731 Key Royale DRIVE, Holmes Beach, FL, 34217 | $5,495,000

Nestled at the northern-most point in the picturesque shores of Key Royale on Anna Maria Island, this stunning WATERFRONT property embodies the epitome of luxury coastal living. This is an Emily Anne Smith designed home where you are greeted with one of the most perfect floor plans and expansive views of Bimini bay and more. This 5 bedroom, 4. 5 bathroom is so captivating by the seamless blend of elegance and comfort. In its most pristine condition, the caring owners have loved and kept up the property like it is brand new. The interior boasts a spacious open floor plan, adorned with high ceilings, oversized windows, and high end finishes throughout. Every detail has been meticulously crafted to create an atmosphere of refined sophistication. The heart of the home lies in the gourmet kitchen with the long centered island, completed with top-of-the-line appliances including 2 dishwashers, calming colored custom cabinetry perfect for culinary enthusiasts and entertaining guests. Adjacent to the kitchen, the dining area and living room offers breathtaking views of the waterfront, providing the ideal backdrop including sunsets every night. With a total of five bedrooms and four and a half baths, there's plenty of room for family and friends to feel right at home. Each bedroom boasts its own unique charm and character, providing a comfortable atmosphere. There are many outdoor areas to lounge including a covered patio to enjoy morning coffee and watch the Yacht’s go in and out of Galati’s marina. Or lounge by the sparkling heated infiniti pool, soak up the sun on the large sundeck, or unwind in the spa while enjoying panoramic views and watching dolphins, manatees, pelicans and more play in the water. A private dock offers direct access to the bay, perfect for boating, fishing, or simply admiring the sunset. Located in the prestigious Key Royale community, enjoy many amenities including a golf course, tennis/pickleball courts, and a clubhouse. This is a must see, schedule your private showing today!

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 2009
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,282
  • Acreage: 0.2
  • Est. Taxes: $36,430
  • HOA Fee: $350 Quarterly
  • Pool: Heated, Infinity
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4600791
  • Days on Market: 307 days
  • Website: https://www.raveis.com
    /eprop/A4600791/731keyroyaledrive_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 1/9/2025 12:39:13 AM)
Listing courtesy of SATO REAL ESTATE INC.   Phone: 941-778-7200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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731 Key Royale DRIVE, Holmes Beach, FL, 34217

$5,495,000

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 $4,396,000 $4,396,000 $4,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.274% 6.723% 6.932%
Monthly Tax Payment $3,036 $3,036 $3,036
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,247 $28,148 $38,901
Total Monthly Payment $32,408 $31,309 $42,062

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.