For Sale House MLS# A4693882

306 PALM AVENUE

ANNA MARIA, FL 34216

$1,525,000

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About 306 PALM AVENUE

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!

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1984
Stories
One
Living area
1,902 sqft
Price / sqft
$802
Lot
0.19
Full baths
3
Furnished
Unfurnished
Original price
$1,695,000
MLS #
A4693882

Interior

Features
Central Air, Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Central, Electric Dryer Hookup, Inside, Washer Hookup, Carpet, Concrete, Laminate, Dishwasher, Range, Refrigerator, Washer
Appliances
Dishwasher, Range, Refrigerator, Washer
Flooring
Carpet, Concrete, Laminate
Heating
Central
Cooling
Central Air
Laundry
Electric Dryer Hookup, Inside, Washer Hookup

Exterior & lot

Features
Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage, Converted Garage, Driveway, Ground Level, Shed(s)
Construction
Block, Concrete, Stucco, One, Slab, Metal, Other
Roof
Metal, Other
Foundation
Slab
Lot
R1, LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1, 7058700001
Parking
Converted Garage, Driveway, Ground Level

Schools

District
Manatee County School District
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Manatee High

Utilities

Utilities
Public Sewer, Public, Electricity Connected, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Stellar MLS, Fee Simple
Annual tax
$3,591
Tax year
2025
Parcel
7058700001
Legal
LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1

Location

Subdivision
BIMINI BAY COLONY CLUB
Area
34216 - Anna Maria
County
Manatee
Neighborhood
Bimini Bay Colony Club
Community
Manatee, Asphalt, Stellar MLS
Directions
Cross the manatee bridge onto Anna Maria Island. Stay straight on Manatee Ave and continue through Holmes Beach toward Anna Maria. Proceed North on Gulf Dr into the City of Anna Maria. Turn right on Palm Ave, the home will be on the left.

Location

Neighborhood
Bimini Bay Colony Club
Subdivision
BIMINI BAY COLONY CLUB
School district
Manatee County School District

Let's talk

Questions on 306 PALM AVENUE, ANNA MARIA, FL 34216, or want to see it in person?

Justin Powell · (941) 718-0294

Listed by Kasay Gunter, DUNCAN REAL ESTATE, INC.

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