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For sale
  • Price cut: $249K (6/19)
    $2,750,000

    505 S Bay Blvd, Anna Maria, FL 34216

    5beds
    3,202sqft
    : 
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    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
    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.
    212 days
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    754
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda Wade 813-655-5333,

    KELLER WILLIAMS SOUTH TAMPA 813-875-3700

    Source: Stellar MLS,MLS#: TB8456067MLS LogoOriginating MLS: Suncoast Tampa

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      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: 214 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

        DateEventPrice
        6/19/2026Price change$2,750,000-8.3%$859/sqft
        Source: Stellar MLS #TB8456067 Report a problem
        3/11/2026Price change$2,999,000-6.1%$937/sqft
        Source: Stellar MLS #TB8456067 Report a problem
        12/19/2025Listed for sale$3,195,000$998/sqft
        Source: Stellar MLS #TB8456067 Report a problem
        12/9/2025Listing removed$3,195,000$998/sqft
        Source: Stellar MLS #TB8453019 Report a problem
        12/7/2025Listed for sale$3,195,000+6.5%$998/sqft
        Source: Stellar MLS #TB8453019 Report a problem
        5/17/2025Listing removed$2,999,999$937/sqft
        Source: Stellar MLS #T3509233 Report a problem
        3/25/2025Price change$2,999,999-7.4%$937/sqft
        Source: Stellar MLS #T3509233 Report a problem
        2/26/2025Price change$3,240,000-5.8%$1,012/sqft
        Source: Stellar MLS #T3509233 Report a problem
        2/11/2025Price change$3,440,000-4.3%$1,074/sqft
        Source: Stellar MLS #T3509233 Report a problem
        1/28/2025Price change$3,595,000-5.3%$1,123/sqft
        Source: Stellar MLS #T3509233 Report a problem
        1/14/2025Price change$3,795,000-5%$1,185/sqft
        Source: Stellar MLS #T3509233 Report a problem
        1/2/2025Listed for sale$3,995,000-11.2%$1,248/sqft
        Source: Stellar MLS #T3509233 Report a problem
        9/27/2024Listing removed$4,500,000$1,405/sqft
        Source: Stellar MLS #T3509233 Report a problem
        3/5/2024Listed for sale$4,500,000+188%$1,405/sqft
        Source: Stellar MLS #T3509233 Report a problem
        9/28/2020Sold$1,562,500-3.8%$488/sqft
        Source: Stellar MLS #A4466580 Report a problem
        8/10/2020Pending sale$1,625,000$507/sqft
        Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem
        6/25/2020Price change$1,625,000-1.5%$507/sqft
        Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem
        5/7/2020Price change$1,650,000-2.9%$515/sqft
        Source: KELLER WILLIAMS CLASSIC GROUP #A4466580 Report a problem
        2/21/2020Price change$1,699,000-2.9%$531/sqft
        Source: Premier Sotheby's International Realty #A4450414 Report a problem
        11/4/2019Listed for sale$1,750,000-2.7%$547/sqft
        Source: Premier Sotheby's International Realty #A4450414 Report a problem
        4/27/2019Listing removed$1,799,000$562/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem
        10/23/2018Price change$1,799,000-1.4%$562/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem
        6/28/2018Price change$1,825,000-1.4%$570/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem
        11/1/2017Listed for sale$1,850,000$578/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4199179 Report a problem
        2/15/2017Sold--0
        Source: Agent Provided Report a problem
        10/11/2016Listing removed$1,850,000+428.6%$578/sqft
        Source: ISLAND REAL ESTATE-ANNA MARIA #A4120912 Report a problem
        6/7/2013Sold$350,000+95.5%$109/sqft
        Source: Public Record Report a problem
        8/10/2000Sold$179,000$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34216

        Getting around

        44 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

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