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.
For sale
Price cut: $249K (6/19)
$2,750,000
505 S BAY BOULEVARD, ANNA MARIA, FL 34216
5beds
3,202sqft
Single Family Residence
Built in 2014
7,301 Square Feet Lot
$-- Zestimate®
$859/sqft
$-- HOA
What's special
Versatile top-floor loftHeated saltwater poolElevated five-bedroom five-bath homeHigh-end finishesDurable coastal constructionOpen-concept floor planLow-maintenance materials
- 257 days
- 618
- 36
Zillow last checked:
Listing updated:
Listed by:
Brenda Wade 813-655-5333,
KELLER WILLIAMS SOUTH TAMPA 813-875-3700
Source: Stellar MLS,MLS#: TB8456067
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Upper
- Area: 306 Square Feet
- Dimensions: 18x17
Bedroom 1
- Features: Built-in Closet
- Level: First
- Area: 272 Square Feet
- Dimensions: 17x16
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 204 Square Feet
- Dimensions: 17x12
Bedroom 4
- Features: Built-in Closet
- Level: Upper
- Area: 204 Square Feet
- Dimensions: 17x12
Den
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 14x17
Dining room
- Level: First
- Area: 238 Square Feet
- Dimensions: 17x14
Family room
- Level: First
- Area: 330 Square Feet
- Dimensions: 22x15
Kitchen
- Level: First
- Area: 195 Square Feet
- Dimensions: 15x13
Living room
- Level: First
- Area: 182 Square Feet
- Dimensions: 14x13
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room, Upper Level
Features
- Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, L Dining, Thermostat, Walk-In Closet(s)
- Flooring: Bamboo, Ceramic Tile, Porcelain Tile
- Doors: French Doors, Outdoor Shower
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 5,435
- Total interior livable area: 3,202 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Parking Pad, Split Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Front Porch, Porch, Rear Porch
- Exterior features: Balcony, Lighting, Outdoor Shower, Rain Barrel/Cistern(s), Rain Gutters, Sidewalk, Sprinkler Metered, Storage
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Salt Water
- Has view: Yes
- View description: Pool, Trees/Woods, Water, Gulf/Ocean - Partial, Gulf/Ocean to Bay
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Partial,Gulf/Ocean to Bay
- Waterfront features: Canal - Saltwater, Saltwater Canal Access, Lift, Seawall
Lot
- Size: 7,301 Square Feet
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 6935500006
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Public, Sewer Available, Sprinkler Meter, Sprinkler Recycled, Sprinkler Well, Street Lights, Water Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WELLS BAY HARBOR SEC A REP
HOA
- Has HOA: No
Location
- Region: Anna Maria
Financial & listing details
- Price per square foot: $859/sqft
- Tax assessed value: $2,623,057
- Annual tax amount: $35,732
- Date on market: 12/19/2025
- Cumulative days on market: 251 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $2,750,000-8.3%$859/sqft |
Source: | ||
| 3/11/2026 | Price change | $2,999,000-6.1%$937/sqft |
Source: | ||
| 12/19/2025 | Listed for sale | $3,195,000$998/sqft |
Source: | ||
| 12/9/2025 | Listing removed | $3,195,000$998/sqft |
Source: | ||
| 12/7/2025 | Listed for sale | $3,195,000+6.5%$998/sqft |
Source: | ||
| 5/17/2025 | Listing removed | $2,999,999$937/sqft |
Source: | ||
| 3/25/2025 | Price change | $2,999,999-7.4%$937/sqft |
Source: | ||
| 2/26/2025 | Price change | $3,240,000-5.8%$1,012/sqft |
Source: | ||
| 2/11/2025 | Price change | $3,440,000-4.3%$1,074/sqft |
Source: | ||
| 1/28/2025 | Price change | $3,595,000-5.3%$1,123/sqft |
Source: | ||
| 1/14/2025 | Price change | $3,795,000-5%$1,185/sqft |
Source: | ||
| 1/2/2025 | Listed for sale | $3,995,000-11.2%$1,248/sqft |
Source: | ||
| 9/27/2024 | Listing removed | $4,500,000$1,405/sqft |
Source: | ||
| 3/5/2024 | Listed for sale | $4,500,000+188%$1,405/sqft |
Source: | ||
| 9/28/2020 | Sold | $1,562,500-3.8%$488/sqft |
Source: Stellar MLS #A4466580 Report a problem | ||
| 8/10/2020 | Pending sale | $1,625,000$507/sqft |
Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem | ||
| 6/25/2020 | Price change | $1,625,000-1.5%$507/sqft |
Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem | ||
| 5/7/2020 | Price change | $1,650,000-2.9%$515/sqft |
Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem | ||
| 2/21/2020 | Price change | $1,699,000-2.9%$531/sqft |
Source: Premier Sotheby's International Realty #A4450414 Report a problem | ||
| 11/4/2019 | Listed for sale | $1,750,000-2.7%$547/sqft |
Source: Premier Sotheby's International Realty #A4450414 Report a problem | ||
| 4/27/2019 | Listing removed | $1,799,000$562/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem | ||
| 10/23/2018 | Price change | $1,799,000-1.4%$562/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem | ||
| 6/28/2018 | Price change | $1,825,000-1.4%$570/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem | ||
| 11/1/2017 | Listed for sale | $1,850,000$578/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem | ||
| 2/15/2017 | Sold | --0 |
Source: Agent Provided Report a problem | ||
| 10/11/2016 | Listing removed | $1,850,000+428.6%$578/sqft |
Source: ISLAND REAL ESTATE-ANNA MARIA #A4120912 Report a problem | ||
| 6/7/2013 | Sold | $350,000+95.5%$109/sqft |
Source: Public Record Report a problem | ||
| 8/10/2000 | Sold | $179,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $35,733 -1.5% | $2,120,754 +10% |
| 2024 | $36,281 +0.2% | $1,927,958 +10% |
| 2023 | $36,196 +27.6% | $1,752,689 +10% |
| 2022 | $28,364 +19.3% | $1,593,354 +10% |
| 2021 | $23,769 -4.5% | $1,448,504 -4.1% |
| 2020 | $24,890 +4.1% | $1,511,165 +10% |
| 2019 | $23,908 | $1,373,786 +2.2% |
| 2018 | $23,908 +9.6% | $1,343,832 +10.5% |
| 2017 | $21,815 +334.2% | $1,216,590 +11.3% |
| 2016 | $5,025 | $1,092,795 +5% |
| 2015 | $5,025 | $1,040,938 +283.3% |
| 2014 | $5,025 +45.9% | $271,560 +32.1% |
| 2013 | $3,445 +344392% | $205,530 +5% |
| 2012 | $1 | $195,830 -4% |
| 2011 | $1 | $203,930 -24.9% |
| 2010 | -- | $271,430 -16.4% |
| 2009 | $5,413 +1.7% | $324,670 -1% |
| 2008 | $5,325 -6.5% | $327,930 -4.9% |
| 2007 | $5,698 -5.9% | $344,930 +1.8% |
| 2006 | $6,052 +11.9% | $338,930 +15.3% |
| 2005 | $5,407 +16.6% | $293,930 +18.2% |
| 2004 | $4,639 +5.5% | $248,749 +7.3% |
| 2003 | $4,396 +47.3% | $231,839 +47.9% |
| 2002 | $2,985 +12.3% | $156,733 +10.8% |
| 2001 | $2,658 +19% | $141,487 +21.3% |
| 2000 | $2,234 | $116,675 |
Find assessor info on the county website
Monthly payment
Est. payment








