514 Magnolia AVENUE, Anna Maria, FL, 34216 | $2,659,000

Welcome to your custom-built beach retreat, a testament to exquisite craftsmanship and coastal elegance, curated by the renowned award-winning builder, Ross Built Custom Homes—one of Florida's top custom home artisans. This exceptional residence sets itself apart with meticulous attention to details that elevate its allure, featuring solid wood interior doors adorned with opulent bronze and crystal hardware, along with an array of premium accents—elegant extra-wide crown molding, baseboards, window and door casings, stylish window muntin detail, tongue & groove walls, and inviting wood flooring throughout. The flexible den/office makes this spacious home live like a 4-bedroom if needed. Beautifully furnished and outfitted for you to move right in and begin living the Florida lifestyle. The expansive Great Room welcomes you with comfort and charm, offering a perfect space to gather, unwind, and entertain. A charming half-bath, adorned with timeless penny tile floors, discreetly adjoins the room for added convenience. At the heart of this coastal haven is the chef's dream kitchen-featuring 42-inch solid wood KraftMaid cabinetry, equipped with convenient slide-outs and a generously sized closet pantry, harmonizing flawlessly with sleek quartz countertops. The seamless continuation of wood flooring into the dining room creates an inviting ambiance that perfectly complements the stylish design. Retreat into the spa-like bathrooms adorned with exquisite solid wood cabinetry and luxurious walk-in spa showers, inviting you to unwind in a serene oasis of relaxation and rejuvenation. You will indulge in outdoor living at its finest with expansive front and back porches boasting all-weather composite decking, welded aluminum railings, and stunning wood tongue & groove ceilings. Enjoy the gentle sea breeze while savoring moments of tranquility and sounds of island life. Your private sanctuary awaits outdoors—a resort-style heated saltwater pool beckons, complete with a swim-up sitting spot and sun shelf. Encircled by ample paver areas, immerse yourself in the lush tropical greenery that envelops this haven, ensuring absolute privacy and serenity. Professional landscape lighting adds to the ambiance of this personal oasis for your enjoyment long into the evening hours. Nestled within Anna Maria Island's coveted "North End, " this haven places you moments away from the pristine gulf and bayside beaches, easily accessible by a leisurely stroll in either direction. Nearby, The Center of Anna Maria offers a hub for community engagement with wellness programs for all ages. Just a short block away lies Pine Avenue, adorned with shops and eateries exuding an Old Florida charm, alongside the historic Anna Maria City pier. Getting around the island is effortless, whether by foot, bike, golf cart, or the complimentary Island-wide trolley that traverses the length of the island. Escape to this coastal paradise—a meticulously designed home offering unparalleled comfort, refined style, and the quintessential haven for exquisite seaside living. Ideal for your own personal retreat or an outstanding investment property.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 51.6 x 145
  • Laundry: Inside, Laundry Room
  • Style: Elevated, Key West
  • Year Built: 2014
  • Garage: 4-car Driveway, Garage Door Opener, Oversized, Tandem, Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,120
  • Acreage: 0.17
  • Lot Size: 51.6 x 145
  • Est. Taxes: $23,404
  • Lot Desc: FloodZone
  • View: Garden, Pool, Water
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4592338
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /eprop/A4592338/514magnoliaavenue_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 5/21/2024 9:17:07 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-748-6300

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

514 Magnolia AVENUE, Anna Maria, FL, 34216

$2,659,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,127,200 $2,127,200 $2,127,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment $1,950 $1,950 $1,950
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,511 $13,974 $18,972
Total Monthly Payment $16,586 $16,049 $21,047

* 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.