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306 PALM AVENUE

House For Sale
$1,525,000

BTC: 19.72833118

ETH: 622.70314414

-$170K (2026/08/07)
108 days
3 bds
3 ba
1,902 sqft

Overview

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!

Location

Florida • ANNA MARIA • 34216 • House • For Sale

Details

Type:
Residential
Parking:
Converted Garage / Driveway / Ground Level
Year Built:
1984
Lot:
0.19 Acres
Heating:
Central
Price/sqft:
$802
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,575,000
$590K – $2.3M
Confidence Low
List vs. estimate
$50K below estimate
List $1,525,000 · -3.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$801
-42.8% vs. city median $1,402
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,591
2025
All facts and features

  • Flooring

    • Carpet

    • Concrete

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Converted Garage

    • Driveway

    • Ground Level

    Property

    • Levels: One

    • Exterior Features: Other / Private Entrance / Private Mailbox / Private Yard / Sliding Doors / Storage

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 7058700001

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,591

  • Source details

    • MLS ID: A4693882

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Washer Hookup

    • Direction Faces: South

    • Other Structures: Shed(s)

    • Living Area: 1902

    • Water Source: Public

    • Subdivision Name: BIMINI BAY COLONY CLUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34216
69
median $3.0M
Active
Same city
ANNA MARIA
69
median $3.0M
Active
Same type
House
60
median $3.2M
Active
Similar price
$1.1M – $2.0M
18
median $1.8M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DUNCAN REAL ESTATE, INC.