David Ramirez
$2,750,000$3,195,0005 bd5 ba3,202 sqft$859 /sqft$19,008 /mo all-in ↓

505 S BAY BOULEVARD, ANNA MARIA, FL, 34216

Active229 days on marketListed Dec 19, 2025MLS #TB8456067

Priced 11% below the ANNA MARIA 34216 medianReduced $445KWaterfrontPrivate poolSingle Family ResidenceWELLS BAY HARBOR SEC A REP

About this home

505 S BAY BOULEVARD

Grandfathered to accommodate up to 12 guests—a rare and increasingly valuable advantage on Anna Maria Island—505 S Bay Boulevard offers an exceptional opportunity for investors seeking one of the island's highest-performing vacation rental properties. Unlike many homes subject to today's stricter occupancy regulations, this property retains its coveted higher occupancy allowance, creating significantly greater rental flexibility and income potential. The results speak for themselves: the property has already generated more than $163,000 in gross rental income by the end of June and is currently projected to exceed $210,000 in gross rental revenue by year-end, making this an incredible opportunity to own a luxury waterfront home with proven, substantial income-producing performance. Let the island breeze guide you home to 505 S Bay Boulevard, a waterfront haven where the world slows down and coastal living feels like poetry. Tucked along the tranquil north end of Anna Maria Island, this elevated five-bedroom, five-bath home invites you to experience a lifestyle wrapped in beauty, comfort, and pure island magic. Step inside and discover more than 3,200 square feet of thoughtfully designed living space, filled with natural light and framed by sweeping water views. The open-concept floor plan flows seamlessly, anchored by a gourmet kitchen featuring dual islands, high-end finishes, and a gas cooktop—perfect for everyday living and effortless entertaining. Multiple ensuite bedrooms, a versatile top-floor loft, and separate living areas provide privacy and flexibility for family, guests, or long-term stays. Four balconies extend the indoor living spaces outdoors, offering uninterrupted views of spectacular sunrises over the bay and peaceful evenings overlooking the water. Luxury amenities continue throughout the property, including a heated saltwater pool, private boat dock and lift on the canal, an eco-friendly rainwater cistern system, two tankless water heaters, an R38-rated metal roof with spray-foam insulated walls for exceptional energy efficiency, and a transferable 25-year termite warranty for added peace of mind. For boating enthusiasts, the home's 32 feet of saltwater canal frontage, deeded boat slip, and private lift provide direct access to the Intracoastal Waterway and the Gulf of Mexico. Durable coastal construction, impact-resistant features, and low-maintenance materials ensure lasting value while embracing the waterfront lifestyle. Beyond the home, Anna Maria Island offers one of Florida's most celebrated coastal experiences. A short stroll or bike ride leads to the charming boutiques, cafés, and galleries along Pine Avenue, while world-famous sugar-sand beaches and crystal-clear Gulf waters provide endless opportunities for boating, paddleboarding, fishing, shelling, and unforgettable sunsets. At 505 S Bay Boulevard, you're not simply purchasing a luxury waterfront residence—you're acquiring one of Anna Maria Island's rare investment opportunities, combining grandfathered high occupancy, exceptional proven rental performance, premier boating access, and the timeless island lifestyle that continues to make this one of Florida's most sought-after coastal destinations.

Facts & features

The home at a glance

5

Bedrooms

5

Bathrooms

3,202

Sqft

0.17 ac

Lot size

2

Garage

2014

Year built

Three Or More

Levels

$859

Per sqft

Private poolWaterfrontPool & Trees/Woods & Water viewNegotiable

Inside

FlooringBamboo · Ceramic Tile · Porcelain Tile
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Range · Range Hood · Refrigerator · Tankless Water Heater · Washer · Wine Refrigerator
InteriorCeiling Fan(s) · Crown Molding · Eating Space In Kitchen · Elevator · L Dining · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room · Upper Level
CoolingCentral Air
HeatingCentral · Electric
FurnishedNegotiable

Outside & construction

RoofMetal
ConstructionBlock
FoundationSlab
ViewPool · Trees/Woods · Water
FacesEast
ParkingDriveway · Garage Door Opener · Ground Level · Off Street · On Street · Parking Pad · Split Garage
ExteriorBalcony · French Doors · Lighting · Outdoor Shower · Rain Barrel/Cistern(s) · Rain Gutters · Sidewalk · Sprinkler Metered · Storage

Community & fees

Taxes (2025)$35,732/yr

Utilities & systems

UtilitiesCable Available · Electricity Available · Electricity Connected · Natural Gas Available · Public · Sewer Available · Sprinkler Meter · Sprinkler Recycled · Sprinkler Well · Street Lights · Water Available · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$19,008 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$14,839
PMI (est., until 20% equity)$1,031
Property tax — 2025 actual bill$2,978
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $275,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $275,000
Interest rate6.00%
Loan term

Estimated payment

$19,008/mo

Principal & interest$14,839
PMI (est., until 20% equity)$1,031
Property taxes (actual bill)$2,978
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Anna Maria actives

$859 vs $1,470

Days on market

229 vs 127 typical

Where $859/sqft sits among the 67 Anna Maria actives

13 · this home
19
10
12
8
5
$854–1115$1115–1376$1376–1637$1637–1898$1898–2159$2159+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Anna Maria

Map of 505 S BAY BOULEVARD

Drive times from this address

Downtown Tampa74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Anna Maria. See the full Anna Maria guide →

ANNA MARIA 34216 — neighborhood snapshot

Population

900

Median age

64.4

Median income

$99,188

Median home value

$1,154,400

Avg household

1.83

Households w/ children

11%

For the school run

Manatee County School District

ElementaryAnna Maria Elementary School★★★★
MiddleMartha B. King Middle School★★★★★
HighManatee High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Anna Maria market

Seller’s marketLeans buyer7.7 months of inventoryBuyer’s market

$1.5M$2.6M

Anna Maria median sold, yr/yr

93.0%

Sale-to-list ratio (12 mo)

32 of 67

Anna Maria actives have cut their price

Median sold price, Anna Maria, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 11% below the ANNA MARIA 34216 median. See the full Anna Maria market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,750,000 $445K
Dec 19, 2025Listed at $3,195,000 · 229 days on market since
2014Built · WELLS BAY HARBOR SEC A REP

Reality check

What actually sold near 505 S BAY BOULEVARD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

401 77TH STREETSold · May ’26

$3,700,000

401 77TH STREET

4 bd · 4.5 ba · 3,200 sqft · $1,156/sqft · 182 DOM

213 OAK AVENUESold · Jun ’26

$3,100,000

213 OAK AVENUE

4 bd · 4 ba · 3,053 sqft · $1,015/sqft · 105 DOM

108 MAGNOLIA AVENUESold · May ’26

$3,830,000

108 MAGNOLIA AVENUE

4 bd · 4 ba · 3,052 sqft · $1,255/sqft · 50 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 505 S BAY BOULEVARD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 505 S BAY BOULEVARD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Straight answers

505 S BAY BOULEVARD FAQs

What would the monthly payment be for 505 S BAY BOULEVARD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $19,008/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 505 S BAY BOULEVARD?+

The most recent tax bill on record (2025) was $35,732. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Anna Maria?+

At $2,750,000, this home is listed about 25% below the Anna Maria median of $3,660,000. The market section on this page shows how the area is trending.

Which schools are assigned to 505 S BAY BOULEVARD?+

Anna Maria Elementary School (elementary), Martha B. King Middle School (middle), Manatee High School (high) — Manatee County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the ANNA MARIA 34216 market on paper

$2,750,000 is 11% below the ANNA MARIA 34216 median of $3,097,500, and at $859/sqft it sits under the Anna Maria average of $1,515.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Anna Maria Elementary School, Martha B. King Middle School, Manatee High School — Anna Maria Elementary School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $3,195,000, now $2,750,000 — a $445K cut. The full history is in the market section below.

Listing courtesy of KELLER WILLIAMS SOUTH TAMPA · Brenda Wade. MLS #TB8456067.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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