8 months on rocket

505 S Bay Blvd, Anna Maria, FL, 34216

$4,500,000

5 Bedrooms
5 Full Baths
3,202 SqFt
$1,405/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2014
HeatingCentral, Electric
CoolingCentral Air
WaterfrontGulf
Private PoolYes
MLS #T3509233
Lot Size0.17 Acres
StatusActive

About 505 S Bay Blvd

Discover your own piece of PARADISE on Anna Maria Island's North end with this stunning Custom Elevated-Built WATERFRONT home. Perfectly situated for easy access to Anna Maria Pier, pristine beaches, waterfront dining, and Pine Avenue's shopping delights, this home offers unparalleled convenience and BREATHTAKING VIEWS! Indulge in culinary delights in the gourmet kitchen featuring two expansive islands, amazing quartz countertops, and top-of-the-line appliances. With five spacious bedrooms, including 4 with private bathrooms, multiple living areas, and a bonus loft, this home offers ample space for RELAXATION and entertaining. Dive into LUXURY with a heated saltwater pool and enjoy boating adventures with the boat dock and lift on the canal. Eco-friendly features such as a rainwater cistern system and energy-efficient elements ensure sustainable living. Additional perks include an elevator servicing all floors, and dual garages with storage. With over $100k in vacation rental income and potential to exceed $200k annually, this turn-key ready home offers both a LUXURIOUS LIFESTYLE and investment opportunity. All furnishings are included, making it truly turnkey. This home, with a grandfathered clause allowing accommodation for up to 12 people instead of the current 8 person max capacity, presents an ideal VACATION GETAWAY with substantial rental income potential. Escape to WATERFRONT LIVING at its finest – schedule your private viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Living Area: 3,202 SqFt

Listing Office:

  • Office Name: INSTA REAL ESTATE SOLUTIONS
  • Office Phone: (813) 586-0654
  • Listing Agent: Kyle Miller

Interior Features

Interior Information:

  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Flooring Type: Bamboo, Ceramic Tile, Tile
  • Interior: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, L Dining, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • Exterior: Balcony, French Doors, Lighting, Outdoor Shower, Rain Barrel/Cistern(s), Rain Gutters, Sidewalk, Sprinkler Metered, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 505 S Bay Blvd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take US-41 S/S Tamiami Trail. Take FL-64 W/Manatee Ave W to S Bay Blvd in Anna Maria turn right destination will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000
  • Price Per SqFt: $1,405/SqFt

Tax Information:

  • Annual Amount: $24,890
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Anna Maria, FL.

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,122

Avg. Days On Market

96

# of Sold Homes

2

505 S Bay Blvd vs Anna Maria

256 DAYS ON ROCKET

+160 Days

$4,500,000

+$2.3M More

$1,405/SqFt

+$283 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $283/SqFt more than other homes in Anna Maria, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3509233

Listing Office:

  • Office Name: INSTA REAL ESTATE SOLUTIONS
  • Office Phone: (813) 586-0654
  • Listing Agent: Kyle Miller

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:19:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2013Home Sold
$350,000
Aug 10, 2000Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2020$24,890$1,518,440
2018$18,953$1,343,832
2017$18,953$1,216,590

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-407110
10
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 2.17 miles

  • Public District Grades PK-5

school-card-donut-407111
10
/10
  • Ida M. Stewart Elementary School

  • 7905 15th Ave NW

  • 5.43 miles

  • Public District Grades PK-5

school-card-donut-407112
8
/10
  • Palma Sola Elementary School

  • 6806 5th Ave NW

  • 6.22 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,698. Most Anna Maria, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 S Bay Blvd

What is the listing price of this property?

The listing price of 505 S Bay Blvd property is $4,500,000.

What type of property is this?

The property 505 S Bay Blvd is a house located in Anna Maria, Florida, 34216.

Is this property for sale now?

Active Listing: 505 S Bay Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $24,890 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 7, 2013 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Bay Blvd has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 505 S Bay Blvd is 3,202 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Bay Blvd is 2014.
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Rocket HomesFloridaManatee CountyAnna Maria34216505 S Bay Blvd

This home is located at 505 S Bay Blvd in Anna Maria, FL and zip code 34216 in the Anna Maria Island neighborhood. This 3,202 square foot home, which was built in 2014, sits on a 0.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $4,500,000.

In October 2024 more than 1 listings in Anna Maria, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. In October 2024 in Anna Maria, FL there were 11.4% less homes for sale than in September 2024. In October 2024 median list price was $2,155,000 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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