$3,650,000
659 Key Royale Drive
Holmes Beach, FL 34217
Listing updated: April 27, 2026 at 4:26 PM ET
Listing courtesy of Sato Real Estate Inc. · Cindy Quinn, PA · MLS #A4663623 · Active · 941-778-7200Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $3.65M for a vacant 0.34-acre waterfront lot in an AE flood zone, you're paying a premium for location and water access on Anna Maria Island, but you'll want to budget heavily for elevated construction, flood insurance, and substantial permitting costs before building. The lack of HOA is a plus for flexibility, though that also means no shared amenities or maintenance support, and the flood designation will significantly impact financing, insurance rates, and resale appeal. This is really a teardown/new build play for someone committed to the island lifestyle and willing to absorb major regulatory and cost headwinds upfront.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history239 days on market
- Status: ActiveAug 31, 2025
- Listed$4,200,000Aug 31, 2025
- Price reduced$3,650,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 239
- Subdivision
- Key Royale 12th Add
- County
- Manatee
- Price/sq ft
- $243
- Lot size
- 15,002 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12081C0139F)
- Annual taxes
- $31,373 (2024)
- Parcel #
- 6905011752
- Zoning
- R1AA
- MLS #
- A4663623
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-08-31
- On market date
- 2025-08-31
- Original list price
- $4,200,000
- MLS area
- 34217 - Holmes Beach/Bradenton Beach
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-08-31
- Tax legal description
- LOT 4 KEY ROYALE 12TH ADD PI#69050.1175/2
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Manatee Avenue west to Gulf Drive. Turn north on Gulf Drive. Take Gulf Drive to Marina Drive, turn tight. Take Marina to Key Royale Drive and turn right. Go over the Key Royale Bridge to 659 Key Royale Drive.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 27, 2026 at 4:26 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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