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Overview

4 bd4 ba3,722 sqft3 car garageSingle Family
TypeSingle Family
HOANone listed
Built2020
Lot16,274 sqft
Living area3,722 sqft
Price / sqft$2,000
Garage3 car

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About this home

Built-in FeaturesCeiling Fans(s)Central VaccumCrown MoldingElevatorHigh CeilingsOpen FloorplanPrimary Bedroom Main Floor

242 Oak Ave is a 2020-built home in Bimini Bay Estates, Anna Maria. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,722 square feet of living space. Listed at $7,445,000 (about $2,000/sqft), 18 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Come sit on the lanai at this stunning property and you will realize just how different it is from anything else on Anna Maria Island. Set behind gates, tropically landscaped and surrounded by water on three sides, this very private property has only changed hands once in nearly 60 years. It is located on one of the most desirable beach access streets, yet feels remarkably removed from neighboring properties. This four-bedroom family home was constructed in 2020 and engineered to exceed the latest hurricane standards with the safety and security of a concrete elevated home. It was built as an upscale residence, for those who wish to live on Anna Maria, whether seasonally or full-time. It was not designed as a rental home, where the living space is sacrificed to multiple bedrooms. Instead the 3,850 square feet of air-conditioned living area is designed for effortless indoor/outdoor Florida living offering two primary bedrooms with ensuites, a formal dining room, family room and even a dedicated office for those who occasionally work from home. A guest house, connected by a bridge, has two more bedrooms, a full bath and kitchenette, giving family and guests total privacy. Separate utilities even allow this space to be easily closed off when not in use. Architecturally, the home blends Florida, Caribbean and South Pacific influences with custom imported cabinetry, vaulted wood ceilings and walls of glass that allow natural light to fill the interiors. Expansive glass doors disappear to open the great room completely to the covered waterfront lanai, where morning coffee may come with dolphins passing through Bimini Bay. Entertaining flows just as naturally. A Teppanyaki cooking island sits steps from the gourmet kitchen and on the same level, making it easy to move between indoor and outdoor spaces while enjoying the sweeping water views. Or gather around the fire pit, under the stars on your own sandy “beach” at the point of this extraordinary triangular waterfront parcel, surrounded by Bimini Bay. The grounds feel like a private resort, with a dramatic pool featuring fire and water elements, lush landscaping and multiple places to dine, gather or simply enjoy the view. The property is protected by more than 500 feet of new concrete seawall and for boaters offers direct access to the Gulf. A 60-foot dock with power and water accommodates a cruiser, while a separate 12,000-pound boat lift and additional dock provide space for smaller watercraft and toys. With more than 7,000 square feet of luxury covered living area on a one-of-a-kind waterfront parcel, perhaps the greatest luxury here is not something measured in square feet. It is the feeling of openness and privacy, with water in nearly every direction and the ability to enjoy everything you love about Anna Maria Island, then retreat to a place where, for a little while, the island feels entirely your own. Call now to experience this extraordinary waterfront retreat for yourself.

The essentials

Built
2020
Price / sqft
$2,000
On market
18 days
Annual tax
$55,383
Flood zone
AE
Lot
16,274 sqft
Type
Single Family Residence

At a glance

Single family
Built 2020
Waterfront
Bay/Harbor
Private pool
Heated
3 car garage
Garage Door Opener
0.37 acres
Lot size

Payment

Est. monthly payment
$47,167/mo
Down payment (20%)
$1,489,000
Property taxes
$4,615/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2020
Lot
16,274 sqft
Cooling
Zoned
Heating
Electric, Heat Pump
Parking
Garage Door Opener, Garage, Workshop in Garage
Pool
Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
Waterfront
Bay/Harbor, Canal - Saltwater
Days on Market
18
Built-in Features
Ceiling Fans(s)
Central Vaccum
Crown Molding
Elevator
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Stone Counters
Thermostat
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-in Closet(s)
Wet Bar
Balcony
Courtyard
Lighting
Outdoor Grill
Outdoor Kitchen
Outdoor Shower
Rain Gutters
Sprinkler Metered
Bar Fridge
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Dryer
Electric Water Heater
Exhaust Fan
Ice Maker
Microwave
Range
Refrigerator
Washer
Wine Refrigerator
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.

Flood Zone AE
Annual Tax (2025)
$55,383
Parcel #
7046300005

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 Estates
County
Manatee
MLS Area
34216 - Anna Maria
Lot Size
16,274 sqft
Oversized LotStreet Dead-End

Price history

Date
Event
Price
9/28/2026
Listed for sale
Source: Stellar MLS #A4707699
$7,445,000
$2,000/sqft

Neighborhood

242 Oak Ave
Anna Maria, FL, 34216 · 34216 - Anna Maria

Market insights

Offer Insights

Choose an offer strength

List price: $7,445,000
$7.02M – $7.45M
94.3% – 100% of listTops out right at the list price
80% of listList price
14 of the last 27 home closings in 34216 landed at this number or higher (52%). The median one sat 152 days before it went under contract, and this one is on day 18.

Sample: 27 closed home sales in 34216 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$47,166/mo
Principal & interest$38,829
Property taxes$4,615
Insurance$3,723
Down payment20% · $1,489,000
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

$7,445,000

$2,000 per sq ft

Beds and baths

4 beds, 4 baths

Size

3,722 sq ft

Time on market

18 days

Year built

2020

Monthly payment

About $47,167/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $55,383 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

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Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Kathy HarmanListing data from Stellar MLS, MLS# A4707699.

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