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New price - Luxury bayfront living meets the quintessential Anna Maria Island lifestyle. This fabulous, custom-built coastal residence is a testament to exquisite design and unparalleled comfort, offering a sanctuary of relaxation and sophistication. Crafted with inspiration from gracious British West Indies estates, this island jewel boasts panoramic open water vistas of Tampa Bay that greet you from the moment you step through the front door. Every corner of this home is thoughtfully designed to maximize stunning water views, with nearly every room offering a glimpse of the majestic bay. Step into the spacious and inviting open floor plan, adorned with fine finishes, richly textured wide plank wood floors and extensive moldings throughout the home. The great room features a gas fireplace with built-in cabinetry, setting the stage for cozy gatherings and tranquil evenings by the bay. Entertain with ease in the bayfront dining room, seamlessly connected to the expansive island kitchen adorned with Wolf and Sub-Zero appliances, abundant Shaker cabinets and stone counters. Indulge in the luxury of the first-floor primary suite, where spectacular wide-bay views await to mesmerize you each morning. A bayfront sunroom leads to a guest bedroom and bath, effortlessly creating an additional first-floor guest suite with a private entrance. A second guest suite, bonus room, laundry and half bath complete the main level. An upstairs office, three bedrooms, baths, and bonus rooms lead to an expansive covered bayfront veranda, offering the ideal vantage point for taking in breathtaking views. Outside, experience resort-like living in your waterfront yard, complete with a sparkling pool, rejuvenating spa, and expansive covered outdoor spaces ideal for enjoying shade and balmy bay breezes. Delight in the spectacle of vibrant sunrises each morning while dolphins frolic in the bay. The bayside outdoor bar and fire pit beckon for evenings of colorful, reflective sunsets, inviting relaxation and entertainment. For the avid boater, this property is a dream come true, with no bridges to the bay or Gulf of Mexico. Boasting a new dock, 13,000-pound boat lift and jet ski lift, you'll have effortless access to the azure waters surrounding Anna Maria Island. Andersen 400 series impact-glass windows and doors and an air-conditioned garage. There was no storm damage to the home. In the desired island oasis of Key Royale, this residence is part of a premier golf and boating community with beautiful beaches just five minutes away. Embrace the laid-back island lifestyle, where every day offers opportunities for boating, fishing, kayaking, biking, golfing, dining, shopping, and experiencing the vibrant culture of Anna Maria Island through its festivals and art shows. Escape to 641 Key Royale Drive, where luxury, comfort and the Anna Maria Island lifestyle converge in harmony.