Residential Property - Single Family Residence in Anna Maria
Listing Price: $7,499,000
Description of Property
There is a quieter side of Anna Maria Island that not everyone experiences. At 242 Oak Avenue, life unfolds in a way that feels entirely your own. Tucked away from the crowds, this rare waterfront retreat is designed for stillness, privacy, and uninterrupted views across Bimini Bay. With no neighboring rooftops competing for your attention, the setting is defined by open water, coastal breezes, and the natural rhythm of island life. Positioned on a remarkable triangular parcel with over 500 feet of water frontage, this gated, elevated residence offers water views from every room. The open-concept design creates a seamless connection between indoor and outdoor living, anchored by a dramatic great room with vaulted ceilings and expansive glass doors that disappear into the walls, opening to an oversized covered lanai. The chef’s kitchen is thoughtfully designed with custom imported cabinetry and distinctive finishes, flowing effortlessly into both formal dining and outdoor entertaining spaces. Just beyond, the lanai becomes a true extension of the home, complete with a full outdoor kitchen, Teppanyaki dining, fire table, lounge areas, and a whirlpool spa, all set against panoramic bay views. The main residence features two luxurious primary suites with private ensuites, while a separate guest house, connected by a covered bridge, offers two additional bedrooms, a full bath, and kitchenette, creating an ideal private retreat for family and guests. Outdoor living continues at every level. A resort-style pool with fire and water features is surrounded by lush tropical landscaping, leading to a private waterfront fire pit along your own sandy shoreline. For boating enthusiasts, the property is equally exceptional, featuring a 60-foot dock, 12,000 lb. boat lift, and direct access to Tampa Bay and the Gulf of Mexico. Now offered with a significant $500,000 price adjustment, this is a rare opportunity to secure one of the island’s most distinctive waterfront estates. This pricing opportunity is available for a limited time through April 15, 2026.






































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Anna Maria
County: Manatee
Subdivision: Bimini Bay Estates
Bedrooms: 4
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 7,151
Sq. Ft. Living Area: 3,722
Cost per (heated) sqare foot: $2,015
Year built: 2020
Annual Tax: $55,382
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Wine Refrigerator
Accessibility Features: Accessible Elevator Installed
Fireplace: Yes
Fireplace Features: Ventless
Window Features: Window Treatments
Additional Rooms: Storage Rooms
Flooring: Hardwood
Green Features
Indoor Air Quality: Whole House Vacuum System
Green Energy Features: Windows
Schools
Elementary School: Anna Maria Elementary
Middle/Junior High School: Martha B. King Middle
High School: Manatee High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Tile
Spa Features: In Ground
Water Front: Yes
Water Frontage: Canal Front
Water Access: Yes
Water Access Type: Gulf/Ocean to Bay
Water Name: BIMINI BAY
Exterior & Construction
Architectural Style: Custom
Construction: Stucco
Foundation: Slab
Roof: Tile
Exterior Features: Sprinkler Metered
Garage: Yes
Garage Spaces: 3
Parking Features: Workshop in Garage
Floors Total: 1
Floors in Unit: Two
Cooling: Zoned
Heating & Fuel: Heat Pump
Patio & Porch Features: Screened
Security Features: Smoke Detector(s)
Other Structures: Outdoor Kitchen
View: Water
Fencing: Vinyl
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Tip Lot
Lot Size (acres): 0.37
Lot Size (sq. ft.): 18,590 square feet
Lot Dimensions: 113 x 144
Road Frontage: Street Paved
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 7046300005
Zoning: R1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 18, ALSO; BEG AT THE INTERSEC OF THE N LN OF LOT 18 IN SD BIMINI BAY ESTATES & THE E LN OF SEC 18, THENCE N ALG SD SEC LN 86.80 FT TO A PT WHERE THE NWLY LN OF LOT 18 PROJ N EASTWARDLY WOULD INTERSEC SD SEC LN; THENCE S 38 DEG 50 MIN W ALG SD PRO J LN 101.82 FT, THENCE ALG THE N LN OF SD LOT, S 83 DEG 19 MIN E, 64.28 FT TO POB, RIP RTS BIMINI BAY ESTATES
Section: 18
Range: 16E
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

