$2,300,000
SOLD NOV 7, 2025

125 12th Ave E Palmetto, FL 34221

4 Beds
3.5 Baths
3,237 Sq Ft
9,374 Sq Ft Lot

Recently Sold

$711 Per Sq Ft

21% Below List Price

116 Days on Market

Highlights

  • 75 Feet of Marina Waterfront
  • White Water Ocean Views
  • Dock made with wood
  • Marina
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

As of November 2025

Welcome to Riviera Dunes, an exclusive gated waterfront enclave known for its luxury lifestyle and ideal location. Tucked within this private community lies a beautifully modernized residence, fully reimagined in 2022 to offer the perfect blend of comfort, and coastal elegance. From the moment you step through the front door, soaring ceilings and a light-filled two-story foyer set the stage for refined design and exceptional craftsmanship. European white oak flooring flows throughout, complementing designer-selected tilework in the spa-like baths. The chef’s kitchen is a incredible, featuring custom cabinetry with pull-outs, smart storage solutions, and top-tier appliances—including a Sub-Zero refrigerator and a natural gas Wolf range. A butler’s pantry with a wine cooler, second dishwasher, and additional storage adds function, making entertaining effortless. Walls of impact-rated sliding doors invite natural light and open to a limestone pool deck, where a spacious covered lanai with pool and spa offers the ideal backdrop for relaxing or entertaining as the sun sets over the water. The primary suite is a serene retreat with expansive water views, a luxurious bathroom featuring dual vanities, a zero-entry shower, and a soaking tub, and generous walk-in closet space. A bright home office or den offers a peaceful and bright space to work or unwind. For the boating enthusiast is the private 60' dock located in the protected harbor of Riviera Dunes—widely regarded as one of the safest harbors on Florida’s southwest coast. Every element of this home has been meticulously updated, including a new tile roof in 2023, making it truly move-in ready. Reach out today or your private tour!

Last Agent to Sell the Property

Jeffrey Hinrichs

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3240278 Listed on: 04/17/2025

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Caroline Mitchell

MICHAEL SAUNDERS & COMPANY License #3553018

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,561

Year Built

  • Built in 2002

Lot Details

  • 9,374 Sq Ft Lot
  • 75 Feet of Marina Waterfront
  • East Facing Home
  • Dog Run
  • Private Lot
  • Landscaped with Trees
  • Property is zoned C2

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Marina

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,237 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • River Access
  • Access To Marina
  • Property is near a marina
  • Dock has access to water
  • No Wake Zone
  • Rip-Rap
  • Dock made with wood
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • James Tillman Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Air
  • Heat Pump System
  • 1 Water Well
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Eric Hagar / Advance Management, Inc Association, Phone Number (941) 359-1134
  • Peninsula At Riviera Dunes Community
  • Peninsula At Riviera Dunes Subdivision

Recreation

  • Marina

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,561

Year Built

Built in 2002

Lot Details

0

HOA Fees

$141 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3237
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 4250
  • Lot Size Sq Ft: 9374
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 394.84
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 710.53
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Water Supply,Wet Dock
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-3444
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood, Marble, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Storm Window(s)
  • Living Area Meters: 300.73

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Dog Run, Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: RIVIERA DUNES BASIN
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Gulf/Ocean,Marina,River
  • Water Extras: No Wake Zone,Riprap
  • Water View: Bay/Harbor - Full,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Water Frontage Feet Marina: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Association Fee: 422
  • Association Fee Frequency: Quarterly
  • Association Name: Eric Hagar / Advance Management, Inc
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Association Email: ehagar@amiwra.com

Fee Information

  • Total Annual Fees: 1688.00
  • Total Monthly Fees: 140.67
  • Monthly HOA Amount: 140.67

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: C2
  • Parcel Number: 2581603459
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Marina, Private
  • Property Attached Yn: No
  • Flood Zone Code: X500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Refer to HOA docs.

Tax Info

  • Tax Annual Amount: 24561.04
  • Tax Book Number: 36-143
  • Tax Lot: 29

Multi Family

  • Waterfront Features: Marina in Community
  • Approval Process: Refer to HOA docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Nov 7, 2025
Sold by
Davis Henry
Bought by
Leibel Family Trust and Leibel
Seller's Agent
Jeffrey Hinrichs
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Caroline Mitchell
MICHAEL SAUNDERS & COMPANY
List Price
$2,900,000
Sold Price
$2,300,000
Premium/Discount to List
-$600,000
-20.69%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.94%

Purchase Details

Closed on
Aug 2, 2022
Sold by
125 12Th Avenue East Land Trust
Bought by
Davis Henry

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 29, 2022
Sold by
Fauske Janice R
Bought by
125 12Th Avenue East Land Trust
Seller's Agent
Arthur Paterson, Jr
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Paul DeSantis
PREMIER SOTHEBYS INTL REALTY
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$1,280,000
Interest Rate
2.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Fauske James H and Fauske Janice R
Bought by
Fauske James H and Fauske Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,600
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2016
Bought by
Fauske James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,600
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 2002
Sold by
1St Dartmouth Homes
Bought by
Fauske James H and Fauske Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,300,000 None Listed On Document
Special Warranty Deed $100 Dewitt Law Firm Pa
Warranty Deed $1,600,000 New Title Company Name
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $838,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,280,000 New Conventional
Previous Owner $662,600 VA
Previous Owner $670,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Sold $2,300,000 -7.8% $711 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $2,495,000 -5.8% $771 / Sq Ft
06/10/2025 06/10/25 Price Changed $2,650,000 -8.6% $819 / Sq Ft
04/17/2025 04/17/25 For Sale $2,900,000 +81.3% $896 / Sq Ft
04/29/2022 04/29/22 Sold $1,600,000 0.0% $549 / Sq Ft View Prior Sale
03/21/2022 03/21/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,600,000 -- $549 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $24,561 $1,285,863 $359,975 $925,888
2023 $24,839 $1,290,935 $349,775 $941,160
2022 $214 $675,313 $0 $0
2021 $194 $655,644 $0 $0
2020 $193 $646,592 $0 $0
2019 $184 $632,055 $0 $0
2018 $175 $620,270 $0 $0
2017 $168 $607,512 $0 $0
2016 $162 $590,178 $0 $0
2015 $10,890 $586,075 $0 $0
2014 $10,890 $581,424 $0 $0
2013 $10,833 $572,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4644968

Stellar MLS

APN: 25816-0345-9