306 PALM AVENUE
ANNA MARIA, FL 34216
About this home
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!
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,902 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Concrete, Laminate
- Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
- Appliances
- Dishwasher, Range, Refrigerator, Washer
Exterior & lot
- Lot size
- 8,350 sqft (0.19 ac)
- Roof
- Metal, Other
- Construction
- Block, Concrete, Stucco
- Exterior
- Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Financial
- Annual tax
- $3,591 (2025)
- Price / sqft
- $802/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 1984
- Subdivision
- BIMINI BAY COLONY CLUB
- County
- Manatee
Assigned schools
- Elementary
- Anna Maria Elementary
- Middle
- Martha B. King Middle
- High
- Manatee High
Listing
- Status
- Active
- Days on market
- 83 days
- MLS #
- MFR790789066
- Source
- Stellar MLS
Listed by Kasay Gunter · DUNCAN REAL ESTATE, INC.
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 31 comparable sales within 3 miles of ANNA MARIA, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $8,117/mo
- Property tax
- $254/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 7, 2026 | Price reduced | $1,525,000 | −$170,000 |
| May 12, 2026 | Listed | $1,695,000 | — |
NeighbourhoodSample data
Reference scores for ANNA MARIA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 306 PALM AVENUE, ANNA MARIA cost per month?
About $8,773 a month: $7,711 principal and interest, $299 property tax, $763 insurance. That assumes 20% down at 6.5% over 30 years.
Is 306 PALM AVENUE, ANNA MARIA priced fairly?
Comparable sales nearby put it between $2,692,205 and $3,097,483, with $2,894,844 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $1,522 a square foot.
How does 306 PALM AVENUE, ANNA MARIA compare to nearby homes?
8 comparable properties within three miles. The nearest: 312 HARDIN AVENUE, ANNA MARIA, FL at $1,949,500, 1,843 sq ft, 0.05 miles away; 307 SPRING AVENUE, ANNA MARIA, FL at $1,995,000, 1,968 sq ft, 0.09 miles away; 315 SPRING AVENUE, ANNA MARIA, FL at $2,175,000, 1,428 sq ft, 0.09 miles away.
How long has 306 PALM AVENUE, ANNA MARIA been on the market?
83 days on the market.
Has the price of 306 PALM AVENUE, ANNA MARIA changed?
It has gone down from $1,695,000 to $1,525,000, a change of -10%.
How big is 306 PALM AVENUE, ANNA MARIA?
3 bed, 3 bath, 1,902 square feet. That is $802 a square foot.
What year was 306 PALM AVENUE, ANNA MARIA built?
Built in 1984.
What is the HOA fee at 306 PALM AVENUE, ANNA MARIA?
The feed lists no association fee for this property.
What are the property taxes at 306 PALM AVENUE, ANNA MARIA?
Property tax works out to about $299 a month, $3,591 a year.
Is 306 PALM AVENUE, ANNA MARIA still available?
It is still on the market.
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