$1,950,000

501 Key Royale Dr Holmes Beach, FL 34217

$10,000
Closing credit¹
3 beds
2 full
1,759 sqft
0.3 acres
$1,109 / sqft
House

Property details

About 501 Key Royale Dr

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. This home features a new seawall & a 20x12 Trex dock right on the water, perfect for 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 shaker-style cabinetry, quartz countertops, glass tile backsplash, brand-new stainless-steel appliances with warranties & single-bowl sink with stunning 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 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'll appreciate the 30-day minimum rental policy, preserving a true neighborhood feel. For added luxury, 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.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,759 sqft
Lot size0.33 Acres
Year built1991
ParkingDriveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Oversized, RV Access/Parking
MLS #A4650328
Attached garage3 spaces
WaterfrontCanal
ViewGarden, Trees/Woods, Water
Private poolYes

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s), Eat-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), Window Treatments
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Oversized, RV Access/Parking
  • Waterfront: Canal
  • View: Garden, Trees/Woods, Water
  • Exterior: French Doors, Lighting, Rain Gutters, Sliding Doors, Storage
  • Architectural Style: Contemporary, Florida
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $1,950,000
  • Price/SqFt: $1,108
  • Annual Tax Amount: $19,972
  • Tax Year: 2023
  • Lot: Corner Lot, Landscaped, Level, Near Golf Course, Paved
  • Directions: Head west on Manatee Ave W (SR-64 W); Turn slightly right onto Gulf Dr.; Turn slightly right onto Marina Dr.; Turn right onto Key Royale Dr.
  • Year Built: 1991
  • Stories: 2
  • Living Area: 1,759 SqFt
  • Lot Size: 0.33 Acres
  • MLS Number: A4650328
  • MLS Name: MFRMLS
  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Megan Finke

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 3:20:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of pool featuring a wooden deck, stairway, a fenced backyard, a patio, and a yard

$1,950,000

501 Key Royale Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
May 25, 2021
Home Sold
$750,000
Dec 22, 2004
Home Sold
$650,000
Jun 29, 1999
Home Sold
$245,000

Tax history

YearAssessmentProperty Tax
2023$1,290,671$19,972
2022$1,246,097$19,447
2021$835,926$19,447
2020$756,600$13,061
2018$697,542$10,826
2017$653,211$10,826

History based on county public records data.

Nearby schools

9

Anna Maria Elementary School

Public District PK-5

0.9 mi

4700 Gulf Dr

9

Ida M. Stewart Elementary School

Public District PK-5

4.7 mi

7905 15th Ave NW

8

Palma Sola Elementary School

Public District PK-5

5.4 mi

6806 5th Ave NW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $91,260. Residents of Holmes Beach, FL typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
43%
35k-100k
24%
100k-200k
20%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
4%
Single, with Kids
52%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
7%
18-34 yrs old
45%
35-64 yrs old
38%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Key Royale Dr

The listing price of 501 Key Royale Dr property is $1,950,000.

The property 501 Key Royale Dr is a house located in Holmes Beach, Florida, 34217.

Active Listing: 501 Key Royale Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 Key Royale Dr are: Anna Maria Elementary School (GreatSchools Rating 9/10), Ida M. Stewart Elementary School (GreatSchools Rating 9/10), Palma Sola Elementary School (GreatSchools Rating 8/10), Martha B. King Middle School (GreatSchools Rating 4/10), Oasis Middle School (GreatSchools Rating 7/10), W. D. Sugg Middle School (GreatSchools Rating 3/10), Manatee High School (GreatSchools Rating 5/10), Palmetto High School (GreatSchools Rating 3/10), Bayshore High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $19,972 (source: MLS/based on county public records data).

The last sale was on May 25, 2021 for $750,000 (source: MLS/tax record).

The property at 501 Key Royale Dr has 3 bedrooms and 2 bathrooms.

The property 501 Key Royale Dr is 1,759 SqFt (source: MLS/tax record).

The year of construction for 501 Key Royale Dr is 1991.

This home is located at 501 Key Royale Dr in Holmes Beach, FL and zip code 34217 in the Anna Maria Island neighborhood. This 1,759 square foot home, which was built in 1991, sits on a 0.33 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $1,950,000.

In March 2025 more than 0 listings in Holmes Beach, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 18 were sold below. The number of listings in Holmes Beach, FL increased by 20.9% between February and March 2025. Listings spent 43 days on the market in March 2025, and had a median list price of $1,050,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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