ParkingCovered, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, On Street, Parking Pad, Split Garage, Under Building, Workshop in Garage
Attached Garage2 spaces
Year Built2018
HeatingElectric, Zoned
CoolingCentral Air, Humidity Control, Zoned
WaterfrontCanal
ViewGarden, Pool, Water
Private PoolYes
MLS #A4579882
Lot Size0.26 Acres
StatusActive
About 516 Kumquat Dr
Welcome to Open Palms a Luxury Waterfront Home located on one of the few canals in the City of Anna Maria with open water access with no bridges. Although zoned for weekly rentals this property has never been rented. Built by Gagne Construction 5 years ago with detailed design collaboration with the owners here mentioned is a partial list of all the incredible features: The dock is 50’ long with 30’ fixed and 20’ floating with tide & with movable kayak/SUP board assist bar & ladder access from fixed portion. The dock is 10’ deep and has a deployable rescue ladder to canal. The city building code changed after dock was built. Now, docks cannot exceed 20’ in length. Dock includes fish light, perimeter flush-mount LED safety lights, and a power pedestal with hose bib. The Golden boat lift capacity is 14,000 lbs., with normal resting height and storm height settings, and a remote control; Owner added Swingstoppers® system for securing boat in hurricanes; canal-side ladder and catwalk installed for applying Swingstoppers. Seawall was completely replaced in 2016, including dead man anchors to keep seawall from leaning towards canal. The home has 30 helical piers set into the lot onto which foundation bases were poured. Rebar was set into foundation bases to extend into the masonry block structural columns, which were then filled with concrete and tied to the first course of framing for floor above ground level. Wind mitigation report from construction verifies compliance with Miami-Dade standards. Fire escape ladder and platform from 3rd floor to ground; only deployable from third floor and not accessible from ground. Propane-powered Kohler 20kW generator on 3rd-floor landing, powers A/C on main floor, microwave, refrigerators, ceiling fans throughout. Full tank (~400 gallons per code) runs it for ~10-14 days. Three stop elevator is accessible from foyer, kitchen, and sitting room. Stairs leading down to foyer/garage and from 3rd floor have built-in pocket pet/toddler doors with rare-earth magnetic catches. Kitchen appliances include GE Profile™ 27.9 Cu. Ft. Smart Fingerprint Resistant 4-Door French-Door Refrigerator with Door in Door for quick beverage access, outside filtered water/ice dispenser, control panel, and Wi-Fi accessible status indicators; GE Profile™ Microwave/Oven combination with Advantium™ technology; GE Profile™ Bluetooth enabled Dishwasher and GE Profile™ 36" Five Element, Built-In Touch Control Induction Cooktop in island with GE Telescopic Downdraft Exhaust Fan that is vented to outside through basement ceiling with magnetic closing, screened vent cap to discourage infiltration of pests & water during storms. The laundry room includes Samsung smart Top-load Washer, including built-in sink for pre-washing delicates; Front-load dryer that is vented to outside via a magnetic, screened vent flap to discourage pest & water infiltration during storms; custom stainless steel counter with sink & pull down, two-function faucet, drying rod; custom ceiling-height cabinets; Iron-A-Way recessed wall-mounted ironing center with task light on timer or powered off by closing cabinet door, power outlet, hot iron storage; circuit breakers (main & generator-fed circuits) with whole-house surge suppression added. Meticulously cared for the home is covered by Choice Home Warranty that is transferrable to new owner. A pre-listing inspection has been completed to insure all of the above and what is not listed can be enjoyed by you immediately.
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 2018
Stories: 3
Living Area: 2,804 SqFt
Listing Office:
Office Name: PREMIER SOTHEBYS INTL REALTY
Office Phone: (941) 383-2500
Listing Agent: Shellie Young, PA
Interior Features
Interior Information:
Appliances: Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer, Water Filtration System
Flooring Type: Hardwood, Tile
Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Parking: Covered, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, On Street, Parking Pad, Split Garage, Under Building, Workshop in Garage
Lot Features
Lot Information:
Lot: Cul-De-Sac, City Lot, Landscaped, Near Marina, Sloped, Dead End Street, Paved
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: Electric, Zoned
Cooling: Central Air, Humidity Control, Zoned
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: Manatee Ave West to Gulf Drive North to Magnolia Street turn East (right) to South Bay Blvd. turn South (right) to Kumquat Drive turn West (right) the house will be almost at the end of the Cul de sac on your right 516 Kumquat Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $4,895,000
Price Per SqFt: $1,746/SqFt
Tax Information:
Annual Amount: $21,272
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Anna Maria, FL.
This property is $2.3M more than the Median Sold Price and $513/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: #A4579882
Listing Office:
Office Name: PREMIER SOTHEBYS INTL REALTY
Office Phone: (941) 383-2500
Listing Agent: Shellie Young, PA
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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: 5/5/2024, 7:19:33 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
DATE
EVENT
PRICE
Jul 30, 2012
Jul 30, 2012Home Sold
$424,000
May 09, 2003
May 09, 2003Home Sold
$405,000
Jan 13, 2000
Jan 13, 2000Home Sold
$179,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$21,272
$1,326,742
2018
$7,118
$451,140
2017
$7,118
$451,140
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.4K
Per Month
Principal & Interest
$24.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.7K
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
8
/10
Anna Maria Elementary School
4700 Gulf Dr
Distance between this listing and this school2.10 miles
Public District Grades KG-5
Middle School
3
/10
Martha B. King Middle School
600 75th St NW
Distance between this listing and this school5.81 miles
Public District Grades 6-8
High School
4
/10
Manatee High School
1 Hurricane Ln
Distance between this listing and this school8.58 miles
Public District Grades 9-12
Assigned Schools
8
/10
Anna Maria Elementary School
4700 Gulf Dr
Distance between this listing and this school2.10 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ida M. Stewart Elementary School
7905 15th Ave NW
Distance between this listing and this school5.45 miles
Public District Grades PK-5
8
/10
Palma Sola Elementary School
6806 5th Ave NW
Distance between this listing and this school6.23 miles
Public District Grades PK-5
Assigned Schools
3
/10
Martha B. King Middle School
600 75th St NW
Distance between this listing and this school5.81 miles
Public District Grades 6-8
Nearby Schools
3
/10
W. D. Snugg Middle School
3801 59th St W
Distance between this listing and this school7.92 miles
Public District Grades 6-8
9
/10
Palmetto Charter School
1607 17th St W
Distance between this listing and this school8.84 miles
Public Charter Grades KG-8
Assigned Schools
4
/10
Manatee High School
1 Hurricane Ln
Distance between this listing and this school8.58 miles
Public District Grades 9-12
Nearby Schools
3
/10
Palmetto High School
1200 17th St W
Distance between this listing and this school9.20 miles
Public District Grades 9-12
2
/10
Bayshore High School
5401 34th St W
Distance between this listing and this school10.17 miles
The neighbors living near this home have an average income of $73,698. The most common annual income of people living in Anna Maria, FL is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 516 Kumquat Dr
What is the listing price of this property?
The listing price of 516 Kumquat Dr property is $4,895,000.
What type of property is this?
The property 516 Kumquat Dr is a house located in Anna Maria, Florida, 34216.
Is this property for sale now?
Active Listing: 516 Kumquat Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 516 Kumquat Dr are: Anna Maria Elementary School: GreatSchools Rating 8/10Martha B. King Middle School: GreatSchools Rating 3/10Manatee 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 $21,272 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 30, 2012 for $424,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 516 Kumquat Dr has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 516 Kumquat Dr is 2,804 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 516 Kumquat Dr is 2018.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 516 Kumquat Dr in Anna Maria, FL and zip code 34216 in the Anna Maria Island neighborhood. This 2,804 square foot home, which was built in 2018, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2023 and is currently priced at $4,895,000.
While more than 0 listings in Anna Maria, FL in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Anna Maria, FL between March 2024 and April 2024 increased by 4.8%. The median list price of listings available in April 2024 was $2,525,000, while the average time on the real estate market was 118 days.
From Rocket Homes Real Estate and based on county public records data.