306 Palm Avenue, Anna Maria, FL 34216

$1,625,000
3
BD
3
BA
1,902
SqFt

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List Price
$1,625,000
Price Change
▼ $70,000 1783710728
Days on Market
75
MLS#
A4693882
Bedrooms
3
Full Bathrooms
3
Sq. Ft
1,902
Lot Size
8,350
Subtype
Single Family
County
Manatee
Community
No Deed Restriction
Subdivision
Bimini Bay Colony Club Sub
Year Built
1984

Property Description

LOCATION! NEW STEEL ROOF! .19 ACRE LOT! RARE ARTISAN WELL! MOTHER-IN-LAW SUITE! Opportunity is knocking on one of the most desirable streets on Anna Maria! This rare opportunity offers incredible potential in an unbeatable location. Just moments from the beach, the bay, the community center, and the shops and restaurants of Pine Avenue. This 3 bedroom, 3 bathroom home sits on an oversized .19-ACRE LOT in the heart of Anna Maria. The property features a NEW STEEL ROOF installed in MAY 2024 with a TRANSFERABLE 50-YEAR WARRANTY, providing a major upgrade already completed for the next owner. One of the bedrooms functions as a private mother-in-law suite with its own separate entrance, full bathroom, and existing hookups for a kitchenette - ideal for guests, extended family, or added rental flexibility. A unique highlight of the property is the separately deeded ARTISAN WELL, which supplies irrigation water to the community center as well as neighboring properties. This creates both community value and potential tax benefits! WEEKLY RENTALS are allowed, making this an outstanding opportunity for investors, builders, or buyers looking to create their dream island home. The property experienced flooding and will require renovation/gutting, but the location, lot size, and valuable existing features make this a truly exceptional investment opportunity on Anna Maria Island!

Additional Information

City
Anna Maria
Region
Anna Maria
Zip
34216
Mo Subdivision
Anna Maria
Neighborhood
Anna Maria
Subdivision
Bimini Bay Colony Club
Area
1902
Community Extras
No Deed Restriction
Property Description
One Story
Exterior Construction
Block, Concrete, Stucco
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Manatee High
Pool Type
No Pool
Property Style
Single Family
Total Acreage
0 to less than 1/4
Special Sale Provision
None
Minimum Lease
1-7 Days
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Flood Zone
AE
Flood Zone
Yes
Financing Available
Cash, Conventional
Heated Square Feet
1902
Acres
0.19
Exterior Features
Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Parking Description
Converted Garage, Driveway, Ground Level
Floor Covering
Carpet, Concrete, Laminate
Other Structures
Shed(s)
Pp Sqft
854.36
Levels
One
Occupant Type
Vacant
Subtype
Single Family
Roof
Metal, Other
Property Subtype
Residential
Sewer
Public Sewer
Water Source
Public
Furnished
Unfurnished

Listing courtesy of DUNCAN REAL ESTATE, INC.. 941-779-0304

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