by Global Lifestyle Properties

See Home Value
$1,695,525
● House - Off Market

509 Spring AVENUE

ANNA MARIA, FL 34216
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,092 Ft²
$10,054
Est. Monthly
0.99%
Cap Rate

About This Property

Welcome to "ISLAND IN THE SUN" on beautiful Anna Maria Island. This property has been updated and offers a fantastic location on the north end of AMI. This turn-key furnished beach house offers 2 bedrooms/2 full bath / 1 half-bath & laundry room. The home sleeps 6 guest and solid rental history since 2021.  The gross rental history from 2023 was over $122,000 with over 46K in bookings for 2024 already.

This property is easy to enjoy and own and has been completely renovated in 2021 meeting the most up to date hurricane codes including new roof, new siding, windows, and doors. As you enter this newly renovated beach house you are greeted by an open concept great room that is overlooked by a designer kitchen. The great room offers vaulted ceilings that are custom with beautiful wood plank paneling, engineered hardwood flooring, and large impact glass windows and sliders that allow for ample natural sunlight. The coastal designed kitchen features white and sea blue shaker-style cabinets with a creative mermaid scale tile backsplash, crown molding, and gourmet appliances including French door refrigerator, range hood and center island. This property offers two Owner's suites: one offers a frameless glass enclosure and the other offers a tub/shower combo. Both ensuite baths offer luxury tile, designer fixtures and elegant accents. "Island in the Sun" invites for relaxing moments any time of the day, enjoy the gulf breeze and the Florida sunshine from the home's charming front and back porches with slider entry from the great room or both bedroom suites. This home defines outdoor living with an always inviting lagoon style pool, outdoor grill, and plenty of landscaping providing private relaxation. There's plenty of space in the backyard for entertaining family and friends. Island in the Sun is located just one block south of Pine Ave and just a few flip flop steps away from the City Pier Bay Beach and the popular restaurant - The Waterfront. The City Pier Bay Beach offers narrow white sand beaches, amazing views of the newly constructed City Pier, the Skyway Bridge and the boats traveling back and forth in Anna Maria Sound. Schedule your private showing today to see all this home has to offer! Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent.
Unit Size
1,092 Ft²
Days on Market
200 days
Land Size
0.17 acres
Price per sqft
$1,603
Property Type
House
Property Taxes
$1,460
HOA Dues
-
Year Built
1985

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A4594240)

Price History

Date / Event Date Event Price
Jul 22, 2024 Sold
Sold
Jun 4, 2024 In contract -
In contract
Feb 8, 2024 Price Decreased $1,750,000
↓ $100K (5.4%)
Price Decreased
Jan 4, 2024 Listed by SALTY MERMAID REAL ESTATE LLC $1,850,000
Listed by SALTY MERMAID REAL ESTATE LLC
Jun 8, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • 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: 2,696
  • Gross Building Area: 2,696
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,092
  • 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 17 BLK 1 ANNA MARIA BEACH PI#70004.0005/6

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: 70004-0005-6
  • Block: 1
  • Lot: 17
  • Meridian: SEC 18 TWN 34S RNG 16E
  • Municipality: ANNA MARIA
  • Latitude: 27.5309
  • Longitude: -82.7319

    Address

  • Full Address: 509 Spring Ave
  • Address - House Number: 509
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Anna Maria
  • Zip Code: 34216

Valuation

    Tax

  • Total Area: 924
  • Tax Year: 2022
  • Tax Amount: $1,336,196
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 1,738,178
  • High Value: 2,093,775
  • Low Value: 1,382,581

    Market Valuation

  • Market Total Value: $1,432,103
  • Market Land Value: $880,447
  • Market Improvement Value: $551,656

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,432,103
  • Assessed Land Value: $880,447
  • Assessed Improvements Value: $551,656

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201941050603
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 26, 2008
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 71
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 406 71st St, HOLMES BEACH, FL, 34217

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 2,061 ft²
406 71st St #A, HOLMES BEACH, FL, 34217 Listing by Rochelle Bowers


Frequently Asked Questions

When was property at 509 Spring Avenue built and last sold?
The property at 509 Spring Avenue was built in 1985 and last sold on May 20, 2019 for $702,000.
How much is this home worth?
The estimated value of the home located at 509 Spring Avenue is $1,667,807.
What are some comparable homes to 509 Spring Avenue?
There are currently no comparable homes to 509 Spring Avenue.

Neighborhoods