306 Palm Avenue, FL

$1,695,000

306 Palm Avenue

Anna Maria, FL 34216

Active
3
Beds
3
Baths
1,902
Sq Ft
0.19
Acres
1984
Built
In-law suite$891/sqft
🏠Single Family Residence

Property type

🏗️1984

Year built

📐8,350 sqft

Lot size

📊$891

Price / sq ft

🏘️No HOA

HOA dues

📅11

Days on market

🌊AE

Flood zone

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!

Estimated monthly payment

Principal & interest$8,571
Property taxes$299
Home insurance (est.)$777

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 history11 days on market

  1. Status: Active
    May 16, 2026
  2. Listed$1,695,000
    May 16, 2026
  3. Price increased$1,695,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
11
Subdivision
Bimini Bay Colony Club
County
Manatee
Year built
1984
Living area
1,902 sq ft
Price/sq ft
$891
Lot size
8,350 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12081C0138F)
Annual taxes
$3,591 (2025)
Parcel #
7058700001
Zoning
R1
MLS #
A4693882

Interior Details

Bedrooms
3
Full bathrooms
3
Flooring
Carpet, Concrete, Laminate
Appliances
Dishwasher, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Laundry
Electric Dryer Hookup, Inside, Washer Hookup
Stories / Levels
One
Direction faces
South
In-law suite
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Parking features
Converted Garage, Driveway, Ground Level

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Min lease term
1-7 Days
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Construction materials
Block, Concrete, Stucco
Roof
Metal, Other
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Public, Sewer Connected, Water Connected

Schools

ElementaryAnna Maria ElementaryGreatSchools ↗
MiddleMartha B. King MiddleGreatSchools ↗
High SchoolAManatee HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

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

Listing Details

Listing date
2026-05-12
On market date
2026-05-16
Original list price
$1,695,000
Occupant type
Vacant
MLS area
34216 - Anna Maria
Listing AOR
Sarasota - Manatee
Status changed
2026-05-16
Tax legal description
LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1

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

Cross the manatee bridge onto Anna Maria Island. Stay straight on Manatee Ave and continue through Holmes Beach toward Anna Maria. Proceed North on Gulf Dr into the City of Anna Maria. Turn right on Palm Ave, the home 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 May 27, 2026 at 1:13 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