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$915,000

5403 Palmetto Point Drive Palmetto, FL 34221 Residential - Single Family Active

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Description

Welcome to 5403 Palmetto Point Drive, a beautifully renovated TURNKEY canal-front waterfront home offering 2,468 square feet of Florida coastal living. This 3-bedroom, 3-bathroom residence is being offered turnkey furnished and blends comfort, style, and income potential. The home is currently operating in a successful short-term rental program projected to generate over $100,000 in annual rental income, with $40,000 already booked year-to-date, making it an exceptional opportunity for both investors and those seeking a waterfront retreat.Inside, the home features an inviting open-concept floor plan with MULTIPLE LIVING SPACES, vaulted ceilings and exposed beams, creating a bright and spacious atmosphere. Expansive sliding glass doors fill the home with natural light while seamlessly connecting indoor living areas to the outdoor entertaining spaces. The main living area is anchored by a charming fireplace, adding warmth and character.The updated kitchen is equipped with all new GE Café appliances installed in 2025, including a refrigerator, range, and dishwasher, along with a new GE washer and dryer (2025). Major recent upgrades provide peace of mind, including a new roof (2025), new AC systems (2025), and impact windows and doors throughout most of the home.Step outside to enjoy your heated, screened-in pool and lanai, the perfect setting for relaxing or entertaining while taking in peaceful waterfront views. Boating enthusiasts will appreciate the private boat dock and lift, offering direct boating access to Tampa Bay through Terra Ceia Bay, ideal for fishing, sunset cruises, and days on the water.Located in the desirable waterfront community of Palmetto Point, this home is just minutes from dining, shopping, and the world-renowned beaches of Anna Maria Island and Florida's Gulf Coast.Whether you are searching for a primary residence, vacation home, or turnkey investment property, 5403 Palmetto Point Drive offers exceptional waterfront living, strong rental performance, and recent major upgrades.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2 car attached
Heating: Central
Home Style: Florida
Lot Size: 0.32 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,833
Year Built: 1959

General Information

Bedrooms: 3
Bathrooms: 3 Full
Sqft: 2,468
County: Manatee
High School: Palmetto High
Subdivision: PALMETTO SKYWAY
Listed By:
Matthew Huffman COLDWELL BANKER REALTY 941-383-6411

Amenities

Ceiling Fans(s)
Open Floorplan
Thermostat
Lighting
Private Mailbox
Private Yard
Rain Gutters
Sliding Doors

Property Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Directions: From East State Road 64, turn left to merge onto I-75 North, take exit 228 to merge onto I-275 N toward St Petersburg, take exit 2 onto US-41 toward Palmetto, Bradenton, turn left onto US Highway 41 N., After 2.8 miles take a slight right turn, continue o
Exterior: Stucco
Fencing: Vinyl
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Foundation: Slab
Frontage Canal Salt: 90
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.32
Other Equipment: Private Yard
Ownership: Fee Simple
Patio/Porch: Patio, Screened
Pets Allowed: Yes
Pool: In Ground, Screen Enclosure
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Electricity Connected, Sewer Connected, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access: Canal - Saltwater
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Lift
Water View: Canal
Zoning: RSF4.5/C
$915,000
3beds
3.0baths
2,468sqft
2cars
New to the Market Active
BEDS3 BATHS3 full SQUARE FEET2,468 MLS#A4684594
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPALMETTO SKYWAY

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5403 Palmetto Point Drive , Palmetto, FL 34221.

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Estimated Payment

$ 3,755.77 per month $3,086.14 Principal & Interest $402.75 Property Tax $266.88 Homeowner's Insurance

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About this area

Florida/Palmetto
Palmetto

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About Palmetto

Palmetto is a growing suburban area located between the Manatee River and Terra Ceia Bay. The city is perfect for people looking for an active lifestyle that involves nature and community activities. Palmetto’s location keeps residents close to major employers, but also allows for a smaller town lifestyle that embraces a slower pace. Weekends are perfect for boating and golfing, or attending one of the many events and festivals that take place in Palmetto year round. The area is great for people of all ages with homes ranging from affordable condos and single family options to waterfront estates.


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