1
Map
$5,250,000
●
Land -
In Contract
607 BARONET LANE
HOLMES BEACH, FL 34217
Studio
0 Bath
$26,314
Est. Monthly
About This Property
Experience exceptional waterfront living in this brand new canal
front residence offering 5 bedrooms, 5½ baths, plus a den.
Thoughtfully designed with custom wood trim, rich wood flooring,
and elegant stone countertops throughout, this home blends refined
craftsmanship with modern luxury.Enjoy 100 feet of canal frontage
with direct canal access, perfect for boating and water
enthusiasts. A private elevator services all levels. There is also
a breathtaking rooftop deck with panoramic water and sunset
views-ideal for entertaining or unwinding.The outdoor living spaces
rival a private resort, featuring custom tropical landscaping, a
designer pool and spa, and seamless indoor-outdoor flow. A spacious
5-car garage offers abundant room for vehicles, storage, and
recreational gear.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$535
HOA Dues
-
Year Built
1967
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 days ago (Stellar MLS #A4674502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Listed by BEACH HOUSE REAL ESTATE LLC | $5,250,000 | |
| Listed by BEACH HOUSE REAL ESTATE LLC | |||
| Apr 16, 2025 | Listed | $1,390,000 | |
| Listed | |||
| | |||
|
LARGE LOT ON KEY ROYALE IS AVAILABLE TO BUILD YOUR DREAM CANAL HOME. THIS LOT IS OVER 11,000SQFT WITH 100' OF SEAWALL. NO BRIDGES TO OPEN WATER, AND ONLY MINUTES TO THE INTERCOASTAL. THE LOT NEXT DOOR IS ALSO AVAILABLE TO PURCHASE FOR AN ADDITIONAL PRICE TO BUILD THE ULTIMATE HOME WITH ALMOST 23,000 SQFT COMBINED AND 200' OF SEAWALL. COME ENJOY THE ISLAND LIFESTYLE. ON KEY ROYALE THERE IS ALSO A PRIVATE 9 HOLE GOLF COURSE AND SOCIAL CLUB WITH RESTAURANT AND BAR, AND STILL JUST A SHORT GOLF CART RIDE TO THE BEACH.
| |||
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Exterior Details
Waterfront Features: Canal Access
Building Area Units: Square Feet
Lot Size Area: 11456
Lot Size Units: Square Feet
Lot Size Acres: 0.26
Lot Size Square Feet: 11456
Lot Size Dimensions: 100 x 114
Tax Lot: 15
Water Source: Public
Financial Details
Tax Annual Amount: $6,420
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Holmes Beach
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Listed by: Gregg Bayer
BEACH HOUSE REAL ESTATE LLC
Last Updated: 11 days ago
Data Source: Stellar MLS, MLS# A4674502
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BEACH HOUSE REAL ESTATE LLC
Last Updated: 11 days ago
Data Source: Stellar MLS, MLS# A4674502
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017