Under contract-accepting backup offers. Welcome to 539 Key Royale Drive, an exquisite waterfront residence nestled in the highly sought-after Key Royale community of Holmes Beach, Florida. This breathtaking property offers an unparalleled combination of luxury, comfort, and breathtaking views, making it a true gem on Anna Maria Island. Situated on a generous 0.55-acre lot, this property boasts direct waterfront access, providing serene views and the perfect setting for boating enthusiasts. Key Royale is renowned for its tranquil ambiance and exclusive waterfront properties. Residents enjoy easy access to pristine beaches, local dining, boutique shopping, and recreational activities such as golfing and boating. The community's prime location on Anna Maria Island ensures a peaceful retreat while being conveniently close to the vibrant culture of the surrounding areas. The home has experienced significant storm damage, presenting a rare opportunity to reimagine and rebuild a luxurious coastal masterpiece tailored to your vision. Possibilities are endless and therefore it is being sold As-Is. Don't miss this outstanding opportunity to own a piece of paradise, where luxury meets coastal living.