- 3 beds
- 3 baths
- 2,019 sqft
306 Palm AvenueAnna Maria, FL, 34216
- Price per sqft
- $802
- Days on market
- 159
- Listed
- May 16
- Last reduction
- −$100,000
- Aug 7, 2026
About this property
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!
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 306 Palm Avenue
- City
- Anna Maria
- State
- FL
- ZIP code
- 34216
- Year built
- 1984
- New construction
- No
- Faces
- South
- Rooms
- 8
- Living area
- 1,902 sqft
- Total building area
- 1,902 sqft
- Levels
- One
Price & sale history
Asking price reduced by $170,000 (10%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #A4693882 | $1,525,000Change: −10%−$170,000 | −10%−$170,000 | |
| Listed for saleMLS #A4693882 | $1,695,000 | Not applicable |
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