1000 RIVERSIDE DRIVE B501 Palmetto, FL $ 300,000
1000 RIVERSIDE DRIVE B501
$ 300,000
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1000 RIVERSIDE DRIVE B501

Palmetto, FL, 34221
$ 300,000
Bedrooms3 Baths2.1 Sq 2,475

Monthly Estimate*

$ 1,872

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Condo for sale in Palmetto, FL

for $300,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,475 square foot condo was built in 1984 on a lot size of 0.84.

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Estate property, the Heirs are Motivated Sellers, bring all offers. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. The association will repair 6th 6th-floor balcony after engineering bids are completed. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.

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Condo Pending

Price

$ 300,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 12,438

Style

Florida

Lot Size

0.84

Year Built

1984

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4649355

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Metal
Appliances Built-In Oven Cooktop Dishwasher Dryer Electric Water Heater Washer
Zoning CG
Garage Spaces 2
Association Fee Includes Cable TV Common Area Taxes Community Pool Escrow Reserves Fund Fidelity Bond Internet Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Recreational Facilities Sewer Trash Water
Patio/Porch Features Rear Porch
Architectural Style Florida
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1984
View Water
Levels Two
Unit Number B501
Property Subtype Condominium
Tax Year 2024
Ownership Condominium
Community Features Buyer Approval Required Community Mailbox Deed Restrictions Fitness Center Pool
County Manatee
New Construction false
Property Type Residential
Association Amenities Cable TV Elevator(s) Fitness Center Maintenance Pool
Attached Garage true
Subdivision Name REGATTA POINTE PH I
Facing Direction North
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Pending
Directions US 41 in Palmetto go West on Riverside Dr. Regatta Point is across from the marina and restuarant. Turn into parking lot at the back of the building
City PALMETTO
Body of Water MANATEE RIVER
Association Name Dennis Parks
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 36691
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 12438
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4649355
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 0
Legal Description UNIT B501 REGATTA POINTE CONDO PHASE I PI#31221.0210/0
Water View Marina River
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 1 Month
Water Access Y/N false
Monthly Condo Fee Amount 1592
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code X500
DockY/N false
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Interior
Interior Amenities Eating Space In Kitchen Thermostat Walk-In Closet(s)
Flooring Carpet Concrete Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Closet
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Sliding Doors Storage
Parking Features Assigned Ground Level Under Building
Lot Features Level Near Marina Near Public Transit
Water Source Public
Lot Size Area 36691
Foundation Details Slab
Building Area Total 2955
Lot Size Acres 0.84
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Re/Max Alliance Group

Broker

RealtorGregoryZies@gmail.com

Email

Affordability Calculator

$2,908
Per Month
64%
36%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$1,037
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$300,000 Listed Price

Map


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1000 RIVERSIDE DRIVE B501, Palmetto, FL, 34221 is a Condo for sale at $300,000 with 2,475 sqft and a lot size of 0.84. 1000 RIVERSIDE DRIVE B501 has 3 bedrooms, 2.1 baths, and was built in 1984. The property's zip code is 34221 which is in Palmetto, FL