2114 5th St E Palmetto, FL 34221
Estimated payment $4,199/month
Highlights
- Beach Access
- Boat Lift
- Gated Community
- Assigned Boat Slip
- Fitness Center
- Open Floorplan
About This Home
BEST PRICED HOME IN THE COMMUNITY WITH RARE OPPORTUNITY TO ALSO PURCHASE A BOAT SLIP AND LIFT! This property qualifies for a 1% rate reduction if using preferred lender. Inquire for more details. The seller is motivated! This contemporary three-bedroom, three-and-a-half-bathroom home is SURROUNDED BY MILLION DOLLAR HOMES located in the gated, resort-style boating community of Sanctuary Cove. Nestled in one of the closest boating communities to the Intracoastal, this home is NOT in flood zone AE, no hurricane damage, no flooding. Built with impact windows and sliders, it offers peace of mind along with luxury finishes like tray ceilings, quartz countertops in kitchen and baths, 42" gray cabinetry, a counter-height center island ideal for entertaining, a built-in wall oven, microwave/convection oven, and a natural gas cooktop. A rare and striking upgrade, the quartz countertops extend all the way up to the wall, creating a seamless, luxurious finish that elevates the entire kitchen. The spacious open layout features a massive walk-in closet that people say could be another room, an oversized primary shower that most dream of. There is a flexible den or dining area that could be converted to create four bedrooms. There's also a private bedroom and full bathroom at the front of the home, perfect for multi-generational living or guests. Outdoor enthusiasts will appreciate the tropical backyard lined with palm trees for privacy, pre-installed hookups for an outdoor kitchen, and ample space to add a private pool. Enjoy lawn care included by the association and live just steps away from the private marina, clubhouse, and amenities. The 8,600 sq ft clubhouse offers a state-of-the-art fitness center with water views, billiards, ping pong, family room with TV, kitchen, resort-style pool with lap lanes and hot tub, grilling area, and vibrant social events including food truck nights, game nights, Zumba on the beach, crawfish boil and more. Just a short walk or golf cart ride takes you to the private community beach on the Manatee River, perfect for relaxing, beach volleyball, or launching your kayak from community storage. Located across from Detweiler’s Farm Market. Check out how close it is to Anna Maria Island, Ellenton, Parrish, Bradenton, Sarasota, St. Pete Beach, Lido Beach, and Holmes Beach. This rich amenity, coastal home is an exceptional find. This home is listed without the boat slip but you have the opportunity to purchase it if so desired! Schedule your showing today!
Listing Agent
DREAMIFY REAL ESTATE LLC Brokerage Phone: 941-827-0700 License #3417108 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,351
Year Built
- Built in 2020
Lot Details
- 6,499 Sq Ft Lot
- Property fronts a freshwater canal
- South Facing Home
- Property is zoned PDMU
HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
- Slab Foundation
- Frame Construction
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,319 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Sliding Doors
- Living Room
- Laundry Room
Kitchen
- Built-In Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Beach Access
- Property is near a marina
- Boat Lift
- Assigned Boat Slip
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 143
- Assessor Parcel Number 1015737159
- $762 per year additional tax assessments
Community Details
Overview
- Association fees include pool, ground maintenance, trash
- Jennie L Byram Association
- Condominium Associates Association
- Sanctuary Cove Subdivision
- On-Site Maintenance
- The community has rules related to allowable golf cart usage in the community
Amenities
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Community Pool
- Community Spa
Security
- Gated Community
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 | $8,114 | $433,216 | -- | -- |
| 2024 | $8,114 | $421,007 | -- | -- |
| 2023 | $7,998 | $408,745 | $0 | $0 |
| 2022 | $7,802 | $396,840 | $0 | $0 |
| 2021 | $6,706 | $385,282 | $70,000 | $315,282 |
| 2020 | $1,406 | $70,000 | $70,000 | $0 |
| 2019 | $615 | $70,000 | $70,000 | $0 |
| 2018 | $157 | $7,000 | $7,000 | $0 |
| 2017 | $147 | $7,000 | $0 | $0 |
| 2016 | $135 | $6,050 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Price Changed | $640,000 | -1.5% | $276 / Sq Ft |
| 04/26/2025 04/26/25 | Price Changed | $650,000 | -16.1% | $280 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $775,000 | -0.5% | $334 / Sq Ft |
| 02/27/2025 02/27/25 | Price Changed | $779,000 | -0.8% | $336 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $785,000 | -1.9% | $339 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $800,000 | 0.0% | $345 / Sq Ft |
| 11/11/2023 11/11/23 | Rented | $3,900 | 0.0% | -- |
| 11/10/2023 11/10/23 | Under Contract | -- | -- | -- |
| 10/18/2023 10/18/23 | For Rent | $3,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $415,600 | Calatlantic Title Inc | |
| Special Warranty Deed | $5,391,800 | Calatlantic Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $394,763 | New Conventional |
Source: Stellar MLS
MLS Number: A4637532
APN: 10157-3715-9
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