NOT LISTED FOR SALE

1609 4th St E Palmetto, FL 34221

Estimated Value: $469,468 - $1,902,000

0.34 Acre
$2,531,962 Price per Acre
14,810 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $510,000

Est. 69% increase in value since last sale

Current estimated payment $5,433/month

174 Days on Market

Highlights

  • 100 Feet of Riverfront
  • Access To Marina
  • Fitness Center
  • Community Beach Access
  • Boat Slip Deeded
  • Gated Community

About This Lot

As of May 2023

Vacant Land ready to build your dream home on the Manatee River Final phase of lots now released starting at $400,000! Pick your lot, pick your Builder! Welcome to laid back luxury living in Water’s Edge at Sanctuary Cove - Manatee County’s newest Waterfront Boating Community on the Manatee River! This unique gated community features a private Riverfront sand beach, kayak/canoe launch picnic & grill area. Low HOA fee’s include beautiful clubhouse with resort style pool, fitness center, game room and waterfront patio. Water’s Edge is located in a perfect location for commuters and boaters alike! Developer is currently offering a boat slip included with the lot purchase. Community lift will accommodate up to a 35' boat. Water’s Edge at Sanctuary Cove - where you can pick your lot, pick your Builder - located less than 10 mins to downtown Bradenton, 20 mins to St. Petersburg and 20 mins to Sarasota.

Last Agent to Sell the Property

Thomas Hearn

FINE PROPERTIES License #3051922 Listed on: 07/22/2022

FINE PROPERTIES

Co-Listed By

Nicole Hearn

FINE PROPERTIES License #3146545

Last Buyer's Agent

Diane Consuegra

DALTON WADE INC License #3436949

DALTON WADE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $680

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x100
  • 100 Feet of Riverfront
  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Private Lot
  • Cleared Lot
  • Property is zoned PDMU

HOA Fees

  • $83 Monthly HOA Fees

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • River Views
  • Reclaimed Water Irrigation System

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 1015741009
  • $834 per year additional tax assessments

Community Details

Overview

  • Association fees include common area taxes, pool, private road, recreational facilities
  • $95 Other Monthly Fees
  • C&S Management / Julie Conway Association, Phone Number (941) 758-9454
  • Sanctuary Cove Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Community Beach Access
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Access To Marina
  • Property is near a marina
  • Dock has access to water
  • No Wake Zone
  • Boat Slip Deeded

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$680

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Private Road, Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 15002
  • Directions to Property: I-75 exit 224, to west on US HWY 301, to left on Sanctuary Cove Way (at Ellenton / Palmetto line), to left on 5th ST E, to right on 4th ST E. Lot 220 on left .
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • Escrow City: Parrish
  • Escrow Postal Code: 34219
  • Escrow State: FL
  • Escrow Street Name: U.S. Hwy 301 N
  • Escrow Street Number: 8405
  • List Office Head Office Key Nume: 1047148
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 34.00
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Other Fees Amount: 95
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1609

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: Private Road
  • Water Body Name: MANATEE RIVER
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Access: Marina
  • Water Extras: Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,No Wake Zone
  • Water Extras YN: 1
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Price Per Acre: 1500000
  • Water Frontage Feet River: 100

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sprinkler Recycled, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Irrigation-Reclaimed Water, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 993
  • Association Fee Frequency: Annually
  • Association Name: C&S Management / Julie Conway
  • Phone: (941) 758-9454
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Max Pet Weight: 100
  • Association Email: jconway@cscmsi.com
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 2133.00
  • Total Monthly Fees: 177.75
  • Other Fees Term: Monthly
  • Monthly HOA Amount: 82.75

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015741009
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Cleared, Curb and Gutters, City Limits, Near Marina, Street Dead-End, Street Lights, Paved, Private
  • Lot Dimensions: 150x100
  • Flood Zone Code: AE,X
  • Lot Size Square Meters: 1394
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 680.15
  • Tax Book Number: 36-51
  • Tax Lot: 220
  • Tax Other Annual Assessment Amount: 834

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Sanctuary Cove Bradenton Asli Vi Lllp
Bought by
Halbrook Jerry Lee and Douglass Dawn Elise
Current Estimated Value
$860,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Outstanding Balance
$1,432,399
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
-$571,532
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Halbrook Jerry Lee $510,000 Barnes Walker Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halbrook Jerry Lee $1,475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $510,000 -2.9% --
01/13/2023 01/13/23 Pending -- -- --
07/22/2022 07/22/22 For Sale $525,000 -- --
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 $9,428 $1,143,610 $408,000 $735,610
2024 $9,428 $408,000 $408,000 --
2023 $4,962 $408,000 $408,000 $0
2022 $4,902 $400,000 $400,000 $0
2021 $680 $35,000 $35,000 $0
2020 $712 $35,000 $35,000 $0
2019 $717 $35,000 $35,000 $0
2018 $724 $35,000 $35,000 $0
2017 $697 $35,000 $0 $0
2016 $683 $33,700 $0 $0
2015 $689 $33,700 $0 $0
2014 $689 $33,700 $0 $0
2013 $696 $33,700 $33,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4542972

Stellar MLS

APN: 10157-4100-9