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Off market
  • $635,800

    5305 16th Ave E, Palmetto, FL 34221

    3beds
    2,099sqft
    Single Family Residence
    Built in 2006
    1.5 Acres Lot
    $635,800 Zestimate®
    $303/sqft
    $2,995 Estimated rent

    Home value

    $635,800

    $591,000 - $680,000

    $2,995/mo

    Zestimate® history
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    $4,183/mo

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    What's special

    What is your Florida Lifestyle? All buyers on the Florida gulf coast have an idea of their ideal Florida lifestyle before they relocate and purchase their dream property. Have you ever dreamed of living on a large parcel of land set back from the road for privacy and live a quiet lifestyle yet not be far from shopping, restaurants, outdoor activities and the beaches? Included in your dream is a large shop ready for your home business or used as an outbuilding for your car or other type of collection. Have you always wanted to have a pool in your backyard and park your boat or RV on the property too? If you answered yes to any of these questions, this is the country home for you! The home is in an area of Palmetto that has NO DEED RESTRICTIONS, NO HOMEOWNERS ASSOCIATION, NO HOA and NO CDD FEES so store your boat and your RV in the backyard. It is a quiet, rural setting with beautiful landscaping and a privacy fence to the neighbor on the north and is also every close to I-75 and Route 41. This acreage is hard to find west of I-75 in Manatee County and this property is one of the few that offers the land, privacy and the opportunity to have a home business on the property in addition to a home. The home was custom built by the owners in 2006. It has a formal living room with a fireplace, separate dining room, combined custom kitchen and family room, large owner suite with trey ceiling and full ensuite bath with separate shower, soaking tub, dual sinks, two closets and a linen closet in the bathroom. Also included are three bedrooms, a den and 3 full baths. The den is the perfect location to manage all the office needs of your business in the shop at the rear of the property. The third bath was built as a pool bath if the new owners plan a pool off the lanai and patio. The outdoor space has a large open, tiled lanai under roof and a tiled patio. The breezeway on the north side of the home leads to the two car garage. The home has many of the upgrades that buyers look for in a home: security system, hardwood floors, large tile, vaulted ceilings, large master bedroom with trey ceiling and plantation shutters for many of the windows. Other features include a gourmet kitchen with breakfast bar, wood cabinets, granite counters and stainless steel appliances. The shop/outbuilding is a 30 X 40 (1200 square feet) metal building with a cement floor with 2 rooms with the larger open space in the front and a smaller room in the back. The shop has electricity and water and has the electrical outlet needed for a large RV or boat. This property is waiting for new owners to bring their business and take advantage of all the possibilities the property will provide. Floor Plan Attached in Pictures.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments, Tray Ceiling(s), Coffered Ceiling(s)
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds, Shutters
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,099 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Patio, Covered
    • Exterior features: Other
    • Fencing: Vinyl
    Lot
    • Size: 1.5 Acres
    • Features: In County, Oversized Lot, Level/Flat, Street Paved, Cleared
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Workshop
    • Parcel number: 2262911109
    • Zoning: A1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Completed
    • Year built: 2006

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, BB/HS Internet Available, Cable Available, Public, Cable Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: CANAL ROAD ESTATES
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $303/sqft
    • Tax assessed value: $549,254
    • Annual tax amount: $6,385
    • Listing terms: Cash, Conventional, VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/22/2021Sold$509,500-3%$243/sqft
    Source: Public Record Report a problem
    1/17/2021Pending sale$525,000$250/sqft
    Source: RE/MAX PLATINUM REALTY #A4474104 Report a problem
    10/10/2020Price change$525,000-4.4%$250/sqft
    Source: RE/MAX PLATINUM REALTY #A4474104 Report a problem
    8/4/2020Listed for sale$549,000+1120%$262/sqft
    Source: RE/MAX PLATINUM REALTY #A4474104 Report a problem
    9/21/2005Sold$45,000$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,385 +6.4%$481,228 +2.9%
    2024$6,000 +1%$467,666 +3%
    2023$5,939 +2.5%$454,045 +3%
    2022$5,793 +106.4%$440,820 +102.3%
    2021$2,806 +1.5%$217,947 +1.4%
    2020$2,765 +1.7%$214,938 +2.3%
    2019$2,718 $210,106 +1.9%
    2018$2,718 +1.1%$206,188 +2.1%
    2017$2,690 +7.3%$201,947 +2.1%
    2016$2,506 $197,793 +0.7%
    2015$2,506 $196,418 +0.8%
    2014$2,506 +0.4%$194,859 +1.5%
    2013$2,496 +249503%$191,979 +1.7%
    2012$1 $188,770 -2.1%
    2011$1 $192,815 -7.4%
    2010-- $208,218 -16.6%
    2009$3,374 -13.5%$249,604 -12.1%
    2008$3,902 -18.7%$284,073 -15.9%
    2007$4,801 +500.2%$337,918 +600.6%
    2006$800 +3.8%$48,230 +7.2%
    2005$771 $45,000
    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: The 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
    $635,800
    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
    $635,800