NOT LISTED FOR SALE

109 Palm Ave Anna Maria, FL 34216

Estimated Value: $2,709,000 - $2,977,000

4 Beds
4 Baths
2,304 Sq Ft
$1,237/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $2,500,000 $1,085 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $18,509/month

58 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Deck
  • Anna Maria Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Palmetto Ave Beach

About This Home

As of January 2021

100 Steps to the BEACH, this luxury vacation rental "Water Colors" was completely renovated in 2015 as the perfect coastal retreat. This elegant home is a stunning and turnkey furnished four-bedroom seaside escape with glorious views of the Gulf of Mexico. Decorated throughout with the colors of the sea, it is the ultimate in relaxation. "Watercolors" is currently in a successful rental program with a valuable book of business! Numerous luxury finishes including hardwood flooring throughout, quartz counter tops in the kitchen and baths, custom tile in baths, an elevator, bead board paneling and wainscoting. The open floor plan is perfect for keeping your group together while preparing a meal in the gourmet kitchen. The home is complete with an upgraded kitchen with high end appliances. Enjoy the roof top deck where you'll witness colorful sunrises and sunsets each day. The master bedroom opens to a full sundeck with beautiful views of the Gulf. The private backyard is calm and serene featuring a large heated pool and spa with travertine decking. Kick back on the covered balconies, dine in the poolside lounge area, or take advantage of the 360-degree views from the rooftop deck. Just three houses to the beach “Water Colors” sets the stage for the perfect Anna Maria Island vacation! Your vacation renters will love this home, steps to the beach and convenient to restaurants and shopping. Great for an island investor or for a second and third home. Call for your private showing today.

Last Agent to Sell the Property

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY License #3387020 Listed on: 10/23/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Billi Gartman

ANNA MARIA LIFE REAL ESTATE License #3258158

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,295

Year Built

  • Built in 1987

Lot Details

  • 5,502 Sq Ft Lot
  • Lot Dimensions are 50x110
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Garden

Home Design

  • Key West Architecture
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2,304 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Loft
  • Utility Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Sweep
  • Auto Pool Cleaner
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Anna Maria Beach Community

Listing and Financial Details

  • Legal Lot and Block 10 / 31
  • Assessor Parcel Number 7027600001

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,295

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Water View: Yes
  • Construction Materials: Block, Cement Siding, Wood Frame
  • Living Area: 2304.00
  • Lot Size Acres: 0.13
  • Year Built: 1987
  • Building Area Total: 4200.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481814?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481814?w=Customer
  • Lot Size Sq Ft: 5502
  • Building Search Sq Meters: 390.19
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481814?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 10
  • Living Area Units: Square Feet
  • Additional Rooms: Family Room, Great Room, Inside Utility, Loft
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Insulated Windows, Shutters, Thermal Windows
  • Living Area Meters: 214.05

Exterior Features

  • Direction Faces: North
  • Water Access: Beach - Public
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Pool Sweep
  • Exterior Features: Balcony, Fenced, French Doors, Lighting, Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Water View: Gulf/Ocean - Partial
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Water Access: Yes
  • Pool Private: Yes
  • View: Garden
  • Water Body Name: GULF OF MEXICO
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Anna Maria Beach
  • Pet Restrictions: As Per Manatee County Ordinances

Schools

  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Manatee High
  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R2
  • Parcel Number: 7027600001
  • Lot Features: FloodZone, Near Public Transit, Street Paved
  • Lot Dimensions: 50x110
  • Lot Size Square Meters: 511

Rental Info

  • Minimum Lease: No Minimum
  • Exist Lse Tenant: Yes
  • Furnished: Turnkey
  • Month To Month Or Weekly: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 16295.45
  • Tax Block: 31
  • Tax Book Number: 1-211
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Jan 26, 2021
Sold by
Nisi Kurt W and Nisi Laura
Bought by
Palm Avenue Rentals Llc
Seller's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Billi Gartman
ANNA MARIA LIFE REAL ESTATE
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$2,851,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,061
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 31, 2013
Sold by
109 Palm Gulf View Llc
Bought by
Nisi Kurt W and Nisi Laura
Seller's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
Buyer's Agent
John Damato, II
SATO REAL ESTATE INC.
List Price
$779,000
Sold Price
$767,000
Premium/Discount to List
-$12,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$570,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2013
Sold by
Carlson Rosemary and Restated Mary A Ridgdill Trust
Bought by
109 Palm Gulf View Llc

Purchase Details

Closed on
Sep 3, 2009
Sold by
Ridgdill Mary A and Ridgdill Paul H
Bought by
Ridgdill Carlson Rosemary and Ridgdill Restated Mary A
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palm Avenue Rentals Llc $2,500,000 Attorney
Nisi Kurt W $767,000 Attorney
109 Palm Gulf View Llc $625,000 Attorney
Ridgdill Carlson Rosemary -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Avenue Rentals Llc $1,625,000
Previous Owner Nisi Kurt W $570,000
Previous Owner Ridgdill Mary $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $2,500,000 +0.2% $1,085 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $2,495,000 +225.3% $1,083 / Sq Ft
06/04/2013 06/04/13 Sold $767,000 0.0% $595 / Sq Ft
03/15/2013 03/15/13 Off Market $767,000 -- --
02/12/2013 02/12/13 For Sale $779,000 -- $604 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $39,831 $2,435,746 $1,115,625 $1,320,121
2024 $39,831 $2,708,914 $1,115,625 $1,593,289
2023 $39,678 $2,721,505 $1,115,625 $1,605,880
2022 $33,792 $2,165,854 $667,000 $1,498,854
2021 $18,596 $1,266,924 $603,750 $663,174
2020 $17,232 $1,080,299 $537,500 $542,799
2019 $16,295 $1,040,299 $497,500 $542,799
2018 $15,085 $949,401 $497,500 $451,901
2017 $13,330 $894,543 $0 $0
2016 $12,614 $839,356 $0 $0
2015 $9,375 $518,620 $0 $0
2014 $9,375 $543,269 $0 $0
2013 $9,187 $531,702 $353,850 $177,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481814

Stellar MLS

APN: 70276-0000-1