76 SHORE DRIVE

Property Details

Description

An income-producing opportunity in the heart of Anna Maria Island. This 4-bedroom, 4-bathroom duplex sits on coveted North Shore — steps from the boutiques, cafés, and galleries of Pine Avenue and minutes from the Gulf's world-famous sugar-white beaches. Blue Lagoon operates as a vacation rental with a proven track record, a loyal returning guest base, and confirmed reservations already booked into 2027. The property features a large heated pool, private outdoor entertaining areas in-unit washers/dryers, and an on-site EV charger. The duplex can be rented as two separate units or opened via an interior connecting door to accommodate larger groups, maximizing both flexibility and revenue potential year-round. Bert Harris Agreement — A Significant Asset This property benefits from a Bert Harris Private Property Rights Agreement with the City of Anna Maria. When the city enacted its vacation rental ordinance limiting all short-term rentals to a maximum occupancy of 8 guests regardless of home size, many property owners successfully filed claims under Florida's Bert J. Harris Jr. Private Property Rights Protection Act, a state law that protects owners when a local government action reduces the value of their property. Through a negotiated settlement, this property secured the right to host up to 12 guests, well above the city's standard cap. This agreement transfers with the property and represents a meaningful competitive and financial advantage that cannot easily be replicated by new purchasers today. A true turnkey investment in one of Florida's most sought-after island destinations.

Facts & Costs

Property type

Duplex

Net income

$165,000 / year

Zoning

R1

Year built

1972

Lot size

8,320 sq ft

Price per sq ft

$1,236

Days on market

61

Private pool

Yes

Waterfront

No

Community

Bimini Bay Colony Club Sub

Subdivision

BIMINI BAY COLONY CLUB

County

Manatee

Flood zone

AE

Monthly & yearly costs

Property taxes

$14,675 / year (2025)

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

Construction & systems

Heating

Electric, Exhaust Fan

Cooling

Central Air

Roof

Metal

Construction

Block, Stucco

Payment Estimate

$10,072 / month

Principal & interest

$8,849

Property taxes

$1,223

HOA

$0

Home insurance

enter below

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

• Living Room/Dining Room Combo
• Primary Bedroom Main Floor
• Solid Surface Counters
• Thermostat
• Window Treatments
• Outdoor Grill
• Private Entrance
• Gunite
• Heated
• In Ground