306 PALM AVENUE

ANNA MARIA, FL 34216

Listing courtesy of DUNCAN REAL ESTATE, INC. · MLS# A4693882

$1,525,000

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Front Entrance

Property Details

Bedrooms

Bathrooms

Square Feet

1,902

MLS#

A4693882

Listed

May 16, 2026

Description

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!

Facts & Costs

Property type: Single Family Residence
Year built: 1984
Lot size: 8,350 sq ft
Price per sq ft: $802
Days on market: 137
Private pool: No
Waterfront: No
Community: Bimini Bay Colony Club Sub
Subdivision: BIMINI BAY COLONY CLUB
County: Manatee
Flood zone: AE

Monthly & yearly costs

Property taxes: $3,591 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Carpet, Concrete, Laminate
Roof: Metal
Construction: Block, Concrete, Stucco
Parking: Converted Garage, Driveway, Ground Level

Payment Estimate

$8,010 / month

Principal & interest: $7,711
Property taxes: $299
HOA: $0
Home insurance: enter below

Down payment (20%)$305,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Dishwasher
Range
Refrigerator
Washer
Ceiling Fans(s)
Living Room/Dining Room Combo
Walk-In Closet(s)
Other
Private Entrance
Private Mailbox
Private Yard
Sliding Doors
Storage

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:00 PM EDT. 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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