$2,795,000
bedrooms
4
bathrooms
5
square feet
2,832
Acreage
0.11
Open Houses
-
year built
2003
Full Baths
4
Half Baths
1
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 | |
Subdivision | ILEXHURST |
County | Manatee |
Elementary School | Anna Maria Elementary |
Middle School | Martha B. King Middle |
High School | Bayshore High |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: A4644416
Listing agent:
Ashley Goldstein
#3492538
Listing broker:
Kathy Marlowe
(941) 232-4485
Copyright © 2025 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, April 2 2025 at 9:20 p.m. EDT
Kotohomes National
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