306 Palm Ave

ANNA MARIA, FL 34216

About this property

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!

About this property

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!

Features and Additional Information

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$1,525,000 Active
3 Bed(s)
3
Baths
1,902 sqft

Presented By Premier Key Realty

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Get in touch today! Phone: 1-407-326-8826
Brokerage
DUNCAN REAL ESTATE, INC.
1-941-779-0304
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Area Information

34216 Anna Maria | Manatee County | BIMINI BAY COLONY CLUB

$ 1,525,000
This listing is play_arrow 21.8% lower than the average in the area
$ 1,949,500 in the area
1,902 SqFt
This listing is play_arrow 3.2% larger than the average in the area
1,843 SqFt in the area
$ 802 $/SqFt
This listing is play_arrow 24.2% less than the average in the area
$ 1,058 $/SqFt in the area
110 days on site
This listing is play_arrow 61.3% below the average in the area
284 days on site in the area

Schools in the Area

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    Elementary School
    Anna Maria Elementary
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    Middle School
    Martha B. King Middle
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    High School
    Manatee High
Listed By Kasay Gunter
Brokerage: DUNCAN REAL ESTATE, INC.

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