501 KEY ROYALE DRIVE, Holmes Beach, FL, 34217 | $1,950,000

This completely remodeled, ELEVATED waterfront home in the popular Key Royale neighborhood of Holmes Beach on Anna Maria Island - a true paradise for beachgoers & boating enthusiasts alike. Situated on an oversized corner lot, this southern-facing 3-bedroom, 2-bath retreat offers breathtaking water views, a resort-style pool/spa, & direct deep-water canal access to the Gulf & Tampa Bay with no bridges. This home features a new seawall & a 20x12 Trex dock right on the water, perfect for watching the sunrise, soaking in the island lifestyle, watching dolphins & manatees glide by or launching your kayak. The home is built for peace of mind with updated impact-rated doors, windows, garage door - providing added security & energy efficiency. As you enter, a grand two-story foyer welcomes you with luxury vinyl plank flooring that runs throughout, striking designer lighting & timeless coastal finishes. Every inch of the interior has been thoughtfully redesigned, from the brand-new interior doors & trim to the completely transformed ceilings. The heart of the home is a bright & airy open-concept layout where the great room, dining area & gourmet kitchen flow seamlessly together - ideal for entertaining or relaxing after a day at the beach. The chef’s kitchen is a showstopper with modern cabinetry, quartz countertops, glass tile backsplash, brand-new stainless-steel appliances with warranties & single-bowl sink with water views from the picture window. Step outside to the screened-in lanai with pocket sliding doors that extend your living space or unwind on the new wrap-around Trex deck overlooking the water. The owner’s suite is a private haven featuring its own balcony with pool/spa access, a spa-inspired ensuite bathroom with a new double sink vanity, quartz countertops & frameless glass walk-in shower. The additional two bedrooms are generously sized & share a beautifully updated bathroom, while the spacious laundry room features a utility sink & brand-new washer and dryer. Outside, the resort-style pool/spa are surrounded by lush privacy landscaping, vinyl fencing, & artificial turf, creating a huge low-maintenance, tropical oasis. The covered patio with epoxy flooring provides the ideal spot for alfresco dining, entertaining or relaxing in the ocean breeze. Pool, dock, & deck furniture are included. Recent upgrades include a new pool pump, WiFi-enabled heater (2025), hot water heater (2025), AC (2023) & covered gutters. In addition to the outdoor storage shed, the spacious 3-car garage with two storage areas provides plenty of room for your gear & golf cart! The xeriscape yard, surrounded by new vinyl fencing & gates for added privacy, offers additional parking for guests, or an RV or boat with trailer! There is a capped artesian well which can be tapped for irrigation or water supply to the home. As a resident of Key Royale, you'll appreciate the 30-day minimum rental policy, preserving a true neighborhood feel. For added luxury, you can join the private Key Royale Club, offering golf, fine dining, & social events. With Anna Maria Island’s white sand beaches just 2 blocks away, this coastal sanctuary delivers the perfect blend of island charm, boating convenience & elevated elegance. Enjoy all the island life has to offer from the free trolley to famous dining, shopping, community pickleball, tennis, basketball courts & dog parks. If you’re looking for the ultimate boater’s paradise near the beach, this home is your dream come true.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room
  • Style: Contemporary, Florida
  • Year Built: 1991
  • Garage: 3-car Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Oversized, RV Parking
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,759
  • Acreage: 0.33
  • Est. Taxes: $20,092
  • Lot Desc: Corner Lot, Landscaped, Level, Near Golf Course
  • View: Garden, Trees/Woods, Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Manatee High
  • Pool: Heated, In Ground, Lighting
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4650328
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /eprop/A4650328/501keyroyaledrive_holmesbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/11/2025 4:28:46 AM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

501 KEY ROYALE DRIVE, Holmes Beach, FL, 34217

$1,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,560,000 $1,560,000 $1,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.751% 6.666%
Monthly Tax Payment $1,674 $1,674 $1,674
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,479 $9,989 $13,589
Total Monthly Payment $11,278 $11,788 $15,388

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.