$1,700,000
SOLD APR 18, 2025

1818 4th St E Palmetto, FL 34221

4 Beds
4.5 Baths
3,016 Sq Ft
0.29 Acres

Recently Sold

$564 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • 85 Feet of Brackish Canal Waterfront
  • Beach Access
  • Boat Lift
  • Dock has access to electricity and water
  • Marina View
  • Fitness Center

About This Home

As of April 2025

Exceptional Dream Home situated within the exclusive Sanctuary Cove Community! This luxurious waterfront residence boasts breathtaking views of the water, Sanctuary Cove Clubhouse, and marina. This home requires NO FLOOD INSURANCE and DID NOT FLOOD or sustain damage from Hurricane Milton or Helene. Located within the gated, boating community of Waters Edge, this stunning custom-built home is ideal for discerning buyers seeking a luxurious lifestyle. With its newly constructed design, this property features 85 feet of waterfront, a sturdy seawall, and panoramic views. This impressive property presents an abundance of natural light, soaring ceilings, quartz counters, Thermador appliances, shutters, built-ins, whole house water softener, RO in Kitchen, hardwoods, 4 bedrooms, 4 ½ bathrooms, a home office, and a spacious 3-car garage.. The interior showcases 13-foot vaulted ceilings, 10-foot impact-resistant sliding doors, and stunning water views. Designed for entertainment and relaxation, this home features expansive living areas, a gourmet kitchen, and a private backyard oasis. The tranquil outdoor space includes a resort-style pool, spa, gourmet outdoor kitchen, and a composite dock with a 10,000 lb. boat lift. Sanctuary Cove offers a wealth of activities, including a Clubhouse, riverfront beach, pool, workout room, and entertainment spaces. This aquatic community is perfect for those seeking a luxurious waterfront lifestyle.
Virtual walk through:https://my.matterport.com/show/?m=okw5XxAV396&mls=1

Last Agent to Sell the Property

Chrisy Tellis

MAGNATE REALTY, LLC Brokerage Phone: 727-424-6499 License #3377823 Listed on: 01/30/2025

Last Buyer's Agent

Linda Trautweiler

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3218967

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,290

Year Built

  • Built in 2022

Lot Details

  • 0.29 Acre Lot
  • 85 Feet of Brackish Canal Waterfront
  • Property fronts a canal with brackish water
  • South Facing Home
  • Property is zoned PDMU

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Marina
  • River
  • Lake
  • Pond
  • Pool

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • French Doors
  • Sliding Doors
  • Great Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Security Gate
  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • HVAC UV or Electric Filtration
  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Beach Access
  • River Access
  • Access To Pond
  • Access To Lake
  • Access to Freshwater Canal
  • Access to Brackish Water
  • Boat Lift
  • Dock has access to electricity and water
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

Community Details

Overview

  • Sanctuary Cove HOA Jennie Byram Association, Phone Number (727) 573-0093
  • Visit Association Website
  • Built by Vision Group Luxury Home Builders
  • Sanctuary Cove Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,290

Year Built

Built in 2022

Lot Details

0

HOA Fees

$142 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 3016
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 5164
  • Lot Size Sq Ft: 12750
  • Directions to Property: Take I-75 take exit 224 for US-301S, approx 3 miles turn left onto Sanctuary Cove Way, 0.6 mi turn left onto 5th St E, in 0.2 mi turn right onto 4th St E.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow State: FL
  • Escrow Street Name: US HWY 19 N
  • Escrow Street Number: 2905
  • List Office Head Office Key Nume: 205154026
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 563.66
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Marina,River,Water Access,Waterfront
  • Attribution Contact: 727-424-6499
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Water Softener
  • Foundation Details: Block, Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Storm Window(s), Shutters, Window Treatments
  • Street Number Modifier: 1818
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 280.20
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: MANATEE RIVER
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach,Brackish Water,Canal - Freshwater,Lake,Pond,River
  • Water Extras: Lift
  • Water Extras YN: 1
  • Water View: Lake,Marina,Pond,River
  • Water View YN: 1
  • Waterfront Feet Total: 85
  • Water Frontage Feet Canal Bracki: 85

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Fee: 1701
  • Association Fee Frequency: Annually
  • Association Name: Sanctuary Cove HOA - Jennie Byram
  • Phone: 727-573-0093
  • Association: Yes
  • Security: Closed Circuit Camera(s), Gated Community, Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Please review HOA docs if important.
  • Association Fee Requirement: Required
  • Association Email: jbyram@condominiumassociates.com
  • Association URL: https://sanctuarycovefl.net

Fee Information

  • Total Annual Fees: 1701.00
  • Total Monthly Fees: 141.75
  • Monthly HOA Amount: 141.75

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015739909
  • Additional Parcels: No
  • Flood Zone Code: AE,X
  • Homestead YN: 1
  • Lot Size Square Meters: 1185

Green Features

  • Green Indoor Air Qlty: HVAC UV/Elec. Filtration
  • Green Verification Count: 0

Building Info

  • Builder Name: Vision Group Luxury Home Builders

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please review HOA docs if important.

Tax Info

  • Tax Annual Amount: 18290.5
  • Tax Book Number: 36-51
  • Tax Lot: 198
  • Tax Other Annual Assessment Amount: 1421

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 18, 2025
Sold by
Fatovic Eric and Fatovic Lisa
Bought by
Richard A Cunningham Jr Trust and Kristen B Cunningham Trust
Seller's Agent
Chrisy Tellis
MAGNATE REALTY, LLC
Buyer's Agent
Linda Trautweiler
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Total Days on Market
36
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.62%

Purchase Details

Closed on
Jul 30, 2021
Sold by
Santuary Cove Brandenton Asli Vi Lllp
Bought by
Fatovic Eric and Fatovic Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,000
Interest Rate
2.93%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $1,700,000 Abi Road Land & Title
Special Warranty Deed $250,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $809,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $1,700,000 -2.9% $564 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $1,750,000 -- $580 / 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
2024 $18,291 $942,389 -- --
2023 $18,067 $914,941 $229,500 $685,441
2022 $5,525 $225,000 $225,000 $0
2021 $1,170 $100,000 $100,000 $0
2020 $1,182 $100,000 $100,000 $0
2019 $1,084 $90,000 $90,000 $0
2018 $623 $30,000 $30,000 $0
2017 $600 $30,000 $0 $0
2016 $645 $31,800 $0 $0
2015 $651 $31,800 $0 $0
2014 $651 $31,800 $0 $0
2013 $658 $31,800 $31,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8342634

Stellar MLS

APN: 10157-3990-9