Listing Details for MLS #A4513743
213 Magnolia Avenue, Anna Maria Fl 34216, Anna Maria, Fl

Residential Property - Single Family Residence in Anna Maria

SOLD for $2,725,000 on December 30, 2021

Listing Price: $2,900,000Sold Price: $2,725,000Sold Price/List Price: 94%Days on Market: 35

Description of Property

"Bermuda Bay" is a gorgeous home on the North end of Anna Maria Island. This fantastic luxury property features 5 bedrooms, 4 bathrooms, a private heated pool and spa, covered lanai and multiple decks for glimpses of the Gulf of Mexico. Experience true island living with this fabulous location. Just a short walk away from local shops and eateries, you are right in the middle of it all. The world renowned beaches of Anna Maria Island are just a block away. To explore the Southern end of the Island, simply take advantage of the free Island Trolley service that runs every 20 minutes from early mornings until late evenings. Walk over to Pine Avenue for some fantastic shopping and delicious local eating spots! This island home has been a high volume vacation rental property with over $200,000 in bookings, including owner usage, in 2021. The future owners of this home will also inherit well over $100,000 in future bookings for 2022! Despite the high frequency of occupants, the home has been well maintained inside and out. The tropical backyard features a pool-side bar under a covered lanai, a large flat screen TV, outdoor dining for 6, plus a Pool and Foosball table. The property is turnkey furnished and ready for family fun with bikes, an Xbox gaming system and a classic stand up Arcade game with over 200 different games. Enjoy stunning sunsets from the upper level balconies, windows and rooftop deck! Bright and colorful adirondack chairs adorn the many balconies and decks for that true island feel. Grab your favorite ice cold drink or your morning coffee and enjoy the beautiful sights, sounds and Gulf breezes. This beautiful island oasis is already a popular vacation rental property. Bert Harris approval for an occupancy of 12! Schedule your private tour and see what makes 'Bermuda Bay" an excellent investment property or second home.The average asking price for a 5 bedroom/4 bath single family residence in this Zip code is $3,744,900. This single family residence is listed at about 77% of the average asking price. This is the only 5 bedroom/4 bath single family residence between $2,600,000 and $3,200,000 currently listed for sale in this Zip code.