ANNA MARIA, FL 34216 306 PALM AVENUE
$1,695,000
58 more
Presented By: DUNCAN REAL ESTATE, INC. with 941-779-0304. - 941-779-0304
Beds • 3
Baths • 3
SQFT • 1,902
Home Details
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!
Presented By: DUNCAN REAL ESTATE, INC. with 941-779-0304. - 941-779-0304
Interior Features for 306 PALM AVENUE
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Concrete, Laminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Laundry FeaturesElectric Dryer Hookup, Inside, Washer Hookup
General for 306 PALM AVENUE
Additional Parcels Description70102.0000/9
Additional Parcels Y/NYes
AppliancesDishwasher, Range, Refrigerator, Washer
Building Area UnitsSquare Feet
Carport Y/NNo
CityANNA MARIA
Construction MaterialsBlock, Concrete, Stucco
CoolingCentral Air
CountyManatee
DirectionsCross 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.
Elementary SchoolAnna Maria Elementary
Facing DirectionSouth
Flood Zone CodeAE
Full Baths3
Garage Y/NNo
HeatingCentral
High SchoolManatee High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet8350
Lot Size UnitsSquare Feet
MLS Area34216 - Anna Maria
Middle/Junior High SchoolMartha B. King Middle
Minimum Lease1-7 Days
New ConstructionNo
Occupancy TypeVacant
Other StructuresShed(s)
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal, Other
STELLAR_InLawSuiteDescrip1 Bathroom, Attached, Kitchenette, Private Entrance, Studio
STELLAR_InLawSuiteYNYes
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBIMINI BAY COLONY CLUB
Tax Annual Amount3591
Tax Lot10
Tax Year2025
Total Rooms8
UtilitiesElectricity Connected, Public, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1984
ZoningR1
Exterior for 306 PALM AVENUE
Building Area Total1902
Exterior AmenitiesOther, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Foundation DetailsSlab
Lot Size Acres0.19
Lot Size Area8350
Number of Lots2
Parking FeaturesConverted Garage, Driveway, Ground Level
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Rebeca Lopez
Realtor®
