$1,525,000

306 Palm AveAnna Maria, FL 34216

  • 3 beds
  • 3 baths
  • 1,902 sqft
  • 0.19 acres
  • 177 days on market

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!

Virtual tour

Facts

Property type
Single Family Residence
Year built
1984
Lot size
8,350 sqft
Pool
No
Waterfront
No
Subdivision
BIMINI BAY COLONY CLUB
Community
Bimini Bay Colony Club Sub
County
Manatee
CDD
0
Annual taxes
$3,591 (2025)
Flood zone
AE
New construction
No
MLS #
A4693882

Features

Interior
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Appliances
Dishwasher, Range, Refrigerator, Washer
Flooring
Carpet, Concrete, Laminate
Heating
Central
Cooling
Central Air
Exterior
Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Parking
Converted Garage, Driveway, Ground Level
Construction
Block, Concrete, Stucco
Roof
Metal
Utilities
Electricity Connected, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Elementary school
Anna Maria Elementary
Middle school
Martha B. King Middle
High school
Manatee High

Location

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

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 7:14 PM EST.