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Sold for $620,000
    • $620,000

    2318 5th St E, Palmetto, FL 34221

    3beds
    2,507sqft
    Single Family Residence
    Built in 2022
    8,194 Square Feet Lot
    $616,300 Zestimate®
    $247/sqft
    $2,963 Estimated rent

    Home value

    $616,300

    $567,000 - $666,000

    $2,963/mo

    Zestimate® history
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    What's special

    Sleek quartz countertopsOpen floor planPremium ge profile appliancesSpacious closets
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Gaydos 727-685-8600,

    LPT REALTY, LLC. 877-366-2213,

    Larry Fischer 727-300-6681,

    LPT REALTY, LLC.

    Bought with:

    Therese Masseo, 3138842

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: TB8412936MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 221 Square Feet
    • Dimensions: 17x13
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 3
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Primary bathroom
    • Features: Dual Sinks, Multiple Shower Heads, Shower No Tub, Stone Counters, Linen Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Den
    • Level: First
    Kitchen
    • Features: Pantry, Exhaust Fan, Kitchen Island, Stone Counters
    • Level: First
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Living room
    • Level: First
    • Area: 384 Square Feet
    • Dimensions: 24x16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Laundry Room
    Features
    • High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Blinds, Storm Window(s), Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 8,194
    • Total interior livable area: 2,507 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    Lot
    • Size: 8,194 Square Feet
    • Features: Landscaped, Near Marina, Sidewalk
    Details
    • Parcel number: 1015737759
    • Zoning: PDMU
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Marina, Water Access, Clubhouse, Fitness Center, Pool
    • Security: Gated Community
    • Pet fee: $0 monthly
    • Subdivision: SANCTUARY COVE
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool
    • Services included: Maintenance Grounds, Pool Maintenance
    • HOA fee: $247 monthly
    • HOA name: Condominium Associates - Jennie Byram
    • HOA phone: 941-236-7701
    • Second HOA name: C&S Comm Management Services Inc
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $247/sqft
    • Tax assessed value: $560,644
    • Annual tax amount: $12,634
    • Date on market: 8/5/2025
    • Cumulative days on market: 176 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    2/20/2026Sold$620,000-4.5%$247/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    1/28/2026Pending sale$649,000$259/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    12/9/2025Price change$649,000-5.3%$259/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    10/28/2025Price change$685,000-1.4%$273/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    9/8/2025Price change$695,000-4.1%$277/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    8/5/2025Listed for sale$725,000-2.7%$289/sqft
    Source: Stellar MLS #TB8412936 Report a problem
    7/11/2024Listing removed$745,000$297/sqft
    Source: Stellar MLS #T3484889 Report a problem
    5/2/2024Listing removed--
    Source: Stellar MLS #T3503985 Report a problem
    4/11/2024Price change$3,995-6%$2/sqft
    Source: Stellar MLS #T3503985 Report a problem
    4/11/2024Price change$745,000-6.3%$297/sqft
    Source: Stellar MLS #T3484889 Report a problem
    3/20/2024Price change$4,250-5.6%$2/sqft
    Source: Stellar MLS #T3503985 Report a problem
    3/5/2024Price change$4,500-10%$2/sqft
    Source: Stellar MLS #T3503985 Report a problem
    2/13/2024Listed for rent$5,000$2/sqft
    Source: Stellar MLS #T3503985 Report a problem
    2/5/2024Price change$795,000-3.6%$317/sqft
    Source: Stellar MLS #T3484889 Report a problem
    1/11/2024Price change$825,000-2.9%$329/sqft
    Source: Stellar MLS #T3484889 Report a problem
    11/22/2023Listed for sale$850,000+59.2%$339/sqft
    Source: Stellar MLS #T3484889 Report a problem
    8/31/2022Sold$533,900$213/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,831 -6.4%$560,644 -9.7%
    2024$12,634 +22.2%$620,804 +16.8%
    2023$10,336 +352.2%$531,390 +590.1%
    2022$2,286 +63.4%$77,000 +10%
    2021$1,399 +116.1%$70,000 +535.7%
    2020$647 +0.3%$11,011 +10%
    2019$645 $10,010 +10%
    2018$645 +222.6%$9,100
    2017$200 0%$9,100 -2.2%
    2016$200 $9,300
    2015$200 $9,300
    2014$200 -0.9%$9,300
    2013$202 +20080%$9,300 -4.9%
    2012$1 $9,775
    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: James Tillman Elementary
    • Middle: Buffalo Creek Middle
    • High: Palmetto High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $616,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $616,300

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