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Marcus E Smith PA

marcus@marcusesmith.com +1(407) 323-7320

$ 4,999,999

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Active

107 PINE AVE Anna Maria, FL 34216

6 Beds

4 Baths

2,748 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $1,819

Subdivision Anna Maria Beach

MLS Listing ID A4688961

Bedrooms 6

HOA Y/N No

Year Built 1968

Annual Tax Amount $21,717

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 51.4x145

Property Sub-Type Quadruplex

Source Stellar MLS

Property 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 décor. 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.

Location

State FL

County Manatee

Community Anna Maria Beach

Area 34216 - Anna Maria

Zoning C1

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Furnished

Fireplace false

Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer

Laundry Common Area, Inside

Exterior

Exterior Feature Courtyard

Parking Features Guest, Reserved

Utilities Available Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Street Dead-End, Private

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4688961

Listed by Hannah Hillyard MICHAEL SAUNDERS & COMPANY

NEARBY SCHOOL & BUSINESS

Marcus E Smith PA

Broker Associate | License ID: 3187002

+1(407) 323-7320

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Marcus E Smith PA

107 PINE AVE Anna Maria, FL 34216

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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107 PINE AVE