421 Pine AVENUE
About This Property
LUXURY LIVING at its finest in the heart of Anna Maria on historic Pine Avenue! Stunning 6 bedroom 6.5 bathroom custom home with over 3000 feet of living space and features an open floor plan with large eat in kitchen, dining, and spacious living area. The beautifully designed kitchen is a culinary dream equipped with high end appliances and an oversized island for guests to gather. Open the sliding doors to the covered porch and enjoy the fresh island air. Each bedroom is an ensuite with a private bathroom perfect for families. Soak up the Florida sun in your backyard tropical oasis complete with pool and spa. Stroll Pine Ave for its world famous shopping and dining flanked by the beautiful Gulf Beaches on one end and the historic Anna Maria City Pier on the other. Appointments may be available to walk a similar completed home to get a true sense of this fantastic floor plan. PHOTOS ARE OF ANOTHER PROPERTY WITH SAME FLOOR PLAN AND SIMILAR FINISHES
Great investment opportunity estimated to do $300k+ in annual rental income! Don't miss this one!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Price Decreased |
$3,825,000
↓ $375K
(8.9%) | |
| Price Decreased | |||
| Jan 9, 2025 | Listed | $4,200,000 | |
| Listed | |||
| | |||
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Memories are made at the Oar House! Nestled on Pine Avenue in the heart of Anna Maria Island, this exquisite luxury property is the epitome of coastal charm and offers an unparalleled sense of privacy and tranquility. The expansive kitchen, dining and living room seamlessly blend modern elegance with comfort. The kitchen is a chef's dream, equipped with state-of-the-art appliances and adorned with beautifully crafted design finishes. This space flows effortlessly into the living room, creating a welcoming environment for both intimate gatherings and grand entertaining. Sumptuous meals are enjoyed in the spacious dining area, perfect for hosting memorable dinner parties with friends and family. A wall of sliders leads to an expansive patio overlooking the lush and manicured backyard. The primary ensuite is spacious and beautifully appointed with a luxury soaking tub in the shower enclosure. The additional five ensuite bedrooms are each meticulously adorned with beautiful custom woodwork and interesting design features. They offer a haven of comfort and privacy, ensuring a restful night's sleep for all guests. Step outside to discover the private oasis that awaits you. The backyard is a haven for relaxation and entertainment, featuring a sparkling pool and a rejuvenating spa. Lush landscaping surrounds the area, providing both privacy and a serene atmosphere. A covered patio with outdoor seating and barbecue are perfect for alfresco dining and entertaining guests. While the steaks and burgers sizzle, hone your skills on the putting green and cornhole court. As the crowning jewel of this magnificent residence, a rooftop patio awaits, providing breathtaking sunset views of the iconic Skyway Bridge. Whether you are sipping cocktails or simply enjoying the beauty of the island, this elevated vantage point offers a truly magical experience. Situated on Pine Avenue, this luxury home is the ideal sanctuary providing easy access to the pristine beaches, charming shops, and all the fabulous restaurants that Anna Maria has to offer. With such attention to detail, exquisite craftsmanship, and unparalleled amenities this property is a true gem in the heart of paradise.
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| Mar 16, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by LOCALS REALTY LLC | $3,875,000 | |
| Listed by LOCALS REALTY LLC | |||
| Sep 21, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017