by Global Lifestyle Properties

Check Availability
$3,300,000
● House - For Sale

508 SPRING AVENUE

ANNA MARIA, FL 34216
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,532 Ft²
$18,997
Est. Monthly

About This Property

Welcome to Spring House! Invest in one of Anna Maria Island's most desirable locations with this exceptional 5-bedroom, 4-bath turnkey rental, just steps from Pine Avenue's charming shops, restaurants, and the iconic Anna Maria Pier-and only a short bike ride to Bean Point.

A true rental powerhouse, this property has generated well over $200,000 in gross rental income while still allowing time for owner use. One of the few properties on Anna Maria Island with Bert Harris approval for occupancy of up to 14 guests, this home offers a rare combination of income potential and flexibility.

The beautifully landscaped backyard is designed for maximum guest appeal, with a heated lagoon-style pool, shallow splash area, built-in dining/bar area, Adirondack seating, and BBQ grill. A dedicated recreation room adds even more entertainment value with a flat-panel TV, foosball, ping pong, and a large sitting area.

The spacious primary suite includes a king bed, private balcony access, and an ensuite bathroom with a double vanity and newly renovated walk-in shower. Four additional bedrooms and two living room areas provide flexible sleeping arrangements for large groups.

Room Details:

* Primary Suite – 2nd Floor: King bed, balcony access, ensuite bath.
* Second Bedroom – 2nd Floor: King bed.
* Third Bedroom – 2nd Floor: Twin bunk bed + twin bed + twin trundle bed.
* Fourth Bedroom – 1st Floor: King bed, ensuite bath.
* Fifth Bedroom – 1st Floor: Twin bunk bed + twin bed + twin trundle bed.

Turnkey and rental-furnished with Wi-Fi, XBOX gaming system, and assorted beach equipment.

Strong rental history, exceptional guest capacity, premier location, and an impressive resort-style outdoor space make this a standout investment opportunity on Anna Maria Island. PROVEN RENTAL INCOME • BERT HARRIS APPROVED • PRIME ANNA MARIA ISLAND LOCATION
Unit Size
2,532 Ft²
Days on Market
55 days
Land Size
0.17 acres
Price per sqft
$1,303
Property Type
House
Property Taxes
$2,793
HOA Dues
-
Year Built
1995

Listed By

Robyn Hawk
DUNCAN REAL ESTATE, INC.

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Stellar MLS #A4704769)

Price History

Date / Event Date Event Price
Sep 4, 2026 Listed by DUNCAN REAL ESTATE, INC. $3,300,000
Listed by DUNCAN REAL ESTATE, INC.
Dec 23, 2024 Sold
Sold
Dec 2, 2024 In contract -
In contract
Jun 9, 2024 Price Decreased $2,875,000
↓ $25K (0.9%)
Price Decreased
Mar 13, 2024 Listed by RE/MAX ALLIANCE GROUP $2,900,000
Listed by RE/MAX ALLIANCE GROUP
New look, new price! This 5 Bedroom Anna Maria Island home just completed a COASTAL REFRESH.  Come home to your Happy place at 508 Spring Avenue, nestled on stunning Anna Maria Island.  Located within one of the most prestigious areas on the island, it is just steps away from Pine Avenue, with its adorable shops, wonderful restaurants, and the famous Anna Maria Pier.  A short bike ride will get you to Bean Point.  This house represents one of the best values on the island.  A rental giant, grossing well over $200k in rental income, including time left for owner usage.  2024 has $166K booked (reflecting over 50 nights of owner use) and $51K already booked for 2025! One of the few properties in Anna Maria, which is Bert Harris approved, allowing up to 14 guests.  The home's recent renovations give it the quintessential coastal life vibe.  Set up with two separate gathering areas for family and friends, there are living rooms and private balconies on both the main floor and the upper floor.  New furniture has been added to both living rooms.  New flooring throughout along with new kitchen countertops! The backyard has a beautiful family pool, surrounded by coconut trees, that includes a shallow area for small children to walk in and play in as well as a built-in bar/table area for the adults. Adjacent to the pool is a recreation space with a flat panel tv, and foosball and ping pong tables.  This 5 bedroom, 4 bath home is turnkey rental furnished and ready for your enjoyment!  Don't miss out on this newly renovated beach house! The primary bedroom is a coastal paradise with a fantastic ensuite bathroom with a double vanity, a walk-in shower, and a soaking tub, and this room has access to the second-floor balcony. On each living floor is a King bedroom and a Bunk bedroom. The first-floor King bedroom has an ensuite bathroom with a walk-in shower, and on each floor is a hall bathroom with a shower and tub combination. Additionally, there is a Queen sleeper sofa and a Twin sleeper sofa. Room Details -Primary Bedroom, 2nd floor: King bed, balcony access, and ensuite bathroom with soaking tub and walk-in shower -Second Bedroom, 1st floor: King bed and ensuite bathroom with walk-in shower -Third Bedroom, 2nd floor: King Bed -Fourth Bedroom, 2nd floor: Twin Bunk bed and Twin bed -Fifth Bedroom, 1st floor: Twin Bunk bed and Twin bed -Living Area: One Queen and One Twin Sleeper Sofa The backyard is beautifully landscaped with coconut palms and native species. The heated lagoon pool has a built-in dining table, and there are plenty of Adirondack chairs and a BBQ grill on the pool deck. Adjacent to the pool area is a recreation room with a Flat Panel LED TV, Foosball Table, Ping Pong Table, and a comfortable large sitting area. This home is equipped with wireless Internet, a XBOX gaming system, and assorted beach items. Highlights • Private Pool • 10-minute walk to the beach • Ping Pong Table and Foosball table • Short walk to AMI City Pier, Pine Ave, and Bayfront Park
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Carport
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters, Eating Space In Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room
Rooms: 8
Exterior Details
Square Footage: 2532
Square Footage Source: $0
Architectural Style: Elevated, Florida
Year Built: 1995
Building Area Total: 4392
Levels: Two
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Patio and Porch Features: Deck
Pool Features: Heated, In Ground, Tile, Lighting
Pool is Private
Lot Features: Near Public Transit, Private, Flood Insurance Required
Lot Size Area: 7540
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7540
Lot Size Dimensions: 51.6 x 145
Tax Lot: 9
Water Source: Public
Financial Details
Tax Annual Amount: $33,512
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 20
  • Parking Space Count: 4
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 7,540
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 516
  • Total Building Area: 4,392
  • Gross Building Area: 4,392
  • Building Area: 2,532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,532
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANNA MARIA BEACH
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 9, BLK 2, ANNA MARIA BEACH PI#70028.0005/5

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001802

Zoning

  • Zoning: AM_R-2

Geography

  • Assessors Map Reference: 11I
  • Subdivision Tract Number: 06999300
  • Parcel: 70028-0005-5
  • Block: 2
  • Lot: 9
  • Meridian: SEC 18 TWN 34S RNG 16E
  • Municipality: ANNA MARIA
  • Latitude: 27.531
  • Longitude: -82.7324

    Address

  • Full Address: 508 Spring Ave
  • Address - House Number: 508
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Anna Maria
  • Zip Code: 34216

Valuation

    Tax

  • Total Area: 620
  • Tax Year: 2022
  • Tax Amount: $2,366,022
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 3,083,031
  • High Value: 3,608,623
  • Low Value: 2,557,438

    Market Valuation

  • Market Total Value: $2,577,062
  • Market Land Value: $880,447
  • Market Improvement Value: $1,696,615

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,577,062
  • Assessed Land Value: $880,447
  • Assessed Improvements Value: $1,696,615

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 17, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201841125301
  • Previous Sale Recording Date: Dec 29, 2011
  • Previous Sale Contract Date: Dec 27, 2011
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Anna Maria


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 101 Palm Avenue, ANNA MARIA, FL, 34216

$8,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
101 Palm Avenue #3, ANNA MARIA, FL, 34216 Listing by Becky O'Steen
Unit for rent at 401 N Shore Drive, ANNA MARIA, FL, 34216

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,680 ft²
401 N Shore Drive, ANNA MARIA, FL, 34216 Listing by David Marcinko
Unit for rent at 305 57th Street, FL, 34217

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
305 57th Street #B, FL, 34217 Listing by Jonathan O'Steen


Frequently Asked Questions

When was property at 508 Spring Avenue built and last sold?
The property at 508 Spring Avenue was built in 1995 and last sold on Dec 14, 2018 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 508 Spring Avenue is $3,333,000.
What are some comparable homes to 508 Spring Avenue?
There are currently no comparable homes to 508 Spring Avenue.

Neighborhoods