408 Magnolia Avenue Anna Maria, FL 34216

$3,490,000
6
Beds
6.5
Baths
0.17
Acres
3,545
SQFT
984
$/SQFT
$3,490,000
6
Beds
6.5
Baths
3,545   sf
$984 / sf
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Completed in December 2023, welcome to Boundless Waves – walk to beach with income hovering close to or at $300,000 a year. An exceptional coastal retreat in the heart of Anna Maria Island.This stunning 6-bedroom, 6.5-bath luxury residence is being offered fully turnkey with high end furnishings and fixtures ready for you or your guests to settle in and start enjoying island life immediately. Designed with effortless elegance and comfort in mind, the home features lush tropical landscaping, a+private heated pool, & SPA and an expansive rooftop deck with sweeping views of Anna Maria Island Gulf and Bay both. Large 3+ car garage and game room.Step inside to discover a bright, open-concept floor plan with custom contemporary finishes throughout. The main living level showcases a designer kitchen equipped with sleek stainless steel appliances, a statement island, and plenty of room for entertaining. The dining area and great room flow seamlessly onto a spacious covered deck, inviting the outdoors in and filling the home with natural light.Also on the main floor, you'll find a convenient half bath, a laundry room, two guest suites with private baths, and a serene primary suite complete with French doors leading to a private deck.Upstairs offers even more flexibility with a den/lounge area, a full guest bath, two additional guest suites, and a luxurious second primary suite featuring a spa-style shower and a generous walk-in closet.The crown jewel? A rooftop deck where you can soak in panoramic island views both Gulf views and bay views and of the skyway bridge and breathtaking sunsets — the perfect way to begin and end each day.Located just moments from Anna Maria’s charming shops, top-rated dining, and pristine beaches, this home is ideally positioned for both personal enjoyment and investment. With a nightly rental policy, Boundless Waves has strong rental income while offering maximum flexibility for owners and guests alike. Rental $300,000.00 +\- per year income

Completed in December 2023, welcome to Boundless Waves – walk to beach with income hovering close to or at $300,000 a year. An exceptional coastal retreat in the heart of Anna Maria Island.This stunning 6-bedroom, 6.5-bath luxury residence is being offered fully turnkey with high end furnishings and fixtures ready for you or your guests to settle in and start enjoying island life immediately. Designed with effortless elegance and comfort in mind, the home features lush tropical landscaping, a+private heated pool, & SPA and an expansive rooftop deck with sweeping views of Anna Maria Island Gulf and Bay both. Large 3+ car garage and game room.Step inside to discover a bright, open-concept floor plan with custom contemporary finishes throughout. The main living level showcases a designer kitchen equipped with sleek stainless steel appliances, a statement island, and plenty of room for entertaining. The dining area and great room flow seamlessly onto a spacious covered deck, inviting the outdoors in and filling the home with natural light.Also on the main floor, you'll find a convenient half bath, a laundry room, two guest suites with private baths, and a serene primary suite complete with French doors leading to a private deck.Upstairs offers even more flexibility with a den/lounge area, a full guest bath, two additional guest suites, and a luxurious second primary suite featuring a spa-style shower and a generous walk-in closet.The crown jewel? A rooftop deck where you can soak in panoramic island views both Gulf views and bay views and of the skyway bridge and breathtaking sunsets — the perfect way to begin and end each day.Located just moments from Anna Maria’s charming shops, top-rated dining, and pristine beaches, this home is ideally positioned for both personal enjoyment and investment. With a nightly rental policy, Boundless Waves has strong rental income while offering maximum flexibility for owners and guests alike. Rental $300,000.00 +\- per year income

Listed by:
Re/max Alliance Group

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - 1-7 Days

Property Features

  • Sewer
  • Pets Allowed
  • Has Virtual Tour

View

  • Water view
  • City view
  • Golf Course View
  • Gulf To Bay

Exterior features

  • Balcony
  • Has garage
  • Garage Attached
  • Parking Off-Street
  • Patio
  • Pool
  • Pool Below Ground
  • Porch
  • Parking

Interior Features

  • Central Air Conditioning
  • Granite Counters
  • Walk-In Closet
  • Laundry Hookup
  • Tile - Floors
  • Washer Dryer In Unit

Style

  • Multi Level
  • A-Frame
  • Traditional

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Jul 23, 20253 days agoPrice decreased9,000 (0%)$3,490,000
Jun 17, 20251 mo agoPrice decreased96,000 (3%)$3,499,000
Jun 6, 20252 mos agoPrice decreased200,000 (5%)$3,595,000
May 21, 20252 mos agoPrice decreased200,000 (5%)$3,795,000
Apr 15, 20253 mos agoNew on market$3,995,000
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