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Brooke O'Malley
CLUB REALTY
Real Estate Broker
1-941-726-2677

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523 Key Royale Drive
Holmes Beach, Florida FL 34217-1227
Price: $3,985,000
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Listing ID: A4558630
Status: Active
Bedrooms: 3 Bed
Total Baths: 2 Bath
Full Baths: 2 Bath
SqFt: 2,111 Sq Ft
Acres: 0.250 Acres
Subdivision: Key Royale 1st Add
Year Built: 1964
Open House (2)

LOOKING FOR PEACE AND TRANQUILITY WITH SWEEPING WATER VIEWS? Featured in Home & Design Magazine, this luxury home with wide water views in the Key Royale neighborhood of Holmes Beach is the epitome of gracious coastal living. Professional designers combined thoughtful attention to detail and the best finishes money could buy to create a home unlike any other on the island. Entering the Jeld-Wen double front doors, your first word will be "Wow!". Unfolding before you is a breathtaking great room with open water (not canal) views, an expansive 1600+/- SF travertine pool deck, shaded loggia with custom wood ceiling, outdoor kitchen with hot/cold sink and Lynx propane grill plus 20' X 20' dock (with water & electric) on sailboat water (lift allowed). The great room is filled with natural light and includes custom built-in’s, fireplace, integrated speakers, vaulted 15’ ceilings and full wall of hurricane impact sliders/windows showcasing long water views to Anna Maria Sound. The thoughtful design includes porcelain floors throughout (no carpet!) and an inviting kitchen worthy of a chef's dream featuring quartz counters, Mother of Pearl mosaic backsplash, custom cabinetry with roll outs (Campbell Cabinetry Designs), "Delta Touch” faucet, stainless farm sink, under cabinet lighting, 36" Wolf professional gas range with griddle, architectural range hood, Bosch dishwasher, Sub-Zero refrigerator with custom cabinet panels, Wolf microwave drawer and Wolf steam oven. The open floor plan is complemented by additional inviting spaces to enjoy your Florida lifestyle including a den with dual desk areas, sliders out to the loggia and barn door that ensconces the room into a functional home office, second lounging space or serene 4th bedroom. The waterfront primary bedroom is a luxury destination unto itself with incredible water views, custom coffered 10' ceilings, plush ensuite bathroom, and direct access to the pool, spa, outdoor shower and water's edge. Getting ready for your day, you have the choice of two large closets with custom built-ins and your spa-like bathroom invites you to relax with its fine finishes including generously sized custom shower, quartz counters and refined tile work. For complete privacy, there are two additional bedrooms with sumptuous bathroom nestled on the other side of the home. All bedrooms were designed to be inviting, restful places with direct access to the lanai. The attention to detail continues in the stylish laundry room with raised LG appliances, quartz counters for folding and a floor to ceiling pantry with roll outs. For worry free living, this concrete block home was built to rigorous standards including a hurricane strapped metal roof, Hardie Board siding, Andersen Hurricane windows/sliders, a 2nd garage plumbed for conversion to a 4th bedroom/bathroom and a TRANSFERRABLE FLOOD INSURANCE POLICY WITH A CURRENT PREMIUM OF $3800/YEAR. There's also a Trane HVAC system with Wi-Fi enabled thermostat, whole house surge protector, spray foam insulation, tankless water heater, WI-FI enabled garage doors, hard wired smoke/fire alarms, wiring for onsite and remote audio/video surveillance and bedside panic button for even more peace of mind. Imagine living the luxury lifestyle you've always dreamed of. Drift off to sleep as the moon rises over the bay, awaken to the glow of the sunrise on the water, then meander to the beach or enjoy the island's par 32 nine-hole private golf course. This could be yours!

Primary Features

County: Manatee
Price Before Reduction: 4000000
Price Reduction Date: 2023-04-21T15:09:50+00:00
Property Sub Type: Single Family Residence
Property Type: Residential
Subdivision: Key Royale 1st Add
Year Built: 1964
Zoning: R1

Interior

Additional Rooms: Den/Library/Office, Great Room, Inside Utility
Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: yes
Fireplace Features: Electric
Flooring: Tile
Furnished: Negotiable
Heating Type: Central
Interior Features: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry Features: Inside, Laundry Room
Levels: One
Living Area Meters: 196.12
Living Area Source: Builder
Living Area Units: Square Feet
Room Count: 13
Spa: yes
Spa Features: Heated, In Ground

External

Architectural Style: Key West
Attached Garage: yes
Carport: no
Construction Materials: Block, HardiPlank Type
Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors
Fencing: Fenced
Foundation Details: Slab
Garage: yes
Garage Spaces: 2
Homestead: yes
Lot Features: FloodZone, City Limits, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Paved
Lot Size SqFt: 10999
Lot Size Square Meters: 1022
Parking Features: Circular Driveway, Ground Level
Patio And Porch Features: Covered, Patio
Pool Features: Gunite, Heated, In Ground, Lighting
Pool Private: yes
Road Surface Type: Asphalt
Roof: Metal
Sewer: Public Sewer
Total Acreage: 1/4 to less than 1/2
Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
View Type: Water
Water Access: yes
Water Access Type: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
Water Extras: yes
Water Extras Type: Bridges - No Fixed Bridges, Dock - Composite, Dock - Open, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Sailboat Water, Seawall - Concrete
Water Frontage Feet Bay Harbor: 100
Water Source: Public, Well
Water View: yes
Water View Type: Bay/Harbor - Full, Canal, Intracoastal Waterway
Waterfront: yes
Waterfront Features: Bay/Harbor
Waterfront Feet Total: 100
Window Features: Drapes, Impact Glass/Storm Windows, Shades, Window Treatments

Location

Association: no
Association Amenities: Golf Course
Association Approval Required: no
Building Area Source: Builder
Building Area Total: 3223
Community Development District: no
Community Features: Fishing, Golf Carts OK, Water Access, Waterfront
Complex Community Name NCCB: KEY ROYALE
Country: US
Direction Faces: Northwest
Elementary School: Anna Maria Elementary
Flood Zone Code: AE
Flood Zone Panel: 12081C0139F
High School: Manatee High
Middle Or Junior School: Martha B. King Middle
MLS Area Major: 34217 - Holmes Beach/Bradenton Beach
SW Subdivision Community Name: Key Royale
Township: 34

Financial

Additional Lease Restrictions: One month minimum lease period per municipal ordinance. No short term or AirBnB rentals allowed.
Association Fee Requirement: None
Available For Lease: yes
Current Price: 3985000.00
Disclosures: Lead Paint, Seller Property Disclosure
Existing Lease Tenant: no
Lease Restrictions: 1
Listing Exclusion: 1
Listing Terms: Cash, Conventional, FHA, VA Loan
Minimum Lease: 1 Month
Ownership: Fee Simple
Ratio Current Price By Calculate: 1887.73
Special Listing Conditions: None
Tax Annual Amount: 11283
Tax Book Number: 10-21
Tax Lot: 11
Tax Year: 2022

Zoning Info


Listed by: Coldwell Banker Realty 941-383-6411.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Wednesday, June 7th, 2023 at 11:59:58 PM.

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