2 months on rocket

408 Magnolia Ave, Anna Maria, FL, 34216

$4,395,000

6 Bedrooms
6 Full Baths, 1 Partial
3,545 SqFt
$1,240/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year BuiltNew Const., 2022
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #A4594275
Lot Size0.17 Acres
StatusActive

About 408 Magnolia Ave

BRAND NEW!!! FINISHED IN 12/2023. WELCOME TO BOUNDLESS WAVES!!. This 6 bedroom, 6 bathroom and 1 half bath is located in the heart of Anna Maria Island. This luxury construction comes turnkey furnished. It also offer's a lushly landscaped patio, featuring a private heated pool, and a rooftop deck to enjoy the enchanting views of the Gulf of Mexico. Imagine stepping inside your brand new, custom designed, contemporary beach home - with all of the exquisite details observed and an open and airy space to either relax or entertain depending on your mood. The main level features an open and light flooded kitchen with a grand island, stainless steel appliances and sleek, contemporary finishes. Peer over the central island into the dining room and great room filled with natural light from the spacious deck that connects to both rooms. Follow the hallway that features a half bath to the right and laundry room to the left, to see 2 gorgeous guest suites with full baths, and a master suite that features french doors that guide you to the deck overlooking the front of the property. On the second level, you will find a den, a full guest bath, and 2 guest suites, and one master bedroom with a grand entrance shower and a spacious walk-in closet. Start and finish out your days from your rooftop deck, taking in the panoramic views of the island. Anna Maria is one of the best vacation areas in Florida and is home to many beautiful, historic attractions. The weekly rental policy provides a great rental income opportunity. This estate will soon captivate everyone with it's design and ideal location.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 3,545 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 778-7777
  • Listing Agent: Ryan Hackney

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Tray Ceiling(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, French Doors, Irrigation System, Lighting, Outdoor Shower, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 408 Magnolia Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Manatee High School, Public District Grades 9-12
  • Martha B. King Middle School, Public District Grades 6-8
  • Anna Maria Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Manatee Ave W: Turn right onto Gulf Dr, Follow until you reach the intersection in front of Holmes Beach Automotive, Turn right onto Marina Dr, Follow until you see Ginny & Jane E's Bakery, Turn right onto Magnolia Ave, Follow road until you reach 408 Magnolia Ave, The destination will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,395,000
  • Price Per SqFt: $1,240/SqFt

Tax Information:

  • Annual Amount: $8,811
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Anna Maria, FL.

Med. Sold Price

$2.2M

Med. Price/SqFt

$1,234

Avg. Days On Market

89

# of Sold Homes

3

408 Magnolia Ave vs Anna Maria

83 DAYS ON ROCKET

-6 Days

$4,395,000

+$2.1M More

$1,240/SqFt

+$6 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $6/SqFt more than other homes in Anna Maria, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4594275

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 778-7777
  • Listing Agent: Ryan Hackney

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 3/28/2024, 5:19:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2021Home Sold
$820,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,811$583,716
2018$6,928$549,594
2017$6,929$526,584

History based on county public records data.

Payment Calculator

$22K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7654390
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 2.22 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7654391
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 6.07 miles

  • Public District Grades 6-8

High School

school-card-donut-7654392
4
/10
  • Manatee High School

  • 1 Hurricane Ln

  • 8.84 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,698. Most Anna Maria, FL residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Anna Maria Island, Anna Maria

Types of housing in Anna Maria Island, Anna Maria.

In Anna Maria Island, roughly 45% of buildings are single detached homes, and the rest of the properties are mainly large apartment buildings and small apartment buildings. This part of Bradenton Beach is primarily composed of three bedroom and two bedroom homes. Homeowners occupy around three quarters of the units in the community while the remainder are rented. Roughly half of properties in this part of the city were constructed in the 1960s and 1970s, while most of the remaining buildings were built pre-1960 and in the 1980s.

What is it like to live in Anna Maria Island, Anna Maria?

Anna Maria Island is fairly good for those who prefer a quiet atmosphere, as there tend to be low levels of noise from traffic. It is rather challenging to access parks in the community since they are sparse. Still, there are a few green spaces nearby for residents to discover.

Is it easy to get around Anna Maria Island, Anna Maria without a car?

There are only a few primary schools in this community and therefore they can be a long walk away. Likewise, this part of Bradenton Beach does not contain any high schools. With respect to eating, reaching the nearest supermarket by walking is an option for some, but not all, property owners in this community. There are also a few options for those who appreciate nearby restaurants and cafes.

Transportation in Anna Maria Island, Anna Maria.

The preferred method to get around in Anna Maria Island is very often a car. It is very convenient to park. In contrast, this area is not very transit friendly. Thankfully, house owners benefit from a few bus lines, and the closest bus stop is typically very close. Walking is not very convenient for home buyers in Anna Maria Island because running daily errands is impractical.

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Frequently Asked Questions About 408 Magnolia Ave

What is the listing price of this property?

The listing price of 408 Magnolia Ave property is $4,395,000.

What type of property is this?

The property 408 Magnolia Ave is a house located in Anna Maria, Florida, 34216.

Is this property for sale now?

Active Listing: 408 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 408 Magnolia Ave are:
Anna Maria Elementary School: GreatSchools Rating 8/10
Martha B. King Middle School: GreatSchools Rating 3/10
Manatee High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,811 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2021 for $820,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 408 Magnolia Ave has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 408 Magnolia Ave is 3,545 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Magnolia Ave is 2022.
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Rocket Homes›Florida›Manatee County›Anna Maria›34216›408 Magnolia Ave

This home is located at 408 Magnolia Ave in Anna Maria, FL and zip code 34216 in the Anna Maria Island neighborhood. This 3,545 square foot home, which was built in 2022, sits on a 0.17 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $4,395,000.

While more than 0 listings in Anna Maria, FL in February 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between January 2024 and February 2024, Anna Maria, FL real estate market has seen increase in the number of listings by 13%. In February 2024 median list price was $2,260,000 and the average listing age was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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