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!
For sale
Price cut: $100K (8/7)
$1,525,000
306 PALM AVENUE, ANNA MARIA, FL 34216
3beds
1,902sqft
Single Family Residence
Built in 1984
8,350 Square Feet Lot
$1,423,300 Zestimate®
$802/sqft
$-- HOA
What's special
- 109 days
- 661
- 20
Zillow last checked:
Listing updated:
Listed by:
Kasay Gunter 941-807-1280,
DUNCAN REAL ESTATE, INC. 941-779-0304
Source: Stellar MLS,MLS#: A4693882
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 1
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Shower No Tub, No Closet
- Level: First
Primary bathroom
- Features: Shower No Tub
- Level: First
Bathroom 1
- Features: Tub With Shower
- Level: First
Bathroom 2
- Features: Shower No Tub
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Walk-In Closet(s)
- Flooring: Carpet, Concrete, Laminate
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 1,902
- Total interior livable area: 1,902 sqft
Video & virtual tour
Property
Parking
- Parking features: Converted Garage, Driveway, Ground Level
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Other, Private Entrance, Private Mailbox, Private Yard, Storage
Lot
- Size: 8,350 Square Feet
Details
- Additional structures: Shed(s)
- Additional parcels included: 70102.0000/9
- Parcel number: 7058700001
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Metal,Other
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BIMINI BAY COLONY CLUB
HOA
- Has HOA: No
Location
- Region: Anna Maria
Financial & listing details
- Price per square foot: $802/sqft
- Tax assessed value: $1,516,510
- Annual tax amount: $3,591
- Date on market: 5/16/2026
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$1,423,300
$1.35M - $1.49M
$6,481/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $1,525,000-6.2%$802/sqft |
Source: | ||
| 7/10/2026 | Price change | $1,625,000-4.1%$854/sqft |
Source: | ||
| 5/16/2026 | Listed for sale | $1,695,000+1361.2%$891/sqft |
Source: | ||
| 6/28/1989 | Sold | $116,000$61/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,591 +8.3% | $239,329 +2.9% |
| 2024 | $3,317 -0.3% | $232,584 +3% |
| 2023 | $3,327 +2.8% | $225,810 +3% |
| 2022 | $3,238 +0.5% | $219,233 +3% |
| 2021 | $3,224 +3.9% | $212,848 +1.4% |
| 2020 | $3,103 +1.7% | $209,909 +2.3% |
| 2019 | $3,052 | $205,190 +1.9% |
| 2018 | $3,052 +1% | $201,364 +2.1% |
| 2017 | $3,023 +8% | $197,222 +2.1% |
| 2016 | $2,798 | $193,166 +0.7% |
| 2015 | $2,798 | $191,823 +0.8% |
| 2014 | $2,798 +0.6% | $190,301 +1.5% |
| 2013 | $2,782 +278077% | $187,489 +1.7% |
| 2012 | $1 | $184,355 +3% |
| 2011 | $1 | $178,985 +1.5% |
| 2010 | -- | $176,340 +2.7% |
| 2009 | $2,485 +0.9% | $171,704 +0.1% |
| 2008 | $2,463 +5.3% | $171,532 +3% |
| 2007 | $2,338 -4.8% | $166,536 +2.5% |
| 2006 | $2,455 +0.5% | $162,474 +3% |
| 2005 | $2,442 +2.2% | $157,742 +3% |
| 2004 | $2,390 +0.6% | $153,148 +1.9% |
| 2003 | $2,375 +2.4% | $150,292 +2.4% |
| 2002 | $2,319 +3.3% | $146,770 +1.6% |
| 2001 | $2,244 +1.7% | $144,459 +3% |
| 2000 | $2,207 | $140,251 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34216
Nearby schools
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.






