Listing Details for MLS #A4688198
416 Magnolia Avenue, Anna Maria, Fl

Residential Property - Single Family Residence in Anna Maria

Listing Price: $1,090,000 (Mortgage Calculator →)

Description of Property

Located in the highly desirable Anna Maria zip code, this original 1979 two-bedroom, one-bath elevated home sits on a full, enclosed garage foundation and is positioned on an exceptionally large lot. The home is move-in ready while offering the opportunity for significant updates or customization. For buyers seeking an affordable, cost-effective structure that already meets flood elevation requirements, this property is an excellent option. With a generous 141-foot-deep lot, there is ample space to add a pool or create additional outdoor living features. Opportunities like this are becoming increasingly rare in Anna Maria—smaller homes that with a lower purchase costs, reduced taxes, insurance, and maintenance. Whether you choose to renovate the existing residence or take advantage of the expansive lot to build your dream home, this property provides multiple paths to achieve your vision.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $1,169,950. This single family residence is listed at about 93% of the average asking price. This is the only 2 bedroom/1 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.