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!
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!
Property Details
Price:
$1,625,000
MLS #:
A4693882
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BIMINI BAY COLONY CLUB
Neighborhood:
34216annamaria
Listed Date:
May 16, 2026
Finished Sq Ft:
1,902
Total Sq Ft:
1,902
Lot Size:
8,350 sqft / 0.19 acres (approx)
Year Built:
1984
See this Listing
Schools
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Manatee High
Interior
Appliances
Dishwasher, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Concrete, Laminate
Heating
Central
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Walk-In Closet(s)
Laundry Features
Electric Dryer Hookup, Inside, Washer Hookup
Levels
One
Exterior
Construction Materials
Block, Concrete, Stucco
Direction Faces
South
Exterior Features
Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Converted Garage, Driveway, Ground Level
Roof
Metal, Other
Financial
Tax Year
2025
Taxes
$3,591
Map
Community
- Address306 PALM AVENUE ANNA MARIA FL
- SubdivisionBIMINI BAY COLONY CLUB
- CityANNA MARIA
- CountyManatee
- Zip Code34216
Subdivisions in ANNA MARIA
- 7044700; BIMINI BAY ESTATES; LOT 61; PB 8/75
- 7044700; BIMINI BAY ESTATES; LOT 62; PB 8/75
- 7074800; 302 COCONUT AVENUE; LOT 1; PB 0070/0185
- ANNA MARIA
- ANNA MARIA BEACH
- ANNA MARIA BEACH COTTAGES
- ANNA MARIA BEACH FIRST ADD
- ANNA MARIA BEACH SECOND ADD
- ANNA MARIA BEACH SUB FIRST ADD
- BAY HARBOR
- BAYOU
- BAYVIEW COMM PLAZA
- BIMINI BAY COLONY CLUB
- BIMINI BAY ESTATES
- COCONUT BAYOU
- GOOD LIFE SUB
- GULF VIEW SUB
- GULF VIEW SUB OF ANNA MARIA KEY
- ISLAND CEDARS
- LACIOS SEC B
- LAGUNA MARIA REV
- LAKE LA VISTA
- LAKE LA VISTA REP
- LAKE LA VISTA SUB, REP OF
- LARDAS UNIT THREE
- LUANA ISLES
- LUANA ISLES 1ST ADD
- MARQUIS
- PINE AVE 216-218
- SHORE ACRES
- SHORE ACRES 1ST ADD
- SHORE ACRES ADD 04
- SHORE ACRES FIRST ADD
- SHORE ACRES FIRST ADDITION
- SHORE ACRES FOURTH ADD
- SHORE ACRES RESUBDIVIDED
- SHORE ACRES SECOND ADD
- SHORE ACRES THIRD ADD
- SOUTH BAY BLVD
- SUNSET COVE
- THE ARROYO
- VILLA ROSA
- WELLS
- WELLS BAY HARBOR SEC A
- WELLS BAY HARBOR SEC A REP
- WELLS TERRACE
Market Summary
Current real estate data for Single Family in ANNA MARIA as of Aug 01, 2026
73
Single Family Listed
200
Avg DOM
1,492
Avg $ / SqFt
$3,925,434
Avg List Price
Property Summary
- Located in the BIMINI BAY COLONY CLUB subdivision, 306 PALM AVENUE ANNA MARIA FL is a Single Family for sale in ANNA MARIA, FL, 34216. It is listed for $1,625,000 and features 3 beds, 3 baths, and has approximately 1,902 square feet of living space, and was originally constructed in 1984. The current price per square foot is $854. The average price per square foot for Single Family listings in ANNA MARIA is $1,492. The average listing price for Single Family in ANNA MARIA is $3,925,434. To schedule a showing of MLS#a4693882 at 306 PALM AVENUE in ANNA MARIA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of DUNCAN REAL ESTATE, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 306 PALM AVENUE
ANNA MARIA, FL