Active

$2,500,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 2187 sq ft
Overview
  • ID: MFRA4655511
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 2187 sq ft
Property Details
Remarks
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 Maria’s 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, you’re 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 you’re 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.
Financial Considerations
Price:
$2,500,000
HOA Fee:
N/A
Tax Amount:
$24531.73
Price per SqFt:
$1143.12
Tax Legal Description:
LOT 17 BLK 2 ANNA MARIA BEACH PI#70033.0000/6
Exterior Features
Lot Size:
7540
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Built-Up
Pool:
Yes
Pool Features:
Gunite, Heated
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Electric
Cooling:
Central Air, Ductless
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1922
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sidewalk, Storage
Additional Features 2:
ANNA MARIA
Map
  • Address
    509 PINE AVE #A
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