8 months on rocket

516 Kumquat Dr, Anna Maria, FL, 34216

$4,895,000

4 Bedrooms
3 Full Baths
2,804 SqFt
$1,746/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Garden, Pool, Water
  • Exterior: Balcony, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • 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
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Housing Market Comparison

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

Med. Sold Price

$2.5M

Med. Price/SqFt

$1,232

Avg. Days On Market

118

# of Sold Homes

9

516 Kumquat Dr vs Anna Maria

252 DAYS ON ROCKET

+134 Days

$4,895,000

+$2.3M More

$1,746/SqFt

+$513 More

KEY TAKEAWAY

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

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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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: 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

Jul 30, 2012Home Sold
$424,000
May 09, 2003Home Sold
$405,000
Jan 13, 2000Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
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

$24.4K

Per 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

school-card-donut-6645983
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 2.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6645984
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 5.81 miles

  • Public District Grades 6-8

High School

school-card-donut-6645985
4
/10
  • Manatee High School

  • 1 Hurricane Ln

  • 8.58 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. 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 8/10
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 $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.
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Rocket HomesFloridaManatee CountyAnna Maria34216516 Kumquat Dr

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.

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