Active

$6,400,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1760 sq ft
Overview
  • ID: MFRT3500755
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1760 sq ft
Property Details
Remarks
Sitting on nearly an acre along the Gulf of Mexico, this property offers a unique canvas for coastal living and OPTIONS! With this property, comes approved pre-construction plans to build your dream house. It is designed with hints of Frank Lloyd Wright and brought to life by the award-winning design firm GAA Architect I Interior Design, based in Coral Gables. Once built, this gorgeous home will stand the test of time with class, elegance, and style. From the sturdy pilings to a solid two-story structure, every detail exudes craftsmanship. The property extends to the water's edge, providing panoramic views from every room and balcony. Not yet ready to build? The existing beach cottage generated an income of over $256,000 in 2023 and already has almost $190,000 in bookings for 2024. It is a 3/3 in the main house and a 1/1 guest house. All bedrooms are en-suite with two having direct beach access. This coastal gem is close to all Pine Ave shops, restaurants and Piers on the Bay. You or your tenants can enjoy island living while having the constant presence of the waters of the Gulf of Mexico in your sight. This income-generating potential makes it a unique investment on Anna Maria Island. Don't miss this opportunity… a rental income stream and/or a place to quickly build your beach paradise.
Financial Considerations
Price:
$6,400,000
HOA Fee:
N/A
Tax Amount:
$36246.85
Price per SqFt:
$3636.36
Tax Legal Description:
COM AT THE SELY COR OF LOT 7 BLK 16 SECOND ADDITION TO SHORE ACRES, PB 7 PG 29 PRMCF; SD POINT BEING THE POINT AT WHICH THE LN DIVIDING LOTS 6 & 7 OF SD SHORES ACRES INT THE WLY LN OF NORTH SHORE DRIVE; RUN TH N 24 DEG 05 MIN W ALG THE ELY LN OF LOT 7 AND ALG THE WLY LN OF NORTH SHORE DRIVE A DISTANCE OF 10 FT TO A POINT; SD POINT BEING THE POB; TH CONT N 24 DEG
Exterior Features
Lot Size:
39493
Lot Features:
CoastalConstruction Control Line, Flood Insurance Required
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1952
Construction Type:
Wood Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Outdoor Grill, Rain Gutters, Sliding Doors
Additional Features 2:
City Restrictions
Map
  • Address
    759 N SHORE DR
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