“Historic Anna Maria Cottage Just Steps to the Beach!†“Prime Investment in Downtown Anna Maria – Zoned Commercial & Residential†“Charming 3BR Cottage with Strong Rental Income Potential†Just steps from the sugar-sand beaches of Anna Maria Island, this charming 3-bedroom, 2-bath historic cottage is brimming with character and opportunity. Zoned commercial and residential, the property offers rare flexibility—continue as a high-demand vacation rental, create a boutique business, or enjoy as your private island getaway. Currently in a thriving rental program, it boasts excellent income potential with a location that guests love. Set in the heart of downtown Anna Maria, this cottage is within walking distance of Pine Avenue’s boutiques, restaurants, galleries, and entertainment. With the Gulf of Mexico just a short stroll away, it perfectly blends convenience, charm, and investment appeal. Whether you’re seeking a profitable rental, a business opportunity, or a place to call home, 117 Palm Ave delivers the best of the Anna Maria lifestyle. All three bedrooms offer a restful sanctuary, each furnished with king beds, luxury bedding, and plenty of closet space for beach gear and essentials. The primary bedroom has a beautifully refreshed ensuite bathroom featuring a walk-in shower. The second bedroom is similarly luxurious, while the third bedroom provides ample space for quiet retreats or guests. The hall bathroom includes a shower/tub combo, both bathrooms updated with granite counters. This home is so unique and Has a Historic feel.