Active

$2,795,000

Features:
  • 4 Bedrooms
  • 5 Bathrooms
  • 2832 sq ft
Overview
  • ID: MFRA4644416
  • Bedrooms: 4
  • Bathrooms: 5
  • Size: 2832 sq ft
Property Details
Remarks
Imagine waking up to stunning views of the turquoise Gulf of America, with the soft white sand of Anna Maria Beach just 95 steps away. This extraordinary duplex offers a rare opportunity to own a piece of coastal paradise, with each side boasting over 1,500 square feet of luxurious living space, complete with two bedrooms, two bathrooms, and endless possibilities for expansion. Envision converting this stunning property into a 7-8 bedroom haven, perfect for large family gatherings, multi-generational living, or leave be for a lucrative rental investment. The options are endless, and the potential for return on investment is substantial. Each unit features over 1500 sqft, a private lanai, perfect for sipping coffee or enjoying a glass of wine while taking in the breathtaking views. The 4th-floor deck offers panoramic views from ocean and bay, complete with a sparkling saltwater pool and spa oasis. Additional features include private garages, direct elevator access, and beautifully appointed high-end kitchens and bathrooms. This coastal retreat has undergone a comprehensive transformation, with new Hardie siding, hurricane windows, and sliding doors, as well as a brand new roof being installed in April. The result is a stunning, low-maintenance property that exudes elegance and sophistication. Both apartments have been meticulously renovated, boasting sleek, high-end kitchens, luxurious bathrooms with large showers and Jacuzzi tubs, and hand-scraped random maple flooring throughout. One lanai has been beautifully fitted with outside plantation shutters, adding a touch of tropical charm. The two units, affectionately named Seahorse Dreams and Starfish Paradise, can be rented separately or together, making them perfect for large family gatherings, weddings, or corporate events. This property has a proven track record of success, generating significant rental income with nearly $200,000 in bookings in 2023. Future bookings are already in place, ensuring a steady stream of income for investors. In fact, the rental income highlights are impressive, with total gross bookings of $57,280 in 2022, $188,217 in 2023, $163,572 in 2024, and $76,276 year-to-date in 2025. The flexibility to rent each unit separately or together, with no minimum stay requirements, makes this property an attractive opportunity for those seeking a lucrative rental investment. Whether you're seeking a luxurious primary residence, a savvy investment opportunity, or a stunning second home, this breathtaking beachside duplex is sure to impress. Don't miss this rare chance to own a piece of coastal paradise.
Financial Considerations
Price:
$2,795,000
HOA Fee:
N/A
Tax Amount:
$30034.74
Price per SqFt:
$986.94
Tax Legal Description:
LOT 20 BLK 12 ILEXHURST PI#74450.0000/8
Exterior Features
Lot Size:
5001
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
Deck, Heated, In Ground
Interior Features
Bedrooms:
4
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile, Wood
Levels:
Three Or More
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2003
Construction Type:
Block, HardiPlank Type, Wood Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
Buyer and Buyer's Agent to verify with municipality.
Map
  • Address
    2300 AVENUE B
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