For sale Home

Listed Oct 29, 2026

$3,500,000 Est. $23,149/mo

727 Key Royale Drive

  • 5

    Beds

  • 6

    Baths

  • 3,640

    Sq ft

The story

  • Pool
  • Waterfront

EXCEPTIONAL WATERFRONT INVESTMENT OPPORTUNITY ON ANNA MARIA ISLAND! Discover this stunning custom-built waterfront estate in the desirable North Point Harbor community of Holmes Beach. Currently leased and tenant-occupied, this exceptional property offers an attractive investment opportunity with the potential to become your own luxurious island vacation home or private coastal retreat. Situated along the beautiful waters of Key Royale, this impressive two-story residence offers approximately 3,640 square feet of living space, featuring 5 bedrooms, a dedicated office, 4 full bathrooms, 2 half bathrooms, and an attached two-car garage. The spacious open-concept main level features abundant natural light, inviting living and dining areas, and a beautifully appointed kitchen with white cabinetry, stainless steel appliances, a large center island, and picturesque water views. Upstairs, the expansive primary suite, additional bedrooms, dedicated office, and generous family room provide plenty of space for relaxing and entertaining. Two oversized balconies showcase breathtaking panoramic water views and refreshing coastal breezes. A BOATER'S PARADISE! Enjoy a private dock and boat lift with direct deep-water access to Tampa Bay and the Gulf of Mexico, with no bridges to open water. The screened-in swimming pool and waterfront outdoor living areas create the perfect setting for enjoying the Florida lifestyle. Additional highlights include a metal roof, coastal-inspired finishes, and spacious indoor and outdoor gathering areas. Nestled on the highly sought-after northern end of Anna Maria Island, this property offers convenient access to pristine beaches, waterfront dining, boutique shopping, community tennis courts, and the Key Royale Golf Club. Whether you're looking to expand your investment portfolio or secure a future vacation getaway, this extraordinary waterfront property offers the best of island living!

Facts & features

Home type

Home

Year built

1988

Floors

2

Price per sq ft

$962

HOA

$450 / quarterly

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Convection Oven, Cooktop, Dishwasher, Range Hood, Refrigerator

  • Flooring

    Carpet, Tile, Vinyl

  • Roof

    Metal

  • Lot Information

    Cul-De-Sac, Landscaped, Near Golf Course, Paved

  • Exterior

    Balcony, Courtyard

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$23,149 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $18,628
  • Property tax $3,500
  • Insurance $1,021

Includes principal, interest, taxes & insurance.

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Listing Broker

REAL BROKER, LLC

Broker Name

REAL BROKER, LLC

Agent

Robert Johnson