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306 Palm Ave

Anna Maria, FL 34216

Active

List price

$1,525,000Price cut

Listing courtesy of DUNCAN REAL ESTATE, INC., 941-779-0304 (Kasay Gunter)

MLS# A4693882 Status Active

Listing updated August 7, 2026

Bedrooms
3
Bathrooms
3
Sq ft
1,902
Year built
1984

About this home

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!

Facts

Home type
Single Family Residence
Year built
1984
Lot
0.19 acres
Stories
1
Annual taxes
$3,591
Subdivision
Bimini Bay Colony Club
County
Manatee

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