$1,695,000
306 Palm Avenue
Anna Maria, FL 34216
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveMay 16, 2026
- Listed$1,695,000May 16, 2026
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Bedroom 1 | First | |
| Bathroom 1 | First | |
| Bedroom 2 | First | |
| Bathroom 2 | First | |
| Living Room | First |
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
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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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.
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