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107 PINE AVE
107 PINE AVE
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$4,999,999

107 PINE AVE

6 Beds 4 Baths 2,748 Sq.Ft. 7,396 Sq.Ft.

Description

For Investors looking to purchase property on the desirable north end of the Anna Maria Island, this unique and rare 4-unit apartment building is an exceptional investment opportunity. Welcome to Gulf Queen Apartments just 50 feet from the sugary sandy beaches of Anna Maria Island. Situated on nearly 7,400 sq ft lot, the property also presents future redevelopment potential--offering investors the flexibility to build new in this prime coastal location. This turnkey furnished, ground level 4-plex has two apartments with two bedrooms and one bathroom; and two apartments with one bedroom and one bath. Gulf Queen Apartments offers immediate income potential in one of Florida's most sought-after beach markets. The units showcase polished terrazzo flooring, open-concept living and kitchen areas, and tasteful coastal decor. Recent upgrades include renovated kitchens with granite countertops, updated bathrooms, and new furnishings throughout--creating an inviting, guest-ready environment. The 2-bedroom units comfortably accommodate up to four guests, making the property ideal for group bookings such as family vacations, reunions, or wedding parties. Anna Maria is known as a desirable wedding destination. The entire building can be rented out to accommodate wedding guests or other family gathering venues, or each unit can be rented individually. The property also has two golf cart charging stations to accommodate guests who want to tour the island in their rented golf cart. The property is located next door to the Sand Bar Restaurant which hosts many wedding guests from around the world each year. The property is also located on famous Pine Avenue, a street that runs from Tampa Bay to the Gulf of Mexico. The property's 107 Pine Avenue address is walkable to numerous shops and restaurants that stretch from the Bay to the Gulf. The location is unmatched--just steps to the beach, as well as the vibrant shops and dining along Pine Avenue, and convenient access to the free island trolley. Guests can easily stroll or bike to Bean Point, or enjoy nearby favorites like The Waterfront Restaurant and The Sandbar Restaurant. Whether you're seeking a vacation rental portfolio or a redevelopment opportunity in a premier beach destination, Gulf Queen Apartments delivers value, location, and income potential. Vacation Rental bookings available upon request. Call for a private viewing of this unique property today.

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Location

107 PINE AVE, ANNA MARIA, FL 34216

Status

For Sale
Hannah Hillyard

Hannah Hillyard

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Common Area, Inside
Appliances Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring Tile
Total Bedrooms: 6
Other Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments
Area & Lot
Total area 3,068 Sq.Ft.
Lot Area 7,396 Sq.Ft.
Living area 2,748 Sq.Ft.
MLS® ID A4688961
Year Built 1968
Type Multi-Family
Status For Sale
Exterior
Stories 1
Air conditioning Central Air
Heat type Central
Water Source Public
Security Features Fire Alarm, Key Card Entry, Security System Owned, Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Courtyard
Parking Guest, Reserved
Lot Features Street Dead-End, Private
Roof Shingle
Utilities Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected
Finance
Sales Price $4,999,999
Real Estate Tax $21,717 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 107 PINE AVE, ANNA MARIA, FL 34216. We are reviewing your request and will be in touch shortly!

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Anna Maria Island

Like its name infers, Anna Maria is surrounded by water. From the Gulf of Mexico to the west.

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Work With Us

Hannah’s integrity and discretion, along with her attention to detail, marketing savvy, and refined negotiating skills, consistently deliver impressive real estate results for buyers and sellers.