511 South DRIVE, #A, Anna Maria, FL, 34216 | $3,495,000

Under contract-accepting backup offers. Tranquil, beautiful, relaxing, inviting, unique and full of life are just a few of the words that will come to mind when you walk into 511 South Drive in Anna Maria. Once featured in SRQ magazine, this amazing 3 bedroom, 2. 5 bathroom home at the very end of the street has 180 feet of water that gives you spectacular views of Bimini Bay and all it has to offer; the birds, the dolphins, the manatees and more. 511 South Drive sits on just over 20, 000 sqft and is nestled at the end cap of the canal. This unique home was completely remodeled in 2013 and transformed into what you see today. You will feel its character the second you pull into the driveway and as you walk through the front gate into the courtyard full of plants, flowers, mature trees and a small pond with goldfish. As you make your way to the back, you’ll fall in love with the views of the water and the wrap around wooden porch. Make yourself cozy on either of the docks, one with a fully operational boat lift waiting for you to park your boat on when you come back from fishing or a sunset cruise. Keep all your water toys and gear for fishing in your enclosed boat house! You can't help but notice the love and care that has been put into every room as you walk through the house. The great room is wide open and ready for entertaining and family get-togethers. The extra long island and counter space in the kitchen has room for all your chefs all at one time to create meals and still be part of the fun. The large pantry off the kitchen serves as a utility room as well as a laundry room that can be open or closed. There is room for it all. With French doors and massive windows along the walls in the great room, you won't miss a beat as the Florida wildlife shows up. There are two bedrooms on the main floor with a Jack and Jill bathroom equipped with a shower and pedestal sink. Both of these bedrooms open up to the front courtyard so you can easily step out for morning coffee or just enjoy the fresh air. Just off these bedrooms is a large media room that can also serve as a second living room. It's nice to have two areas in the home to have the option for some alone time or movie night. Don’t miss the game room just off the media room! With a full sized ping pong table and a table ready for a heated contest! The half bath is in this hallway so it's easily accessible to the media room as well as the kitchen and great room. The upstairs is exclusively the primary bedroom and bathroom. The massive master bedroom has windows and french doors lining 3 of its walls so you can wake up to the incredible water views and spectacular sunrises and sunsets throughout the year. Just off the primary bedroom is a very large woo that also overlooks Bimini Bay. Soak up some sunshine, enjoy a cocktail or morning coffee with a view to die for. The primary bathroom is upstairs as well. With an oversized walk in shower as well as a beautiful clawfoot tub. 511 South Drive offers you all that Anna Maria Life has to give. Take a bike ride to the city pier for some live music or stop by one of the many shops and restaurants on Pine Ave. Stroll down to the coveted and renowned beaches of the Gulf of Mexico and spend the day in the sand. Your options are endless. Come see your new home today!

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Other
  • Style: Coastal
  • Year Built: 1972
  • Garage: Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,074
  • Acreage: 0.47
  • Est. Taxes: $14,153
  • Lot Desc: Cul-De-Sac, FloodZone, City Lot, Landscaped
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Manatee High
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4602850
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /eprop/A4602850/511southdrive_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 5/16/2024 8:17:09 AM)
Listing courtesy of ANNA MARIA LIFE REAL ESTATE   Phone: 941-567-6253

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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511 South DRIVE, #A, Anna Maria, FL, 34216

$3,495,000

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 $2,796,000 $2,796,000 $2,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $1,179 $1,179 $1,179
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,837 $18,135 $24,742
Total Monthly Payment $20,141 $19,439 $26,046

* 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.