Land Lease Y/N | false |
| Tax Annual Amount | 23628 |
| Home Warranty Y/N | false |
| Middle/Junior High School | Martha B. King Middle |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4698679 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 27 |
| Legal Description | LOT 27 KEY ROYALE FIRST ADD PI#72638.0000/0 |
| Water View | Canal |
| Water Access Type | Canal - Saltwater |
| Minimum Lease | 1 Month |
| Water Access Y/N | true |
| Monthly HOA Amount | 7.5 |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | false |
| DockY/N | true |
Interior Features
| Interior Amenities | Ceiling Fan(s),Primary Bedroom Main Floor,Split Bedroom,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments |
|---|---|
| Flooring | Ceramic Tile |
| Furnished Y/N | Negotiable |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Laundry Room |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Irrigation System,Lighting |
|---|---|
| Water Source | Public |
| Lot Size Area | 10498 |
| Foundation Details | Slab |
| Building Area Total | 3746 |
| Lot Size Acres | 0.24 |
| Road Surface Type | Asphalt |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on August 22, 2026 8:32 PM UTC