2114 5th St E Palmetto, FL 34221
Estimated payment $4,268/month
Highlights
- Beach Access
- Boat Lift
- Gated Community
- Assigned Boat Slip
- Fitness Center
- Open Floorplan
About This Home
Under contract-accepting backup offers. Check out one of the best values in Sanctuary Cove right now, your opportunity to own in a million-dollar boating community without the million-dollar price tag!
RARE OPPORTUNITY to purchase a private boat slip and lift. Avoid potential wait times and step directly into the waterfront lifestyle.
Now easy to show and ready for its next owner, this home may qualify for a 1% rate reduction with preferred lender, subject to buyer qualification, ask for details. Seller open to offers.
This contemporary 3 bedroom, 3.5 bath home is located in the gated, resort style boating community of Sanctuary Cove, one of the most desirable communities with close access to the Intracoastal. A rare advantage for waterfront living, this home is located in a more favorable flood zone designation compared to some waterfront properties. This home has never flooded. Inside, you will find a bright open layout with elevated finishes including tray ceilings, quartz countertops throughout, 42 inch gray cabinetry, and a stunning kitchen featuring a counter height island, natural gas cooktop, built in wall oven, and convection microwave. A standout upgrade, the quartz backsplash extends seamlessly to the ceiling, creating a clean, modern, luxury feel.
The spacious primary suite offers an expansive walk-in closet with room for additional storage or dressing space, along with an oversized walk- in shower designed for comfort. A flexible den or dining space allows for a potential fourth bedroom, while a private front bedroom and full bath provide the perfect setup for guests or multi-generational living.
Step outside to your tropical backyard with palm lined privacy, pre plumbed for an outdoor kitchen, and room to create your own pool retreat. Lawn maintenance is included, making this a true low maintenance lifestyle.
Sanctuary Cove delivers a resort style experience with an 8,600 sq ft clubhouse, fitness center with water views, resort style pool and spa, grilling areas, and a vibrant social calendar. Residents also enjoy access to a private marina and a community beach on the Manatee River, perfect for kayaking, relaxing, or sunset evenings.
Located directly across from Detwiler’s Farm Market and prime location to Anna Maria Island, Bradenton, Sarasota, St. Pete, and Gulf beaches.
Offered without the boat slip, with the option to purchase separately, giving you flexibility to customize your lifestyle investment!
Schedule your private showing and discover why this is one of the best values in Sanctuary Cove 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 |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | Pending | -- | -- | -- |
| 03/06/2026 03/06/26 | Price Changed | $638,000 | -0.3% | $275 / 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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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.