Listing Details for MLS #A4538444
505 Magnolia Avenue, Anna Maria Fl 34216, Anna Maria, Fl

Residential Property - Single Family Residence in Anna Maria

Listing Price: $5,975,000 (Mortgage Calculator →)Days on Market: 15

Description of Property

Welcome to “Castle Azul” (“Blue Castle”) a spacious waterfront home located close to the beach and steps to the bay on beautiful Anna Maria Island. This breathtaking custom home has been meticulously redone and will check off all the boxes for the most discriminating buyer. Every detail has been well thought out. This is not your typical beach house; Castle Azul greets you with a lavish modern Key West architecture. The grand entry and new landscaping provide beautiful curb appeal. Want to be impressed then step inside the open floor plan with exposed beams and 35-foot ceilings. Experience the abundance of natural light streaming through the windows. Indulge in the gorgeous views down the canal throughout the home. With the brand-new stainless-steel appliances, white cabinetry, and new stone countertops …the kitchen is sure to please any chef. The kitchen is fabulous with a chef style gas range, large island, and open plan design. Enjoy the comfy, easy, feeling this home invokes. The open floor plan allows for family time and entertaining. Castle Azul features 4 fully renovated bedrooms with 4 ensuite bathrooms. Oversized decks on all three levels, including one off the Master bedroom plus an elevator which makes access to all levels easy. After a full day on the sugary sands of the Gulf, take those much-needed siestas by the heated saltwater pool. If that's not enough, you can head over to the putting green to test your golf skills. End it all with a stop at Grotto AZUL, the newly installed bar on the dock for a drink while you watch the manatees roll by. The deep-water canal leads directly into the Tampa Bay with no bridges. Southwest views from the back peer over the Bimini Bay. Excellent boating water and boat storage on your 10,000 lb boat lift. There are two main levels of living space plus the ground level. Offered turnkey with all new high-end furnishings. The home was tastefully and professionally redesigned by Adrian Griffin Interiors. The ground level has a four-car garage, game room and flex space. The outdoor space is expertly laid out and landscaped to provide that glorious island paradise feeling. Bask in the pool or spa, layout in the sun and watch the mullet jump, or just be... happy. When you are motivated to leave, this is a great location just two blocks from the shops and restaurants on Pine Ave. Close to the beach and City Pier. Hop on the free trolley and explore everything the island has to offer. Vacation Rental rules are flexible with less than a week required in the Anna Maria City. Castle Azul is a desirable vacation rental with a projected net annual income of $200,000. Pack only your flip-flops and set your clock to island time. *Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent.The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $4,543,923. This single family residence is listed at about 131% of the average asking price. There are 3 4 bedroom/4 bath homes between $5,200,000 and $6,600,000 currently listed for sale in this Zip code. See other listings like this one »