505 SALLY LEE DRIVE Ellenton, FL $ 655,000
505 SALLY LEE DRIVE
$ 655,000
Open House 12/5 12pm - 1pm
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505 SALLY LEE DRIVE

Ellenton, FL, 34222
$ 655,000
Bedrooms2 Baths2.0 Sq 1,392

Monthly Estimate*

$ 4,086

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View a Virtual Tour

Single Family Home for sale in Ellenton, FL

for $655,000 with 2 bedrooms and 2 full baths. This 1,392 square foot home was built in 1992 on a lot size of 0.32.

***GREAT NEW PRICE*** Live in it, use it as a vacation rental or both! This Key West-style waterfront home in Ibis Isle in Ellenton offers a rare blend of coastal charm and modern updates. Perched on stilts with 83 feet of saltwater canal frontage, the property provides direct access to the Manatee River and sits less than 10 miles from the Gulf Coast. The open floor plan is flooded with natural light from skylights, hurricane-resistant windows, and sliding doors, creating a bright and airy ambiance throughout over 1,390 square feet. The kitchen features stone counters and a wine refrigerator, while the primary suite opens to walk-in closets. Step outside to your private pool (installed 2016) surrounded by paver driveway and lush landscaping, or relax on the expansive wrap-around porch (rebuilt 2018). The concrete dock is equipped with electric, water supply, and a fish cleaning station—perfect for fishing enthusiasts. Recent updates include a new roof, insulation, and pool pump (2024), plus new AC and water heater (2020). With no HOA fees or deed restrictions, this third-acre property offers freedom, flexibility, and endless opportunities for waterfront living.

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Open House

12/5/2025 12:00 PM - 1:00 PM
505 SALLY LEE DRIVE Ellenton, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 655,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 7,211

Style

Single Family Residence

Lot Size

0.32

Year Built

1992

Town/City

Ellenton

County/Region

Manatee

MLS | Web ID

TB8433762

Features
Interior
Interior Amenities ceiling fan(s) high ceilings open floorplan primary bedroom main floor skylight(s) stone counters thermostat vaulted ceiling(s) walk-in closet(s) window treatments
Flooring ceramic tile hardwood
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 0
Laundry Features inside
Total Bedrooms 2
Total Baths 2
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General
Sewer public sewer
Heating central electric
Cooling central air
Utilities bb/hs internet available cable available electricity available electricity connected fiber optics fire hydrant sewer connected sprinkler meter underground utilities water connected
Roof shingle
Appliances dishwasher disposal dryer electric water heater microwave range refrigerator washer wine refrigerator
Zoning rsf4.5/c
Pool Features in ground
Construction Materials wood frame
Year Built 1992
Levels one
Property Subtype single family residence
Tax Year 2024
Ownership fee simple
Waterfront Features canal - saltwater
County manatee
New Construction no
Property Type residential
HOA N
Attached Garage no
Subdivision Name ibis isle
Facing Direction east
Garage Y/N no
Total Rooms 3
Full Baths 2
Status active
Directions turn left onto us 301 south and continue for about a mile. turn right onto riviera dunes way then turn left onto sally lee drive. the property will be on your right.
High School palmetto high
City ellenton
Senior Community Y/N no
MLS Area 34222 - ellenton
Lot Size Units square feet
Lot Size Square Feet 13809
Carport Y/N no
Elementary School james tillman elementary
Land Lease Y/N no
Tax Annual Amount 7211.95
Middle/Junior High School lincoln middle
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/tb8433762
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type vacant
Tax Lot 2
Legal Description lot 2 ibis isle sub pi#10366.0015/1
Water View canal
Water Access Type canal - saltwater
Minimum Lease no minimum
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code ae
DockY/N yes
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Exterior
Exterior Amenities awning(s) irrigation system lighting rain gutters sliding doors sprinkler metered storage
Parking Features circular driveway driveway
Water Source public
Lot Size Area 13809
Foundation Details stilt/on piling
Spa no
Building Area Total 2684
Lot Size Acres 0.32
Road Surface Type asphalt
Private Pool yes
Waterfront Y/N yes
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Exp Realty Llc

Broker

ben@southshoreteam.com

Email

Affordability Calculator

$4,687
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,086
Monthly Property Taxes
$601
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
3325642 Elementary School
3325085 Middle School
Palmetto High High School
Pricing History
DatePricePrice ChangeDescription
11/30/2025$655,000 -2.96% Price Down
11/17/2025$675,000 -3.30% Price Down
11/5/2025$698,000 -0.14% Price Down
10/2/2025$699,000 Listed Price

Map


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505 SALLY LEE DRIVE, Ellenton, FL, 34222 is a Single Family Home for sale at $655,000 with 1,392 sqft and a lot size of 0.32. 505 SALLY LEE DRIVE has 2 bedrooms, 2.0 baths, and was built in 1992. The property's zip code is 34222 which is in Ellenton, FL