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512 KEY ROYALE DRIVE

House Active With Contract
$1,150,000

BTC: 18.25396825

ETH: 658.64833906

2 days
2 bds
2 ba
1,269 sqft

Overview

Under contract-accepting backup offers. 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.

Location

Florida • HOLMES BEACH • 34217 • House • Active With Contract

Details

Type:
Residential
Parking:
No Data
Year Built:
1959
Lot:
0.23 Acres
Heating:
Electric
Price/sqft:
$906
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$209K – $1.1M
Confidence Low
List vs. estimate
$825K above estimate
List $1,150,000 · +253.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$906
-8.8% vs. city median $993
Based on
51 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,783
2025
Pool
Heated
Garage
1 car garage
All facts and features

  • Flooring

    • Ceramic Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 7263600004

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $16,783

  • Source details

    • MLS ID: A4693243

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Slab

    • Laundry Features: Inside

    • Pool Features: Heated / In Ground

    • Direction Faces: South

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1269

    • Water Source: Public / Well

    • Subdivision Name: KEY ROYALE 1ST ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34217
288
median $1.4M
Active
Same city
HOLMES BEACH
181
median $1.5M
Active
Same type
House
111
median $1.9M
Active
Similar price
$805K – $1.5M
49
median $1.1M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLIANCE GROUP