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505 Magnolia Ave, Anna Maria, FL 34216
4 Beds
4 Baths
2,923 SqFt


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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 meticulously 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 brand-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 newly installed 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 projected net annual income of $200,000. 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.
  • Price:
  • $5,795,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 2,923
  • Acreage:
  • 0.20
  • Year Built:
  • 2003
  • Listing ID #:
  • MFRA4538444
  • Street Address:
  • 505 Magnolia Ave
  • City:
  • Anna Maria
  • State:
  • Florida
  • Postal Code:
  • 34216
  • County:
  • Manatee
  • Community:
  • Anna Maria
  • Subdivision:
  • Lardas Unit Three
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family Residence
out of 5

Anna Maria Elementary School
School Grade Level K-5
School Students 265 students
School Teachers 15 student/

Manatee Virtual Instruction Program
School Grade Level K-12
School Students 78 students

Manatee Virtual Franchise (etech School Of Manatee)
School Grade Level 1-12
School Students 68 students
out of 5

Martha B. King Middle School
School Grade Level 6-8
School Students 1150 students
School Teachers 19 student/
out of 5

Manatee High School
School Grade Level 9-12
School Students 2324 students
School Teachers 23 student/
  • Approximate Total Liveable Area:
  • 2923
  • Architecture Style:
  • Custom, Key West
  • Building Condition:
  • Completed
  • Building Faces:
  • Northwest
  • Construction Type:
  • Concrete, Stucco
  • Exterior Features:
  • Balcony, Lighting, Outdoor Shower
  • Fireplace:
  • Living Room, Master Bedroom
  • Fireplace:
  • Yes
  • Flooring:
  • Tile, Wood
  • Foundation:
  • Slab
  • Furnished:
  • Furnished
  • Interior Features:
  • Built-In Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Stories:
  • 2
  • Stories:
  • Two
  • Total Building Square Footage:
  • 6125
  • Type Of Roof:
  • Metal
  • View:
  • Water
  • Windows:
  • Blinds, Window Treatments
  • Year Built:
  • 2003
  • Conforms To Zoning:
  • R1
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • In County, Paved
  • Lot Square Footage:
  • 8625
  • Road Type:
  • Paved
  • Vegetation:
  • Fruit Trees, Mature Landscaping, Trees/Landscaped
  • Can Be Leased:
  • 1
  • Community Features:
  • Waterfront
  • Days On Market:
  • 109
  • Minimum Lease Term:
  • No Minimum
  • On Market Date:
  • 2022-06-10
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 5975000
  • Terms:
  • Cash, Conventional
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $28,196
  • Tax Year:
  • 2021
  • Pet Allowed:
  • Yes
  • Pet Restriction Description:
  • County Restrictions Apply
  • Garage Parking Spaces:
  • 4
  • Has Attached Garage:
  • Yes
  • Has Garage:
  • Yes
  • Parking Description:
  • Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Oversized, Parking Pad
  • Patio Description:
  • Covered, Deck, Front Porch, Rear Porch
  • Pool:
  • Yes
  • Pool Description:
  • In Ground
  • Spa:
  • Yes
  • Spa Description:
  • In Ground
  • Water Extras:
  • Bridges - No Fixed Bridges, Dock - Wood, Lift, Seawall - Concrete
  • Appliances:
  • Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Cooling System:
  • Central Air, Zoned
  • Existing Water:
  • Public
  • Heating:
  • Central, Electric, Zoned
  • Laundry:
  • Inside, Laundry Room
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Public
  • Has Water Access:
  • 1
  • Water Access Type:
  • Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean To Bay
  • Water View:
  • 1
  • Water View Description:
  • Bay/Harbor - Partial, Canal
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Canal - Saltwater
  • Waterfront Footage:
  • 73






The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment

Source: CINC

  • Listing Provided By: Liz Blandford with SALTY MERMAID REAL ESTATE LLC
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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.

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