#A4647467, Jason Sato, Listing office: SATO REAL ESTATE INC.
$3,490,000 List price
408 Magnolia Ave Anna Maria, FL 34216
6 beds
6 full, 1 partial
3,545 sqft
0.2 acres
$984 / sqft
House
Property details
About 408 Magnolia Ave
Completed in December 2023, welcome to Boundless Waves – walk to beach with income hovering close to or at $300,000 a year. An exceptional coastal retreat in the heart of Anna Maria Island. This stunning 6-bedroom, 6.5-bath luxury residence is being offered fully turnkey with high end furnishings and fixtures ready for you or your guests to settle in and start enjoying island life immediately. Designed with effortless elegance and comfort in mind, the home features lush tropical landscaping, a+private heated pool, & SPA and an expansive rooftop deck with sweeping views of Anna Maria Island Gulf and Bay both. Large 3+ car garage and game room. Step inside to discover a bright, open-concept floor plan with custom contemporary finishes throughout. The main living level showcases a designer kitchen equipped with sleek stainless steel appliances, a statement island, and plenty of room for entertaining. The dining area and great room flow seamlessly onto a spacious covered deck, inviting the outdoors in and filling the home with natural light. Also on the main floor, you'll find a convenient half bath, a laundry room, two guest suites with private baths, and a serene primary suite complete with French doors leading to a private deck. Upstairs offers even more flexibility with a den/lounge area, a full guest bath, two additional guest suites, and a luxurious second primary suite featuring a spa-style shower and a generous walk-in closet. The crown jewel? A rooftop deck where you can soak in panoramic island views both Gulf views and bay views and of the skyway bridge and breathtaking sunsets — the perfect way to begin and end each day. Located just moments from Anna Maria’s charming shops, top-rated dining, and pristine beaches, this home is ideally positioned for both personal enjoyment and investment. With a nightly rental policy, Boundless Waves has strong rental income while offering maximum flexibility for owners and guests alike. Rental $300,000.00 +\- per year income
Highlights
Home typeSingle Family Residence
HeatingElectric, Zoned
StatusActive
CoolingCentral Air, Zoned
Size3,545 sqft
Lot size0.17 Acres
Year built2023
ParkingGarage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized
MLS #A4648875
Attached garage3 spaces
ViewCity, Garden, Pool, Water
Private poolYes
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 6
- Appliances: Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Flooring Type: Ceramic Tile
- Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Total Bedroom Count: 6
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized
- View: City, Garden, Pool, Water
- Exterior: Balcony, French Doors, Lighting, Rain Gutters
- Architectural Style: Coastal, Traditional
- Heating: Electric, Zoned
- Cooling: Central Air, Zoned
- List Price: $3,490,000
- Price/SqFt: $984
- HOA Amount: $0
- Annual Tax Amount: $11,179
- Tax Year: 2023
- Lot: Landscaped, Near Golf Course, Near Marina, Near Public Transit, Paved
- Directions: Manatee Ave to Gulf Dr follow Street On left across from the AMI center
- Year Built: 2023
- Living Area: 3,545 SqFt
- Lot Size: 0.17 Acres
- MLS Number: A4648875
- MLS Name: MFRMLS
- Office Name: RE/MAX ALLIANCE GROUP
- Office Phone: (941) 778-7777
- Listing Agent: CHRISTINE KOURIK
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Last updated on: 7/27/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 05, 2021 | Home Sold | $820,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $880,447 | $11,179 |
| 2022 | $784,454 | $12,425 |
| 2021 | $641,256 | $12,425 |
| 2020 | $490,779 | $8,330 |
| 2018 | $549,594 | $6,928 |
| 2017 | $526,584 | $6,928 |
History based on county public records data.
Nearby schools
9
Anna Maria Elementary School
Public District PK-5
2.2 mi
•4700 Gulf Dr
9
Ida M. Stewart Elementary School
Public District PK-5
5.7 mi
•7905 15th Ave NW
8
Palma Sola Elementary School
Public District PK-5
6.5 mi
•6806 5th Ave NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,698. Residents of Anna Maria, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
40%
35k-100k
20%
100k-200k
14%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
2%
Single, with Kids
48%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
6%
18-34 yrs old
48%
35-64 yrs old
38%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Cracker Barrel
Bonefish Grill
Chipotle
What do the neighbors drive?
Buick
Lincoln
Mazda
What do the neighbors listen to?
Soft Adult Contemporary
Classical
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 408 Magnolia Ave
The listing price of 408 Magnolia Ave property is $3,490,000.
The property 408 Magnolia Ave is a house located in Anna Maria, Florida, 34216.
Active Listing: 408 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 408 Magnolia Ave are: Anna Maria Elementary School (GreatSchools Rating 9/10), Ida M. Stewart Elementary School (GreatSchools Rating 9/10), Palma Sola Elementary School (GreatSchools Rating 8/10), Martha B. King Middle School (GreatSchools Rating 4/10), Oasis Middle School (GreatSchools Rating 7/10), W. D. Sugg Middle School (GreatSchools Rating 3/10), Manatee High School (GreatSchools Rating 5/10), Palmetto High School (GreatSchools Rating 3/10), Bayshore High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $11,179 (source: MLS/based on county public records data).
The last sale was on April 5, 2021 for $820,000 (source: MLS/tax record).
The property at 408 Magnolia Ave has 6 bedrooms and 6 full and 1 half bathrooms.
The property 408 Magnolia Ave is 3,545 SqFt (source: MLS/tax record).
The year of construction for 408 Magnolia Ave is 2023.
This home is located at 408 Magnolia Ave in Anna Maria, FL and zip code 34216 in the Anna Maria Island neighborhood. This 3,545 square foot home, which was built in 2023, sits on a 0.17 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $3,490,000.
Anna Maria, FL housing market in June 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. In June 2025 in Anna Maria, FL there were 5.7% less homes for sale than in May. In June 2025, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $1,722,762.
From Rocket Homes Real Estate and based on county public records data.