8 months on rocket

508 Spring Ave, Anna Maria, FL, 34216

$2,875,000

5 Bedrooms
4 Full Baths
2,532 SqFt
$1,135/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1995
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #A4603232
Lot Size0.17 Acres
StatusActive

About 508 Spring Ave

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

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Living Area: 2,532 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 778-7777
  • Listing Agent: Shauna Ruby

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 508 Spring Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Gulf Dr to East on Spring Ave, house on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,875,000
  • Price Per SqFt: $1,135/SqFt

Tax Information:

  • Annual Amount: $17,288
  • 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

508 Spring Ave vs Anna Maria

248 DAYS ON ROCKET

+152 Days

$2,875,000

+$720K More

$1,135/SqFt

+$13 More

KEY TAKEAWAY

This property is $720K more than the Median Sold Price and $13/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: #A4603232

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 778-7777
  • Listing Agent: Shauna Ruby

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

Dec 17, 2018Home Sold
$1,275,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,288$1,044,272
2018$13,401$917,805
2017$13,402$857,852

History based on county public records data.

Payment Calculator

$14.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,686

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-392125
10
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 2.35 miles

  • Public District Grades PK-5

school-card-donut-392126
10
/10
  • Ida M. Stewart Elementary School

  • 7905 15th Ave NW

  • 5.73 miles

  • Public District Grades PK-5

school-card-donut-392127
8
/10
  • Palma Sola Elementary School

  • 6806 5th Ave NW

  • 6.51 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,822. Most Anna Maria, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Spring Ave

What is the listing price of this property?

The listing price of 508 Spring Ave property is $2,875,000.

What type of property is this?

The property 508 Spring Ave is a house located in Anna Maria, Florida, 34216.

Is this property for sale now?

Active Listing: 508 Spring Ave 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 $17,288 (source: MLS/based on county public records data).

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

The last sale was on December 17, 2018 for $1,275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 508 Spring Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 508 Spring Ave is 2,532 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Spring Ave is 1995.
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Rocket HomesFloridaManatee CountyAnna Maria34216508 Spring Ave

This home is located at 508 Spring Ave in Anna Maria, FL and zip code 34216 in the Anna Maria Island neighborhood. This 2,532 square foot home, which was built in 1995, sits on a 0.17 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $2,875,000.

While more than 1 listings in Anna Maria, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of listings in Anna Maria, FL decreased by 11.4% between September 2024 and October 2024. In October 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $2,155,000.

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

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