Price Reduction
Address
306 Palm Avenue, ANNA MARIA, FL
Price
$ 1,525,000
Property Attributes
- MLS#A4693882
- TypeSingle Family
- Listing Status Active
- CountyManatee
- CityANNA MARIA
- AreaAnna Maria
- NeighborhoodBIMINI BAY COLONY CLUB
- Zip34216
- StyleSingle Family Residence
- Year Built1984
- Taxes$ 3591
- Price$ 1,525,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1902
- Lot Size0.19 Acres
Data 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!
| Elementary School | Middle School | High School |
|---|---|---|
| Anna Maria Elementary Elementary School | Martha B. King Middle Middle School | Manatee High High School |
| Price History | |
|---|---|
| 5/16/2026 | Listed $1,695,000 |
| 7/10/2026 | 4$1,625,000 |
| 8/7/2026 | 6$1,525,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,Public,Sewer Connected,Water Connected |
| Roof | Metal,Other |
| Appliances | Dishwasher,Range,Refrigerator,Washer |
| Zoning | R1 |
| Construction Materials | Block,Concrete,Stucco |
| Year Built | 1984 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Additional Parcels Description | 70102.0000/9 |
| County | Manatee |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | BIMINI BAY COLONY CLUB |
| Facing Direction | South |
| Garage Y/N | false |
| Other Structures | Shed(s) |
| Total Rooms | 8 |
| Full Baths | 3 |
| Status | Active |
| Directions | 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. |
| High School | Manatee High |
| City | ANNA MARIA |
| Senior Community Y/N | false |
| MLS Area | 34216 - Anna Maria |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8350 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Elementary School | Anna Maria Elementary |
| Land Lease Y/N | false |
| Tax Annual Amount | 3591 |
| Middle/Junior High School | Martha B. King Middle |
| Additional Parcels Y/N | true |
| Lease Considered Y/N | true |
| Virtual Tour | https://youtu.be/yt0_Q2f0Of4 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 10 |
| Legal Description | LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1 |
| Minimum Lease | 1-7 Days |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | AE |
| In Law Suite YN | true |
| In Law Suite Description | 1 Bathroom,Attached,Kitchenette,Private Entrance,Studio |
Interior Features
| Interior Amenities | Ceiling Fan(s),Living Room/Dining Room Combo,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Concrete,Laminate |
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Electric Dryer Hookup,Inside,Washer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Other,Private Entrance,Private Mailbox,Private Yard,Sliding Doors,Storage |
|---|---|
| Parking Features | Converted Garage,Driveway,Ground Level |
| Water Source | Public |
| Lot Size Area | 8350 |
| Foundation Details | Slab |
| Building Area Total | 1902 |
| Lot Size Acres | 0.19 |
| Road Surface Type | Asphalt |
| Private Pool | false |
| Waterfront Y/N | false |
| Number of Lots | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34216
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on August 22, 2026 8:32 PM UTC
