306 PALM AVENUE at

306 PALM AVENUE

For sale Days on market 83

$1,525,000

$802/sq ft

$170,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1984

Sqft

1902

Property Type

Single Family Residence

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!

Property Details

MLS#

A4693882

Address

306 PALM

City

ANNA MARIA

State/county

Zip/Postal Code

34216

Area

Bimini Bay Colony Club

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,591

Maint Fee

$--

Tax Year

2025

Dishwasher

Range

Refrigerator

Washer

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