Active Under Contract House MLS# TB8456067

505 S BAY BOULEVARD

ANNA MARIA, FL 34216

$2,750,000

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About 505 S BAY BOULEVARD

Under contract-accepting backup offers. Grandfathered to accommodate up to 12 guests—a rare and increasingly valuable advantage on Anna Maria Island—505 S Bay Boulevard offers an exceptional opportunity for investors seeking one of the island's highest-performing vacation rental properties. Unlike many homes subject to today's stricter occupancy regulations, this property retains its coveted higher occupancy allowance, creating significantly greater rental flexibility and income potential. The results speak for themselves: the property has already generated more than $163,000 in gross rental income by the end of June and is currently projected to exceed $210,000 in gross rental revenue by year-end, making this an incredible opportunity to own a luxury waterfront home with proven, substantial income-producing performance. Let the island breeze guide you home to 505 S Bay Boulevard, a waterfront haven where the world slows down and coastal living feels like poetry. Tucked along the tranquil north end of Anna Maria Island, this elevated five-bedroom, five-bath home invites you to experience a lifestyle wrapped in beauty, comfort, and pure island magic. Step inside and discover more than 3,200 square feet of thoughtfully designed living space, filled with natural light and framed by sweeping water views. The open-concept floor plan flows seamlessly, anchored by a gourmet kitchen featuring dual islands, high-end finishes, and a gas cooktop—perfect for everyday living and effortless entertaining. Multiple ensuite bedrooms, a versatile top-floor loft, and separate living areas provide privacy and flexibility for family, guests, or long-term stays. Four balconies extend the indoor living spaces outdoors, offering uninterrupted views of spectacular sunrises over the bay and peaceful evenings overlooking the water. Luxury amenities continue throughout the property, including a heated saltwater pool, private boat dock and lift on the canal, an eco-friendly rainwater cistern system, two tankless water heaters, an R38-rated metal roof with spray-foam insulated walls for exceptional energy efficiency, and a transferable 25-year termite warranty for added peace of mind. For boating enthusiasts, the home's 32 feet of saltwater canal frontage, deeded boat slip, and private lift provide direct access to the Intracoastal Waterway and the Gulf of Mexico. Durable coastal construction, impact-resistant features, and low-maintenance materials ensure lasting value while embracing the waterfront lifestyle. Beyond the home, Anna Maria Island offers one of Florida's most celebrated coastal experiences. A short stroll or bike ride leads to the charming boutiques, cafés, and galleries along Pine Avenue, while world-famous sugar-sand beaches and crystal-clear Gulf waters provide endless opportunities for boating, paddleboarding, fishing, shelling, and unforgettable sunsets. At 505 S Bay Boulevard, you're not simply purchasing a luxury waterfront residence—you're acquiring one of Anna Maria Island's rare investment opportunities, combining grandfathered high occupancy, exceptional proven rental performance, premier boating access, and the timeless island lifestyle that continues to make this one of Florida's most sought-after coastal destinations.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active Under Contract
Year built
2014
Stories
Three Or More
Living area
3,202 sqft
Price / sqft
$859
Lot
0.17
Full baths
5
Furnished
Negotiable
Original price
$3,195,000
MLS #
TB8456067

Interior

Features
Central Air, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, L Dining, Thermostat, Walk-In Closet(s), Window Treatments, Central, Electric, Inside, Laundry Room, Upper Level, Bamboo, Ceramic Tile, Tile, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Flooring
Bamboo, Ceramic Tile, Tile
Heating
Central, Electric
Cooling
Central Air
Laundry
Inside, Laundry Room, Upper Level

Exterior & lot

Features
Gunite, Heated, In Ground, Salt Water, Coastal, Balcony, Lighting, Outdoor Shower, Rain Barrel/Cistern(s), Rain Gutters, Sidewalk, Sprinkler Metered, Storage, Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Parking Pad, Garage, Porch, Front Porch, Rear Porch
Construction
Block, Three Or More, Slab, Metal
Roof
Metal
Foundation
Slab
Lot
Pool, Trees/Woods, Water, Gulf/Ocean - Partial, Gulf/Ocean to Bay, R1, LOT 7 REPLAT OF LOTS 74 THRU 85 WELLS BAY HARBOR SEC A PI#69355.0000/6, 6935500006
Patio & porch
Front Porch, Porch, Rear Porch
View
Pool, Trees/Woods, Water, Gulf/Ocean - Partial, Gulf/Ocean to Bay
Pool
Gunite, Heated, In Ground, Salt Water
Waterfront
Canal - Saltwater
Parking
Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Parking Pad, Garage
Garage spaces
2

Schools

District
Manatee County School District

Utilities

Utilities
Public Sewer, Public, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Public, Sewer Available, Sprinkler Meter, Sprinkler Recycled, Sprinkler Well, Water Available, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Stellar MLS, Fee Simple
Annual tax
$35,732
Tax year
2025
Parcel
6935500006
Legal
LOT 7 REPLAT OF LOTS 74 THRU 85 WELLS BAY HARBOR SEC A PI#69355.0000/6

Location

Subdivision
WELLS BAY HARBOR SEC A REP
Area
34216 - Anna Maria
County
Manatee
Community
Manatee, Asphalt, Stellar MLS
Directions
On I-75, take Exit 220 for State Road 64 / Manatee Avenue toward Bradenton / Holmes Beach / Anna Maria Island. At the end of the exit, turn west onto State Road 64 (Manatee Ave W). Continue straight for about 10 miles on Manatee Avenue, heading toward the Gulf of Mexico. Cross the Anna Maria Island Bridge to enter the island. Continue on Manatee Ave until it ends at Gulf Drive. Turn right (north) onto Gulf Drive. Stay on Gulf Drive as it curves and continues north toward the City of Anna Maria. Turn right onto Magnolia Avenue. Turn right onto South Bay Boulevard. Continue along South Bay Blvd until you reach 505 S Bay Blvd — it will be on your right

Location

Neighborhood
WELLS BAY HARBOR SEC A REP
School district
Manatee County School District

Let's talk

Questions on 505 S BAY BOULEVARD, ANNA MARIA, FL 34216, or want to see it in person?

Justin Powell · (941) 718-0294

Listed by Brenda Wade, KELLER WILLIAMS SOUTH TAMPA

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