306 PALM AVE Anna Maria, FL 34216
3 Beds
3 Baths
1,902 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,902 sqft
Price per Sqft $891
Subdivision Bimini Bay Colony Club
MLS Listing ID A4693882
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,591
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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!
Location
State FL
County Manatee
Community Bimini Bay Colony Club
Area 34216 - Anna Maria
Zoning R1
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Concrete, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Exterior Feature Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Parking Features Converted Garage, Driveway, Ground Level
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Metal,Other
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Manatee High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://youtu.be/yt0_Q2f0Of4
