Listing Details for MLS # A4668575
242 Oak Avenue, Anna Maria, Fl 34216

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    Residential Property - Single Family Residence in Anna Maria

    Listing Price: $7,499,000Days on Market: 154

    Description of Property

    There is a quieter side of Anna Maria Island that not everyone experiences. At 242 Oak Avenue, life unfolds in a way that feels entirely your own. Tucked away from the crowds, this rare waterfront retreat is designed for stillness, privacy, and uninterrupted views across Bimini Bay. With no neighboring rooftops competing for your attention, the setting is defined by open water, coastal breezes, and the natural rhythm of island life. Positioned on a remarkable triangular parcel with over 500 feet of water frontage, this gated, elevated residence offers water views from every room. The open-concept design creates a seamless connection between indoor and outdoor living, anchored by a dramatic great room with vaulted ceilings and expansive glass doors that disappear into the walls, opening to an oversized covered lanai. The chef’s kitchen is thoughtfully designed with custom imported cabinetry and distinctive finishes, flowing effortlessly into both formal dining and outdoor entertaining spaces. Just beyond, the lanai becomes a true extension of the home, complete with a full outdoor kitchen, Teppanyaki dining, fire table, lounge areas, and a whirlpool spa, all set against panoramic bay views. The main residence features two luxurious primary suites with private ensuites, while a separate guest house, connected by a covered bridge, offers two additional bedrooms, a full bath, and kitchenette, creating an ideal private retreat for family and guests. Outdoor living continues at every level. A resort-style pool with fire and water features is surrounded by lush tropical landscaping, leading to a private waterfront fire pit along your own sandy shoreline. For boating enthusiasts, the property is equally exceptional, featuring a 60-foot dock, 12,000 lb. boat lift, and direct access to Tampa Bay and the Gulf of Mexico. Now offered with a significant $500,000 price adjustment, this is a rare opportunity to secure one of the island’s most distinctive waterfront estates. This pricing opportunity is available for a limited time through April 15, 2026.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $3,567,740. This single family residence is listed at about 210% of the average asking price. This is the only 4 bedroom/3 bath single family residence between $6,600,000 and $8,400,000 currently listed for sale in this Zip code.

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    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Single Family Residence
    City: Anna Maria
    County: Manatee
    Subdivision: Bimini Bay Estates
    Bedrooms: 4
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 7,151
    Sq. Ft. Living Area: 3,722
    Cost per (heated) sqare foot: $2,015
    Year built: 2020
    Annual Tax: $55,382

    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Interior Features: Window Treatments
    Appliances: Wine Refrigerator
    Accessibility Features: Accessible Elevator Installed

    Fireplace: Yes
    Fireplace Features: Ventless
    Window Features: Window Treatments

    Additional Rooms: Storage Rooms

    Flooring: Hardwood

    Laundry Features: Laundry Room

    Green Features

    Indoor Air Quality: Whole House Vacuum System

    Green Energy Features: Windows

    Schools

    Elementary School: Anna Maria Elementary
    Middle/Junior High School: Martha B. King Middle
    High School: Manatee High

    Pool & Waterfront Info

    Private Pool: Yes
    Pool Features: Tile
    Spa Features: In Ground
    Water Front: Yes
    Water Frontage: Canal Front
    Water Access: Yes
    Water Access Type: Gulf/Ocean to Bay
    Water Name: BIMINI BAY

    Water Extras: Seawall - Concrete

    Exterior & Construction

    Architectural Style: Custom
    Construction: Stucco
    Foundation: Slab
    Roof: Tile
    Exterior Features: Sprinkler Metered
    Garage: Yes
    Garage Spaces: 3
    Parking Features: Workshop in Garage
    Floors Total: 1
    Floors in Unit: Two
    Cooling: Zoned
    Heating & Fuel: Heat Pump
    Patio & Porch Features: Screened
    Security Features: Smoke Detector(s)
    Other Structures: Outdoor Kitchen
    View: Water
    Fencing: Vinyl

    Utilities: Water Connected
    Sewer: Public Sewer
    Water Source: Public

    Lot Information

    Lot Features: Tip Lot
    Lot Size (acres): 0.37
    Lot Size (sq. ft.): 18,590 square feet
    Lot Dimensions: 113 x 144
    Road Frontage: Street Paved
    Front Exposure: South

    Legal Description & Other Information

    Financing Available: Conventional
    Parcel Number: 7046300005
    Zoning: R1
    Pets Allowed/Pet Policies: Yes
    Tax Legal Desc.: LOT 18, ALSO; BEG AT THE INTERSEC OF THE N LN OF LOT 18 IN SD BIMINI BAY ESTATES & THE E LN OF SEC 18, THENCE N ALG SD SEC LN 86.80 FT TO A PT WHERE THE NWLY LN OF LOT 18 PROJ N EASTWARDLY WOULD INTERSEC SD SEC LN; THENCE S 38 DEG 50 MIN W ALG SD PRO J LN 101.82 FT, THENCE ALG THE N LN OF SD LOT, S 83 DEG 19 MIN E, 64.28 FT TO POB, RIP RTS BIMINI BAY ESTATES
    Section: 18
    Range: 16E

    Map

     

    Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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