Sold for $2,850,000

$2,850,000

316 Magnolia Ave, Anna Maria, FL 34216

5beds

1,642sqft

Single Family Residence

Built in 1981

7,540 Square Feet Lot

$2,491,900 Zestimate^®

$1,736/sqft

$17,193 Estimated rent

Home value

$2,491,900

$2.24M - $2.77M

$17,193/mo

Zestimate^® history

Owner options

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$17,193/mo

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$17,193/mo

Rent Zestimate^®

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$18,604/mo

Est. payment

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$18,604/mo

Est. payment

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What's special

Turnkey furnishedLush landscapingProfessionally decoratedFabulous shops

This 5 bedroom, 3 bathroom home is professionally decorated, offered turnkey furnished and ideal for a fantastic investment property!! With $275k annual income for 2022 and with $175k already on the books for 2023 you don't want to miss this great opportunity! Situated on this over-sized lot, the main living house has 3 bedrooms and 2 bathrooms, while the separate guest house has 2 bedrooms and 1 bathroom. Ideal for large families or multiple families to be comfortable. The gorgeous huge heated pool and spa are in between the 2 living areas, perfect for entertaining! Lush landscaping and covered bar/hangout area for the kids. Nestled in the prime North end of beautiful Anna Maria Island. Just a short walk away to all of the fabulous shops and restaurants that Pine Avenue has to offer and just a 5 minute walk to either the Gulf of Mexico or Bay beaches! This is a must see and wont last long, schedule a showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: Second

Kitchen

Level: Second

Living room

Level: Second

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer

Features

Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat
Flooring: Tile
Doors: Sliding Doors
Windows: Window Treatments
Has fireplace: No

Interior area

Total structure area: 2,192
Total interior livable area: 1,642 sqft

Property

Parking

Total spaces: 1
Parking features: Garage - Attached
Attached garage spaces: 1

Features

Levels: Two
Stories: 2
Exterior features: Balcony
Has private pool: Yes
Pool features: Heated
Has spa: Yes

Lot

Size: 7,540 Square Feet

Details

Parcel number: 7011310005
Zoning: R1
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Wood Frame
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: ANNA MARIA BEACH

HOA

Has HOA: No

Location

Region: Anna Maria

Financial & listing details

Price per square foot: $1,736/sqft
Tax assessed value: $1,977,278
Annual tax amount: $17,481
Date on market: 6/7/2023
Cumulative days on market: 99 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt

Price history

Date	Event	Price
9/26/2023	Sold	$2,850,000-4.8%$1,736/sqft
Source: Stellar MLS #A4572962 Report a problem
9/15/2023	Pending sale	$2,995,000$1,824/sqft
Source: Stellar MLS #A4572962 Report a problem
6/7/2023	Listed for sale	$2,995,000+126%$1,824/sqft
Source: Stellar MLS #A4572962 Report a problem
5/20/2019	Sold	$1,325,000-8.6%$807/sqft
Source: Public Record Report a problem
5/3/2019	Listed for sale	$1,450,000+241.2%$883/sqft
Source: SATO REAL ESTATE INC. #A4435151 Report a problem
5/4/2018	Sold	$425,000+131%$259/sqft
Source: Public Record Report a problem
1/21/1997	Sold	$184,000+46%$112/sqft
Source: Public Record Report a problem
3/18/1994	Sold	$126,000$77/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$29,775 -8.9%	$1,977,278 -9.6%
2024	$32,700 +45%	$2,187,732 +99.2%
2023	$22,558 +29%	$1,098,309 +10%
2022	$17,481 +17.3%	$998,463 +10%
2021	$14,903 +11.9%	$907,694 +12.5%
2020	$13,314 +36.7%	$806,775 +39.1%
2019	$9,737	$580,073 +67.2%
2018	$9,737 +79.9%	$347,025 +2.1%
2017	$5,414 +6.4%	$339,887 +2.1%
2016	$5,087	$332,896 +0.7%
2015	$5,087	$330,582 +0.8%
2014	$5,087 +0.4%	$327,958 +1.5%
2013	$5,066 +506499%	$323,111 +1.7%
2012	$1	$317,710 -4.1%
2011	$1	$331,170 -1%
2010	--	$334,559 -2.4%
2009	$6,000 +1.9%	$342,890 -5.4%
2008	$5,887 -16.6%	$362,535 -15.2%
2007	$7,061 -6.9%	$427,455 +0.6%
2006	$7,588 +9.6%	$424,955 +12.9%
2005	$6,922 +19.7%	$376,261 +21.4%
2004	$5,780 +16.2%	$309,950 +18.2%
2003	$4,973 +121%	$262,282 +82.6%
2002	$2,251 +3.4%	$143,674 +1.6%
2001	$2,178 +1.7%	$141,411 +3%
2000	$2,140	$137,292