505 Magnolia Avenue

Anna Maria, FL 34216

$4,100,000
Last Sold Price
4
Beds
4
Baths
2,923 Sq. Ft.
$1,403 / Sq. Ft.
2,923
Sq. Ft.
$1,403
per Sq. Ft.

Description

Welcome to “Castle Azul” (“Blue Castle”) a spacious waterfront home located close to the beach and steps to the bay on beautiful Anna Maria Island. This breathtaking custom home has been redone and will check off all the boxes for the most discriminating buyer. Every detail has been well thought out. This is not your typical beach house; Castle Azul greets you with a lavish modern Key West architecture. The grand entry and new landscaping provide beautiful curb appeal. Want to be impressed then step...Welcome to “Castle Azul” (“Blue Castle”) a spacious waterfront home located close to the beach and steps to the bay on beautiful Anna Maria Island. This breathtaking custom home has been redone and will check off all the boxes for the most discriminating buyer. Every detail has been well thought out. This is not your typical beach house; Castle Azul greets you with a lavish modern Key West architecture. The grand entry and new landscaping provide beautiful curb appeal. Want to be impressed then step inside the open floor plan with exposed beams and 35-foot ceilings. Experience the abundance of natural light streaming through the windows. Indulge in the gorgeous views down the canal throughout the home. With the new stainless-steel appliances, white cabinetry, and new stone countertops …the kitchen is sure to please any chef. The kitchen is fabulous with a chef style gas range, large island, and open plan design. Enjoy the comfy, easy, feeling this home invokes. The open floor plan allows for family time and entertaining. Castle Azul features 4 fully renovated bedrooms with 4 ensuite bathrooms. Oversized decks on all three levels, including one off the Master bedroom plus an elevator which makes access to all levels easy. After a full day on the sugary sands of the Gulf, take those much-needed siestas by the heated saltwater pool. If that's not enough, you can head over to the putting green to test your golf skills. End it all with a stop at Grotto AZUL, the bar on the dock for a drink while you watch the manatees roll by. The deep-water canal leads directly into the Tampa Bay with no bridges. Southwest views from the back peer over the Bimini Bay. Excellent boating water and boat storage on your 10,000 lb boat lift. There are two main levels of living space plus the ground level. Offered turnkey with all new high-end furnishings. The home was tastefully and professionally redesigned by Adrian Griffin Interiors. The ground level has a four-car garage, game room and flex space. The outdoor space is expertly laid out and landscaped to provide that glorious island paradise feeling. Bask in the pool or spa, layout in the sun and watch the mullet jump, or just be... happy. When you are motivated to leave, this is a great location just two blocks from the shops and restaurants on Pine Ave. Close to the beach and City Pier. Hop on the free trolley and explore everything the island has to offer. Vacation Rental rules are flexible with less than a week required in the Anna Maria City. Castle Azul is a desirable vacation rental with a great rental income. Pack only your flip-flops and set your clock to island time. Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent.
  1. Listed by Liz Blandford • SALTY MERMAID REAL ESTATE LLC

Property Details for 505 Magnolia Avenue

Architectural Style
Custom, Key West
Subdivision Name
LARDAS UNIT THREE
Township
34S
Garage Spaces
4
View
Water
Waterfront
Yes
Water View
Bay/Harbor - Partial, Canal
Furnished
Furnished

Location

Listing Courtesy of SALTY MERMAID REAL ESTATE LLC, Liz Blandford

Sold By DUNCAN REAL ESTATE, INC., Robyn Hawk

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LISTING UPDATED: 02/22/2023 08:59 PM

Property Details for 505 Magnolia Avenue

StatusSold
MLS #A4556410
Days on Market7
Taxes$37,123 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2003
Lot Size0.20 AC / 8,625 SF
CountyManatee County

Location

Listing Courtesy of SALTY MERMAID REAL ESTATE LLC, Liz Blandford

Sold By DUNCAN REAL ESTATE, INC., Robyn Hawk

Add your commute

Building Information for 505 Magnolia Avenue

Stories2Year Built2003Building Size-Lot Size0.20 AC / 8,625 SF

Payment Calculator

$25,469 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,375

Property Taxes

$3,094

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Magnolia Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 6125.0
  • Building Area Units: Square Feet
  • Community Features: Waterfront
  • Direction Faces: Northwest
  • Directions: I-75 to Route 64 W (Manatee Ave) to Beaches. Go north on Gulf Drive to Magnolia Ave. Turn Right on Magnolia Ave house will be on right
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Manatee High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Lardas Sub
  • Unit Number: No
  • Street Number: 505
  • Street Name: MAGNOLIA
  • Street Suffix: AVENUE
  • State: FL
  • City: ANNA MARIA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage Dimensions: 31x20
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Oversized, Parking Pad
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Pet Restrictions: County Restrictions Apply
  • Tax Book Number: 23-86
  • Tax Legal Description: LOT 2 LARDAS SUB UNIT THREE. TOGETHER WITH A PORTION OF CANAL DESC IN O.R. 1839/3313 AS FOLL: A PARCEL OF PROPERTY COMPRISING THE N ONE HALF (1/2) OF THE CANAL ADJACENT AND CONTIGUOUS TO LOT 2, LARDAS SUB, UNIT THREE, (PB23/86) DESC AS FOLL: BEG AT T HE SE COR OF SD LOT 2, AND COM SLY S 28 DEG 42 MIN 00 SEC E ALG A LN WHICH IS THE SLY EXTENSION OF THE E LOT
  • Tax Lot: 2
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In County, Street Paved
  • Lot Size Dimensions: 75x115
  • Parcel Number: 6920701019
  • Total Acreage: 0 to less than 1/4
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay
  • Water Access: Yes
  • Water Extras: Bridges - No Fixed Bridges, Dock - Wood, Lift, Seawall - Concrete
  • Water Extras: Yes
  • Water: Bridges - No Fixed Bridges, Dock - Wood, Lift, Seawall - Concrete
  • Water Frontage Feet Canal Salt: 73
  • Zoning: R1
  • Living Area: 2923
  • Property Info: Elevated
  • Lot Dimensions: 75x115
Property and Assessments
  • Year Built Numeric: 2003
  • Flood Zone Code: AE
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Property Description: Elevated
  • Public Survey Range: 16E
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Stucco
  • Exterior Features: Balcony, Lighting, Outdoor Shower
  • Foundation Details: Slab
  • Levels: Two
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Metal
  • Spa Features: In Ground
  • Spa: Yes
  • Vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 73
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 4
  • Additional Rooms: Bonus Room, Great Room, Inside Utility, Storage Rooms
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Cooling: Central Air, Zoned
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Heating: Central, Electric, Zoned
  • Interior Features: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 13.0
  • Water View: Yes
  • Window Features: Blinds, Window Treatments
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 16x24
  • Room Features 1: Built-In Shelving, Ceiling Fan(s), Other Specify In Remarks
  • Room Flooring 1: Wood
  • Room Length 1: 24.0
  • Room Level 1: Second
  • Room Type 1: Living Room
  • Room Width 1: 16.0
Room 2
  • Room Dimensions 2: 16x15
  • Room Features 2: Breakfast Bar, Built-In Shelving, Other Specify In Remarks
  • Room Flooring 2: Wood
  • Room Length 2: 15.0
  • Room Level 2: Second
  • Room Type 2: Dining Room
  • Room Width 2: 16.0
Room 3
  • Room Dimensions 3: 10x16
  • Room Features 3: Bar, Ceiling Fan(s), Island, Other Specify In Remarks, Pantry, Tile Counters
  • Room Flooring 3: Wood
  • Room Length 3: 16.0
  • Room Level 3: Second
  • Room Type 3: Kitchen
  • Room Width 3: 10.0
Room 4
  • Room Dimensions 4: 9x13
  • Room Features 4: Built-In Shelving, Ceiling Fan(s), Other Specify In Remarks
  • Room Flooring 4: Tile, Wood
  • Room Length 4: 13.0
  • Room Level 4: Second
  • Room Type 4: Laundry
  • Room Width 4: 9.0
Room 5
  • Room Dimensions 5: 47x9
  • Room Features 5: Other Specify In Remarks
  • Room Flooring 5: Other
  • Room Length 5: 9.0
  • Room Level 5: Second
  • Room Type 5: Balcony/Porch/Lanai
  • Room Width 5: 47.0
Room 6
  • Room Dimensions 6: 15x14
  • Room Features 6: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Granite Counters, Shower No Tub
  • Room Flooring 6: Wood
  • Room Length 6: 14.0
  • Room Level 6: Second
  • Room Type 6: Master Bedroom 2
  • Room Width 6: 15.0
Room 7
  • Room Dimensions 7: 13x11
  • Room Features 7: Ceiling Fan(s), En Suite Bathroom, Shower No Tub
  • Room Flooring 7: Wood
  • Room Length 7: 11.0
  • Room Level 7: Second
  • Room Type 7: Bedroom 3
  • Room Width 7: 13.0
Room 8
  • Room Dimensions 8: 15x17
  • Room Features 8: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Other Specify In Remarks, Walk-In Closet(s), Wet Bar
  • Room Flooring 8: Wood
  • Room Length 8: 17.0
  • Room Level 8: Third
  • Room Type 8: Master Bedroom
  • Room Width 8: 15.0
Room 9
  • Room Dimensions 9: 21x10
  • Room Features 9: Bidet, Built-In Shelving, Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Other Specify In Remarks, Shower No Tub
  • Room Flooring 9: Tile
  • Room Length 9: 10.0
  • Room Level 9: Third
  • Room Type 9: Master Bathroom
  • Room Width 9: 21.0
Room 10
  • Room Dimensions 10: 23x10
  • Room Features 10: Other Specify In Remarks
  • Room Flooring 10: Other
  • Room Length 10: 10.0
  • Room Level 10: Third
  • Room Type 10: Balcony/Porch/Lanai
  • Room Width 10: 23.0
Room 11
  • Room Dimensions 11: 17x13
  • Room Features 11: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Shower No Tub
  • Room Flooring 11: Wood
  • Room Length 11: 13.0
  • Room Level 11: Third
  • Room Type 11: Bedroom 4
  • Room Width 11: 17.0
Room 12
  • Room Dimensions 12: 16x25
  • Room Features 12: Other Specify In Remarks, Walk-In Closet(s)
  • Room Flooring 12: Tile
  • Room Length 12: 25.0
  • Room Level 12: First
  • Room Type 12: Bonus Room
  • Room Width 12: 16.0
Room 13
  • Room Dimensions 13: 42x60
  • Room Features 13: Other Specify In Remarks
  • Room Flooring 13: Brick/Stone
  • Room Length 13: 60.0
  • Room Level 13: First
  • Room Type 13: Balcony/Porch/Lanai
  • Room Width 13: 42.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 505 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Magnolia Avenue

Taxable ValueLand$998,750Additions$2,399,480Total$3,398,230
Tax Record2023$46,445 ($3,870 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,923 SqFtAbove Grade Finished SqFt2,923 SqFtStories3Lot Size8,625 SqFtStyleSingle Family ResidenceYear Built2003Year Renovated2011ZoningAM_R-1CountyMANATEEAPN69207.0101-9Fireplace TypeHas Fireplace

Schools near 505 Magnolia Avenue

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Manatee High School
Public9 to 12

Oasis Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of SALTY MERMAID REAL ESTATE LLC, Liz Blandford

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.