ANNA MARIA – The city at the north end of Anna Maria Island is known for its white sand beaches, high-quality dining and shopping, cultural events and charming homes, but a Jan. 13 article in the Wall Street Journal is a reminder that it comes at a price – a very high price.
Anna Maria’s 34216 zip code is now the second most expensive in Florida, according to the Journal, quoting Realtor.com.
To put in perspective just how expensive the median home price in Anna Maria actually is, it ranks second only to the ultra-exclusive Fisher Island in Miami, which is home to residents like Oprah Winfrey, Andre Agassi, Robert Herjavec and other ultra-high net worth individuals and celebrities. The city of Anna Maria has a current median list price of $3.6 million, a median $1,695 per square foot price, an average of 75 days on the market before a home is sold and 42 active listings, which is up 133.33% year-over-year.
It should be noted that Anna Maria is not even in the top 100 wealthiest zip codes in Florida. The 2020 census reports that residents of Anna Maria have an average household income of $80,865 compared to around $500,000 on Fisher Island, which has zero residents living below the poverty line – compared to 10.8% in Anna Maria. That’s a high per-capita income compared to the national average, but far from what can be found in many south Florida coastal towns.
The most expensive home sold in Anna Maria closed at $16 million last year and according to the article, the biggest factor influencing price is proximity to water. A canal is nice, a bay view is fantastic and windows facing the Gulf of Mexico mean big bucks.
