One or more photo(s) has been virtually staged. Estate property, the Heirs are Motivated Sellers, bring all offers. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. The association will repair 6th 6th-floor balcony after engineering bids are completed. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.
Sold for $250,000
$250,000
1000 Riverside Dr APT B501, Palmetto, FL 34221
3beds
2,475sqft
Condominium
Built in 1984
-- sqft lot
$286,300 Zestimate®
$101/sqft
$3,071 Estimated rent
Home value
$286,300
$272,000 - $301,000
$3,071/mo
Zestimate® history
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Adjacent laundry areaPowder room for guestsCharming hidden wet bar
Zillow last checked:
Listing updated:
Listing Provided by:
Gregory Zies, LLC 941-779-3081,
RE/MAX ALLIANCE GROUP 941-758-7777
Bought with:
Julie Pieczonka, 3446479
FINE PROPERTIES
Source: Stellar MLS,MLS#: A4649355
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 240 Square Feet
- Dimensions: 15x16
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 195 Square Feet
- Dimensions: 13x15
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Balcony porch lanai
- Level: Second
- Area: 684 Square Feet
- Dimensions: 18x38
Balcony porch lanai
- Level: First
- Area: 210 Square Feet
- Dimensions: 7x30
Dining room
- Features: No Closet
- Level: First
- Area: 208 Square Feet
- Dimensions: 13x16
Foyer
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Features: No Closet
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Laundry
- Level: First
- Area: 42 Square Feet
- Dimensions: 6x7
Living room
- Features: No Closet
- Level: First
- Area: 336 Square Feet
- Dimensions: 14x24
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Washer
- Laundry: Laundry Closet
Features
- Eating Space In Kitchen, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Concrete, Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,955
- Total interior livable area: 2,475 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Ground Level, Under Building
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Exterior features: Storage
- Has view: Yes
- View description: Water, Marina, River
- Has water view: Yes
- Water view: Water,Marina,River
- Body of water: MANATEE RIVER
Lot
- Size: 0.84 Acres
- Features: Level, Near Marina, Near Public Transit
Details
- Parcel number: 3122102100
- Zoning: CG
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
Location
- Region: Palmetto
- Subdivision: REGATTA POINTE PH I
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,592 monthly
- Amenities included: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- Association name: Dennis Parks
- Association phone: 813-955-5885
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $250,000-16.7%$101/sqft |
Source:  Stellar MLS #A4649355 Report a problem | ||
| 12/15/2025 | Pending sale | $300,000$121/sqft |
Source: Stellar MLS #A4649355 Report a problem | ||
| 10/31/2025 | Price change | $300,000-23.1%$121/sqft |
Source: Stellar MLS #A4649355 Report a problem | ||
| 8/26/2025 | Price change | $390,000-21.2%$158/sqft |
Source: Stellar MLS #A4649355 Report a problem | ||
| 7/8/2025 | Price change | $495,000-10%$200/sqft |
Source: Stellar MLS #A4649355 Report a problem | ||
| 4/21/2025 | Listed for sale | $550,000-21.4%$222/sqft |
Source: Stellar MLS #A4649355 Report a problem | ||
| 7/11/2024 | Listing removed | $700,000$283/sqft |
Source: Stellar MLS #A4609096 Report a problem | ||
| 5/3/2024 | Listed for sale | $700,000$283/sqft |
Source: Stellar MLS #A4609096 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,383 -8.5% | $552,500 -11.6% |
| 2024 | $12,438 +4.8% | $624,750 +6.5% |
| 2023 | $11,868 +163.9% | $586,500 +142% |
| 2022 | $4,497 +1.5% | $242,361 +3% |
| 2021 | $4,433 +1.6% | $235,302 +1.4% |
| 2020 | $4,364 +2.2% | $232,053 +2.3% |
| 2019 | $4,269 | $226,836 +1.9% |
| 2018 | $4,269 +1.6% | $222,606 +2.1% |
| 2017 | $4,201 +9.2% | $218,027 +2.1% |
| 2016 | $3,848 | $213,543 +0.7% |
| 2015 | $3,848 | $212,059 +0.8% |
| 2014 | $3,848 -6.5% | $210,376 -7.5% |
| 2013 | $4,114 +411331% | $227,377 +1.7% |
| 2012 | $1 | $223,576 -1% |
| 2011 | $1 | $225,834 -16.6% |
| 2010 | -- | $270,803 +2.7% |
| 2009 | $4,671 -0.8% | $263,684 +0.1% |
| 2008 | $4,709 +5.2% | $263,421 +3% |
| 2007 | $4,476 -5.2% | $255,749 +2.5% |
| 2006 | $4,720 +0.8% | $249,511 +3% |
| 2005 | $4,684 +2.2% | $242,244 +3% |
| 2004 | $4,585 +0.7% | $235,188 +1.9% |
| 2003 | $4,553 +4.7% | $230,803 +2.4% |
| 2002 | $4,350 +5.5% | $225,394 +1.6% |
| 2001 | $4,124 +1.7% | $221,844 +3% |
| 2000 | $4,057 | $215,383 |
Find assessor info on the county website
Neighborhood: Waterfront
Nearby schools
GreatSchools rating
- 7/10Palmetto Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Palmetto High SchoolGrades: 8-12Distance: 1.3 mi
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Estimated market value
$286,300
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Estimated market value
$286,300
- Florida
- Manatee County
- Palmetto
- 34221
- Waterfront
- 1000 Riverside Dr Apartment B501
Nearby cities
Nearby neighborhoods
Nearby zip codes
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