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Sold for $615,000
  • $615,000

    5207 PALMETTO POINT DRIVE, PALMETTO, FL 34221

    3beds
    1,954sqft
    Single Family Residence
    Built in 1959
    0.29 Acres Lot
    $615,300 Zestimate®
    $315/sqft
    $2,918 Estimated rent

    Home value

    $615,300

    $572,000 - $665,000

    $2,918/mo

    Zestimate® history
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    What's special

    Separate office spaceOpen layoutUtility roomAmple cabinet spaceInside laundry roomBrand-new appliances
    One or more photo(s) has been virtually staged. Discover the lifestyle you've been dreaming of with this fully remodeled 3-bedroom, 2-bath waterfront oasis. Located on a wide, sailboat-worthy canal with unrestricted deep-water access to Tampa Bay and the Gulf, this 1,954 sq. ft. home is built for both comfort and adventure. From the moment you walk in, you’ll be captivated by the open layout, a wall of windows flooding the great room and kitchen with natural light, and panoramic views of your private slice of paradise. The kitchen, fully updated in 2024, boasts brand-new appliances, a large cooking island with seating, ample cabinet space, and a walk-in pantry so big (6’x5’) it deserves its own zip code. But this home isn't just beautiful, it's incredibly functional. Storage enthusiasts will appreciate the oversized owner’s suite closet (6’x13’), inside laundry room, utility room, and a separate office space. Outdoor lovers will find everything they need in the backyard: a resurfaced in-ground pool and spa (2024), a 90’ seawall, a 10’x40’ composite dock with electric and water, and a 16,000XL boat lift for extra-long vessels. Jet ski fan? There are two davits and a concrete pad to keep your toys ready to launch. Need space for an RV or boat trailer? You’ve got that, too. Located in an unincorporated area with no CDD fees, no HOA, and minimal county rules, you’ll enjoy the freedom to live as you please. Optional community membership offers access to a private boat ramp and clubhouse. Commuters and beachgoers alike will love the quick access to I-75, I-275, US-19, and US-41, making travel to St. Pete, Tampa, Bradenton, Sarasota, or Anna Maria Island a breeze. Whether you’re chasing sunsets or setting sail for open waters, this exceptional waterfront paradise has it all!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Silebi 813-394-5076,

    M&M REALTY PROFESSIONALS 813-394-5076

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: TB8414602MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den/Library/Office, Utility Room, Storage Rooms
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 134.21 Square Feet
    • Dimensions: 11.11x12.08
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 111.1 Square Feet
    • Dimensions: 11.11x10
    Primary bathroom
    • Features: En Suite Bathroom, Exhaust Fan, Multiple Shower Heads, Rain Shower Head, Shower No Tub
    • Level: First
    • Area: 78.01 Square Feet
    • Dimensions: 7.06x11.05
    Bathroom 2
    • Features: Tub With Shower
    • Level: First
    • Area: 40.3 Square Feet
    • Dimensions: 5x8.06
    Dining room
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Great room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 187.89 Square Feet
    • Dimensions: 17.05x11.02
    Kitchen
    • Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Pantry
    • Level: First
    • Area: 226.35 Square Feet
    • Dimensions: 15x15.09
    Office
    • Level: First
    • Area: 91 Square Feet
    • Dimensions: 7x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Range
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
    • Flooring: Luxury Vinyl, Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Double Pane Windows, Drapes, Insulated Windows, Low Emissivity Windows, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,954
    • Total interior livable area: 1,954 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener, Oversized
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 24x28
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Lighting, Private Mailbox, Rain Gutters
    • Has private pool: Yes
    • Pool features: Child Safety Fence, Chlorine Free, Gunite, In Ground, Lighting, Salt Water
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Chain Link,Vinyl
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Davits, Lift, No Wake Zone, Sailboat Water, Seawall
    Lot
    • Size: 0.29 Acres
    • Dimensions: 90 x 140
    • Features: Flood Insurance Required, FloodZone
    Details
    • Parcel number: 2207100005
    • Zoning: RSF4.5/C
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Cement Siding, Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Phone Available, Sewer Connected, Sprinkler Well, Water Connected

    Community & HOA

    Community
    • Features: Dock, Private Boat Ramp, Clubhouse, Dog Park, Golf Carts OK
    • Security: Security Lights, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: PALMETTO SKYWAY SEC 1
    HOA
    • Has HOA: No
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $633,725
    • Annual tax amount: $5,140
    • Date on market: 8/6/2025
    • Cumulative days on market: 232 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    4/28/2026Sold$615,000-12.1%$315/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    3/26/2026Pending sale$699,950$358/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    3/5/2026Price change$699,950-3.5%$358/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    2/12/2026Price change$725,000-3.3%$371/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    1/3/2026Price change$750,000-3.8%$384/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    12/3/2025Price change$780,000-2.5%$399/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    10/7/2025Price change$799,900-2.7%$409/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    9/16/2025Price change$822,500-1.8%$421/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    8/26/2025Price change$837,900-1.4%$429/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    8/6/2025Listed for sale$850,000+115.2%$435/sqft
    Source: Stellar MLS #TB8414602 Report a problem
    11/28/2017Sold$395,000-6.9%$202/sqft
    Source: Public Record Report a problem
    5/24/2017Listed for sale$424,300-5.6%$217/sqft
    Source: STARZ REAL ESTATE, LLC #A4168479 Report a problem
    4/21/2017Listing removed$449,500$230/sqft
    Source: Starz Real Estate #A4168479 Report a problem
    11/4/2016Listed for sale$449,500+0.1%$230/sqft
    Source: Starz Real Estate #A4168479 Report a problem
    12/12/2015Listing removed$2,500$1/sqft
    Source: Owner Report a problem
    11/30/2015Price change$2,500-7.4%$1/sqft
    Source: Owner Report a problem
    11/6/2015Listed for rent$2,700$1/sqft
    Source: Owner Report a problem
    11/6/2015Listing removed$449,000$230/sqft
    Source: Owner Report a problem
    9/11/2015Price change$449,000-0.2%$230/sqft
    Source: Owner Report a problem
    9/9/2015Listed for sale$449,900+7.2%$230/sqft
    Source: TIM LESTER INTERNAT'L REALTY #A4131417 Report a problem
    8/15/2014Listing removed$419,500$215/sqft
    Source: BY THE SEA REALTY (266510184) #M5900065 Report a problem
    6/14/2014Listed for sale$419,500+47.2%$215/sqft
    Source: BY THE SEA REALTY #M5900065 Report a problem
    11/4/2002Sold$285,000+190.8%$146/sqft
    Source: Public Record Report a problem
    1/24/1994Sold$98,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,473 +6.5%$421,170 +2.9%
    2024$5,141 +1.1%$409,300 +3%
    2023$5,083 +5.1%$397,379 +5.3%
    2022$4,837 -0.2%$377,422 +3%
    2021$4,847 +5.8%$366,429 +5.9%
    2020$4,582 +1.5%$346,083 +2.3%
    2019$4,515 $338,302 +2.6%
    2018$4,515 +1.6%$329,590 +10.7%
    2017$4,442 +23.5%$297,741 +13.4%
    2016$3,597 $262,532 +6.4%
    2015$3,597 $246,787 +7%
    2014$3,597 +1%$230,630 +2.4%
    2013$3,561 +356025%$225,178 +1.4%
    2012$1 $222,097 -1.3%
    2011$1 $225,079 -6.1%
    2010-- $239,612 -21.5%
    2009$4,790 -11.6%$305,286 -15.6%
    2008$5,421 -14.6%$361,523 -12.6%
    2007$6,346 -10.8%$413,630 -3.6%
    2006$7,114 +16.6%$428,934 +20.3%
    2005$6,103 +23.7%$356,410 +25.6%
    2004$4,933 +15.1%$283,875 +17.2%
    2003$4,284 +132.8%$242,205 +88.4%
    2002$1,840 +3.5%$128,538 +1.6%
    2001$1,778 +1.7%$126,514 +3%
    2000$1,749 $122,829
    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

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    Estimated market value
    $615,300
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    Estimated market value
    $615,300