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306 PALM AVENUE, Residential – A4693882

$1,695,000

3

Beds

3

Baths

1,902 ft2

Property Size

A4693882

MLS ID#
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About The Property

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!

Listing updated: May 27, 2026 at 05:12pm

Listed by Realtor: Kasay Gunter

Listed by office:  DUNCAN REAL ESTATE, INC.

Source: Stellar MLS

Property Details

Listing Id: A4693882
Price: $1,695,000
Property Size: 1,902 ft2
Property Lot Size: 0 ft2
Rooms: 8
Bedrooms: 3
Bathrooms: 3
BathroomsFull: 3
BuildingAreaTotal: 1902
ConstructionMaterials: Block, Concrete, Stucco
ContractStatusChangeDate: 2026-05-16
Cooling: Central Air
CumulativeDaysOnMarket: 11
DaysOnMarket: 11
DirectionFaces: South
Directions: Cross the manatee bridge onto Anna Maria Island. Stay straight on Manatee Ave and continue through Holmes Beach toward Anna Maria. Proceed North on Gulf Dr into the City of Anna Maria. Turn right on Palm Ave, the home will be on the left.
ElementarySchool: Anna Maria Elementary
Flooring: Carpet, Concrete, Laminate
FoundationDetails: Slab
Furnished: Unfurnished
Heating: Central
HighSchool: Manatee High
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
LaundryFeatures: Electric Dryer Hookup, Inside, Washer Hookup
Levels: One
List Agent AOR: Sarasota - Manatee
List Agent Name: Kasay Gunter
List Office Name: DUNCAN REAL ESTATE, INC.
List Office Phone: 941-779-0304
ListingContractDate: 2026-05-12
ListingTerms: Cash, Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 8350
LotSizeSquareFeet: 8350
LotSizeUnits: Square Feet
MLSAreaMajor: 34216 - Anna Maria
MiddleOrJuniorSchool: Martha B. King Middle
MlsStatus: Active
ModificationTimestamp: May 27, 2026 at 05:12pm
OnMarketDate: 2026-05-16
OriginalEntryTimestamp: May 16, 2026 at 01:24pm
OriginalListPrice: 1695000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
OtherStructures: Shed(s)
Ownership: Fee Simple
ParcelNumber: 7058700001
ParkingFeatures: Converted Garage, Driveway, Ground Level
PhotosChangeTimestamp: May 16, 2026 at 01:28pm
PhotosCount: 63
PostalCode: 34216
RoadSurfaceType: Asphalt
Roof: Metal, Other
Sewer: Public Sewer
SourceSystemKey: 790789066
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: May 16, 2026 at 01:24pm
StreetName: PALM
StreetNumber: 306
StreetNumberNumeric: 306
StreetSuffix: AVENUE
TaxAnnualAmount: 3591
TaxBookNumber: 10-14
TaxLegalDescription: LOT 10, BIMINI BAY COLONY CLUB SUB PI#70587.0000/1
TaxLot: 10
TaxYear: 2025
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
WaterSource: Public
YearBuilt: 1984
Zoning: R1

Amenities and Features

Other Features
1
Ceiling Fan(s)
Dishwasher
Has Cooling System
Has Heating System
Living Room/Dining Room Combo
Open Parking
Other
Private Entrance
Private Mailbox
Private Yard
Range
Refrigerator
Sliding Doors
storage
Walk-In Closet(s)
Washer

Map Location

Property Map

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$8,690.60
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 6,571.85

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Disclaimer

MLS # ID - A4693882

Listing information provided through the IDX program is deemed reliable but is not guaranteed accurate by Stellar MLS or the listing broker. All data is subject to errors, omissions, changes in price, prior sale, or withdrawal without notice.

The information displayed is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. All measurements, square footage, and property details are approximate and should be independently verified.

Listings marked with the IDX logo are provided courtesy of Stellar MLS. © Stellar MLS. All rights reserved.

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306 PALM AVENUE, Residential – A4693882

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Carlos Dobarro