509 Spring AVENUE, Anna Maria, FL, 34216 | $1,750,000

Welcome to “ISLAND IN THE SUN” on beautiful Anna Maria Island. This property has been updated and offers a fantastic location on the north end of AMI. This turn-key furnished beach house offers 2 bedrooms/2 full bath / 1 half-bath & laundry room. The home sleeps 6 guest and solid rental history since 2021. The gross rental history from 2023 was over $122, 000 with over 46K in bookings for 2024 already.
This property is easy to enjoy and own and has been completely renovated in 2021 meeting the most up to date hurricane codes including new roof, new siding, windows, and doors. As you enter this newly renovated beach house you are greeted by an open concept great room that is overlooked by a designer kitchen. The great room offers vaulted ceilings that are custom with beautiful wood plank paneling, engineered hardwood flooring, and large impact glass windows and sliders that allow for ample natural sunlight. The coastal designed kitchen features white and sea blue shaker-style cabinets with a creative mermaid scale tile backsplash, crown molding, and gourmet appliances including French door refrigerator, range hood and center island. This property offers two Owner's suites: one offers a frameless glass enclosure and the other offers a tub/shower combo. Both ensuite baths offer luxury tile, designer fixtures and elegant accents. "Island in the Sun" invites for relaxing moments any time of the day, enjoy the gulf breeze and the Florida sunshine from the home's charming front and back porches with slider entry from the great room or both bedroom suites. This home defines outdoor living with an always inviting lagoon style pool, outdoor grill, and plenty of landscaping providing private relaxation. There's plenty of space in the backyard for entertaining family and friends. Island in the Sun is located just one block south of Pine Ave and just a few flip flop steps away from the City Pier Bay Beach and the popular restaurant - The Waterfront. The City Pier Bay Beach offers narrow white sand beaches, amazing views of the newly constructed City Pier, the Skyway Bridge and the boats traveling back and forth in Anna Maria Sound. Schedule your private showing today to see all this home has to offer! Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Style: Elevated
  • Year Built: 1985
  • Garage: Covered
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,092
  • Acreage: 0.17
  • Est. Taxes: $17,523
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped
  • View: Garden, Pool
  • Pool: Heated, In Ground
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4594240
  • Days on Market: 147 days
  • Website: https://www.raveis.com
    /eprop/A4594240/509springavenue_annamaria_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/31/2024 8:32:11 PM)
Listing courtesy of SALTY MERMAID REAL ESTATE LLC   Phone: 941-224-3304

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NMLS Mortgage Loan Originator ID 16953

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509 Spring AVENUE, Anna Maria, FL, 34216

$1,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,400,000 $1,400,000 $1,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $1,460 $1,460 $1,460
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,432 $9,314 $12,486
Total Monthly Payment $11,017 $10,899 $14,071

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.