by Global Lifestyle Properties

See Home Value
$1,295,000
● House - Off Market

512 KEY ROYALE DRIVE

HOLMES BEACH, FL 34217
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,269 Ft²
$7,046
Est. Monthly

About This Property

Located on Key Royale in Holmes Beach, this 2-bedroom, 2-bath canal-front home presents a rare opportunity to create your dream waterfront retreat on Anna Maria Island. Situated on desirable Key Royale Drive, the property offers deep-water canal frontage with direct boating access to Tampa Bay and the Gulf of Mexico.

The home sustained hurricane damage and has been professionally remediated, providing a clean slate for renovation and customization. Whether you choose to restore the existing residence or reimagine the property entirely, the value lies in the exceptional location, waterfront lifestyle, and highly sought-after Key Royale community.

The property features a spacious layout, private dock potential, and peaceful canal views, all within minutes of the beaches, shopping, dining, and the Key Royale Club golf course.

With limited canal-front inventory available on Anna Maria Island, this property is an outstanding opportunity for investors, builders, or buyers looking to design a custom island getaway in one of the area's premier boating neighborhoods.
Unit Size
1,269 Ft²
Days on Market
42 days
Land Size
0.23 acres
Price per sqft
$906
Property Type
House
Property Taxes
$1,399
HOA Dues
-
Year Built
1959

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Last updated: 4 months ago (Stellar MLS #A4693243)

Price History

Date / Event Date Event Price
Jun 22, 2026 Sold
Sold
May 18, 2026 In contract -
In contract
May 11, 2026 Listed by RE/MAX ALLIANCE GROUP $1,150,000
Listed by RE/MAX ALLIANCE GROUP
Apr 18, 2022 Sold
Sold
Mar 3, 1999 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 165
  • Garage Type: 1
  • Garage Square Area: 345
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 9,888
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEY ROYALE 1ST ADDITION
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 26 KEY ROYALE FIRST ADD PI#72636.0000/4

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001801

Zoning

  • Zoning: HB_R-1

Geography

  • Assessors Map Reference: 12B
  • Subdivision Tract Number: 07260800
  • Parcel: 72636-0000-4
  • Lot: 26
  • Meridian: SEC 20 TWN 34S RNG 16E
  • Municipality: HOLMES BEACH
  • Latitude: 27.5152
  • Longitude: -82.7171

    Address

  • Full Address: 512 Key Royale Dr
  • Address - House Number: 512
  • Address - Street Name: Key Royale
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Holmes Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1226
  • Zip Code: 34217

Valuation

    Tax

  • Total Area: 1,104
  • Tax Year: 2022
  • Tax Amount: $589,428
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 1,333,935
  • High Value: 1,606,775
  • Low Value: 1,061,095

    Market Valuation

  • Market Total Value: $1,067,354
  • Market Land Value: $680,000
  • Market Improvement Value: $387,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,067,354
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $387,354

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 51639
  • Previous Sale Recording Date: Mar 03, 1999
  • Previous Sale Contract Date: Feb 26, 1999
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holmes Beach


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Frequently Asked Questions

When was property at 512 Key Royale Drive built and last sold?
The property at 512 Key Royale Drive was built in 1959 and last sold on Apr 18, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 512 Key Royale Drive is $0.
What are some comparable homes to 512 Key Royale Drive?
There are currently no comparable homes to 512 Key Royale Drive.