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Sold for $791,400
  • $791,400

    118 PALMETTO AVENUE, ANNA MARIA, FL 34216

    2beds
    707sqft
    Single Family Residence
    Built in 1925
    2,400 Square Feet Lot
    $788,500 Zestimate®
    $1,119/sqft
    $2,235 Estimated rent

    Home value

    $788,500

    $710,000 - $883,000

    $2,235/mo

    Zestimate® history
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    What's special

    Crystal clear waterMultiple built-insComposite deck areaTropical landscaping
    Welcome to “The Seashell Cottage”, an enchanting vintage gem located in the city of Anna Maria. Step back in time and experience island life like it used to be in this cozy and charming retreat. The sound of the screen door closing behind you will immediately invoke memories from days gone by. Desirable West of Gulf Drive location, a mere 6 houses from the beach. Stroll to the end of the street and put your toes in the sugar sand. Crystal clear water beckons you and you’ll relish the colorful sunsets. This property is currently a vacation rental with projected revenue of over $70,000 for 2023, making it an enticing investment opportunity. The turnkey furnished interior is adorned with woodwork details, multiple built-ins and exudes coastal charm. The exterior features updated hardy siding, Bahama style shutters, and roof was replaced in 2013. The yard is fenced for privacy, and tropical landscaping compliments the outdoor space. The composite deck area is perfect for grilling and dining al fresco. There is a storage shed for your beach items and a refreshing outdoor shower when you return from a day at the beach. Enjoy the convenience of multiple nearby restaurants and shops, and just 4 blocks from Pine Ave. attractions and the city pier. Park your car and explore the island on the free Island Trolley with a nearby stop. This is your opportunity to enjoy the magic of what AMI offers for a fraction of the cost of most island properties.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl Roberts 941-266-1450,

    MICHAEL SAUNDERS & COMPANY 941-748-6300

    Bought with:

    Ian Schmitzerle, 3525933

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4589736MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 12x11
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 10x10
    Dining room
    • Features: Built-In Shelving
    • Level: First
    • Dimensions: 9x7
    Kitchen
    • Level: First
    • Dimensions: 11x10
    Living room
    • Features: Built-In Shelving, Ceiling Fan(s)
    • Level: First
    • Dimensions: 15x9
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, In Kitchen
    Features
    • Built-in Features, Ceiling Fan(s), Split Bedroom
    • Flooring: Ceramic Tile
    • Doors: Outdoor Shower
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 723
    • Total interior livable area: 707 sqft

    Property

    Parking
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Rear Porch
    • Exterior features: Irrigation System, Outdoor Shower, Storage
    • Fencing: Vinyl
    • Waterfront features: Beach Access, Gulf/Ocean Access
    Lot
    • Size: 2,400 Square Feet
    • Dimensions: 54 x 48
    • Features: Corner Lot, FloodZone, Near Public Transit
    Details
    • Additional structures: Shed(s)
    • Parcel number: 7026800159
    • Zoning: R2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: ANNA MARIA BEACH
    HOA
    • Has HOA: No
    Location
    • Region: Anna Maria

    Financial & listing details

    • Price per square foot: $1,119/sqft
    • Tax assessed value: $697,898
    • Annual tax amount: $7,359
    • Date on market: 11/17/2023
    • Cumulative days on market: 75 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    2/26/2026Sold$791,400-24.6%$1,119/sqft
    Source: Public Record Report a problem
    5/7/2024Sold$1,050,000-19.2%$1,485/sqft
    Source: Stellar MLS #A4589736 Report a problem
    2/1/2024Pending sale$1,300,000$1,839/sqft
    Source: Stellar MLS #A4589736 Report a problem
    11/17/2023Listed for sale$1,300,000+2671.9%$1,839/sqft
    Source: Stellar MLS #A4589736 Report a problem
    12/21/2012Sold$46,900-90%$66/sqft
    Source: Public Record Report a problem
    6/23/2012Listed for sale$469,000$663/sqft
    Source: ISLAND REAL ESTATE-ANNA MARIA #M5827142 Report a problem
    5/10/2012Listing removed$469,000$663/sqft
    Source: ISLAND REAL ESTATE-ANNA MARIA #M5827142 Report a problem
    2/12/2012Listed for sale$469,000$663/sqft
    Source: ISLAND REAL ESTATE-ANNA MARIA #M5827142 Report a problem
    12/23/2011Listing removed$469,000$663/sqft
    Source: BETSY HILLS REAL ESTATE #M578606 Report a problem
    11/25/2009Listed for sale$469,000-6.2%$663/sqft
    Source: BETSY HILLS REAL ESTATE #M578606 Report a problem
    1/19/2005Sold$500,000+194.1%$707/sqft
    Source: Public Record Report a problem
    12/19/2000Sold$170,000$240/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,741 +39%$697,898 +66.2%
    2024$7,729 +5%$419,995 +10%
    2023$7,359 +28%$381,814 +10%
    2022$5,747 +9.7%$347,104 +10%
    2021$5,237 +9.3%$315,549 +9.8%
    2020$4,794 +4.2%$287,311 +5.4%
    2019$4,601 $272,511 +2.3%
    2018$4,601 +1%$266,256 +2.8%
    2017$4,554 +31.7%$258,938 +4.2%
    2016$3,457 $248,618 -16.4%
    2015$3,457 $297,495 +47.1%
    2014$3,457 +10.1%$202,283 +15%
    2013$3,138 +313724%$175,898 +10.3%
    2012$1 $159,452 -4.1%
    2011$1 $166,291 -1.4%
    2010-- $168,730 -13%
    2009$3,412 +1.4%$193,836 -6.4%
    2008$3,365 -18.7%$207,196 -17.3%
    2007$4,141 -6.7%$250,658 +0.8%
    2006$4,440 +10.2%$248,658 +13.5%
    2005$4,031 +15.4%$219,117 +17%
    2004$3,492 +15.1%$187,227 +17%
    2003$3,033 +50.3%$159,962 +50.9%
    2002$2,018 +7.3%$105,979 +5.9%
    2001$1,880 +27.4%$100,100 +29.8%
    2000$1,476 $77,106
    Find assessor info on the county website

    Neighborhood: 34216

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Manatee High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $788,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $788,500