$3,500,000
242 Gladiolus Street
Anna Maria, FL 34216
Listing updated: May 27, 2026 at 3:06 PM ET
Listing courtesy of Fran Maxon Real Estate · Stephanie Bell · MLS #A4694474 · Active · 941-778-2307Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Named "A Wave From It All" by the sellers, this exceptional coastal property offers high-end finishes and a layout designed for seamless indoor/outdoor living. The outdoor pool area serves as a private tropical oasis, perfect for relaxation. The main residence features three bedrooms, each with a king bed and ensuite bathroom. The kitchen is equipped with a Sub-Zero refrigerator, a Wolf range and microwave, Bosch dishwasher and wine cooler. For ultimate privacy, the primary suite is accessed through a unique bookcase doorway. This home comes furnished and includes original artwork by renowned artists and a beautiful outdoor mural by Chad "Cheeta" Ruis. The property also includes a versatile casita featuring two Murphy beds, a half bath, an office area, a laundry room, and a convenient outdoor shower located just outside the half bath which includes both hot and cold water. A small storage garage is available on-site for bikes and beach gear. Located on the North end, the home is a short walk from Bean Point beaches, Bayfront Park, and the boutiques and dining on Pine Avenue. Additionally, the adjacent 10,600+ sq. ft. parcel at 240 Gladiolus is available for separate purchase. It is currently landscaped to enhance the estate and includes a large garage. Don't miss out on this unique opportunity and schedule your private showing today!
Local Insight
At $3.5M for a 1971 home on just 0.17 acres, you're paying premium island pricing for an older structure that will likely need significant updates—the per-square-foot cost is steep for the age and size, so the value here is really the waterfront location and pool rather than the house itself. Being in AE flood zone means mandatory flood insurance and potential elevation/structural requirements if you renovate, which is a real cost factor most buyers underestimate on Anna Maria Island. The in-law suite is a practical feature for the investment, but given the tight lot size and older bones, seriously budget for a full inspection and flood mitigation assessment before committing.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history4 days on market
- Status: ActiveMay 23, 2026
- Listed$3,500,000May 23, 2026
- Price increased$3,500,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 4
- Subdivision
- Luana Isles
- County
- Manatee
- Year built
- 1971
- Living area
- 2,020 sq ft
- Price/sq ft
- $1,733
- Lot size
- 7,575 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE
- Garage
- 1 spaces
- Pool
- Private pool
- Annual taxes
- $25,845 (2025)
- Parcel #
- 6890400002
- Zoning
- R1
- MLS #
- A4694474
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Range, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Interior features
- Ceiling Fans(s), Open Floorplan
- Laundry
- Laundry Room, Other
- Stories / Levels
- One
- Direction faces
- South
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
- Parking features
- Driveway
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Refer to City of Anna Maria Vacation Rental ordinance
Exterior & Construction
- Exterior features
- Lighting, Outdoor Shower
- Construction materials
- Block, Stucco
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Water access
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
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 |
|---|---|---|
| Living Room | First | 14x16 |
| Kitchen | First | 14x12 |
| Primary Bedroom | First | 13.5x12.7 |
| Bedroom 2 | First | 11.3x12.3 |
| Bedroom 3 | First | 11.3x12.3 |
| Studio | First | 12x15 |
| Office | First | 6x8.3 |
| Laundry | First | 6x6 |
Listing Details
- Listing date
- 2026-05-23
- On market date
- 2026-05-23
- Original list price
- $3,500,000
- Occupant type
- Owner
- MLS area
- 34216 - Anna Maria
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-23
- Tax legal description
- LOT 2 LESS PART OF LAND DESC DB 404 P 122, PUB REC MAN CO, FLA BLK A LUANA ISLES PI#68904.0000/2
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
West on Manatee Ave (SR 64) to Anna Maria Island. North on Gulf Drive to Pine Ave. Right (East) on Pine Ave to North Shore Dr. North (left) on North Shore Dr to Gladiolus St. Right on Gladiolus. 242 on 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 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.
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