4 Beds
5 Baths
2,832 SqFt
4 Beds
5 Baths
2,832 SqFt
Open House
Tue Sep 09, 1:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $960
Subdivision Ilexhurst
MLS Listing ID A4644416
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2003
Annual Tax Amount $30,034
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Imagine waking up to stunning views of the turquoise Gulf of America, with the soft white sand of Anna Maria Beach just 95 steps away. This extraordinary duplex offers a rare opportunity to own a piece of coastal paradise, with each side boasting over 1,500 square feet of luxurious living space, complete with two bedrooms, two bathrooms, and endless possibilities for expansion. Envision converting this stunning property into a 7-8 bedroom haven, perfect for large family gatherings, multi-generational living, or leave be for a lucrative rental investment. The options are endless, and the potential for return on investment is substantial.
Each unit features over 1500 sqft, a private lanai, perfect for sipping coffee or enjoying a glass of wine while taking in the breathtaking views. The 4th-floor deck offers panoramic views from ocean and bay, complete with a sparkling saltwater pool and spa oasis. Additional features include private garages, direct elevator access, and beautifully appointed high-end kitchens and bathrooms. This coastal retreat has undergone a comprehensive transformation, with new Hardie siding, hurricane windows, and sliding doors, as well as a brand new roof being installed in April. The result is a stunning, low-maintenance property that exudes elegance and sophistication.
Both apartments have been meticulously renovated, boasting sleek, high-end kitchens, luxurious bathrooms with large showers and Jacuzzi tubs, and hand-scraped random maple flooring throughout. One lanai has been beautifully fitted with outside plantation shutters, adding a touch of tropical charm. The two units, affectionately named Seahorse Dreams and Starfish Paradise, can be rented separately or together, making them perfect for large family gatherings, weddings, or corporate events.
This property has a proven track record of success, generating significant rental income with nearly $200,000 in bookings in 2023. Future bookings are already in place, ensuring a steady stream of income for investors. In fact, the rental income highlights are impressive, with total gross bookings of $57,280 in 2022, $188,217 in 2023, $163,572 in 2024, and $76,276 year-to-date in 2025. The flexibility to rent each unit separately or together, with no minimum stay requirements, makes this property an attractive opportunity for those seeking a lucrative rental investment. Whether you're seeking a luxurious primary residence, a savvy investment opportunity, or a stunning second home, this breathtaking beachside duplex is sure to impress. Don't miss this rare chance to own a piece of coastal paradise.
Location
State FL
County Manatee
Community Ilexhurst
Area 34217 - Holmes Beach/Bradenton Beach
Zoning R2
Interior
Interior Features Ceiling Fans(s), Elevator, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplace false
Appliance Dishwasher, Microwave, Range, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Pool Deck, Heated, In Ground
Utilities Available BB/HS Internet Available, Public
View Y/N Yes
Roof Type Shingle
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description Corner Lot
Entry Level Three Or More
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Coastal, Florida
Structure Type Block,HardiPlank Type,Frame
New Construction false
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Bayshore High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4644416
Learn More About LPT Realty
Sales Executive | License ID: SL3522272