306 PALM AVE, Anna Maria, FL 34216
306 PALM AVE, Anna Maria, FL 34216
306 PALM AVE, Anna Maria, FL 34216
306 PALM AVE, Anna Maria, FL 34216
306 PALM AVE, Anna Maria, FL 34216
306 PALM AVE, Anna Maria, FL 34216
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Heroel & Monica Cuervo -The Cuervo Team

Heroel & Monica Cuervo -The Cuervo Team

+1(407) 701-3095
$ 1,695,000
Est. payment | /mo

3 Beds

3 Baths

1,902 SqFt


$ 1,695,000
Est. payment | /mo

3 Beds

3 Baths

1,902 SqFt

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

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!

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

Stellar MLS
Listed by Kasay Gunter DUNCAN REAL ESTATE, INC.

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306 PALM AVE