Welcome to "Sea Life Happy" 511 Magnolia Ave. This stunning CANAL FRONT HOME is deceivingly large and perfectly located close to everything Anna Maria has to offer. Beautiful beaches, the crystal blue waters of the Gulf, Pine Avenue, unique shopping, wonderful restaurants, and The Historic Anna Maria Pier, just to name a few. Anna Maria's beloved Community Center is also just down the road, offering fitness classes, youth activities, interesting lectures, Friday bingo (don't knock it til you try it), live theater and a wonderful concert series. Beyond location, there are so many special features this house has to offer. Step inside the bright and airy chef's kitchen boasting high ceilings, new stainless steal appliances, white cabinetry, island seating, large pantry, and a charming dining area with cozy window seat. A substantial addition was made to the original home in 2012 which added significant living and entertaining space including the comfortable family room, outside Balcony and entire 3rd floor. Living area offers plenty of seating and a game table for family fun night, sliding glass doors lead to a large covered balcony with a spiral staircase down to your private pool. The main floor of the home also features a cheerful office, 2 bedrooms and 2 bathrooms (one a master with walk in closet and en-suite), There is a well appointed laundry room with new washer and dryer, cabinets, counter space, plenty of storage and Central Vacuum Station. A wide staircase will take you to a 3rd level guest bedroom and a true OWNER'S RETREAT! A privacy entrance leads to a spacious master bedroom with 2 large walk-in closets and luxurious en-suite bathroom with double vanity, soaking tub and large separate shower enclosure. Now let's move on to the 2,000 sq ft of non conforming BONUS SPACE! This unbelievable home has a ground floor private guest suite large enough to accommodate a king bed and a full bed with a bunk above. Large closets and another full bathroom. Another door leads to an indoor game room and bar area, a favorite place to gather and relax after a long fun filled day on the boat. Take the party outside to the newly finished 2023 saltwater pool and spa. Your Oasis back yard includes an outdoor shower, privacy landscaping and lighting leading to a walkway between the mangroves (no seawall) to your dock and boat lift on the wide canal near the mouth of Bimini Bay with NO BRIDGES to the open waters of the Gulf of Mexico. The home also features an oversized 2 car garage with loads of storage spaces, a complete home Safeway Water Filtration System installed in 2020 as well as a reverse osmosis system in the kitchen, New AC Units, and the roof was completely refitted with all new screws and flashing this year. Currently functions as a second home and successful vacation rental, you cannot miss seeing this spectacular family home! Seller Motivated!