NOT LISTED FOR SALE

2322 5th St E Palmetto, FL 34221

Estimated Value: $660,131 - $776,000

3 Beds
2.5 Baths
2,243 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $703,000 $313 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,498/month

97 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Gated Community
  • Beach Access
  • New Construction
  • Clubhouse

About This Home

As of February 2023

A Rare opportunity to own a Brand New home located in the luxurious gated community of Sanctuary Cove. This beautiful modern home is a definite must see with a total of 2250 sq ft including 3 bedrooms appointed with custom closets and 2.5 bathrooms. The culinary lover will appreciate the large kitchen with custom cabinets, quartz countertops, pot filler, double wall oven, built-in refrigerator and GE® stainless steel appliances. The family room is perfect for social gatherings of any size, and the spacious covered patio provides the ideal outdoor living space. An expansive master suite offers his and hers sinks and a grand walk-in custom closet. Two additional bedrooms as well as a flex room provide you with a space to enjoy your favorite hobby and host overnight guests. Other notable features include hurricane rated impact resistant Low-E windows and doors, tankless water heater, in wall pest control, Custom built-in closets in each bedroom, and window coverings, Pot Filler in the kitchen, Custom Walk-in pantry to name a few. Take a short walk and you are at the Clubhouse to enjoy Resort style pool and spa or exercise at well appointed gym. Sanctuary Cove gated community offers resort-style pool, fitness center and 8,600 sq ft Clubhouse, Private Beach and Kayak launch and storage. Spend your day on a boat fishing or simply cruise to see the sights of the Gulf of Mexico. Only minutes by boat to a number of restaurants, including the Bradenton Yacht Club. Sanctuary Cove is close to Downtown Bradenton, River Walk, I-75 and I-275, a short drive to Anna Maria Island, Bradenton/Holmes Beach, Longboat Key, Sarasota, St Pete and Tampa Bay. Some photos have been virtually staged.

Last Agent to Sell the Property

Eugene Smith

ALBERT WOOSTER & COMPANY Brokerage Phone: 941-706-2142 License #3466352 Listed on: 10/28/2022

Last Buyer's Agent

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,141 Sq Ft Lot
  • Property fronts a freshwater canal
  • Southwest Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,243 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • High Impact Windows

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Property is near a marina
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, ground maintenance
  • C+S Community Mgt Services Julie Conway Association, Phone Number (941) 758-9454
  • Visit Association Website
  • Santuary Cove Association
  • Built by WCI
  • Sanctuary Cove Subdivision, San Remo Floorplan
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,343

Year Built

Built in 2022 | New Construction

Lot Details

8,141 Sq Ft Lot

HOA Fees

$183 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2243
  • Lot Size Acres: 0.19
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 3016
  • Lot Size Sq Ft: 8141
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 280.20
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 313.42
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: End Unit
  • Attribution Contact: 941-706-2142
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 208.38

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Other
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water Access: Beach,Freshwater Canal w/Lift to Saltwater Canal
  • 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: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Maintenance, Marina, Pool, Spa/Hot Tub, Storage
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: C+S Community Mgt Services - Julie Conway
  • Phone: 941-758-9454
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association #2 Fee: 995
  • Association #2 Fee Frequency: Annually
  • Association: Santuary Cove
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: jconway@cscmsi.com
  • Association URL: www.cscmsi.com

Fee Information

  • Total Annual Fees: 2195.00
  • Total Monthly Fees: 182.92
  • Monthly HOA Amount: 100.00

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015737809
  • Additional Parcels: No
  • Lot Features: Near Marina
  • Flood Zone Code: x

Building Info

  • Builder Name: WCI

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See HOA Paperwork.

Tax Info

  • Tax Annual Amount: 1342.68
  • Tax Block: -
  • Tax Book Number: 36-51
  • Tax Lot: 156
  • Tax Other Annual Assessment Amount: 479

Multi Family

  • Approval Process: See HOA Paperwork.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Feb 17, 2023
Sold by
Jeffrey M Saplis And Anna Saplis Trust
Bought by
Blandford Randy and Blandford Elizabeth
Seller's Agent
Eugene Smith
ALBERT WOOSTER & COMPANY
Buyer's Agent
Elizabeth Blandford
SALTY MERMAID REAL ESTATE LLC
List Price
$795,000
Sold Price
$703,000
Premium/Discount to List
-$92,000
-11.57%
Views
73
Current Estimated Value
$734,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,783
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Jul 29, 2022
Sold by
Wci Communities Llc
Bought by
Jeffrey M Saplis And Anna Saplis Trust and Saplis

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sanctuary Cove Asli Vi Lllp
Bought by
Wci Communities Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blandford Randy $703,000 --
Jeffrey M Saplis And Anna Saplis Trust $532,000 Lennar Title Inc
Wci Communities Llc $4,586,800 Calatlantic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Off Market $703,000 -- --
02/21/2023 02/21/23 Sold $703,000 -3.6% $313 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $729,000 -5.2% $325 / Sq Ft
01/18/2023 01/18/23 Price Changed $769,000 -3.3% $343 / Sq Ft
10/28/2022 10/28/22 For Sale $795,000 -- $354 / Sq Ft
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 $6,496 $344,306 -- --
2024 $6,496 $334,603 -- --
2023 $10,340 $490,015 $81,600 $408,415
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

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Map

Source: Stellar MLS

MLS Number: A4551042

Stellar MLS

APN: 10157-3780-9

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