tomo logo

$4,250,000

Beds
4
Baths
3.5
sq ft
4,330

718 Key Royale Dr, Holmes Beach, FL 34217

718 Key Royale Dr

HOLMES BEACH, FL 34217

  • 16 days on market
KEY ROYALE LUXURY WATERFRONT! Experience unparalleled luxury living in this exquisite Key Royale waterfront masterpiece. Custom built in 2015, this stunning furnished home is nestled in the esteemed North Point Harbour community and sustained NO flooding damage during the hurricanes. Spanning multiple floors, the residence boasts 4 bedrooms, 3 full bathrooms, 2 half bathrooms, an office, and a bonus room, offering a total of 4,330 square feet of lavish interior space and 7,663 square feet in total. The gourmet kitchen is a chef's dream, featuring high-end appliances, custom cabinetry, and a 10-foot marble island, all flowing seamlessly into the bright and spacious living areas. Entertain effortlessly on the main floor's open-plan layout, adorned with 9.5-foot coffered ceilings, an en-suite bedroom, and an office. The primary bedroom offers breathtaking bay views, a walk-in closet with custom cabinetry, and a serene en-suite bath with dual sinks and shower heads. An expansive balcony off the main floor provides the perfect setting for family gatherings and BBQs. Outdoor amenities include a dock with a boat lift, a pool area with a spa, a gas firepit, and landscaped grounds. Luxury abounds with travertine flooring, extensive trim work, a fishing tackle room, outdoor kitchen, elevator shaft to all three levels, outdoor shower, propane gas, and security system. Enjoy the convenience of proximity to The Key Royale Golf Club, as well as Bimini Bay, Tampa Bay, and the Gulf of Mexico, ideal for golf and boating enthusiasts. This home offers the perfect blend of elegance and relaxation, making it an ideal year-round residence or second home retreat. Residents can also enjoy access to swimming, tennis, pickle ball and social events at the clubhouse as part of the North Point Community HOA within the Key Royale community. Call for your private showing today.

Details

Property type

Single Family Residence

Est. home value

$4,182,207

Lot size

9,095 sq ft

Price per sq ft

$982

Year built

2015

Annual property taxes

$47,405.71

Monthly HOA fee

$155

Price History

02/06/2025
StellarMLS

StellarMLS #A4636790

Listed
$4,250,000
+82.4%
12/31/2020
StellarMLS

StellarMLS #A4480381

Sold
$2,330,000
+747.27%
05/05/2011
StellarMLS

StellarMLS #A3939542

Sold
$275,000
-50.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,412,034
Asking price
$4,250,000
Closing costs (~8% of asking)
-$340,000
Est. remaining loan balance
-$497,966
Cash to seller
$3,412,034

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2020

Original loan amount

$548,125

Est. remaining balance

$497,966

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Scott K Saunders and Michele C Saunders

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 9:30 PM

Listing updated: 02/07/2025 at 6:52 AM

Listed by: Hannah Hillyard, MICHAEL SAUNDERS & COMPANY Phone #: (941) 896-9981

MLS: StellarMLS #A4636790

StellarMLS logo

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