216 Magnolia Avenue Unit A, Anna Maria, FL 34216

$1,302,000
1,642
SqFt
Sold Price
$1,302,000
List Price
$1,485,000
Status
Sold
Days on Market
60
Closing Date
Dec 08, 2023
MLS#
U8211360
Foreclosure
Yes
Property Style
Duplex
Year Built
1968
Living Area
1,642
Lot Size
8,438
Acres
0.19
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Anna Maria Beach
Community Name
Anna Maria Beach
MLS Area Major
Anna Maria

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

Taxes
$13437
Location
Corner Lot, FloodZone, City Limits, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
One Story, Attached
Zoning
R2
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
Floor
Terrazzo
Appliances
Dishwasher, Microwave, Range
Utilities
Electricity Available, Sewer Available, Water Available
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Outdoor Shower, Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Driveway, Garage Door Opener
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Manatee High
Flood Zone Code
AE
Parcel ID
7016200159
Legal Description
LOTS 1,2 LESS THE NWLY 50 FT THEREOF BLK 20 ANNA MARIA BEACH PI#70162.0015/9

Mortgage Calculator

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Listing courtesy of FUTURE HOME REALTY INC. Selling Office: RE/MAX ALLIANCE GROUP.

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