216 Magnolia Avenue Unit A, Anna Maria, FL 34216

$1,485,000
1,642
SqFt
List Price
$1,485,000
Price Change
▼ $40,000 1697043544
Status
PENDING
MLS#
U8211360
Sq. Ft
1,642
Acres
0.19
Year Built
1968
Subdivision
Anna Maria Beach
Days on Market
60

Property Description

Auction Property. Excellent opportunity to own this Tropical Paradise just a short stroll to the pristine beaches on the north end of ANNA MARIA ISLAND! This Duplex is on an over-sized corner lot and features a bright and spacious 2BR 1BA unit with terrazzo flooring, open kitchen with corian counters and dining area, enclosed Florida room which could easily be used as a 3rd BR providing additional rental income, plus attached private 1 car garage with laundry. The second unit is a charming 1BR 1BA, corian counters in the kitchen with a bar top and eating space and terrazzo flooring throughout. The enormous backyard has a patio where you can relax, barbeque, catch some rays and indulge in the island lifestyle! This Duplex provides the potential to live in one unit and rent out the other, rent both units or explore the possibility with the City's Building Dept. per current FEMA guidelines for a condo or SFR conversion or tear down and build an elevated SFR on this huge 8,438 sq. ft. lot and design your own perfect piece of heaven! Each unit has its own electric meter and the water meter is shared. The Island of Anna Maria has NO RENTAL RESTRICTIONS and this amazing property is just 2 blocks to the quaint boutiques and local cuisine on Historic Pine Ave. Take in the sights and explore the entire island by bike, golf cart or hop on the FREE trolley and visit the beautiful sugar sand beaches, Rod & Reel Pier, Bayfront Park, art gallery, museum, community center or plan a fishing charter and soak up all the beauty of this magical island! Just 9 miles to Longboat Key and a 40 minute drive to the Sarasota/Bradenton airport and I-75. Don’t miss this fantastic chance to add this gem to your investment portfolio and embrace a laid back atmosphere and experience the Island Lifestyle! (AUCTION DATE: 10/22 - 10/25).

Additional Information

Price Per Sqft
$904
Days on Market
60
Tax Year
2022
Style
Attached
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
Exterior Features
Outdoor Shower, Sidewalk
Appliances
Dishwasher, Microwave, Range
Foundation
Slab
Construction
Block
Roof
Shingle
Garage Spaces
1
Heating
Central, Electric
Cooling
Central Air
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Rose Brown |

Office: FUTURE HOME REALTY INC |

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