5403 PALMETTO POINT DRIVE Palmetto, FL $ 915,000
5403 PALMETTO POINT DRIVE
$ 915,000
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5403 PALMETTO POINT DRIVE

Palmetto, FL, 34221
$ 915,000
Bedrooms3 Baths3.0 Sq 2,468

Monthly Estimate*

$ 5,634

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Single Family Home for sale in Palmetto, FL

for $915,000 with 3 bedrooms and 3 full baths. This 2,468 square foot home was built in 1959 on a lot size of 0.32.

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.

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Single Family Active

Price

$ 915,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,833

Style

Florida

Lot Size

0.32

Year Built

1959

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4684594

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Washer
Zoning RSF4.5/C
Garage Spaces 2
Patio/Porch Features Patio Screened
Architectural Style Florida
Pool Features In Ground Screen Enclosure
Construction Materials Stucco
Pets Allowed Yes
Year Built 1959
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Canal - Saltwater
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PALMETTO SKYWAY SEC 1
Facing Direction East
Garage Y/N true
Total Rooms 11
Full Baths 3
Status Active
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 onto US-19 North turn left onto Palmetto Point Dr. Property is on your right.
High School Palmetto High
City PALMETTO
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 14013
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Palm View Elementary
Land Lease Y/N false
Tax Annual Amount 4833.38
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.youtube.com/embed/pbjdUNCyAjE
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 3
Legal Description LOT 3 PALMETTO SKYWAY SEC 1 PI#22064.0000/0
Water View Canal
Water Access Type Canal - Saltwater
Minimum Lease 1-7 Days
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Open Floorplan Thermostat
Flooring Carpet Ceramic Tile Luxury Vinyl
Furnished Y/N Turnkey
Fireplace Features Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features In Garage
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Lighting Private Mailbox Private Yard Rain Gutters Sliding Doors
Vegetation Mature Landscaping
Fencing Vinyl
Water Source Public
Lot Size Area 14013
Foundation Details Slab
Spa false
Building Area Total 3513
Lot Dimensions 98 x 143
Lot Size Acres 0.32
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Coldwell Banker Realty

Broker

matthew.huffman@cbrealty.com

Email

Affordability Calculator

$6,037
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,634
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Palmetto High High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$915,000 Listed Price

Map


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5403 PALMETTO POINT DRIVE, Palmetto, FL, 34221 is a Single Family Home for sale at $915,000 with 2,468 sqft and a lot size of 0.32. 5403 PALMETTO POINT DRIVE has 3 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 34221 which is in Palmetto, FL