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  • MLS#: A4655511 ( Residential )
  • Street Address: 509 Pine Avenue A
  • Viewed: 1
  • Price: $2,500,000
  • Price sqft: $1,143
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 2187
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 10
  • Additional Information
  • Geolocation: 27.5315 / -82.7329
  • County: MANATEE
  • City: Anna Maria
  • Zipcode: 34216
  • Subdivision: Anna Maria Beach
  • Elementary School: Anna Maria
  • Middle School: Martha B. King
  • High School: Manatee
  • Provided by: RE/MAX ALLIANCE GROUP
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  • Description
    Income producing property or commercial opportunity prime pine avenue location! Attention investors and business minded buyers! 509 pine avenue offers a rare chance to own a dual zoned (residential/commercial) property in the heart of anna maria island ideal for those seeking immediate rental income, a business location, or the flexibility to do both. This fully remodeled, turnkey furnished property includes two separate dwellings on one lot: a 3 bedroom, 2 bath main residence and a 1 bedroom, 1 bath guest cottage with a full kitchen and private patio garden perfect for short term rental or commercial/retail conversion. This versatile property is already set up for income with future vacation rental bookings in place, or it can be easily transformed into a boutique, retail space, gallery, or office all within walking distance to one of anna marias highest foot traffic corridors. Outside, enjoy a heated inground pool and spa (hot tub) surrounded by privacy fencing, offering a relaxing atmosphere for guests or clients. The home has been extensively renovated top to bottom, including all new luxury vinyl plank flooring, subfloor, drywall, cabinetry, shelving, countertops, appliances, updated electrical, plumbing, and hvac systems, windows, interior doors, vanities, a refinished tub, washer/dryer, new gravel driveway, and new pool equipment. Even the beach gear is new! Located just off iconic pine avenue, youre steps from restaurants, specialty shops, galleries, and year round events that make this one of the most desirable and walkable spots on the island. Whether youre building your rental portfolio, launching a new island business, or doing both this move in ready property offers unmatched flexibility, visibility, and income potential. Used as a vacation rental so it is busy and can only be shown on turn over days to not disturb guest in place. Anna maria is nightly rental mang by a rental mang co. See attached rental projections of $200,000 a year income
Property Features
Possible Terms
  1. Cash
  2. Conventional
Appliances
  1. Dryer
  2. Dishwasher
  3. Microwave
  4. Range
  5. Refrigerator
  6. Washer
Home Owners Association Fee
  1. 0.00
Basement
  1. CrawlSpace
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
  2. Ductless
  3. CeilingFans
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Storage
Fencing
  1. Vinyl
Flooring
  1. CeramicTile
  2. LuxuryVinyl
Garage Spaces
  1. 0.00
Heating
  1. Electric
High School
  1. Manatee High
Insurance Expense
  1. 0.00
Interior Features
  1. CeilingFans
  2. EatInKitchen
  3. MainLevelPrimary
  4. OpenFloorplan
  5. SplitBedrooms
  6. SolidSurfaceCounters
  7. WindowTreatments
Legal Description
  1. LOT 17 BLK 2 ANNA MARIA BEACH PI#70033.0000/6
Levels
  1. One
Living Area
  1. 2187.00
Middle School
  1. Martha B. King Middle
Area Major
  1. 34216 - Anna Maria
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. SecondResidence
Parcel Number
  1. 7003300006
Pet Deposit
  1. 0.00
Pets Allowed
  1. Yes
Pool Features
  1. Gunite
  2. Heated
Property Type
  1. Residential
Roof
  1. BuiltUp
School Elementary
  1. Anna Maria Elementary
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Style
  1. Bungalow
  2. Cottage
  3. Coastal
  4. Ranch
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. MunicipalUtilities
View
  1. City
  2. Pool
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4655511
Water Source
  1. Public
Year Built
  1. 1922
Zoning Code
  1. ROR