Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Condo |
| Bedrooms: | 2 BR |
| Bathrooms: | 2 |
| Pets: | Pets Allowed |
| Area: | 1130 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$599,000
Annual Taxes:$8,835
Common charges:$150
Listing Courtesy of FRAN MAXON REAL ESTATE
Canal Front Investment Opportunity !
Exterior of Unit showing covered parking area and main entry door
Description
Canal-Front Investment Opportunity!
Contractors, investors, and renovators—don't miss this exceptional waterfront opportunity in Holmes Beach! This 2-bedroom, 2-bath canal-front half duplex is ready for its next chapter and offers tremendous upside in one of Anna Maria Island's most sought-after locations.
Situated on a deep-water canal with direct access to open water and no bridges, this property is a boater's dream and is located just a few short blocks from the pristine Gulf beaches. Whether you're looking to renovate and resell, create a high-end vacation retreat, or build long-term equity, the location alone makes this property a standout investment.
Following storm damage, the drywall has been removed approximately four feet from the floor, allowing the new owner to begin renovations without the expense of demolition. The property is ready to be rebuilt and customized to your vision. Both bedrooms have ensuite bathrooms with updated showers and walk in closets. The back bedroom has a nice canal view.
Major improvements already completed include:
Re-pipe entire unit (2020)
Replacement of high-end 205mph rated impact windows and sliding doors (2020)
Carrier 2-ton Coastal Series A/C system (2022)
Shingle roof replaced (2012)
Flat roof replaced (2024)
Seawall cap replaced (2011)
Waterfront properties with bridge-free boating access and this level of renovation potential are becoming increasingly difficult to find on Anna Maria Island. Bring your contractor, your imagination, and your plans to transform this diamond in the rough into an exceptional island property.
Being sold As-Is. An outstanding opportunity for cash buyers, investors, builders, or anyone looking to create significant value in a prime Holmes Beach waterfront location.
Amenities
- Association Recreation Owned
- Buyer Approval Required
- Canal Saltwater
- Electricity Connected
- Open Floorplan
- Private Entrance
- Public
- Sewer Connected
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.