1000 Riverside Dr Unit B501 Palmetto, FL 34221
Estimated payment $4,200/month
Highlights
- Marina View
- Property is near a marina
- Property is near public transit
- Fitness Center
- 0.84 Acre Lot
- Florida Architecture
About This Home
One or more photo(s) has been virtually staged. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.
Listing Agent
RE/MAX ALLIANCE GROUP Brokerage Phone: 941-758-7777 License #3332611 Listed on: 04/21/2025

Property Details
Home Type
- Condominium
Year Built
- Built in 1984
HOA Fees
- $1,732 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Basement Garage
- Ground Level Parking
- Assigned Parking
Property Views
- Marina
- River
Home Design
- Florida Architecture
- Entry on the 5th floor
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,475 Sq Ft Home
- 2-Story Property
- Sliding Doors
- Entrance Foyer
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
Flooring
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Property is near a marina
- Outdoor Storage
- Rear Porch
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
- Cable TV Available
Additional Features
- North Facing Home
- Property is near public transit
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Block 501
- Assessor Parcel Number 3122102100
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
- Dennis Parks Association, Phone Number (813) 955-5885
- Visit Association Website
- Regatta Pointe Condo Community
- Regatta Pointe Ph I Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
Amenities
- Elevator
- Community Mailbox
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets up to 20 lbs
- 2 Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $12,438 | $552,500 | -- | $552,500 |
2024 | $12,438 | $624,750 | -- | $624,750 |
2023 | $11,868 | $586,500 | $0 | $586,500 |
2022 | $4,497 | $242,361 | $0 | $0 |
2021 | $4,256 | $235,302 | $0 | $0 |
2020 | $4,364 | $232,053 | $0 | $0 |
2019 | $4,269 | $226,836 | $0 | $0 |
2018 | $4,201 | $222,606 | $0 | $0 |
2017 | $3,945 | $218,027 | $0 | $0 |
2016 | $3,901 | $213,543 | $0 | $0 |
2015 | $3,848 | $212,059 | $0 | $0 |
2014 | $3,848 | $210,376 | $0 | $0 |
2013 | $4,114 | $227,377 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/26/2025 08/26/25 | Price Changed | $390,000 | -21.2% | $158 / Sq Ft |
07/08/2025 07/08/25 | Price Changed | $495,000 | -10.0% | $200 / Sq Ft |
04/21/2025 04/21/25 | For Sale | $550,000 | -- | $222 / Sq Ft |
Source: Stellar MLS
MLS Number: A4649355

APN: 31221-0210-0
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