tomo logo

$3,390,000

Beds
5
Baths
4.5
sq ft
2,925

110 Spring Ave, Anna Maria, FL 34216

110 Spring Ave

ANNA MARIA, FL 34216

  • 64 days on market
Welcome to your dream beach home on Anna Maria Island, where luxury meets laid-back island living. This beautifully renovated and reimagined 5-bedroom, 4.5-bathroom retreat is just steps from the pristine sandy shores, offering the perfect blend of elegance and coastal charm. As you step into the inviting foyer on the ground floor, you have the option to take the staircase or the newly installed elevator to the main living space on the third floor. Here, you'll be greeted by a bright, open area featuring a spacious and breezy balcony with stunning Gulf views. The light-filled interior boasts a seamless flow, perfect for enjoying the relaxed beach lifestyle. The heart of the home is the gourmet kitchen, boasting high-end KitchenAid appliances, designer cabinets, and sleek quartz countertops. Whether you're preparing a casual meal or entertaining guests, this kitchen is sure to impress. The spacious dining area and family room on this level create an ideal setting for gatherings and relaxation. The second floor houses the luxurious master suite, offering a private balcony and a spa-like en-suite bathroom. A guest suite and laundry room are also located on this floor, providing comfort and privacy for all. The ground floor features three additional bedrooms, one with a private en-suite, providing ample space for family and guests. This level also includes access to the fenced backyard oasis, complete with a large spa, tiki bar, and outdoor kitchen. This is your personal paradise for hosting barbecues, relaxing with a drink, or soaking up the sun in total privacy. This home is fully furnished with tasteful, high-quality furnishings that complement its beachy yet sophisticated style. Recent upgrades include a new metal roof, impact windows and doors, new plumbing, and the modern elevator, ensuring convenience and peace of mind. Located in the heart of Anna Maria Island, this property is perfectly positioned for enjoying all the island has to offer. You're just steps from the iconic Sandbar Restaurant and one block from historic Pine Avenue, with its charming shops, eateries, and local attractions. Currently used as a successful short-term rental with local management, this home is a fantastic investment opportunity or a dream residence for those seeking the ultimate beach lifestyle. Discover the perfect blend of luxury and relaxed coastal living in this exceptional Anna Maria Island home. Schedule your private tour today and experience the magic of island life!

Details

Property type

Single Family Residence

Est. home value

$4,661,012

Lot size

7,396 sq ft

Price per sq ft

$1,159

Year built

1996

Annual property taxes

$36,917.91

Price History

07/16/2024
StellarMLS

StellarMLS #A4617145

Listed
$3,390,000
-1.74%
07/13/2024
StellarMLS

StellarMLS #A4578486

Removed
$3,450,000
06/18/2024
StellarMLS

StellarMLS #A4578486

Price change
$3,450,000
-10.39%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Manatee High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,870,065
Asking price
$3,390,000
Closing costs (~8% of asking)
-$271,200
Est. remaining loan balance
-$1,248,735
Cash to seller
$1,870,065

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vast Bank Na

Loan start date

February 2021

Original loan amount

$1,360,000

Est. remaining balance

$1,248,735

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ratnamani Lingamallu and Sushma Nakka

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
StellarMLS
$3,550,000
5 bd
|
4 ba
|
3,735 sq ft
|
House

405 28th St, Holmes Beach, FL 34217

StellarMLS
$3,150,000
5 bd
|
4 ba
|
2,892 sq ft
|
House

4101 4th Ave, Holmes Beach, FL 34217

Price drop
StellarMLS
$3,550,000
4 bd
|
5 ba
|
2,788 sq ft
|
House

211 81st St Unit B, Holmes Beach, FL 34217

Status: Active

Tomo last checked: 09/18/2024 at 7:50 PM

Listing updated: 09/11/2024 at 1:59 PM

Listed by: Ashley Guttridge-Sanders, KELLER WILLIAMS CLASSIC GROUP Phone #: (941) 900-4151

MLS: StellarMLS #A4617145

StellarMLS logo

Recently listed in ANNA MARIA

$4,896,000|5 bd|5.0 ba|House
$1,449,000|2 bd|2.0 ba|House
$3,450,000|4 bd|4.0 ba|House
$3,499,000|4 bd|4.5 ba|House
$6,995,000|6 bd|6.5 ba|House
$3,995,000|6 bd|6.5 ba|House
$1,370,000|2 bd|2.0 ba|House
$4,500,000|4 bd|4.0 ba|House
$4,950,000|3 bd|2.0 ba|House