111 Palmetto Avenue, FL
Stellar MLS

$5,125,000

111 Palmetto Avenue

Anna Maria, FL 34216

Listing updated: April 12, 2026 at 3:06 PM ET

Active
4
Beds
5
Baths
2,677
Sq Ft
0.12
Acres
2025
Built
Water viewPrivate poolNew constructionFireplace3-car garage$1,914/sqft360° tour
Single Family Residence

Property type

2025

Year built

5,500 sqft

Lot size

$1,914

Price / sq ft

No HOA

HOA dues

52

Days on market

3

Garage spaces

AE

Flood zone

About this home

Experience elevated island living in this exceptional brand-new custom four bedroom four and a half bath coastal retreat by Eason Builders Group Construction, ideally positioned west of Gulf Drive on Anna Maria Island just moments from the sugar-white sands and turquoise waters of the Gulf. Thoughtfully designed to capture both refined personal enjoyment and outstanding vacation rental performance, this architecturally striking residence blends sophisticated design, superior craftsmanship, and effortless indoor-outdoor living in one of the island’s most coveted locations. From the moment you enter, soaring ceilings with rich wood detail and expansive walls of impact-rated glass create a dramatic yet relaxed coastal ambiance filled with natural light. The open-concept floor plan is ideal for entertaining, seamlessly connecting the main living areas while maintaining an intimate, luxurious feel. The chef’s kitchen serves as the heart of the home, featuring an oversized quartz island with ample seating, custom cabinetry, premium appliances, designer lighting, and abundant storage. The kitchen flows effortlessly into the spacious great room, highlighted by a sleek modern fireplace and dramatic sliding glass doors that open to covered terraces, creating the ultimate setting for indoor-outdoor gatherings. The private elevator offers convenience & accessibility. Step outside to your private resort-style backyard oasis where a stunning heated pool with elevated spa takes center stage. Generous covered lounge areas, outdoor dining space, and lush tropical landscaping provide both privacy and year-round enjoyment, offering owners & guests a true boutique resort experience. Whether hosting sunset cocktails or enjoying a quiet afternoon poolside, this outdoor environment is designed for relaxation and entertainment. Each beautifully appointed bedroom offers a tranquil retreat, while spa-inspired bathrooms elevate daily living with freestanding soaking tubs, glass-enclosed showers, dual vanities, & upscale designer finishes. A thoughtfully designed custom bunk room enhances flexibility & maximizes short-term rental occupancy, making the home especially appealing for larger groups & multi-generational stays. Crowning the residence is an expansive rooftop deck delivering sweeping Gulf views. This spectacular vantage point creates an unforgettable setting for sunset gatherings, morning coffee, or evening stargazing—one of the most desirable features for both homeowners & vacation guests alike. Beyond the property itself, embrace the quintessential island lifestyle. Leave the car behind & explore by golf cart or bicycle, cruising to the charming boutiques, art galleries, & acclaimed restaurants along Pine Avenue. Enjoy morning beach walks, afternoons on the water, and evenings filled with breathtaking Gulf sunsets just steps from your door. Built with impact windows and doors, high-end designer finishes, and meticulous attention to detail throughout, this residence offers both peace of mind and enduring quality. With projected annual rental revenue of approximately $400,000, the home presents a compelling investment opportunity while delivering an unparalleled luxury lifestyle. Combining prime west-of-Gulf Drive positioning, exceptional craftsmanship, resort-style amenities, and strong income potential, this remarkable property represents the very best of Anna Maria Island living.

Estimated monthly payment

Principal & interest$25,915
Property taxes$1,358
Home insurance (est.)$2,349

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history52 days on market

  1. Status: Active
    Feb 19, 2026
  2. Listed$5,250,000
    Feb 19, 2026
  3. Price reduced$5,125,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
52
Subdivision
Anna Maria Beach
County
Manatee
Year built
2025
Living area
2,677 sq ft
Price/sq ft
$1,914
Building area
4,778 sq ft (Owner)
Lot size
5,500 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12081C0138F)
Garage
3 spaces
Pool
Private pool
Annual taxes
$16,293 (2025)
Parcel #
7026200059
Zoning
R2
MLS #
A4682245

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Interior Details

Bedrooms
4
Full bathrooms
4
Half bathrooms
1
Flooring
Tile
Appliances
Cooktop, Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator
Interior features
Ceiling Fans(s), Eat-in Kitchen, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
Northwest
Fireplace
Yes
New construction
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
3
Attached garage
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See City of Anna Maria for lease restrictions.

Exterior & Construction

Exterior features
Balcony, Lighting, Sliding Doors
Construction materials
Block, Cement Siding
Roof
Other
Foundation
Slab
Pool
Private pool
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Available, Public, Sewer Available, Water Available

Room Details

RoomLevelDimensions
KitchenFirst
Living RoomFirst
Primary BedroomFirst
Primary BathroomFirst
Bedroom 1First
Bedroom 2First
Bedroom 3First

Listing Details

Listing date
2026-02-19
On market date
2026-02-19
Original list price
$5,250,000
Occupant type
Tenant
MLS area
34216 - Anna Maria
Listing AOR
Sarasota - Manatee
Status changed
2026-02-19
Tax legal description
LOT 11 BLK 30 ANNA MARIA BEACH PI#70262.0005/9

Flood risk

High riskFEMA Zone AEPanel 12081C0138F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Head West on Manatee Ave W. Turn right onto Gulf Dr. Turn right onto Marina Dr. Marina Dr will turn into Palm Dr and then Gulf Dr. Continue on Gulf Dr and turn left onto Palmetto Ave. Destination will be on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of April 12, 2026 at 3:06 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA