306 Palm Avenue, Anna Maria, FL 34216
- $1,625,000
- 3
- BD
- 3
- BA
- 1,902
- SqFt
- List Price
- $1,625,000
- Status
- ACTIVE
- MLS#
- A4693882
- Price Change
- ▼ $70,000 1783710728
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,902
- Subdivision
- Bimini Bay Colony Club Sub
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!
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Additional Information
- Year Built
- 1984
- Construction
- Block, Concrete, Stucco
- Living Area
- 1,902
- Acres
- 0.19
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
- Cooling
- Central Air
- Heating
- Central
- Parking
- Converted Garage, Driveway, Ground Level
- Exterior Features
- Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
- Sewer
- Public Sewer
Listing courtesy of DUNCAN REAL ESTATE, INC..
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