216 MAGNOLIA AVENUE #A, ANNA MARIA, FL 34216 (MLS # U8211360)

Price $1,525,000
Status Active
Beds 0
Baths 0 Bath
Home size 1,642 sqft
Lot Size 8,277 sqft
Days on Market 31
Auction Property. Excellent opportunity to own this Tropical Paradise just a short stroll to the pristine beaches on the north end of ANNA MARIA ISLAND! This Duplex is on an over-sized corner lot and features a bright and spacious 2BR 1BA unit with terrazzo flooring, open kitchen with corian counters and dining area, enclosed Florida room which could easily be used as a 3rd BR providing additional rental income, plus attached private 1 car garage with laundry. The second unit is a charming 1BR 1BA, corian counters in the kitchen with a bar top and eating space and terrazzo flooring throughout. The enormous backyard has a patio where you can relax, barbeque, catch some rays and indulge in the island lifestyle! This Duplex provides the potential to live in one unit and rent out the other, rent both units or explore the possibility with the City's Building Dept. per current FEMA guidelines for a condo or SFR conversion or tear down and build an elevated SFR on this huge 8,438 sq. ft. lot and design your own perfect piece of heaven! Each unit has its own electric meter and the water meter is shared. The Island of Anna Maria has NO RENTAL RESTRICTIONS and this amazing property is just 2 blocks to the quaint boutiques and local cuisine on Historic Pine Ave. Take in the sights and explore the entire island by bike, golf cart or hop on the FREE trolley and visit the beautiful sugar sand beaches, Rod & Reel Pier, Bayfront Park, art gallery, museum, community center or plan a fishing charter and soak up all the beauty of this magical island! Just 9 miles to Longboat Key and a 40 minute drive to the Sarasota/Bradenton airport and I-75. Don't miss this fantastic chance to add this gem to your investment portfolio and embrace a laid back atmosphere and experience the Island Lifestyle! (AUCTION DATE: 10/03 - 10/05).
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 8/31/2023 Tract ANNA MARIA BEACH
Year Built 1968 Community 34216 - Anna Maria
Garage Spaces 1.0 County Manatee

SCHOOLS

Elementary School Anna Maria Elementary
Jr. High School Martha B. King Middle
High School Manatee High

Additional Details

APPLIANCES Dishwasher, Microwave, Range
AREA 34216 - Anna Maria
BUYER'S BROKERAGE COMPENSATION 2.50%-$185
CONSTRUCTION Block
EXTERIOR Outdoor Shower, Sidewalk
GARAGE Attached Garage, Yes
INTERIOR Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
LOT 8276 sq ft
LOT DESCRIPTION City Limits, Corner Lot, FloodZone, Paved, Sidewalk
LOT DIMENSIONS 97x87
MASTER ON MAIN Yes
PARKING Driveway, Garage Door Opener
SEWER Public Sewer
STORIES 1
STYLE Duplex
SUBDIVISION ANNA MARIA BEACH
TAXES 13437.1
UTILITIES Electricity Available, Sewer Available, Water Available
WATER Public
ZONING R2

Location

 

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Listing provided by Rose Brown, FUTURE HOME REALTY INC, 813-855-4982
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