306 PALM AVE
ANNA MARIA, 34216
$1,525,000
 Active / For Sale / #A4693882
Logo
: 3
: 3
: 1902 sqft
: 0.19 ac

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!

GeneralGeneral

 Listing DetailsListing Details
A4693882
Active
$1,525,000
34216
ANNA MARIA
May 12, 2026
 Building & Lot DetailsBuilding & Lot Details
(RESI)Single Family Residence
1984
1,902 sqft
3
8
0.19 ac
7058700001
 SchoolsSchools
Manatee High
Martha B. King Middle
Anna Maria Elementary
 DetailsDetails
Dishwasher , Range , Refrigerator , Washer
No
Yes
3
Public Records
1902.00
No
No
18.02
Block , Concrete , Stucco
Central Air
Manatee
No
Anna Maria Elementary
No
Other , Private Entrance , Private Mailbox , Private Yard , Sliding Doors , Storage
No
AE
Carpet , Concrete , Laminate
Slab
Unfurnished
No
Central
Manatee High
Yes
Ceiling Fans(s) , Living Room/Dining Room Combo , Walk-In Closet(s)
Electric Dryer Hookup , Inside , Washer Hookup
No
One
Public Records
8350
34216 - Anna Maria
Martha B. King Middle
1-7 Days
Fee Simple
Converted Garage , Driveway , Ground Level
No
Asphalt
Metal , Other
Bimini Bay Colony Club Sub
No
Public Sewer
None
FL
10-14
LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1
0 to less than 1/4
75
Electricity Connected , Public , Sewer Connected , Water Connected
Public
R1

RoomsRooms

LevelLevel RoomRoom DimensionsDimensions
LevelLevelFirst  RoomRoomKitchen  DimensionsDimensions
LevelLevelFirst  RoomRoomPrimary Bedroom  DimensionsDimensions
LevelLevelFirst  RoomRoomPrimary Bathroom  DimensionsDimensions
LevelLevelFirst  RoomRoomBedroom 1  DimensionsDimensions
LevelLevelFirst  RoomRoomBathroom 1  DimensionsDimensions
LevelLevelFirst  RoomRoomBedroom 2  DimensionsDimensions
LevelLevelFirst  RoomRoomBathroom 2  DimensionsDimensions
LevelLevelFirst  RoomRoomLiving Room  DimensionsDimensions

Expenses and revenuesCost/Eval.

ExpensesExp.
$3,591 / 2025
$3,591
Assessm. RollAssessm. Roll

Information request

Mortgage Estimator

/ month
  0 Principal & Interest
$
$
%
Brokerage: DUNCAN REAL ESTATE, INC.
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