Hidden cove anna maria island – Nestled amidst the tranquil shores of Anna Maria Island, Hidden Cove emerges as a captivating coastal sanctuary, inviting you to embrace the essence of island living. With its pristine beaches, luxurious amenities, and vibrant community, Hidden Cove offers a blissful retreat where every day unfolds as a perfect balance of relaxation and adventure.
From the moment you arrive at Hidden Cove, you’ll be enveloped in a sense of serenity and exclusivity. The community’s private beach beckons you to sink your toes into the soft, white sand and bask in the warmth of the Florida sun.
As you stroll along the shore, the gentle rhythm of the waves creates a symphony of tranquility, lulling you into a state of pure bliss.
Property Overview
Hidden Cove is a charming waterfront community nestled on the northern tip of Anna Maria Island, Florida. This exclusive enclave offers a tranquil island lifestyle with stunning views of the Gulf of Mexico and the lush mangroves of Sarasota Bay.
Established in the 1970s, Hidden Cove has evolved into a sought-after destination for those seeking a luxurious coastal retreat. The community boasts a diverse range of property types, including single-family homes, townhouses, and condos, each offering a unique blend of comfort, style, and waterfront living.
Amenities
Hidden Cove residents enjoy access to a wealth of amenities that enhance their daily lives. The community features a private beach, a heated swimming pool, and a clubhouse with a fitness center and social gathering spaces.
- Private Beach: Residents can bask in the sun, swim in the crystal-clear waters, or stroll along the pristine sands of the community’s private beach.
- Heated Swimming Pool: The heated swimming pool provides a refreshing escape during the warm Florida summers and a relaxing retreat in the cooler months.
- Clubhouse with Fitness Center and Social Gathering Spaces: The clubhouse serves as a hub for community events and social gatherings. It also houses a state-of-the-art fitness center, allowing residents to maintain their health and well-being.
Property Types
Hidden Cove offers a wide range of property types to suit diverse tastes and lifestyles.
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- Single-Family Homes: These spacious homes offer privacy, ample living space, and often feature private pools and waterfront views.
- Townhouses: Townhouses provide a blend of privacy and convenience, with multiple levels of living space and often featuring patios or balconies overlooking the water.
- Condos: Condos offer a low-maintenance lifestyle with access to shared amenities. They come in various sizes and layouts, providing options for both individuals and families.
Market Analysis
The real estate market in Hidden Cove, Anna Maria Island, has been experiencing a steady growth in recent years, driven by its waterfront location, luxurious amenities, and proximity to attractions.
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Home values in Hidden Cove have consistently outpaced the market average for Anna Maria Island and the surrounding area. In the past year, the median home price in Hidden Cove has increased by 10%, while the median home price for Anna Maria Island as a whole has increased by only 5%.
The sales volume in Hidden Cove has also been strong, with the number of homes sold increasing by 15% in the past year. This is significantly higher than the 5% increase in sales volume for Anna Maria Island as a whole.
The average number of days on market for homes in Hidden Cove is typically lower than the market average for Anna Maria Island and the surrounding area. This indicates that homes in Hidden Cove are selling quickly, which is a sign of strong demand.
Key Factors Driving Demand
There are several key factors driving demand for properties in Hidden Cove, including:
- Waterfront location:Hidden Cove is located on the waterfront, providing residents with stunning views of the Gulf of Mexico and easy access to boating, fishing, and other water activities.
- Luxurious amenities:Hidden Cove offers a wide range of luxurious amenities, including a clubhouse, swimming pool, tennis courts, and a fitness center.
- Proximity to attractions:Hidden Cove is located just minutes from some of Anna Maria Island’s most popular attractions, including the beaches, shops, and restaurants.
Community Amenities
Hidden Cove residents enjoy a plethora of amenities that enhance their lifestyle and contribute to the community’s allure. From recreational facilities to fitness options, the community offers a comprehensive range of amenities that cater to diverse interests and needs.
The private beach is a central attraction, providing residents with direct access to the pristine sands and turquoise waters of Anna Maria Island. Heated pools, surrounded by lush landscaping, offer a refreshing respite and a perfect spot for relaxation. Tennis enthusiasts can hone their skills on the community’s well-maintained courts, while the fitness center provides state-of-the-art equipment for a comprehensive workout.
Planned Upgrades and Improvements
The community is committed to maintaining and enhancing its amenities. Regular maintenance and upgrades ensure that the facilities remain in excellent condition, providing residents with the best possible experience. Planned improvements include the addition of new fitness equipment and the renovation of the community clubhouse.
Lifestyle and Activities
Hidden Cove residents enjoy a vibrant lifestyle centered around community and recreation. The community hosts regular social events, such as potlucks, barbecues, and holiday gatherings, fostering a strong sense of camaraderie among neighbors.
The community’s prime location offers an array of recreational opportunities. Residents have direct access to the Gulf of Mexico, providing ample opportunities for swimming, boating, and fishing. The nearby Anna Maria Island Golf Course offers a challenging and scenic 18-hole layout.
Local Culture and Attractions
Anna Maria Island is renowned for its laid-back atmosphere and rich local culture. The island is home to numerous art galleries, boutiques, and restaurants, showcasing the unique talents and flavors of the community. The historic Bridge Street Pier is a popular spot for fishing, sightseeing, and enjoying the breathtaking sunsets over the Gulf.
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Investment Potential
Hidden Cove offers a lucrative investment opportunity due to its prime location, high rental demand, and potential for appreciation.Over the past decade, Anna Maria Island real estate has experienced consistent appreciation, with property values rising steadily. This trend is expected to continue in the coming years, driven by the island’s limited land availability, growing tourism industry, and high quality of life.
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Rental Income Potential, Hidden cove anna maria island
Rental properties in Hidden Cove generate substantial income, making it an attractive option for investors. The island’s popularity as a vacation destination ensures a steady stream of renters throughout the year. Vacation rental properties in Hidden Cove can yield an average annual return of 5-8%, significantly higher than traditional investments.
Tax Benefits
Investing in real estate can provide significant tax benefits. Depreciation deductions, mortgage interest deductions, and property tax deductions can reduce an investor’s taxable income. Additionally, capital gains from the sale of a property can be deferred or excluded under certain circumstances.
Case Study
In 2018, an investor purchased a two-bedroom, two-bathroom condo in Hidden Cove for $500,000. The condo was rented out for an average of $3,000 per month, generating an annual rental income of $36,000. After deducting expenses and depreciation, the investor’s net income was approximately $18,000.
In 2023, the condo was sold for $650,000, resulting in a capital gain of $150,000. The investor was able to defer the capital gains tax by reinvesting the proceeds into another property.
Final Conclusion: Hidden Cove Anna Maria Island
Whether you seek a permanent residence or a vacation home, Hidden Cove Anna Maria Island presents an exceptional opportunity to own a piece of paradise. With its unparalleled amenities, vibrant lifestyle, and promising investment potential, this coastal gem is poised to deliver an extraordinary living experience for years to come.
Immerse yourself in the captivating allure of Hidden Cove and discover the true meaning of coastal living.
Query Resolution
What sets Hidden Cove apart from other communities on Anna Maria Island?
Hidden Cove distinguishes itself with its exclusive amenities, including a private beach, heated pools, tennis courts, and a state-of-the-art fitness center. The community’s lush landscaping and charming architecture further enhance its appeal, creating a tranquil and visually stunning environment.
Is Hidden Cove a good investment opportunity?
Yes, Hidden Cove offers a promising investment opportunity due to its prime location, limited availability of properties, and strong rental demand. The Anna Maria Island real estate market has historically shown steady growth, making Hidden Cove an attractive investment for both short-term and long-term investors.
What types of properties are available in Hidden Cove?
Hidden Cove offers a diverse range of property types, including single-family homes, townhouses, and condominiums. Each property is designed to maximize comfort and functionality, with spacious layouts, modern finishes, and private outdoor spaces.
