$1,302,000
$1,485,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
216 MAGNOLIA AVE #A Anna Maria, FL 34216
1,642 SqFt
Key Details
Sold Price $1,302,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,642 sqft
Price per Sqft $792
Subdivision Anna Maria Beach
MLS Listing ID U8211360
Sold Date 12/08/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $13,437
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 97x87
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).
Location
State FL
County Manatee
Community Anna Maria Beach
Zoning R2
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo
Fireplace false
Appliance Dishwasher, Microwave, Range
Laundry In Garage
Exterior
Exterior Feature Outdoor Shower, Sidewalk
Parking Features Driveway, Garage Door Opener
Garage Spaces 1.0
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot, FloodZone, City Limits, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Manatee High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Auction, Real Estate Owned
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Bought with RE/MAX ALLIANCE GROUP