Active

$1,950,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1416 sq ft
Overview
  • ID: MFRA4701660
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1416 sq ft
Property Details
Remarks
An income-producing opportunity in the heart of Anna Maria Island. This 4-bedroom, 4-bathroom duplex sits on coveted North Shore — steps from the boutiques, cafés, and galleries of Pine Avenue and minutes from the Gulf's world-famous sugar-white beaches. Blue Lagoon operates as a vacation rental with a proven track record, a loyal returning guest base, and confirmed reservations already booked into 2027. The property features a large heated pool, private outdoor entertaining areas in-unit washers/dryers, and an on-site EV charger. The duplex can be rented as two separate units or opened via an interior connecting door to accommodate larger groups, maximizing both flexibility and revenue potential year-round. Bert Harris Agreement — A Significant Asset This property benefits from a Bert Harris Private Property Rights Agreement with the City of Anna Maria. When the city enacted its vacation rental ordinance limiting all short-term rentals to a maximum occupancy of 8 guests regardless of home size, many property owners successfully filed claims under Florida's Bert J. Harris Jr. Private Property Rights Protection Act, a state law that protects owners when a local government action reduces the value of their property. Through a negotiated settlement, this property secured the right to host up to 12 guests, well above the city's standard cap. This agreement transfers with the property and represents a meaningful competitive and financial advantage that cannot easily be replicated by new purchasers today. A true turnkey investment in one of Florida's most sought-after island destinations.
Financial Considerations
Price:
$1,950,000
HOA Fee:
N/A
Tax Amount:
$14675
Price per SqFt:
$1377.12
Tax Legal Description:
LOT 14 BIMINI BAY COLONY CLUB SUB PI#70591.0000/3
Exterior Features
Lot Size:
8320
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Electric, Exhaust Fan
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outdoor Grill, Private Entrance
Additional Features 2:
Refer to the City of Anna Maria Vacation Rentals Ordinance - Property is licensed for a Maximum of 12 Guests
Map
  • Address
    76 N SHORE DR
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