Listing Details for MLS #A4655511 - 509 Pine Avenue Unit A, Anna Maria, Fl 34216

Residential Property - Single Family Residence in Anna Maria

Listing Price: $2,500,000Days on Market: 8

Description of Property

Income-Producing Property or Commercial Opportunity – Prime Pine Avenue Location! Attention investors and business-minded buyers! 509 Pine Avenue offers a rare chance to own a dual-zoned (residential/commercial) property in the heart of Anna Maria Island — ideal for those seeking immediate rental income, a business location, or the flexibility to do both. This fully remodeled, turnkey-furnished property includes two separate dwellings on one lot: a 3-bedroom, 2-bath main residence and a 1-bedroom, 1-bath guest cottage with a full kitchen and private patio garden — perfect for short-term rental or commercial/retail conversion. This versatile property is already set up for income with future vacation rental bookings in place, or it can be easily transformed into a boutique, retail space, gallery, or office — all within walking distance to one of Anna Maria’s highest foot-traffic corridors. Outside, enjoy a heated inground pool and spa (hot tub) surrounded by privacy fencing, offering a relaxing atmosphere for guests or clients. The home has been extensively renovated top to bottom, including all new luxury vinyl plank flooring, subfloor, drywall, cabinetry, shelving, countertops, appliances, updated electrical, plumbing, and HVAC systems, windows, interior doors, vanities, a refinished tub, washer/dryer, new gravel driveway, and new pool equipment. Even the beach gear is new! Located just off iconic Pine Avenue, you’re steps from restaurants, specialty shops, galleries, and year-round events that make this one of the most desirable and walkable spots on the island. Whether you’re building your rental portfolio, launching a new island business, or doing both — this move-in ready property offers unmatched flexibility, visibility, and income potential. USED AS A VACATION RENTAL SO IT IS BUSY AND CAN ONLY BE SHOWN ON TURN OVER DAYS TO NOT DISTURB GUEST IN PLACE. ANNA MARIA IS NIGHTLY RENTAL - MANG BY A RENTAL MANG CO. SEE ATTACHED RENTAL PROJECTIONS OF $200,000 A YEAR INCOMEThe average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $3,435,714. This single family residence is listed at about 73% of the average asking price. This is the only 4 bedroom/3 bath single family residence between $2,200,000 and $2,800,000 currently listed for sale in this Zip code.