Most Expensive Gulf-Front and Bayfront Property Sales in History of Anna Maria Island Represented by Premier Sotheby’s International Realty

Written by Posted On Thursday, 21 November 2019 06:25

ANNA MARIA, FLA.(October 28, 2019) — Premier Sotheby’s International Realty’s downtown Sarasota office recently closed two record-breaking sales on Anna Maria Island: A Gulf-front compound located at 105 White Avenue in Holmes Beach sold for $8.825 million — Judie Berger represented the seller; a bayfront estate at 816 South Bay Boulevard sold for $4.075 million — Roberta Tengerdy represented the buyer. The distinctive properties, which closed on the same day, were the highest-priced Gulf-front and bayfront homes in the history of Anna Maria Island real estate, respectively. 

The Gulf-front property at 105 White Avenue encompasses nearly two full acres, with 190 feet of direct Gulf frontage. Boasting unobstructed panoramic views, the spectacular grounds were used as a private corporate resort, with Olympic-size pool, tennis courts, maintenance building and an existing 14-room residential building.

“The buyer was interested in the historical significance of the property — as it has been owned by the Norfolk Southern Railway Company since the early 1960s — and loved that it was used as a resort for the families and employees of the company for so many years,” said Berger. “Recently, I have seen a significant uptick in interest from clients for Gulf-front properties in Anna Maria Island and Siesta Key. Signs point to the recent tax law changes in Florida, or the states buyers are coming from, as an added incentive to invest in these incredible waterfront estates.”

The bayfront residence at 816 South Bay Boulevard, in the Wells Bay Harbor community of Anna Maria Island, boasts breathtaking views of the Skyway Bridge and the St. Petersburg Skyline. The four-bedroom, four-and-a-half bath home features vaulted ceilings and the finest finishes. Walls of windows showcase magnificent water views, while the outdoor living area is a tropical paradise replete with pool and spa overlooking Tampa Bay. 

“My buyers loved Anna Maria Island for its authentic beach lifestyle and laid-back way of living,” said Tengerdy. “Luxury buyers are coming from out of state to find their own piece of paradise, and lucky for us it was on Anna Maria Island.”

The record sale bypassed the previous bayside record of $3.725 million back in May 2019, when Berger listed and sold the estate at 639 Key Royale Drive.

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,100 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit premiersothebysrealty.com.

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