Welcome to Runaway Bay, an island paradise community on Bradenton Beach offering the perfect blend of coastal living and investment potential, with weekly rentals allowed. Ideal as a winter retreat or income-producing getaway, this beautifully updated 1-bedroom, 1-bath residence is located on the second floor and showcases tranquil lagoon views with a sparkling fountain backdrop. Step inside to find an abundance of natural light and the calming sounds of the water just outside. The well-appointed kitchen is thoughtfully designed for easy meal prep and entertaining, opening seamlessly to the living and dining area for a bright, open-concept layout. The spacious primary bedroom comfortably accommodates a king-size bed and features stunning water views along with private access to the lanai. Sellers enhanced the outdoor space with sleek teak wood flooring, creating the perfect spot to relax and soak in the tropical ambiance. An in-unit stacking washer and dryer adds everyday convenience. Significant updates provide peace of mind, including the installation of new roofs and gutters in 2025, a new A/C system in August 2024, and a new water heater in January 2026. The unit is being sold turnkey furnished, excluding a few personal items. The unit includes new TVs, dishes, fixtures, fans, lighting, art, shelving, WiFi thermostat, WiFi entry locks, and a fun color-changing WiFi entry light. Runaway Bay boasts an impressive array of amenities: deeded beach access, a newly oversized observation and fishing pier on the bay, the largest heated pool on Anna Maria Island that has been completely renovated, resurfaced pickleball and tennis courts, shuffleboard, kayak launch, multiple Weber charcoal grills throughout the community, and a clubhouse currently undergoing renovations with a fitness center. Live the island lifestyle and enjoy everything Anna Maria Island has to offer while benefiting from an established vacation rental with bookings already in place from February through April and more on the horizon.