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$6,900,000

659 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217

Active278 days on market

Beds

Baths

Sq Ft

4,984 sq ft

Year Built

1972

Lot Size

0.34 acres

Garage

About This Property

Pre-Construction. To be built. Looking to build BRAND NEW CONSTRUCTION with FULL BAY VIEWS in the fabulous Key Royale boating and golfing community? This 15,000 sq. ft lot has been fully cleared and is ready to go! The first photo is a proposed design by noted Sarasota designer Brian Phipps including building plans and pricing by local Sarasota builder. You can also bring your own plans and builder. Option to buy the vacant lot separately for $3,300,000. Plan specs: 5B/5.5B/+DEN with 4984 sq.ft and total of 11,321 sq.ft. and will include a 3 car garage, roof top deck, designer pool and spa and will feature high end builder upgrades for the most discerning buyers. Enjoy unobstructed views of the Tampa Bay and Sunshine Skyway. Build your island dream home, or create a sensational waterfront investment property. Plans and elevations are available for your review. Floor plan, square footage, etc. have been calculated based on current design by local builder and can be shared on request.

Property Overview

Property TypeResidential

Sub TypeSingle Family Residence

MLS #A4665652

StatusActive

Year Built1972

Stories1

Total Rooms10

ConstructionBlock

RoofMetal

FoundationSlab

FacesEast

SubdivisionKEY ROYALE 12TH ADD

CountyManatee

OwnershipFee Simple

New ConstructionYes

Interior Features

InteriorCeiling Fan(s), Crown Molding, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Wet Bar

FlooringPorcelain Tile, Hardwood

AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

LaundryLaundry Room

WindowsENERGY STAR Qualified Windows, Storm Window(s)

CoolingCentral Air

HeatingCentral

Exterior & Lot

ExteriorBalcony, Outdoor Shower, Rain Gutters, Storage

Lot Size0.34 acres (15,002 sq ft)

Lot Dimensions100 x 150

Lot FeaturesCleared

Road SurfaceAsphalt

Pool & Spa

Private PoolYes

Pool FeaturesHeated

SpaHeated, In Ground

Waterfront

WaterfrontYes

FeaturesBay/Harbor, Intracoastal Waterway, River Front

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesBB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOANo

Senior CommunityNo

Financial Details

List Price$6,900,000

Original Price$6,800,000

Annual Taxes$31,373 (2024)

FinancingCash

ZoningR1AA

Parcel #6905011752

Schools

ElementaryAnna Maria Elementary

MiddleMartha B. King Middle

HighManatee High

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.

Location

659 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217

Listing Information

OfficeSATO REAL ESTATE INC.

ListedSeptember 26, 2025

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Home Price

$6,900,000

Down Payment20% ($1,380,000)

Interest Rate6.75%

Loan Term

Principal & Interest$35,803

Property Tax (est.)$6,325

Insurance (est.)$150

Total Monthly$42,278

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Nearby Schools

Elementary School

Anna Maria Elementary

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Middle School

Martha B. King Middle

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High School

Manatee High

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: July 2, 2026.