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633 KEY ROYALE DRIVE

House For Sale
$3,350,000

BTC: 53.17460317

ETH: 1,918.67124857

-$145K (2026/06/02)
43 days
Waterfront
3 bds
3 ba
1,910 sqft

Overview

FULL INTERCOASTAL WATER VIEWS!!! A rare waterfront opportunity awaits on beautiful Anna Maria Island. Set on an oversized homesite along Key Royale Drive, this exceptional property offers the perfect canvas to build your island dream home. The backyard is a tranquil retreat offering world-class sunrise views over the intercoastal waterway, along with direct fishing and boating access to the Gulf. Just down the street, the Key Royale Club features a private 9-hole golf course, dining, and social amenities. You’re also only a short golf cart ride away from Anna Maria Island’s top-rated restaurants, boutique shopping, and pristine white-sand beaches. The existing 3-bedroom, 3-bathroom home sustained water damage from Hurricane Helene and has been partially gutted, providing a clean slate for redevelopment. The spacious backyard already includes a sparkling pool, private dock, and room to add a boat lift — an ideal foundation for waterfront living. Whether you’re seeking a full-time residence, luxury vacation home, or investment property, the possibilities here are endless!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1968
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$1,754
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$590,000
$385K – $2.5M
Confidence Low
List vs. estimate
$2.8M above estimate
List $3,350,000 · +467.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,753
+76.6% vs. city median $993
Based on
21 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,831
2025
Pool
In Ground
Waterfront
Intracoastal Waterway
Garage
2 car garage
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 7299400007

    • Zoning: R1AA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $15,831

  • Source details

    • MLS ID: A4690877

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Pool Features: In Ground

    • Direction Faces: North

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1910

    • Water Source: Public

    • Subdivision Name: KEY ROYALE 8TH 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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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: SATO REAL ESTATE INC.