$2,500,000

FOR SALE

509 Pine Ave #a

Anna Maria, Fl, 34216

MLS #A4655511

Subdivision: Anna Maria Beach

Building: 509 Pine Avenue

4 Beds

3/- Baths

2187 sqft

$ 1,143.12 /sqft

Property Details

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

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Restrictions
-
Furnished
Furnished
Flooring
Ceramic Tile, Luxury Vinyl
No. of Floor
-
Terms Considered
Cash, Conventional
Year Built
1922
Cooling
Central Air, Ductless
Pets Allowed
Yes
Amenities
-
Interior
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Window Treatments
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Block, Frame
Security
-
Heating
Electric
Garage/Carport
-
Dining Area
-
Exterior
Sidewalk, Storage
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
1
Gated Community
-
Status
A
Listing Office
REMAX ALLIANCE GROUP

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Listing Courtesy of: REMAX ALLIANCE GROUP