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Active Residential

306 PALM AVENUE

Anna Maria, FL 34216

STELLAR #A4693882 Updated: May 27, 2026, 3:53pm
$1,695,000
3 Beds • 3 Baths • 1,902 SqFt
Property
ActiveResidential
1/60
$1,695,000

306 PALM AVENUE

Anna Maria, FL 34216
3
Beds
3
Baths
1,902
SqFt
0.19
Acres
STELLAR
#A4693882
Updated: May 27, 2026, 3:53pm

Property 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!
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Included Appliances
DishwasherRangeRefrigeratorWasher

Property Details

Interior
Appliances
DishwasherRangeRefrigeratorWasher
Bathrooms Total Decimal
3
Building Area Total
1902
Cooling
Central Air
Flooring
CarpetConcreteLaminate
Furnished
Unfurnished
Heating
Central
Interior Features
Ceiling Fan(s)Living Room/Dining Room ComboWalk-In Closet(s)
Laundry Features
Electric Dryer HookupInsideWasher Hookup
Living Area
1902
Rooms Total
8
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockConcreteStucco
Direction Faces
South
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
MetalOther
Year Built
1984
Site & Exterior
Exterior Features
OtherPrivate EntrancePrivate MailboxPrivate YardSliding DoorsStorage
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.19
Lot Size Area
8350
Lot Size Square Feet
8350
Lot Size Units
Square Feet
Number Of Lots
2
Number Of Wells
Yes
Open Parking
Yes
Other Structures
Shed(s)
Parking Features
Converted GarageDrivewayGround Level
Public Survey Range
16
Public Survey Section
18
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedPublicSewer ConnectedWater Connected
Water Source
Public
Zoning
R1
Financials
Additional Parcels
Yes
Additional Parcels Description
70102.0000/9
Calculated List Price By Calculated Sq Ft
891.17
Contract Status Change Date
2026-05-16
Current Price
1695000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1-7 Days
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
7058700001
Public Survey Township
34
Tax Annual Amount
3591
Tax Book Number
10-14
Tax Legal Description
LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1
Tax Lot
10
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34216 - Anna Maria
S W Subdiv Community Name
Bimini Bay Colony Club Sub
Subdivision Name
BIMINI BAY COLONY CLUB
Schools
Ratings
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Manatee High
Listing provided courtesy of STELLAR via IDX. Updated: May 27, 2026, 3:53pm.
Kasay Gunter

Listing Agent

DUNCAN REAL ESTATE, INC.

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