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Islands north end
one of most desirable areas
By Louise Bolger
SUN STAFF WRITER
The north end of Anna Maria Island is one
of the most desirable areas in, Manatee County, in the Tampa
Bay area, in the state of Florida and, Ill even go so
far to say, in the entire country. The confluence of impeccable
beaches, clear sparkling water, fishing piers, restaurants,
marinas and perfect boating access makes the northern tip
of the Island an island wonderland.
The section of single family homes organized into an area
called Bay Influence, encompass some or all of the following
streets: North Shore Drive, North Bay Boulevard, Jacaranda
Avenue, South Bay Boulevard, Sea Gull Way, Blue Heron, and
Bayview Place. As magnificent as it is to live and own property
on one of these streets, it has also been a very lucrative
investment for those who bought at the right time.
Even older modest homes that front on Tampa Bay are listed
for sale well over $1,000,000. Newer and larger homes are
over $2,000,000. Homes that are not on the water can still
be found under a million, but some of these are also listed
over $1,000,000. There are currently several properties for
sale with local realtors and a fair number of them for sale
by owners. Two of the bay front homes on North Shore Drive
are listed at $2,250,000 and $1,895,000, and one on South
Bay is listed at $1,349,000. There are also two bayfront lots
on South Bay Boulevard for sale at $2,500,000 each.
Theres no secret that our market has slowed up a bit.
Thats why its not surprising that only two properties
have closed so far this year, both on South Bay, one selling
for $1,600,000 and the other for $1,050,000. Between June
and December of last year there were seven closings, both
on and off the water, averaging just under $1,300,000 per
sale.
One of the biggest challenges facing homeowners at the north
end of the Island is obtaining adequate and affordable wind
insurance. Virtually any new policy written for homes in this
area will be by Citizens Property Insurance, the state run
insurer of last resort, and will have hefty premiums. However,
people who make the choice to live and invest at the north
end consider it a small price to pay for the opportunity to
live in wonderland, where on a daily basis you will be entertained
by creatures of the sea just beyond your front door.
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