306 Palm Ave, photo 1
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Overview

3 bd3 ba1,902 sqftSingle Family
TypeSingle Family
HOANone listed
Built1984
Lot8,350 sqft
Living area1,902 sqft
Price / sqft$802

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About this home

Ceiling Fans(s)Living Room/Dining Room ComboWalk-in Closet(s)Private EntrancePrivate MailboxPrivate YardSliding DoorsStorage

306 Palm Ave is a 1984-built home in Bimini Bay Colony Club, Anna Maria. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,902 square feet of living space. Listed at $1,525,000 (about $802/sqft), 154 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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!

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The essentials

Built
1984
Price / sqft
$802
On market
154 days
Annual tax
$3,591
Flood zone
AE
Lot
8,350 sqft
Type
Single Family Residence

At a glance

Single family
Built 1984
8,350 sqft lot
Lot size
1,902 sqft
Living area

Payment

Est. monthly payment
$9,015/mo
Down payment (20%)
$305,000
Property taxes
$299/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1984
Lot
8,350 sqft
Cooling
Central Air
Heating
Central
Parking
Converted Garage, Driveway, Ground Level
Days on Market
154
Ceiling Fans(s)
Living Room/Dining Room Combo
Walk-in Closet(s)
Private Entrance
Private Mailbox
Private Yard
Sliding Doors
Storage
Dishwasher
Range
Refrigerator
Washer
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Manatee High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$3,591
Parcel #
7058700001

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Bimini Bay Colony Club
County
Manatee
MLS Area
34216 - Anna Maria
Lot Size
8,350 sqft

Price history

Date
Event
Price
8/7/2026
Price change
Source: Stellar MLS #A4693882
$1,525,000-6.2%
$802/sqft
-
Price change
Source: Stellar MLS #A4693882
$1,625,000-4.1%
$854/sqft
5/12/2026
Listed for sale
Source: Stellar MLS #A4693882
$1,695,000
$891/sqft

Neighborhood

306 Palm Ave
Anna Maria, FL, 34216 · 34216 - Anna Maria

Market insights

Offer Insights

Choose an offer strength

List price: $1,525,000
$1.44M – $1.52M
94.3% – 100% of listTops out right at the list price
80% of listList price
14 of the last 26 home closings in 34216 landed at this number or higher (54%). The median one sat 152 days before it went under contract, and this one is on day 154 after a $170,000 cut.

Sample: 26 closed home sales in 34216 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$9,015/mo
Principal & interest$7,953
Property taxes$299
Insurance$763
Down payment20% · $305,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,525,000

$802 per sq ft

Beds and baths

3 beds, 3 baths

Size

1,902 sq ft

Time on market

154 days

Year built

1984

Monthly payment

About $9,015/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,591 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byDUNCAN REAL ESTATE, INC.Listing agent: Kasay GunterListing data from Stellar MLS, MLS# A4693882.

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