5531 2nd Avenue Cir W Palmetto, FL 34221
Estimated payment $10,015/month
Highlights
- 105 Feet of Bay Harbor Waterfront
- Dock has access to electricity
- Gated Community
- White Water Ocean Views
- Boat Lift
- Open Floorplan
About This Home
Under contract-accepting backup offers. Experience breathtaking sunsets every evening from your custom-built, modern Key West-style waterfront home in the exclusive, gated community of Terra Ceia Bay Estates, featuring only ten residences. Arrive by boat via Tampa Bay's open waters to your private 90-foot dock with a 10,000 pound boat lift, or park in your expansive five-car garage equipped with ample storage. An elevator conveniently takes you to any of the home’s three levels. The mid-level main entrance welcomes you to an open-concept living area with stunning 180 water views, showcased through disappearing four-panel pocket sliding glass doors. The living room boasts a spacious wood-burning fireplace with a custom wood mantle, granite hearth, and built-ins, all beneath soaring 10-foot coffered ceilings with in-ceiling Bose surround sound speakers. These high ceilings continue throughout the home, complemented by 3⁄4-inch solid Acacia hand-scraped hardwood floors, along with marble and travertine tile accents in the kitchen and bathrooms. The gourmet kitchen is a chef’s dream, offering a large walk-in pantry, granite countertops, under-cabinet and valance lighting, a touchless Kohler faucet, a generously sized island with bar seating, and a breakfast nook perfect for entertaining. It’s outfitted with high-end appliances, including a double oven, a five-burner low-profile electric cooktop, and a microwave drawer—ideal for hosting gatherings or preparing meals for family and friends. Adjacent is a formal dining room with crown molding and its own private balcony. On the third floor, the primary suite serves as a luxurious retreat, featuring a tray ceiling, a mirrored dressing area, and glass French doors leading to a private deck. A spiral staircase ascends to a crow’s nest, 40 feet above ground, where you can enjoy sunsets with panoramic views of the bay and Skyway Bridge. The ensuite bathroom offers heated travertine floors, a double vanity with granite countertops, a 12-jet Jacuzzi tub with an inline whirlpool heater, and an oversized walk-in shower with dual rainheads, four body sprays, and a shower wand. A nearby laundry room adds convenience, while an additional bedroom on this level includes a private bath with mosaic tile accents and a spacious wardrobe closet. Additional features of the home include solid core 8-foot interior doors, whole-house dimmable LED lighting, ceiling fans throughout, metal roofing, vinyl siding, Icynene attic spray foam insulation, a security system, PGT hurricane-rated impact windows and doors, see-through cable railing, and Trex composite decking. Outdoor amenities include dock lighting, a remote GEM boat lift controller, a 50A/30A shore power tower, and an in-ground sprinkler system. The home is located just 25 minutes from downtown St. Petersburg, 35 minutes from Tampa International Airport, and 20 minutes from University Mall. The HOA fee of $500/month covers community pool access, lawn and shrub maintenance, fertilization, and irrigation water.
Listing Agent
TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 12/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,413
Year Built
- Built in 2014
Lot Details
- 0.29 Acre Lot
- 105 Feet of Bay Harbor Waterfront
- Unincorporated Location
- Southeast Facing Home
- Mature Landscaping
- Irregular Lot
- Irrigation Equipment
- Property is zoned PDRCH
HOA Fees
- $500 Monthly HOA Fees
Parking
- 5 Car Attached Garage
- Driveway
- Guest Parking
Home Design
- Key West Architecture
- Elevated Home
- Slab Foundation
- Metal Roof
- Block Exterior
- Vinyl Siding
Interior Spaces
- 3,194 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- French Doors
- Sliding Doors
- Entrance Foyer
- Great Room
- Dining Room
- White Water Ocean Views
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Walk-In Pantry
- Built-In Double Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Access to Bay or Harbor
- No Fixed Bridges
- No Wake Zone
- Boat Lift
- Dock has access to electricity
- Open Dock
- Dock made with Composite Material
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
- Rain Barrels or Cisterns
Location
- Flood Zone Lot
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 7
- Assessor Parcel Number 2233110457
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, ground maintenance, private road
- Rob Munns Association, Phone Number (727) 515-8457
- Terra Ceia Community
- Terra Ceia Bay Estates Subdivision
- The community has rules related to deed restrictions
Recreation
- Community Pool
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 | $13,508 | $1,059,975 | -- | -- |
2024 | $13,508 | $1,030,102 | -- | -- |
2023 | $13,413 | $1,000,099 | $0 | $0 |
2022 | $13,195 | $970,970 | $0 | $0 |
2021 | $12,667 | $942,689 | $0 | $0 |
2020 | $9,200 | $659,955 | $0 | $0 |
2019 | $9,085 | $645,117 | $253,000 | $392,117 |
2018 | $9,153 | $641,401 | $268,500 | $372,901 |
2017 | $9,409 | $692,183 | $0 | $0 |
2016 | $9,421 | $677,946 | $0 | $0 |
2015 | $3,766 | $673,233 | $0 | $0 |
2014 | $3,766 | $241,980 | $0 | $0 |
2013 | $3,319 | $218,000 | $218,000 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | Pending | -- | -- | -- |
08/14/2025 08/14/25 | Price Changed | $1,590,000 | -5.4% | $498 / Sq Ft |
07/09/2025 07/09/25 | Price Changed | $1,680,000 | -3.9% | $526 / Sq Ft |
07/01/2025 07/01/25 | For Sale | $1,749,000 | 0.0% | $548 / Sq Ft |
06/30/2025 06/30/25 | Off Market | $1,749,000 | -- | -- |
05/21/2025 05/21/25 | Price Changed | $1,749,000 | -2.3% | $548 / Sq Ft |
04/23/2025 04/23/25 | Price Changed | $1,790,000 | -2.7% | $560 / Sq Ft |
03/14/2025 03/14/25 | Price Changed | $1,840,000 | -2.6% | $576 / Sq Ft |
02/10/2025 02/10/25 | Price Changed | $1,890,000 | -3.3% | $592 / Sq Ft |
12/30/2024 12/30/24 | For Sale | $1,955,400 | +51.0% | $612 / Sq Ft |
10/01/2020 10/01/20 | Sold | $1,295,000 | +0.4% | $405 / Sq Ft |
08/03/2020 08/03/20 | Pending | -- | -- | -- |
07/31/2020 07/31/20 | For Sale | $1,290,000 | -- | $404 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,295,000 | Anclote Title Services Inc | |
Warranty Deed | $235,000 | Anclote Title Services Inc | |
Warranty Deed | $215,800 | Attorney | |
Warranty Deed | $550,000 | -- | |
Warranty Deed | $207,000 | -- | |
Quit Claim Deed | -- | -- | |
Warranty Deed | $200,000 | -- | |
Warranty Deed | $100,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $971,250 | New Conventional | |
Previous Owner | $616,000 | New Conventional | |
Previous Owner | $640,000 | Construction | |
Previous Owner | $200,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $1,040,125 | Purchase Money Mortgage | |
Previous Owner | $207,000 | No Value Available | |
Previous Owner | $55,724 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: A4633131

APN: 22331-1045-7
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