5403 Palmetto Point Drive, Palmetto, FL 34221

$900,000
3
BD
3
BA
2,468
SqFt

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Sold Price
$900,000
List Price
$915,000
Status
Sold
Days on Market
45
Closing Date
Jul 03, 2026
MLS#
A4684594
Property Style
Single Family
Architectural Style
Florida
Year Built
1959
Bedrooms
3
Bathrooms
3
Living Area
2,468
Price per sq. ft.
370.75
Lot Size
14,013
Acres
0.32
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Palmetto Skyway Sec 1
Community Name
Palmetto Skyway
MLS Area Major
Palmetto/Rubonia

Property 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.

Additional Information

Taxes
$4833
Minimum Lease Period
1-7 Days
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF4.5/C
Interior Features
Ceiling Fans(s), Open Floorplan, Thermostat
Floor
Carpet, Ceramic Tile, Luxury Vinyl
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Fireplace Description
Living Room
Exterior Construction
Stucco
Exterior Features
Lighting, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
In Ground, Screen Enclosure
Garage Carport
2 Car Garage
Garage Spaces
2
Elementary School
Palm View Elementary
High School
Palmetto High
Fences
Vinyl
Water Extras
Lift
Water View
Canal
Water Access
Canal - Saltwater
Water Frontage
Canal - Saltwater
Pets
Allowed
Flood Zone Code
AE
Parcel ID
2206400000
Legal Description
LOT 3 PALMETTO SKYWAY SEC 1 PI#22064.0000/0

Listing courtesy of COLDWELL BANKER REALTY. 941-383-6411

Selling Office: TIM LESTER INTERNAT'L REALTY.

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