527 Magnolia AVENUE, Anna Maria, FL, 34216 | $2,350,000

Step into your own personal paradise with this stunning 3-bedroom, 2-bathroom home boasting over 1900 square feet of luxurious living space. Nestled on the highly sought-after Anna Maria Island, this property offers an ideal retreat or investment opportunity. Enjoy spacious living with over 1900 square feet. There's ample room for relaxation and entertainment, ensuring comfort for you and your guests. Relax in generously sized bedrooms that provide both comfort and privacy, catering perfectly to families or hosting visitors. Revel in the convenience and elegance of two beautifully designed bathrooms. Unlock lucrative rental potential. This property is a well-established vacation rental, presenting an attractive opportunity for investors seeking lucrative rental income. Embrace canal access. Step into your backyard and access the canal, perfect for boating enthusiasts or those who appreciate waterfront living. Experience Bay proximity. Just steps away from the bay, immerse yourself in water activities, stunning sunsets, and the natural beauty of Anna Maria Island's coastal landscape. Whether you're seeking a permanent residence, a vacation home, or an investment property, this home offers the perfect blend of comfort, convenience, and coastal charm. Seize this opportunity and make your dreams of owning a slice of paradise on Anna Maria Island a reality. Contact us today to schedule a viewing and secure your piece of this coastal haven.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 115
  • Laundry: Laundry Closet, Laundry Room
  • Year Built: 1994
  • Garage: 2-car Covered, Garage Door Opener, Oversized, Under Building
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,924
  • Acreage: 0.2
  • Lot Size: 75 x 115
  • Est. Taxes: $23,209
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Manatee High
  • Pool: Gunite, Heated, In Ground
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4599287
  • Days on Market: 104 days
  • Website: https://www.raveis.com
    /eprop/A4599287/527magnoliaavenue_annamaria_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/16/2024 4:29:34 AM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The John Risica TeamSales Associates

401.743.5161

JohnRisicaTeam@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

527 Magnolia AVENUE, Anna Maria, FL, 34216

$2,350,000

The John Risica Team

Sales Associates

William Raveis Real Estate

Phone: 401.743.5161

JohnRisicaTeam@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,880,000 $1,880,000 $1,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.876% 6.850%
Monthly Tax Payment $1,934 $1,934 $1,934
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,508 $12,194 $16,506
Total Monthly Payment $14,567 $14,253 $18,565

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.