306 PALM AVE, ANNA MARIA, FL, 34216
$1,695,000
Residential
|
Bedrooms
3
|
Bathrooms
3
|
Living Area
1,902 Sqft
|
Lot Size
8,350 Sqft
|
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 Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4693882 | Year Built: | 1984 | |
| Appliances: | Dishwasher, Range, Refrigerator, Washer | Construction Materials: | Block, Concrete, Stucco | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Manatee | Direction Faces: | South | |
| Exterior Features: | Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage | Flooring: | Carpet, Concrete, Laminate | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central | Laundry Features: | Electric Dryer Hookup, Inside, Washer Hookup | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Occupant Type: | Vacant | |
| Other Equipment: | Private Entrance, Private Yard | Other Structures: | Shed(s) | |
| Parking Features: | Converted Garage, Driveway, Ground Level | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Surface Type: | Asphalt | |
| Roof: | Metal, Other | Sewer: | Public Sewer | |
| Showing Requirements: | Supra Lock Box | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Connected, Public, Sewer Connected, Water Connected | Water Source: | Public | |
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | Primary Bedroom: | |||
| Primary Bathroom: | Bedroom 1: | |||
| Bathroom 1: | Bedroom 2: | |||
| Bathroom 2: | Living Room: | |||
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