Top 25 real estate investment over last two decades

Most of us that have lived on Anna Maria Island for the last decade know Anna Maria Island real estate has been a fantastic investment.  Take into account the option to rent seasonally and pull in at least $50,000 gross income for a 3 bedroom Anna Maria Island property with a pool and the rate of return is even more staggering.

In late April, 2018 Minda Zetlin created a list of cities with the title, “If you bought a home in 1998 in one of these ten cities you might be 1 million dollar richer.”  Eight of the cities are in California with two breaking the trend.  At number 7 on the list, Kailua, Hawaii has an estimated profit of $785,000 after selling.

Anna Maria City welcome SignWonder what other city outside of California made the top 10 list?  Bet you guessed it, Anna Maria, Florida coming in at number 5 with an estimated SOLD profit of $866,000.  Of course many of us take this information with a grain of salt and maybe there are a few smaller cities that missed the list but lets remember Anna Maria city is made up of less than 1,000 households.  Anna Maria City is already pretty small.

The article goes on to estimate the 5 year profits from renting a home in Anna Maria City is $285,000 or $56,000 per year.  Unfortunately the details of the forecast are not supplied however in my experience without debt service the estimated profit is reasonable.  Yes, since 1998 there are a few more rental regulations to be concerned with but nothing that cannot be navigated and I supply some help in a previously written Anna Maria City rental blog, here.

Guess who made the list at 23 out of the top 25?  Holmes Beach!  Estimated profitability, $523,000.  This is very impressive considering Holmes Beach has about 1/3 of its transactions as condos which inherently are more than half the base value of single family homes.

Once again, are we surprised?  If you are please give me a call and would love to educate you on the Anna Maria Island Investment real estate market.

Larry Chatt

Larry Chatt

Top 10 Things for Kids on Anna Maria Island

Top 10 Anna Maria Island Things To Do With Kids

Anna Maria Island Things To Do
Today’s blog is about the Top 10 Anna Maria Island Things To Do With Kids.  Essentially,  the best stuff to do on Anna Maria Island.  I’ve come up with a list of the best places to go & the greatest things to do while on your vacay on the island. It’s filled to the rim with mind-blowing fun for everyone, whether it’s mini-golfing or grabbing exotic ice cream – just read this list & choose one, some, or all of the activities to do during your summer, & it’s sure to be a blast.

Top 10 Must-Do’s of Your Summer on A.M.I:

1: Hang at Bayfront Park & have a picnic. This park is right on the beach  located on the north end of the island in Anna Maria & is sure to entertain everyone. They have a playground, covered eating areas, & grills for all of your needs

2: Go fishing off of the Rod & Reel or City Pier. Both located in Anna Maria on the north end of the island, these piers are sure to help you get some big fish. Buy your bait there or bring your own. You don’t even need a license. Just bring your gear to fish &    there’s always someone to help you out.

3: Bring your skateboard and visit Bradenton Riverwalk which is just 20 minutes into Bradenton, Florida.  For Anna Maria Island skating visit the Holmes Beach Skate Park.

4: Go for a round of mini-golfing at the Fish Hole on Bridge Street.  This place is located on the Historic Bridge Street in Bradenton Beach & is tons of fun. With 18 different holes each named after a different fish, fun history, & fish feeding, the Fish Hole is a great place for a post-beach activity.

5: Play volleyball or build a sand castle on the Public Beach. This place has two volleyball courts in the sand, a playground, a cafe right on the beach, & a lifeguard on duty. It also has an ice cream &  gift shop with all of your beach necessities.

6: Rent a kayak & explore the island waters. Many places on the island offer low-rate kayak renting prices with different styles & sizes, as well as the amount of time you can rent them. You can freely take your kayak out into the Gulf of Mexico & paddle along as you travel across the shore & see the sights.

7: Search for unique & pretty shells on the shore near you. On the A.M.I. beaches you can find endless different types of shells, clams, & coquinas in many different shapes & colors. Some of the shells have holes in them, perfect for making a necklace, bracelet, or other jewelry. This multi-purpose task is loads of fun for everyone.

8: Play soccer, football, or baseball at the Holmes Beach or Community Center fields. These places offer the free use of their fields. All you need to bring is your sports gear & a good time. This is a fun way to spend your time, especially if you like sports.

9: Walk down Pine Avenue & explore all the cool shops & attractions. Pine Avenue is known for its unique shops & historic sites. With many boutiques, eateries, & history, the activities are endless. The activities include bocche ball outside of the Olive Oil Outpost, small festivities in front of the Flip-Flop Shop & Candy Stop. The Flip-Flop Shop is also a must-do for kid island vacationers that love sweets & small treats. Yum!

10: Have fun & enjoy your stay on A.M.I. Pick a beach & bodysurf, swim, or soak up the sun. With all of these activities to do & more, you’ll have so much fun.

Just follow these steps and you’ll be guaranteed to enjoy your summer lots & lots. Stick around, because more Kid’s Korner is coming your way. Enjoy your summer!!!