$620,000
SOLD FEB 20, 2026

2318 5th St E Palmetto, FL 34221

3 Beds
3.5 Baths
2,507 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

14% Below List Price

176 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Property is near a marina
  • Open Floorplan
  • High Ceiling

About This Home

As of February 2026

MOTIVATED SELLER! $36K PRICE IMPROVEMENT! Welcome to Sanctuary Cove, a stunning gated marina community nestled in Palmetto. Offering the ultimate in resort-style living, this community features a luxurious clubhouse, state-of-the-art gym, refreshing swimming pool, and a private beach. This exquisite 2022-built home boasts 3 bedrooms, 3.5 bathrooms, and a spacious den, all designed with exceptional craftsmanship and an abundance of natural light. From the moment you step inside, you’ll be captivated by the breathtaking sanctuary views and the privacy that comes with no rear neighbors. The home’s interior is highlighted by elegant ivory 42" cabinetry and sleek quartz countertops. High-end custom lighting graces the kitchen, den, and dining areas, adding a touch of sophistication. Equipped with premium GE Profile appliances, including a gas range, oversized refrigerator, and microwave, this home is built for both comfort and style. An open floor plan seamlessly connects the living spaces, creating the perfect environment for entertaining guests. The master suite offers the perfect retreat, with sweeping sanctuary views and a spa-like bathroom featuring dual vanity sinks and a luxurious double-head shower. Storage is never an issue with spacious closets throughout, including walk-ins in both guest bedrooms, each with its own en-suite bathroom. Additional features include a tankless water heater for efficiency and hurricane-impact windows throughout the home, providing both safety and energy efficiency, especially during Florida’s storm season. Conveniently located near Tamiami Trail, US-301, and I-75, you’re just minutes away from sandy beaches, shopping, dining, and the airport. This stunning Florida home offers affordable luxury and is ready for you to move in. Don’t miss your chance—this gem won’t last long!

Last Agent to Sell the Property

Ken Gaydos

LPT REALTY, LLC. Brokerage Phone: 877-366-2213 License #3447964 Listed on: 08/05/2025

LPT REALTY, LLC.

Co-Listed By

Larry Fischer

LPT REALTY, LLC. Brokerage Phone: 877-366-2213 License #3154340

Last Buyer's Agent

Therese Masseo

FINE PROPERTIES License #3138842

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,634

Year Built

  • Built in 2022

Lot Details

  • 8,194 Sq Ft Lot
  • Southwest Facing Home
  • Landscaped
  • Property is zoned PDMU

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,507 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Blinds
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Ceramic Tile Flooring
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Shower Only
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Exterior Lighting

Schools

  • James Tillman Elementary School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, pool
  • Condominium Associates Jennie Byram Association, Phone Number (941) 236-7701
  • Visit Association Website
  • C&S Comm Management Services Inc Association
  • Sanctuary Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,634

Year Built

Built in 2022

Lot Details

8,194 Sq Ft Lot

HOA Fees

$247 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2507
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 8194
  • Lot Size Sq Ft: 8194
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR260033918
  • Co List Office Phone: 877-366-2213
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 761.25
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 247.31
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Marina,Water Access
  • Attribution Contact: 877-366-2213
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Storm Window(s)
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 232.91

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Lighting
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool
  • Association Fee: 315
  • Association Fee Frequency: Quarterly
  • Association Name: Condominium Associates - Jennie Byram
  • Phone: 941-236-7701
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association #2 Fee: 1701
  • Association #2 Fee Frequency: Annually
  • Association: C&S Comm Management Services Inc
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Pet Restrictions: Please contact HOA for any additional information.
  • Association Fee Requirement: Required
  • Association Email: jbyram@condominiumassociates.com
  • Association URL: condominiumassociates.com

Fee Information

  • Total Annual Fees: 2961.00
  • Total Monthly Fees: 246.75
  • Monthly HOA Amount: 105.00

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015737759
  • Additional Parcels: No
  • Lot Features: Landscaped, Near Marina, Sidewalk, Paved
  • Flood Zone Code: X500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: No Owner shall lease their Lot or Unit for a term less than three consecutive months and no more than two times within any (12) month period. Contact HOA for any additional information.

Tax Info

  • Tax Annual Amount: 12634.23
  • Tax Book Number: 36-51
  • Tax Lot: 155
  • Tax Other Annual Assessment Amount: 769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2025
Closed on
Feb 18, 2026
Sold by
Maslov Boris
Bought by
Odom Erin Kelley and Masseo Joseph Anthony
Seller's Agent
Ken Gaydos
LPT REALTY, LLC.
Buyer's Agent
Therese Masseo
FINE PROPERTIES
List Price
$725,000
Sold Price
$620,000
Premium/Discount to List
-$105,000
-14.48%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.59%
Original Mortgage
$496,000
Outstanding Balance
$496,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$149,839

Purchase Details

Closed on
Aug 30, 2022
Sold by
Wci Communities Llc
Bought by
Maslov Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,723
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sanctuary Cove Asli Vi Lllp
Bought by
Wci Communities Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $620,000 Properties Title
Special Warranty Deed $533,900 New Title Company Name
Special Warranty Deed $4,586,800 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 New Conventional
Previous Owner $373,723 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Sold $620,000 -4.5% $247 / Sq Ft
01/28/2026 01/28/26 Pending -- -- --
12/09/2025 12/09/25 Price Changed $649,000 -5.3% $259 / Sq Ft
10/28/2025 10/28/25 Price Changed $685,000 -1.4% $273 / Sq Ft
09/08/2025 09/08/25 Price Changed $695,000 -4.1% $277 / Sq Ft
08/05/2025 08/05/25 For Sale $725,000 0.0% $289 / Sq Ft
05/03/2024 05/03/24 Rented $3,995 0.0% --
05/02/2024 05/02/24 Under Contract -- -- --
04/11/2024 04/11/24 Price Changed $3,995 -6.0% $2 / Sq Ft
03/20/2024 03/20/24 Price Changed $4,250 -5.6% $2 / Sq Ft
03/05/2024 03/05/24 Price Changed $4,500 -10.0% $2 / Sq Ft
02/13/2024 02/13/24 For Rent $5,000 -- --
Source: Stellar MLS

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 $12,634 $560,644 $119,850 $440,794
2024 $12,634 $620,804 $119,850 $500,954
2023 $10,336 $531,390 $81,600 $449,790
2022 $2,286 $80,000 $80,000 $0
2021 $1,343 $70,000 $70,000 $0
2020 $647 $70,000 $70,000 $0
2019 $645 $70,000 $70,000 $0
2018 $200 $9,100 $9,100 $0
2017 $193 $9,100 $0 $0
2016 $199 $9,300 $0 $0
2015 $200 $9,300 $0 $0
2014 $200 $9,300 $0 $0
2013 $202 $9,300 $9,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: TB8412936

Stellar MLS

APN: 10157-3775-9

Your Personal Tour Guide

Ask me questions while you tour the home.