Have you been looking for that ideal waterfront property that just needs your finishing touches? Well if so, then look no further than this 3 bedroom, 3 bath pool home in sought after Bay Colony. The layout of this home is fantastic. The home sits on 1/3 of an acre on a deep water canal and the lot has 100 feet of seawall. This is a single level, concrete block home with a barrel tile roof. The open floor plan is ideal for hosting large family gatherings or holiday parties. The deep water canal will accommodate the largest of boats and with no bridges, sailboats as well. Getting out to the beaches by boat is only about a 10 mile ride to Egmont and Bean Point on AMI! Terra Ceia bay is about as pristine of a bay you will find anywhere in the world! Commuting is a breeze with I-275, I-75, US-41, and US-301 all just minutes away. With easy access to the Sunshine Skyway Bridge (I-275), you can be in downtown St. Pete within 20 minutes or downtown Tampa in about 40 minutes. Bay Colony is non deed restricted, so bring your toys, as there are not any HOA fees in this neighborhood! This is your chance, along with a little sweat equity, to make this diamond sparkle again!
Sold for $750,000
$750,000
5311 PALMETTO POINT DRIVE, PALMETTO, FL 34221
3beds
2,373sqft
Single Family Residence
Built in 1958
0.33 Acres Lot
$822,700 Zestimate®
$316/sqft
$3,361 Estimated rent
Home value
$822,700
$749,000 - $913,000
$3,361/mo
Zestimate® history
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List your homeWhat's special
Bay colonyDowntown tampaOpen floor planBarrel tile roof
Zillow last checked:
Listing updated:
Listed by:
Tim Lester 941-524-8465,
TIM LESTER INTERNAT'L REALTY 941-981-5388
Bought with:
Irina Grissom, 3444732
PREFERRED SHORE LLC
Source: Stellar MLS,MLS#: A4570456
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Great Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 15x18
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 12x15
Bedroom 3
- Features: Built-in Closet
- Level: First
- Dimensions: 13x15
Dining room
- Level: First
- Dimensions: 12x18
Great room
- Level: First
- Dimensions: 21x22
Kitchen
- Level: First
- Dimensions: 11x20
Living room
- Level: First
- Dimensions: 17x18
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Garage
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
- Flooring: Tile
- Doors: French Doors, Sliding Doors
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 3,189
- Total interior livable area: 2,373 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 21x27
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Screened
- Exterior features: Storage
- Has private pool: Yes
- Pool features: Gunite, In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Pool, Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Waterfront, Canal - Saltwater, Saltwater Canal Access, Sailboat Water, Seawall
- Body of water: TERRA CEIA BAY
Lot
- Size: 0.33 Acres
- Features: FloodZone, In County, Unincorporated
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 2206700003
- Zoning: RSF4.5/C
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida,Ranch
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Public
Community & HOA
Community
- Features: Community Boat Ramp, Fishing, Water Access, Waterfront, Golf Carts OK, Park
- Pet fee: $0 monthly
- Subdivision: PALMETTO SKYWAY SEC 1
HOA
- Has HOA: No
Location
- Region: Palmetto
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $704,795
- Annual tax amount: $4,345
- Date on market: 5/12/2023
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $750,000-9.1%$316/sqft |
Source:  Stellar MLS #A4570456 Report a problem | ||
| 8/4/2023 | Pending sale | $824,900$348/sqft |
Source: Stellar MLS #A4570456 Report a problem | ||
| 5/23/2023 | Listed for sale | $824,900$348/sqft |
Source: Stellar MLS #A4570456 Report a problem | ||
| 5/17/2023 | Pending sale | $824,900$348/sqft |
Source: Stellar MLS #A4570456 Report a problem | ||
| 5/12/2023 | Listed for sale | $824,900+161.9%$348/sqft |
Source: Stellar MLS #A4570456 Report a problem | ||
| 7/16/2001 | Sold | $315,000+89.8%$133/sqft |
Source: Public Record Report a problem | ||
| 7/21/1997 | Sold | $166,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,883 +10% | $373,407 +6.1% |
| 2024 | $4,438 +0.9% | $351,773 +1.2% |
| 2023 | $4,399 +1.2% | $347,486 +3% |
| 2022 | $4,345 -0.2% | $337,365 +3% |
| 2021 | $4,353 +0.9% | $327,539 +1.4% |
| 2020 | $4,313 +1.5% | $323,017 +2.3% |
| 2019 | $4,250 | $315,755 +1.9% |
| 2018 | $4,250 +0.8% | $309,868 +2.1% |
| 2017 | $4,215 +6.4% | $303,495 +2.1% |
| 2016 | $3,963 | $297,253 +0.7% |
| 2015 | $3,963 | $295,187 +0.8% |
| 2014 | $3,963 +0.3% | $292,844 +1.5% |
| 2013 | $3,953 +395182% | $288,516 +1.4% |
| 2012 | $1 | $284,545 -2% |
| 2011 | $1 | $290,438 -5.9% |
| 2010 | -- | $308,593 +1.1% |
| 2009 | $4,439 +1.9% | $305,285 +0.1% |
| 2008 | $4,355 +4.7% | $304,980 +3% |
| 2007 | $4,159 -5% | $296,097 +2.5% |
| 2006 | $4,376 +0% | $288,875 +3% |
| 2005 | $4,374 +1.8% | $280,461 +3% |
| 2004 | $4,297 +1.2% | $272,292 +2.7% |
| 2003 | $4,247 +2.8% | $265,135 +3% |
| 2002 | $4,132 +45% | $257,495 +37.2% |
| 2001 | $2,849 +14.8% | $187,665 +14.5% |
| 2000 | $2,481 | $163,839 |
Find assessor info on the county website
Neighborhood: 34221
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Nearby schools
GreatSchools rating
- 4/10Palm View Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 2/10Palmetto High SchoolGrades: 8-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Palm View Elementary
- 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
$822,700
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
$822,700
- Florida
- Manatee County
- Palmetto
- 34221
- 5311 PALMETTO POINT DRIVE
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