Active

$1,565,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1759 sq ft
Overview
  • ID: MFRA4650328
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1759 sq ft
Property Details
Remarks
This completely remodeled, ELEVATED waterfront home in the popular Key Royale neighborhood of Holmes Beach on Anna Maria Island - a true paradise for beachgoers & boating enthusiasts alike. Situated on an oversized corner lot, this southern-facing 3-bedroom, 2-bath retreat offers breathtaking water views, a resort-style pool/spa, & direct deep-water canal access to the Gulf & Tampa Bay with no bridges & two blocks to the beach. This home features a new seawall & a 20x12 Trex dock right on the water, perfect for watching the sunrise, soaking in the island lifestyle, watching dolphins & manatees glide by or launching your kayak. The home is built for peace of mind with updated impact-rated doors, windows, garage door - providing added security & energy efficiency. As you enter, a grand two-story foyer welcomes you with luxury vinyl plank flooring that runs throughout, striking designer lighting & timeless coastal finishes. Every inch of the interior has been thoughtfully redesigned, from the brand-new interior doors & trim to the completely transformed ceilings. The heart of the home is a bright & airy open-concept layout where the great room, dining area & gourmet kitchen flow seamlessly together - ideal for entertaining or relaxing after a day at the beach. The chef’s kitchen is a showstopper with modern cabinetry, quartz countertops, glass tile backsplash, brand-new stainless-steel appliances with warranties & single-bowl sink with water views from the picture window. Step outside to the screened-in lanai with pocket sliding doors that extend your living space or unwind on the new wrap-around Trex deck overlooking the water. The owner’s suite is a private haven featuring its own balcony with pool/spa access, a spa-inspired ensuite bathroom with a new double sink vanity, quartz countertops & frameless glass walk-in shower. The additional two bedrooms are generously sized & share a beautifully updated bathroom, while the spacious laundry room features a utility sink & brand-new washer and dryer. Outside, the resort-style pool/spa are surrounded by lush privacy landscaping, vinyl fencing, & artificial turf, creating a huge low-maintenance, tropical oasis. The covered patio with epoxy flooring provides the ideal spot for alfresco dining, entertaining or relaxing in the ocean breeze. Pool, dock, & deck furniture are included. Recent upgrades include a new pool pump, WiFi-enabled heater (2025), hot water heater (2025), AC (2023) & covered gutters. In addition to the outdoor storage shed, the spacious 3-car garage with two storage areas provides plenty of room for your gear & golf cart! The xeriscape yard, surrounded by new vinyl fencing & gates for added privacy, offers additional parking for guests, or an RV or boat with trailer! There is a capped artesian well which can be tapped for irrigation or water supply to the home. As a resident of Key Royale, you can join the private Key Royale Club, offering golf, fine dining, & social events. With Anna Maria Island’s white sand beaches just 2 blocks away, this coastal sanctuary delivers the perfect blend of island charm, boating convenience & elevated elegance. Enjoy all the island life has to offer from the free trolley to famous dining, shopping, community pickleball, tennis, basketball courts & dog parks. If you’re looking for the ultimate boater’s paradise near the beach, this home is your dream come true. *INVESTOR FRIENDLY*
Financial Considerations
Price:
$1,565,000
HOA Fee:
N/A
Tax Amount:
$20091.65
Price per SqFt:
$889.71
Tax Legal Description:
LOT 15, BLK 6, HOLMES BEACH 17TH UNIT, LESS THE FOLL: BEG AT NE COR OF SD LOT 15; TH SELY ALG W LN OF LOT 20 KEY ROYALE 1ST ADD A DIST OF 108.74 FT; TH SWLY ALG A CONC SEAWALL 26.1 FT; TH NWLY AT R/A TO SD SEAWALL 105.45 FT TO POB PI#72407.0000/0
Exterior Features
Lot Size:
14418
Lot Features:
Corner Lot, Landscaped, Level, Near Golf Course, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Oversized, RV Access/Parking
Roof:
Shingle
Pool:
Yes
Pool Features:
Heated, In Ground, Lighting
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1991
Construction Type:
Vinyl Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
French Doors, Lighting, Rain Gutters, Sliding Doors, Storage
Additional Features 2:
Please review city code and zoning for the leasing restrictions.
Map
  • Address
    501 KEY ROYALE DR
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