$2,750,000
514 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217
Beds
3
Baths
3
Sq Ft
2,668 sq ft
Year Built
1973
Lot Size
0.24 acres
Garage
2
About This Property
Welcome to 514 Key Royale Drive, where luxury waterfront living meets the relaxed island lifestyle. Nestled in the exclusive and highly sought-after Key Royale community, this beautifully appointed 3-bedroom, 3-bathroom home sits on a generous .24-acre waterfront lot and offers 100 feet of deep-water canal frontage, featuring a private boat dock and lift, with direct boating access to Tampa Bay and the Gulf of Mexico. Step outside to enjoy the heated pool and spa overlooking the water, creating the perfect setting for relaxing or entertaining. Recent updates include two new air conditioning systems, a new electric pool heater, and a new water heater, all installed in 2024 and 2025. The bright, open floor plan is enhanced by soaring vaulted ceilings and recessed lighting throughout the main living area, creating an inviting space filled with natural light. Designed with both comfort and style in mind, the beautifully updated gourmet kitchen features new stainless steel appliances, rich granite countertops, abundant cabinetry, and generous workspace—perfect for preparing meals or gathering with family and friends. The spacious primary suite is a private retreat with two walk-in closets and a luxurious en-suite bath. One of the guest bedrooms also features its own en-suite bathroom, providing exceptional comfort and privacy for family or visitors. Just a few blocks away, the Key Royale Club offers optional golf or social memberships, allowing you to enjoy its private par-32 nine-hole golf course, clubhouse, dining, and year-round social events. Whether you're an avid golfer or simply looking to embrace the island lifestyle, this amenity adds to the appeal of this exceptional location. Key Royale allows one-month minimum rentals, making this home an outstanding opportunity as a full-time residence, seasonal getaway, or income-producing investment.
Property Overview
Interior Features
Exterior & Lot
Pool & Spa
Waterfront
Utilities
Parking
HOA & Community
Financial Details
Schools
Directions
Manatee Avenue to North on Gulf Drive, left on Key Royale Drive, home is on the left.
Location
514 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$2,750,000
Loan Term
Nearby Schools
Financing a Luxury Home
Specialized financing for this $2,750,000 property in HOLMES BEACH. Luxury purchases typically require jumbo or portfolio lending.
💎
Jumbo Loan
$275,000 Down
For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.
🎖️
VA Jumbo
$0 Down
VA-eligible borrowers can go above conforming limits with zero down in many cases.
🏦
Portfolio Loan
$412,500 Down
Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.
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Bridge Loan
$550,000 Down
Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.
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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 13, 2026.