$3,950,000
605 Key Royale Drive
Holmes Beach, FL 34217
Listing updated: June 22, 2026 at 11:02 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
This fully remodeled 3-bedroom, 3.5-bath waterfront home is a rare find—offering breathtaking views, modern upgrades throughout, and direct access to Tampa Bay and the Gulf of Mexico in the highly sought after neighborhood of Key Royale on Anna Maria Island. Situated on a tranquil south-facing cove along the Intracoastal Waterway, this property provides both stunning scenery and natural protection. Upon entering the home, you will find an open, airy floor plan featuring all-new wood flooring, new interior and exterior doors, new windows with shutters, and exceptional craftsmanship at every turn. The chef’s kitchen is a true showstopper, showcasing top-of-the-line Thermador appliances, custom cabinetry, and a spacious layout designed for effortless hosting and everyday living. The primary suite is a retreat of its own with large walk -in closet and a beautifully updated ensuite bath. The second bedroom functions like a second primary, offering a generous bedroom space and its own private ensuite bathroom—ideal for guests or multi-generational living. Outdoors, the home transforms into a private waterfront paradise. Enjoy a saltwater pool and spa, an outdoor kitchen with a gas BBQ, green egg, griddle, and your own putting green—all overlooking sparkling water views where dolphins are frequent visitors. Boaters will appreciate the 16,000-lb boat lift, deep water access, and plenty of side-yard space for additional toys, including a 50-amp RV hookup and room for a boat or trailer. Additional peace of mind comes with recent updates: the lanai was screened in March 2026, and a full home inspection was completed in January 2026 by SWF Home Inspections. With luxury updates, protected water, and unparalleled views, this is Florida waterfront living at its finest!
Local Insight
At nearly $4M for a 1963 build in an AE flood zone, you're paying premium waterfront dollars for a property that will require flood insurance and likely future elevation or resilience costs—so factor that into your real numbers. The lot is tight at 0.26 acres with a pool already on it, meaning limited room to expand or reconfigure, which matters if you're thinking this is a long-term hold in a changing climate. That said, direct water access and no HOA in Key Royale is genuinely rare, and the price-per-square-foot reflects the scarcity of that combo, not necessarily the condition or age of the structure itself.
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 history23 days on market
- Status: ActiveMay 30, 2026
- Listed$3,950,000May 30, 2026
- Price increased$3,950,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 23
- Subdivision
- Key Royale 2nd Add Rep
- County
- Manatee
- Year built
- 1963
- Living area
- 2,645 sq ft
- Price/sq ft
- $1,493
- Building area
- 3,495 sq ft (Public Records)
- Lot size
- 11,326 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12081C0139F)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $15,268 (2025)
- Parcel #
- 7283700008
- Zoning
- R1AA
- MLS #
- A4694873
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator
- Interior features
- Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Ground Level, RV Access/Parking
HOA & Financial
- Total monthly fees
- $8/mo
- Total annual fees
- $90
- CDD
- No
- Min lease term
- 1 Month
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Verify lease restrictions with HOA
Exterior & Construction
- Exterior features
- Balcony, Outdoor Kitchen
- Construction materials
- Concrete, Stucco
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Private Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected
Community
- Pets allowed
- Yes
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.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 13x18 |
| Living Room | First | 16x18 |
| Den | First | 10x10 |
| Primary Bedroom | First | 16x18 |
| Primary Bathroom | First | 15x17 |
| Laundry | First | 8x6 |
| Primary Bedroom 2 | First | 16x13 |
| Bedroom 3 | First | 12x11 |
Listing Details
- Listing date
- 2026-05-30
- On market date
- 2026-05-30
- Original list price
- $3,950,000
- Occupant type
- Vacant
- MLS area
- 34217 - Holmes Beach/Bradenton Beach
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-30
- Tax legal description
- LOT 3 REPLAT KEY ROYALE 2ND ADD PI#72837.0000/8
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
Take Manatee Ave W and head towards Anna Maria Island. Turn right onto Marina Drive and then turn right onto Key Royale. Continue to over the bridge and property of 605 Key Royale will be on your right.
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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 June 22, 2026 at 11:02 AM 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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