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505 S BAY BOULEVARD

House For Sale
$2,750,000

BTC: 45.52980132

ETH: 1,724.47309508

-$445K (2026/06/19)
195 days
Waterfront
5 bds
5 ba
3,202 sqft

Overview

Grandfathered to accommodate up to 12 guests—a rare and increasingly valuable advantage on Anna Maria Island—505 S Bay Boulevard offers an exceptional opportunity for investors seeking one of the island's highest-performing vacation rental properties. Unlike many homes subject to today's stricter occupancy regulations, this property retains its coveted higher occupancy allowance, creating significantly greater rental flexibility and income potential. The results speak for themselves: the property has already generated more than $163,000 in gross rental income by the end of June and is currently projected to exceed $210,000 in gross rental revenue by year-end, making this an incredible opportunity to own a luxury waterfront home with proven, substantial income-producing performance. Let the island breeze guide you home to 505 S Bay Boulevard, a waterfront haven where the world slows down and coastal living feels like poetry. Tucked along the tranquil north end of Anna Maria Island, this elevated five-bedroom, five-bath home invites you to experience a lifestyle wrapped in beauty, comfort, and pure island magic. Step inside and discover more than 3,200 square feet of thoughtfully designed living space, filled with natural light and framed by sweeping water views. The open-concept floor plan flows seamlessly, anchored by a gourmet kitchen featuring dual islands, high-end finishes, and a gas cooktop—perfect for everyday living and effortless entertaining. Multiple ensuite bedrooms, a versatile top-floor loft, and separate living areas provide privacy and flexibility for family, guests, or long-term stays. Four balconies extend the indoor living spaces outdoors, offering uninterrupted views of spectacular sunrises over the bay and peaceful evenings overlooking the water. Luxury amenities continue throughout the property, including a heated saltwater pool, private boat dock and lift on the canal, an eco-friendly rainwater cistern system, two tankless water heaters, an R38-rated metal roof with spray-foam insulated walls for exceptional energy efficiency, and a transferable 25-year termite warranty for added peace of mind. For boating enthusiasts, the home's 32 feet of saltwater canal frontage, deeded boat slip, and private lift provide direct access to the Intracoastal Waterway and the Gulf of Mexico. Durable coastal construction, impact-resistant features, and low-maintenance materials ensure lasting value while embracing the waterfront lifestyle. Beyond the home, Anna Maria Island offers one of Florida's most celebrated coastal experiences. A short stroll or bike ride leads to the charming boutiques, cafés, and galleries along Pine Avenue, while world-famous sugar-sand beaches and crystal-clear Gulf waters provide endless opportunities for boating, paddleboarding, fishing, shelling, and unforgettable sunsets. At 505 S Bay Boulevard, you're not simply purchasing a luxury waterfront residence—you're acquiring one of Anna Maria Island's rare investment opportunities, combining grandfathered high occupancy, exceptional proven rental performance, premier boating access, and the timeless island lifestyle that continues to make this one of Florida's most sought-after coastal destinations.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Ground Level / Off Street / On Street / Parking Pad / Split Garage
Year Built:
2014
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$859
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$35,732
2025
Pool
Gunite
View
Pool, Trees/Woods
Waterfront
Canal - Saltwater
Garage
2 car garage
Furnished
Negotiable
All facts and features
  • Flooring

    • Bamboo

    • Ceramic Tile

    • Porcelain Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Range

    • Range Hood

    • Refrigerator

    • Tankless Water Heater

    • Washer

    • Wine Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Elevator

    • L Dining

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 5

  • Parking

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Off Street

    • On Street

    • Parking Pad

    • Split Garage

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / French Doors / Lighting / Outdoor Shower / Rain Barrel/Cistern(s) / Rain Gutters / Sidewalk / Sprinkler Metered / Storage

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 6935500006

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Natural Gas Available

    • Public

    • Sewer Available

    • Sprinkler Meter

    • Sprinkler Recycled

    • Sprinkler Well

    • Street Lights

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $35,732

  • Source details

    • MLS ID: TB8456067

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room / Upper Level

    • Patio And Porch Features: Front Porch / Porch / Rear Porch

    • Pool Features: Gunite / Heated / In Ground / Salt Water

    • Direction Faces: East

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3202

    • Water Source: Public

    • Subdivision Name: WELLS BAY HARBOR SEC A REP

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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: KELLER WILLIAMS SOUTH TAMPA