5318 Palmetto Point Dr, Palmetto, FL 34221 | For Sale

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For Sale $645,000 ($224.66 per Sq Ft)

$645,000 ($224.66 per Sq Ft)
  • (0)
  • 4 Bedrooms
  • 3 Bathrooms
  • 2,871 Sq Ft
  • 12,066 Sq Ft

Description

Multi-Generational!!! Discover the perfect blend of flexibility and modern living with this recently renovated, multigenerational home in northern Manatee County. With NO deed restrictions, NO CDD fees, and NO mandatory HOA fees, this property is a rare find offering endless possibilities.
Key Features:
Ample Parking: Plenty of space to park your boat, outdoor toys, RV, or any additional vehicles.
Multigenerational Living: The original home features 3 bedrooms and 2 baths, complemented by a spacious Florida room with a mini-split system and an outdoor-style kitchen. A newly added in-law suite includes a private entrance, 1 bedroom, and 1 bath, ideal for extended family or as a potential income-generating rental. Private entrance and backyard access.
Recent Upgrades: Enjoy the benefits of a new circular driveway, roof, hot water heater with a cooling system, and a 2-car garage with a workshop area—all added in 2023.
Oversized Lot: The property boasts an oversized, fenced yard with vinyl fencing and double gates for easy RV or camper parking, complete with electric and cleanout facilities. The side yard runs along an estuary filled with a variety of fish including Tilapia.
Outdoor Living: An expansive outdoor deck provides the perfect spot for relaxation, with ample room to add a hot tub.
Community Amenities: While there are no mandatory fees, an optional membership provides access to a community clubhouse, boat launch, and park.
Vacation Rental Potential: With no deed restrictions, this property could be an excellent opportunity for vacation rentals, RV rentals, or even generating multiple income streams.
Prime Location: Minutes from the Skyway Bridge, and a short commute to St. Pete, Tampa, Sarasota, Bradenton, and Palmetto.
Additional Updates:
A/C (2003)
Carpet (2023 & 2024)
Spray foam insulation
Impact windows
Garage with epoxy flooring and 10' ceilings
2 full RV hookups
400 amp electric service (2023)
Wood decking in the side yard
This home is a versatile gem offering both comfort and investment potential in a prime location. Don’t miss out on this incredible opportunity! Minutes to the Skyway, perfect for St. Pete commuters, easy access to Tampa, Sarasota, Bradenton and Palmetto.
Palmetto Point has a boat ramp, club house and park area that can be used by those that opt to join. Low annual fees.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $645,000
Property Type Single Family Homes
Usable Sqft 2,871
Number of Stories 1 stories
Parking Spots 2 spots
Year Built 1973
Last Sold Unknown
Sold Price Unknown
Association Amenities: Clubhouse, Other, Park
APN # 2347400000
MLS # A4620337
Property ID 298931960
Lot Sqft 12,066
Zoning RSF6
Days on Market 488
Original List Price $645,000
Applicances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer%
Date Updated August 24, 2024
Date Created August 19, 2024
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Listing Provided By

Leslie Wells an agent of . Lic #0158625


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 24, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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