$4,999,999

107 Pine Avenue

Anna Maria, FL 34216

Active
6
Beds
4
Baths
2,748
Sq Ft
0.17
Acres
1968
Built
$1,820/sqft360° tour

About this home

For Investors looking to purchase property on the desirable north end of the Anna Maria Island, this unique and rare 4-unit apartment building is an exceptional investment opportunity. Welcome to Gulf Queen Apartments just 50 feet from the sugary sandy beaches of Anna Maria Island. Situated on nearly 7,400 sq ft lot, the property also presents future redevelopment potential—offering investors the flexibility to build new in this prime coastal location. This turnkey furnished, ground level 4-plex has two apartments with two bedrooms and one bathroom; and two apartments with one bedroom and one bath. Gulf Queen Apartments offers immediate income potential in one of Florida’s most sought-after beach markets. The units showcase polished terrazzo flooring, open-concept living and kitchen areas, and tasteful coastal décor. Recent upgrades include renovated kitchens with granite countertops, updated bathrooms, and new furnishings throughout—creating an inviting, guest-ready environment. The 2-bedroom units comfortably accommodate up to four guests, making the property ideal for group bookings such as family vacations, reunions, or wedding parties. Anna Maria is known as a desirable wedding destination. The entire building can be rented out to accommodate wedding guests or other family gathering venues, or each unit can be rented individually. The property also has two golf cart charging stations to accommodate guests who want to tour the island in their rented golf cart. The property is located next door to the Sand Bar Restaurant which hosts many wedding guests from around the world each year. The property is also located on famous Pine Avenue, a street that runs from Tampa Bay to the Gulf of Mexico. The property's 107 Pine Avenue address is walkable to numerous shops and restaurants that stretch from the Bay to the Gulf. The location is unmatched—just steps to the beach, as well as the vibrant shops and dining along Pine Avenue, and convenient access to the free island trolley. Guests can easily stroll or bike to Bean Point, or enjoy nearby favorites like The Waterfront Restaurant and The Sandbar Restaurant. Whether you’re seeking a vacation rental portfolio or a redevelopment opportunity in a premier beach destination, Gulf Queen Apartments delivers value, location, and income potential. Vacation Rental bookings available upon request. Call for a private viewing of this unique property today.

Estimated monthly payment

$29,384/mo

Principal & interest$25,283
Property taxes$1,810
Home insurance (est.)$2,292

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 history17 days on market

  1. Status: Active
    Apr 10, 2026
  2. Listed$4,999,999
    Apr 10, 2026
  3. Price increased$4,999,999

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
17
Subdivision
Anna Maria Beach
County
Manatee
Year built
1968
Living area
2,748 sq ft
Price/sq ft
$1,820
Building area
3,068 sq ft (Public Records)
Lot size
7,396 sq ft
Lot category
0 to less than 1/4
Flood zone
AE
Annual taxes
$21,717 (2025)
Parcel #
7032200003
Zoning
C1
MLS #
A4688961

Interior Details

Bedrooms
6
Flooring
Tile
Appliances
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments
Laundry
Common Area, Inside
Stories / Levels
One

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Parking features
Guest, Reserved

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Please refer to the City of Anna Maria for leasing rules and regulations.

Exterior & Construction

Exterior features
Courtyard
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected

Listing Details

Listing date
2026-04-04
On market date
2026-04-10
Original list price
$4,999,999
Occupant type
Tenant
MLS area
34216 - Anna Maria
Listing AOR
Sarasota - Manatee
Status changed
2026-04-10
Tax legal description
LOT 11 BLK 34 ANNA MARIA BEACH PI#70322.0000/3

Location

Flood zone
AE

Directions

West on SR 64, right on Gulf Drive. Left on Pine Avenue.

More homes like this

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 27, 2026 at 6:10 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