tomo logo

$1,700,000

Beds
3
Baths
2.0
sq ft
1,424

313 Magnolia Ave, Anna Maria, FL 34216

313 Magnolia Ave

ANNA MARIA, FL 34216

  • <1 day on market
Welcome to your dream getaway on Anna Maria Island! THIS HOME HAS A BRAND NEW ROOF! Nestled in a prime location midway between the enchanting Tampa Bay and the pristine Gulf of Mexico waters, this meticulously maintained home offers the perfect blend of convenience and relaxation. Unbeatable location that allows you to stroll effortlessly to Anna Maria's hotspots, from Ginny's to the iconic Sandbar, Two Scoops, the charming Donut Shop, and a plethora of other shops and restaurants. The local trolley system, easily accessible, lets you explore the entire seven-mile-long island with ease. This thoughtfully designed home boasts three bedrooms for guests, two well-appointed bathrooms, and a spacious open living, dining, and kitchen area with a cathedral ceiling. The kitchen is a chef's delight, featuring updated cabinets and granite countertops and a center island with breakfast bar. Additional updates include a new pool heater installed in 2015, guaranteeing year-round comfort for water enthusiasts. In 2019, all-new flooring was added throughout the house, enhancing the overall aesthetic and comfort. After a day of sun-soaked adventures, return to your private tropical oasis and indulge in a refreshing dip in the generously sized heated pool and spa. The sprawling backyard provides the ideal setting for relaxation and unwinding. Offered turnkey furnished, this home is not only a delightful retreat but also a savvy investment opportunity. With a proven track record of income generation and repeat bookings in place, it's a seamless transition into the vibrant vacation rental market. Pack your bathing suits and immerse yourself in the laid-back luxury of Anna Maria Island – your slice of paradise awaits!

Details

Property type

Single Family Residence

Est. home value

$1,968,898

Lot size

8,320 sq ft

Price per sq ft

$1,194

Year built

1985

Annual property taxes

$19,130

HOA

No

Price History

03/13/2025
StellarMLS

StellarMLS #A4643248

Listed
$1,700,000
-8.11%
05/28/2024
StellarMLS

StellarMLS #A4591737

Removed
$1,850,000
12/08/2023
StellarMLS

StellarMLS #A4591737

Listed
$1,850,000
+277.55%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,227,280
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$336,720
Cash to seller
$1,227,280

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

November 2019

Original loan amount

$377,000

Est. remaining balance

$336,720

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Mukesh Patel

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?

Status: Active

Tomo last checked: 03/14/2025 at 9:50 AM

Listing updated: 03/14/2025 at 6:51 AM

Listed by: Christy Travis, RE/MAX ALLIANCE GROUP Phone #: (941) 758-7777

MLS: StellarMLS #A4643248

StellarMLS logo

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