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$2,750,000
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Property Description
Welcome to 514 Key Royale Drive, where luxury waterfront living meets the relaxed island lifestyle. Nestled in the exclusive and highly sought-after Key Royale community, this beautifully appointed 3-bedroom, 3-bathroom home sits on a generous .24-acre waterfront lot and offers 100 feet of deep-water canal frontage, featuring a private boat dock and lift, with direct boating access to Tampa Bay and the Gulf of Mexico. Step outside to enjoy the heated pool and spa overlooking the water, creating the perfect setting for relaxing or entertaining. Recent updates include two new air conditioning systems, a new electric pool heater, and a new water heater, all installed in 2024 and 2025. The bright, open floor plan is enhanced by soaring vaulted ceilings and recessed lighting throughout the main living area, creating an inviting space filled with natural light. Designed with both comfort and style in mind, the beautifully updated gourmet kitchen features new stainless steel appliances, rich granite countertops, abundant cabinetry, and generous workspace-perfect for preparing meals or gathering with family and friends. The spacious primary suite is a private retreat with two walk-in closets and a luxurious en-suite bath. One of the guest bedrooms also features its own en-suite bathroom, providing exceptional comfort and privacy for family or visitors. Just a few blocks away, the Key Royale Club offers optional golf or social memberships, allowing you to enjoy its private par-32 nine-hole golf course, clubhouse, dining, and year-round social events. Whether you're an avid golfer or simply looking to embrace the island lifestyle, this amenity adds to the appeal of this exceptional location. Key Royale allows one-month minimum rentals, making this home an outstanding opportunity as a full-time residence, seasonal getaway, or income-producing investment.
Full Property Details
Full Property Details for 514 Key Royale Dr
General
- Price: $2,750,000
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Taxes: $23,628 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4698679
- Updated: 7/6/2026
- Added to Site: 48 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Irrigation System, Lighting
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34217 - Holmes Beach/Bradenton Beach
- County: Manatee
- Development Name: 34217 - Holmes Beach/Bradenton Beach
- Subdivision: KEY ROYALE 1ST ADD
- Driving Directions: Manatee Avenue to North on Gulf Drive, left on Key Royale Drive, home is on the left.
- Direction Faces: South
School Information
- Elementary School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Manatee High
Community
- Community Name: 34217 - Holmes Beach/Bradenton Beach
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Solar
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block
- Roof: Tile
- Stories/Levels: One
- Square Feet: 2,668
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,498
- Lot Size: 10498
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $90
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $23,628
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 27 KEY ROYALE FIRST ADD PI#72638.0000/0
- Flood Zone Info: AE
- APN: 7263800000
- Property ID: 7263800000
Listed by An Island Place Realty Inc
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Schools
Schools serving 514 Key Royale Dr
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Anna Maria Elementary School 4700 Gulf Drive, Holmes Beach, FL 34217 | PK-5 | 1 mi |
Martha B. King Middle School 600 75th Street Northwest, Bradenton, FL 34209 | 6-8 | 4.9 mi |
Manatee High School 902 33rd Street Court West, Bradenton, FL 34205 | 9-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 Key Royale Dr
Date
Details
Price
Change
Source
7/03/2026
Listed
$2,750,000
141.23%
MLS
4/04/2018
Sold
$1,140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 514 Key Royale Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,628
—
$1,555,347
10%
2025
$23,628
1%
$1,413,952
-23%
2024
$23,334
4%
$1,832,378
4%
2023
$22,387
37%
$1,760,592
82%
2021
$16,295
-17%
$965,748
-34%
2022
$19,668
21%
$1,455,062
64%
2021
$16,295
8%
$887,148
1%
2019
$15,027
73%
$881,758
56%
2017
$8,678
—
$565,864
2%
2017
$8,678
—
$554,225
2%
2016
$8,663
-2%
$542,826
1%
2015
$8,795
3%
$539,053
1%
2014
$8,578
17%
$534,775
18%
2013
$7,328
—
$452,399
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 514 Key Royale Dr
514 Key Royale Drive, Holmes Beach, FL 34217 (MLS# A4698679) is a Single Family property with 3 bedrooms and 3 full bathrooms. 514 Key Royale Drive is currently listed for $2,750,000 and was received on July 03, 2026. Want to learn more about 514 Key Royale Drive? Do you have questions about finding other Single Family real estate for sale in Holmes Beach? You can browse all Holmes Beach real estate or contact a Coldwell Banker agent to request more information.

