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!
Listed By
Agency Name: DUNCAN REAL ESTATE, INC.
Agency Contact: 941-779-0304
Shown By
Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 9,204.58 per month $8,410.96 Principal & Interest $299.25 Property Tax $494.38 Homeowner's InsuranceSend an email with a link to
306 Palm Avenue, Anna Maria, FL 34216.
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306 Palm Avenue, Anna Maria, FL 34216.
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306 Palm Avenue | MLS# A4693882
This single family home located at 306 Palm Avenue, Anna Maria, FL 34216 is currently listed for sale with an asking price of $1,695,000. This property was built in 1984 and has 3 bedrooms and 3 full baths with 1902 sq. ft. Palm Avenue is located in the BIMINI BAY COLONY CLUB subdivision. Search BIMINI BAY COLONY CLUB real estate on timhack.watsonrealtycorp.com today.