$640,000
$160K PRICE DROP

2114 5th St E Palmetto, FL 34221

Estimated payment $4,199/month

Total Views 9,990
3 Beds
3.5 Baths
2,319 Sq Ft
$276 Price per Sq Ft

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

Jessica Peterson

DREAMIFY REAL ESTATE LLC Brokerage Phone: 941-827-0700 License #3417108 Listed on: 01/24/2025

DREAMIFY REAL ESTATE LLC

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,351

Year Built

Built in 2020

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Frame
  • Fireplace: No
  • Living Area: 2319
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 3073
  • Lot Size Sq Ft: 6499
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Entry Level: 1
  • Building Area Total Srch Sq M: 285.49
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 275.98
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Canal Front,Dock,Fishing,Marina,River,Water Access,Waterfront
  • Attribution Contact: 941-827-0700
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 215.44

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Beach,Freshwater Canal w/Lift to Saltwater Canal
  • Water Extras: Assigned Boat Slip,Lift
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0168F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, 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, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Sidewalks
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Spa/Hot Tub
  • Association Fee: 393
  • Association Fee Frequency: Quarterly
  • Association Name: Jennie L Byram
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association #2 Fee: 1701
  • Association #2 Fee Frequency: Annually
  • Association: Condominium Associates
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: jbyram@condominiumassociates.com

Fee Information

  • Total Annual Fees: 3273.00
  • Total Monthly Fees: 272.75
  • Monthly HOA Amount: 131.00

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015737159
  • Additional Parcels: No
  • Lot Features: Near Marina
  • Flood Zone Code: x500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with association

Tax Info

  • Tax Annual Amount: 7351.38
  • Tax Book Number: 36-51
  • Tax Lot: 143
  • Tax Other Annual Assessment Amount: 762

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $415,600 Calatlantic Title Inc
Special Warranty Deed $5,391,800 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,763 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: A4637532

Stellar MLS

APN: 10157-3715-9