668 KEY ROYALE DRIVE
About This Property
Welcome to a rare opportunity on Anna Maria Island, a true 4-bedroom ranch-style retreat on the highly sought-after Key Royale! This exceptional property offers the perfect blend of timeless island charm and high-end modern luxury, all just moments from the Gulf waters.
Step inside to find a spacious, open-concept layout designed for both comfort and entertaining. Offered turnkey furnished, this home showcases sophisticated coastal decor and premium finishes throughout, creating a seamless move-in experience. The gourmet kitchen flows effortlessly into inviting living and dining areas, all bathed in natural light.
Outside, a private backyard oasis awaits. Take a dip in the sparkling heated pool, lounge on the sun deck, or entertain guests in the lush tropical setting that defines the island lifestyle.
With all bedrooms on one level, AND ALL 4 HAVE EN SUITE BATHROOMS, this residence is ideal for families or second-home seekers. The Key Royale location provides easy access to boating, beaches, dining, and the vibrant charm of Anna Maria Island.
Don't miss this rare ranch-style luxury home where elegance, comfort, and island living come together.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017