Waterfront
Address
505 S Bay Boulevard, ANNA MARIA, FL
Price
$ 2,750,000
Property Attributes
  • MLS#TB8456067
  • TypeSingle Family
  • Listing Status Active
  • CountyManatee
  • CityANNA MARIA
  • AreaAnna Maria
  • NeighborhoodWELLS BAY HARBOR SEC A REP
  • Zip34216
  • StyleCoastal
  • Year Built2014
  • Taxes$ 35732
  • Price$ 2,750,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3202
  • Lot Size0.17 Acres
Data Source:
Stellar MLS
Property Description

Grandfathered to accommodate up to 12 guests—a rare and increasingly valuable advantage on Anna Maria Island—505 S Bay Boulevard offers an exceptional opportunity for investors seeking one of the island's highest-performing vacation rental properties. Unlike many homes subject to today's stricter occupancy regulations, this property retains its coveted higher occupancy allowance, creating significantly greater rental flexibility and income potential. The results speak for themselves: the property has already generated more than $163,000 in gross rental income by the end of June and is currently projected to exceed $210,000 in gross rental revenue by year-end, making this an incredible opportunity to own a luxury waterfront home with proven, substantial income-producing performance. Let the island breeze guide you home to 505 S Bay Boulevard, a waterfront haven where the world slows down and coastal living feels like poetry. Tucked along the tranquil north end of Anna Maria Island, this elevated five-bedroom, five-bath home invites you to experience a lifestyle wrapped in beauty, comfort, and pure island magic. Step inside and discover more than 3,200 square feet of thoughtfully designed living space, filled with natural light and framed by sweeping water views. The open-concept floor plan flows seamlessly, anchored by a gourmet kitchen featuring dual islands, high-end finishes, and a gas cooktop—perfect for everyday living and effortless entertaining. Multiple ensuite bedrooms, a versatile top-floor loft, and separate living areas provide privacy and flexibility for family, guests, or long-term stays. Four balconies extend the indoor living spaces outdoors, offering uninterrupted views of spectacular sunrises over the bay and peaceful evenings overlooking the water. Luxury amenities continue throughout the property, including a heated saltwater pool, private boat dock and lift on the canal, an eco-friendly rainwater cistern system, two tankless water heaters, an R38-rated metal roof with spray-foam insulated walls for exceptional energy efficiency, and a transferable 25-year termite warranty for added peace of mind. For boating enthusiasts, the home's 32 feet of saltwater canal frontage, deeded boat slip, and private lift provide direct access to the Intracoastal Waterway and the Gulf of Mexico. Durable coastal construction, impact-resistant features, and low-maintenance materials ensure lasting value while embracing the waterfront lifestyle. Beyond the home, Anna Maria Island offers one of Florida's most celebrated coastal experiences. A short stroll or bike ride leads to the charming boutiques, cafés, and galleries along Pine Avenue, while world-famous sugar-sand beaches and crystal-clear Gulf waters provide endless opportunities for boating, paddleboarding, fishing, shelling, and unforgettable sunsets. At 505 S Bay Boulevard, you're not simply purchasing a luxury waterfront residence—you're acquiring one of Anna Maria Island's rare investment opportunities, combining grandfathered high occupancy, exceptional proven rental performance, premier boating access, and the timeless island lifestyle that continues to make this one of Florida's most sought-after coastal destinations.

Price History
2/10/2026 Listed $3,195,000
3/11/2026 6$2,999,000
6/19/2026 8$2,750,000

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Public,Sewer Available,Sprinkler Meter,Sprinkler Recycled,Sprinkler Well,Street Lights,Water Available,Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer,Wine Refrigerator
Zoning R1
Garage Spaces 2
Patio/Porch Features Front Porch,Porch,Rear Porch
Architectural Style Coastal
Pool Features Gunite,Heated,In Ground,Salt Water
Construction Materials Block
Year Built 2014
View Pool,Trees/Woods,Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Saltwater
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name WELLS BAY HARBOR SEC A REP
Facing Direction East
Garage Y/N true
Total Rooms 10
Full Baths 5
Status Active
Directions On I-75, take Exit 220 for State Road 64 / Manatee Avenue toward Bradenton / Holmes Beach / Anna Maria Island. At the end of the exit, turn west onto State Road 64 (Manatee Ave W). Continue straight for about 10 miles on Manatee Avenue, heading toward the Gulf of Mexico. Cross the Anna Maria Island Bridge to enter the island. Continue on Manatee Ave until it ends at Gulf Drive. Turn right (north) onto Gulf Drive. Stay on Gulf Drive as it curves and continues north toward the City of Anna Maria. Turn right onto Magnolia Avenue. Turn right onto South Bay Boulevard. Continue along South Bay Blvd until you reach 505 S Bay Blvd — it will be on your right
City ANNA MARIA
Senior Community Y/N false
MLS Area 34216 - Anna Maria
Lot Size Units Square Feet
Lot Size Square Feet 7301
Carport Y/N false
Listing Terms Cash,Conventional,VA Loan
Land Lease Y/N false
Tax Annual Amount 35732
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Legal Description LOT 7 REPLAT OF LOTS 74 THRU 85 WELLS BAY HARBOR SEC A PI#69355.0000/6
Water View Gulf/Ocean - Partial,Gulf/Ocean to Bay
Water Access Type Canal - Saltwater
Minimum Lease 1 Week
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,Elevator,L Dining,Thermostat,Walk-In Closet(s),Window Treatments
Flooring Bamboo,Ceramic Tile,Porcelain Tile
Furnished Y/N Negotiable
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside,Laundry Room,Upper Level
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 5

Exterior Features

Exterior Amenities Balcony,French Doors,Lighting,Outdoor Shower,Rain Barrel/Cistern(s),Rain Gutters,Sidewalk,Sprinkler Metered,Storage
Vegetation Mature Landscaping
Parking Features Driveway,Garage Door Opener,Ground Level,Off Street,On Street,Parking Pad,Split Garage
Water Source Public
Lot Size Area 7301
Foundation Details Slab
Building Area Total 5435
Lot Size Acres 0.17
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 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
AVG $3.69M
$2.75M
Taxes
AVG $29,563
$35,732
Year Built
AVG 1994
2014

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