When was property at 659 Key Royale Drive built and last sold?

The property at 659 Key Royale Drive was built in 1972 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 659 Key Royale Drive is $3,333,000.

What are some comparable homes to 659 Key Royale Drive?

There are currently no comparable homes to 659 Key Royale Drive.

Holmes Beach

34217

Key Royale

659 KEY ROYALE DRIVE

Map

$3,300,000

↓ $3.6M (52.2%)

● Land - For Sale

659 KEY ROYALE DRIVE

HOLMES BEACH, FL 34217

Studio

0 Bath

$18,818

Est. Monthly

0.05%

Cap Rate

About This Property

VACANT, CLEARED AND READY TO GO! Discover a truly exceptional opportunity to own one of the finest Bayfront lots on Anna Maria Island, nestled in the exclusive boating and golfing enclave of the Key Royale neighborhood. This build-ready, deep-water lot spans approximately 15,000 sq. ft., offering an impressive 100 feet of direct frontage on Tampa Bay.
Whether you're envisioning a private waterfront estate or a vacation retreat, the lot's generous size and prime location offer unlimited potential.
Enjoy easy access to the Gulf, serene sunrises over the bay, and world-class boating right from your backyard. Plus, you're just a short stroll or golf cart ride from Anna Maria Island's top-rated restaurants, boutique shops, and sugar sand beaches.
Don't miss this rare chance to build your dream home in one of the most desirable waterfront settings on Florida's Gulf Coast.

Unit Size

Days on Market

391 days

Land Size

0.34 acres

Price per sqft

Property Type

Land

Property Taxes

$2,614

HOA Dues

Year Built

1972

Listed By

Compass Florida, LLC

SATO REAL ESTATE INC.

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Stellar MLS #A4663623)

Price History

Date / Event	Date	Event
Jul 3, 2026	Price Decreased	$3,300,000 ↓ $4M (52.2%)
Price Decreased
Jul 2, 2026	Price Decreased	$6,900,000 ↓ $450K (6.1%)
Price Decreased
Apr 28, 2026	Price Increased	$7,350,000 ↑ $4M (101.4%)
Price Increased
Apr 28, 2026	Price Decreased	$3,650,000 ↓ $4M (52.3%)
Price Decreased
Jan 20, 2026	Price Increased	$7,650,000 ↑ $4M (96.2%)
Price Increased
Jan 20, 2026	Price Decreased	$3,900,000 ↓ $4M (51.1%)
Price Decreased
Oct 7, 2025	Price Increased	$7,975,000 ↑ $1M (17.3%)
Price Increased
Sep 26, 2025	Listed by SATO REAL ESTATE INC.	$6,800,000
Listed by SATO REAL ESTATE INC.

	Pre-Construction. To be built. Looking to build BRAND NEW CONSTRUCTION with FULL BAY VIEWS in the fabulous Key Royale boating and golfing community? This 15,000 sq. ft lot has been fully cleared and is ready to go! The first photo is a proposed design by noted Sarasota designer Brian Phipps including building plans and pricing by local Sarasota builder. You can also bring your own plans and builder. Option to buy the vacant lot separately for $3,300,000. Plan specs: 5B/5.5B/+DEN with 4984 sq.ft and total of 11,321 sq.ft. and will include a 3 car garage, roof top deck, designer pool and spa and will feature high end builder upgrades for the most discerning buyers. Enjoy unobstructed views of the Tampa Bay and Sunshine Skyway. Build your island dream home, or create a sensational waterfront investment property. Plans and elevations are available for your review. Floor plan, square footage, etc. have been calculated based on current design by local builder and can be shared on request.
Aug 31, 2025	Listed by SATO REAL ESTATE INC.	$4,200,000
Listed by SATO REAL ESTATE INC.

Property Highlights

Elevator

Garage

With View

Exterior Details

Waterfront Features: Bay Access

Waterbody Name: TAMPA BAY

Building Area Units: Square Feet

Lot Features: Cleared, Near Golf Course, Near Marina, Oversized Lot

Lot Size Area: 15002

Lot Size Units: Square Feet

Lot Size Acres: 0.34

Lot Size Square Feet: 15002

Lot Size Dimensions: 100 x 150

Tax Lot: 4

Water Source: Public

Financial Details

Tax Annual Amount: $31,373

Utilities Details

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1972

Effective Year Built: 1997
Building Count: 1
Total Rooms: 4
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 10
Building Condition: 7
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 15
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 648
Parking Space Count: 2
Patio Type: 92
Porch Type: 111
Pool Type: 0
Location Influence Type: 61

Dimensions

Lot Size Square Feet: 15,000

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 1,000
Total Building Area: 3,585
Gross Building Area: 3,585
Building Area: 2,300
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,300
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: KEY ROYALE 12TH ADDITION
Land Acres: 0000000344
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: LOT 4 KEY ROYALE 12TH ADD PI#69050.1175/2

Neighborhood

School District Name: Manatee County School District

School Tax School District: MCPA&MCPS
Census Tract: 001801

Zoning

Zoning: HB_R1AA

Geography

Assessors Map Reference: 11G

Subdivision Tract Number: 06905002
Parcel: 69050-1175-2
Lot: 4
Meridian: SEC 16 TWN 34S RNG 16E
Municipality: HOLMES BEACH
Latitude: 27.5237
Longitude: -82.7091

Address

Full Address: 659 Key Royale Dr

Address - House Number: 659
Address - Street Name: Key Royale
Address - Suffix Type: Dr
State: FL
City Name: Holmes Beach
Carrier Code: C002
4-Digit Zip Code: 1237
Zip Code: 34217

Valuation

Tax

Total Area: 2,300

Tax Year: 2022
Tax Amount: $854,525
Tax Rate Code Area: 24

Appraisal Valuation

Standard Deviation: 0.1899

Valuation Date: Jan 03, 2024
Confidence Score: 74
Final Value: 2,567,724
High Value: 3,055,340
Low Value: 2,080,107

Market Valuation

Market Total Value: $2,057,102

Market Land Value: $1,275,000
Market Improvement Value: $782,102

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $550,912

Exemptions

Widow Exemption: Yes

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Holmes Beach

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$808

Below Asking

0.03%

Average Days on Market

Average Home Size

2020 ft²

Average Home Age

41.3 years

Currently For Sale

215 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 208 Magnolia Avenue, ANNA MARIA, FL, 34216

$3,000 /mo

2 Beds
2 Baths
1,760 ft²

208 Magnolia Avenue #B, ANNA MARIA, FL, 34216 Listing by Joshua Sato

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Cindy Quinn, PA
SATO REAL ESTATE INC.
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# A4663623

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.