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306 Palm Avenue

ANNA MARIA, FL 34216
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Bed 3

Bed

Bath 3

Bath

SqFt1,902

Sqft

Acres0.19

Acre(Lot)

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 ren tal 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!

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Detail Ic Property Details

Property Type : Residential

Price : $1,695,000

AD Id : 78794123

MLS Id : MFRA4693882

Beds : 3

Lot Size : 0.19 Acre

Living Area Size : 1,902

Year Built : 1984

County : Manatee

Subdivision: Bimini Bay Colony Club

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s) Roof: Metal, Other Appliances: Dishwasher, Range, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup

    Roofing Information

    Metal, Other
  • Flooring Information

    Flooring: Carpet, Concrete, Laminate Construction Materials: Block, Concrete, Stucco
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1984
  • Exterior Features

    Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage Construction Materials: Block, Concrete, Stucco Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 8350 Lot Acres: 0.19 Lot Size (SqMt): 776

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$1695000

  • Tax Information

    Tax Book Number: 10-14 Tax Lot: 10 Tax Legal Description: LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1 Annual Tax: $3591 Tax Year: 2025 Parcel Number: 7058700001

  • School Information

    Elementary School: Anna Maria Elementary Junior High School: Martha B. King Middle Senior High School: Manatee High
  • Utility Information

    Electricity Connected, Public, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: BIMINI BAY COLONY CLUB City: ANNA MARIA Direction: Cross 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
526 Seagull Way, Anna Maria, FL, 34216 $3,495,000 4 5 2,707 2,707 SqFt
517 Kumquat Drive, Anna Maria, FL, 34216 $2,499,900 4 4 2,826 2,826 SqFt
505 S Bay Boulevard, Anna Maria, FL, 34216 $2,999,000 5 5 3,202 3,202 SqFt
103 Sunset Lane, Anna Maria, FL, 34216 $2,395,000 3 3 2,800 2,800 SqFt
519 Villa Rosa Way, Anna Maria, FL, 34216 $5,000,000 4 5 3,385 3,385 SqFt
103 Park Avenue, Anna Maria, FL, 34216 $5,450,000 5 5 4,540 4,540 SqFt
120 Maple Avenue, Anna Maria, FL, 34216 $1,475,000 3 2 1,506 1,506 SqFt
303 S Bay Boulevard, Anna Maria, FL, 34216 $4,490,000 5 4 2,657 2,657 SqFt
212 Oak Avenue, Anna Maria, FL, 34216 $3,950,000 5 5 3,844 3,844 SqFt
513 Villa Rosa Way, Anna Maria, FL, 34216 $7,500,000 4 6 3,778 3,778 SqFt
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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: MFRMLS #A4693882 LISTED BY: Kasay Gunter, DUNCAN REAL ESTATE, INC. 941-779-0304 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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