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Sold for $3,350,000
  • $3,350,000

    516 KUMQUAT DRIVE, ANNA MARIA, FL 34216

    4beds
    2,802sqft
    Single Family Residence
    Built in 2018
    0.26 Acres Lot
    $3,351,100 Zestimate®
    $1,196/sqft
    $7,496 Estimated rent

    Home value

    $3,351,100

    $3.05M - $3.65M

    $7,496/mo

    Zestimate® history
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    What's special

    Boat liftFoundation basesHelical piersLuxury waterfront homeLaundry roomFish lightOpen water access
    Welcome to Open Palms an intimate luxury waterfront home on one of the few canals in the City of Anna Maria with open water access with no bridges. Although zoned for weekly rentals this property has never been rented. Built by Gagne Construction with detailed design collaboration with the owners, here mentioned a partial list of all the incredible features: The dock is 50 feet long with 30-foot fixed and 20-foot floating with tide and with movable kayak/SUP board assist bar and ladder access from fixed portion. The dock is 10 feet deep and has a deployable rescue ladder to canal. The city building code changed after dock was built. Now, docks cannot exceed 20 feet in length. It includes fish light, perimeter flush-mount LED safety lights, and a power pedestal with hose bib. The Golden boat lift capacity is 14,000 pounds, with normal resting height and storm height settings, and a remote control. Owner added Swingstoppers® system for securing boat in hurricanes, canal-side ladder and catwalk installed for applying Swingstoppers. Seawall was completely replaced in 2016, including dead-man anchors to keep seawall from leaning towards canal. The home has 30 helical piers set into the lot onto which foundation bases were poured. Rebar was set into foundation bases to extend into the masonry block structural columns, which were then filled with concrete and tied to the first course of framing for floor above ground level. Wind mitigation report from construction verifies compliance with Miami-Dade standards. Fire escape ladder and platform from third floor to ground, only deployable from third floor and not accessible from ground. Propane-powered Kohler 20-kilowatt generator on third-floor landing, powers air conditioning on main floor, microwave, refrigerators, ceiling fans throughout. A 400-gallon tank runs it for 10-14 days. Three stop elevator is accessible from foyer, kitchen and sitting room. Stairs leading down to foyer/garage and from third floor have built-in pocket pet/toddler doors with rare-earth magnetic catches. Kitchen appliances include GE Profile™ 27.9-cubic-foot Smart Fingerprint Resistant four-door French-door refrigerator with door in door for quick beverage access, outside filtered water/ice dispenser, control panel, and Wi-Fi accessible status indicators. GE Profile™ microwave/oven combination with Advantium™ technology. GE Profile™ Bluetooth-enabled dishwasher and GE Profile™ 36-inch five-element, built-in touch control induction cooktop in island with GE telescopic downdraft exhaust fan that is vented to outside through basement ceiling with magnetic closing, screened vent cap to discourage infiltration of pests and water during storms. The laundry room includes Samsung smart top-load washer, including built-in sink for pre-washing delicates. Front-load dryer that is vented outside via magnetic, screened vent flap to discourage pest and water infiltration during storms. Custom stainless steel counter with sink and pulldown, two-function faucet, drying rod. Custom ceiling-height cabinets. Iron-A-Way recessed wall-mounted ironing center with task light on timer or powered off by closing cabinet door, power outlet, hot iron storage. Circuit breakers, main and generator-fed circuits, with whole-house surge suppression added. 2025 flood gates have been added to the garage doors, and all doors that lead into the property for peace of mind. Meticulously cared for and covered by Choice Home Warranty transferable to new owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shellie Young, PA 941-713-5458,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-383-2500,

    Nathan Mathers 941-720-0408,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Bought with:

    F J Bud Mueller, 3100249

    DENNIS REALTY & INV. CORP.

    Source: Stellar MLS,MLS#: A4644037MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den/Library/Office, Utility Room
    Other
    • Features: Ceiling Fan(s), Walk-In Closet(s)
    • Level: Second
    • Area: 244.62 Square Feet
    • Dimensions: 16.2x15.1
    Primary bedroom
    • Features: Ceiling Fan(s), Walk-In Closet(s)
    • Level: Third
    • Area: 333.69 Square Feet
    • Dimensions: 22.7x14.7
    Bedroom 1
    • Features: Ceiling Fan(s), Walk-In Closet(s)
    • Level: Second
    • Area: 135.45 Square Feet
    • Dimensions: 10.5x12.9
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: Second
    • Area: 135.45 Square Feet
    • Dimensions: 10.5x12.9
    Primary bathroom
    • Features: Built-In Shower Bench, Dual Sinks, En Suite Bathroom, Exhaust Fan, Multiple Shower Heads, Rain Shower Head, Shower No Tub, Stone Counters, Window/Skylight in Bath
    • Level: Third
    • Area: 96.9 Square Feet
    • Dimensions: 9.5x10.2
    Primary bathroom
    • Features: En Suite Bathroom, Exhaust Fan, Granite Counters, Shower No Tub, Single Vanity, Stone Counters
    • Level: Second
    • Area: 91.64 Square Feet
    • Dimensions: 11.6x7.9
    Bathroom 1
    • Features: Built-In Shower Bench, Window/Skylight in Bath
    • Level: Second
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Family room
    • Level: Second
    • Area: 390.42 Square Feet
    • Dimensions: 16.2x24.1
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Kitchen Island, Exhaust Fan, Pantry, Stone Counters
    • Level: Second
    • Area: 218.95 Square Feet
    • Dimensions: 14.5x15.1
    Laundry
    • Level: Second
    • Area: 86.46 Square Feet
    • Dimensions: 13.1x6.6
    Library
    • Features: Built-In Shelving
    • Level: Third
    • Area: 36 Square Feet
    • Dimensions: 6x6
    Living room
    • Features: Built-In Shelving
    • Level: Third
    • Area: 140.36 Square Feet
    • Dimensions: 12.1x11.6
    Heating
    • Electric, Zoned
    Cooling
    • Central Air, Humidity Control, Zoned
    Appliances
    • Included: Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer, Water Filtration System
    • Laundry: Inside, Laundry Room, Upper Level
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Engineered Hardwood, Tile
    • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
    • Windows: Blinds, Storm Window(s), Window Treatments, Shutters
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 5,334
    • Total interior livable area: 2,802 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, On Street, Parking Pad, Split Garage, Under Building, Workshop in Garage
    • Attached garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch
    • Exterior features: Balcony, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Lighting, Salt Water, Tile
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Fenced,Other,Vinyl
    • Has view: Yes
    • View description: Garden, Pool, Water, Bay/Harbor - Full, Bay/Harbor - Partial, Canal
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Bay/Harbor - Partial,Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Beach Access, Saltwater Canal Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
    Lot
    • Size: 0.26 Acres
    • Features: Cul-De-Sac, City Lot, In County, Landscaped, Near Marina, Sloped, Street Dead-End
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Other, Storage, Workshop
    • Parcel number: 6923600008
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Block, Cement Siding, HardiPlank Type, Wood Frame
    • Foundation: Other, Slab, Raised
    • Roof: Metal
    Condition
    • Completed
    • New construction: No
    • Year built: 2018
    Details
    • Builder name: Gagne Construction
    • Warranty included: Yes

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Cable Connected, Electricity Connected, Propane, Sewer Connected, Solar, Sprinkler Well, Water Connected
    Green energy
    • Energy efficient items: Construction, Energy Monitoring System, Insulation, Roof, Water Heater, Windows
    • Energy generation: Solar
    • Indoor air quality: No Smoking-Interior Buildg
    • Water conservation: Whole House Water Purification, Fl. Friendly/Native Landscape

    Community & HOA

    Community
    • Security: Closed Circuit Camera(s), Security System, Smoke Detector(s), Lightning Protection System
    • Pet fee: $0 monthly
    • Subdivision: LACIOS SEC B
    HOA
    • Has HOA: No
    Location
    • Region: Anna Maria

    Financial & listing details

    • Price per square foot: $1,196/sqft
    • Tax assessed value: $3,244,502
    • Annual tax amount: $21,673
    • Date on market: 3/16/2025
    • Cumulative days on market: 140 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/27/2025Sold$3,350,000-4.3%$1,196/sqft
    Source: Stellar MLS #A4644037 Report a problem
    8/7/2025Pending sale$3,499,000$1,249/sqft
    Source: Stellar MLS #A4644037 Report a problem
    7/30/2025Price change$3,499,000-12.4%$1,249/sqft
    Source: Stellar MLS #A4644037 Report a problem
    5/9/2025Price change$3,995,000-7.1%$1,426/sqft
    Source: Stellar MLS #A4644037 Report a problem
    3/17/2025Listed for sale$4,300,000-12.2%$1,535/sqft
    Source: Stellar MLS #A4644037 Report a problem
    7/11/2024Listing removed$4,895,000$1,747/sqft
    Source: Stellar MLS #A4579882 Report a problem
    3/21/2024Price change$4,895,000-6.7%$1,747/sqft
    Source: Stellar MLS #A4579882 Report a problem
    10/12/2023Price change$5,245,000-3.3%$1,872/sqft
    Source: Stellar MLS #A4579882 Report a problem
    8/27/2023Listed for sale$5,425,000+1179.5%$1,936/sqft
    Source: Stellar MLS #A4579882 Report a problem
    7/30/2012Sold$424,000+4.7%$151/sqft
    Source: Public Record Report a problem
    5/9/2003Sold$405,000+126.3%$145/sqft
    Source: Public Record Report a problem
    1/13/2000Sold$179,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,469 +3.7%$1,512,694 +2.9%
    2024$21,674 -1.4%$1,470,062 +3%
    2023$21,982 +2.3%$1,427,245 +3%
    2022$21,490 -0.2%$1,385,675 +3%
    2021$21,544 +1.3%$1,345,316 +1.4%
    2020$21,272 -1.7%$1,326,742 -0.7%
    2019$21,630 $1,335,765 +196.1%
    2018$21,630 +175.5%$451,140
    2017$7,851 +38.7%$451,140 +1.7%
    2016$5,660 $443,480 +9.9%
    2015$5,660 $403,610 +12.2%
    2014$5,660 +12.9%$359,772 +19.9%
    2013$5,013 +501239%$299,990 +5%
    2012$1 $285,840 -4%
    2011$1 $297,720 -24.9%
    2010-- $396,590 -17.2%
    2009$7,968 +1.5%$478,770 -1%
    2008$7,853 -6.5%$483,590 -4.9%
    2007$8,401 -6.1%$508,590 +1.5%
    2006$8,948 +11.5%$501,090 +14.9%
    2005$8,022 +30%$436,090 +31.7%
    2004$6,173 +5.3%$331,015 +7%
    2003$5,864 +48.1%$309,273 +48.8%
    2002$3,959 +12.1%$207,910 +10.6%
    2001$3,532 +12.4%$188,035 +14.5%
    2000$3,143 $164,185
    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
    $3,351,100
    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
    $3,351,100