Listing Details for MLS #A4650328
501 Key Royale Drive, Holmes Beach, Fl

Residential Property - Single Family Residence in Holmes Beach

Listing Price: $1,950,000 (Mortgage Calculator →)Days on Market: 4

Description of Property

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.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $1,720,783. This single family residence is listed at about 113% of the average asking price. There are 15 3 bedroom/2 bath homes between $1,600,000 and $2,200,000 currently listed for sale in this Zip code. See other listings like this one »