2318 5TH STREET E Palmetto, FL $ 699,900
2318 5TH STREET E
$ 699,900
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2318 5TH STREET E

Palmetto, FL, 34221
$ 699,900
Bedrooms3 Baths3.1 Sq 2,507

Monthly Estimate*

$ 4,834

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Single Family Home for sale in Palmetto, FL

for $699,900 with 3 bedrooms and 3 full baths, 1 half bath. This 2,507 square foot home was built in 2022 on a lot size of 0.19.

Discover the perfect blend of modern elegance and Florida coastal living in this stunning 2022-built home in the sought-after gated waterfront community of Sanctuary Cove in Palmetto. Offering an impressive 2,507 square feet of heated living space, 3 bedrooms, 3 full bathrooms, and a half bath, this beautifully appointed residence stands out with its stylish finishes, spacious design, and pristine, move-in-ready condition. Step inside and fall in love with the light, open feel and neutral palette that creates an atmosphere of effortless style. The expansive open-concept living area flows beautifully into the kitchen, making it equally suited for elegant entertaining and comfortable everyday living. Beyond the interior, a screened lanai and fenced backyard create the perfect private retreat for enjoying peaceful mornings, relaxing evenings, and the year-round Florida lifestyle. Sanctuary Cove offers an exceptional waterfront setting near the Manatee River, with a beautiful clubhouse, community marina, and opportunities to enjoy the boating lifestyle. Conveniently located near Tampa, Bradenton, Sarasota, Gulf Coast beaches, premier shopping, dining, and entertainment, this home delivers modern comfort in a sought-after coastal community. Stylish, spacious, and impeccably maintained—this is Florida living at its finest! Don't miss your opportunity to make this exceptional Sanctuary Cove home your own. Schedule your private showing today and come experience firsthand everything this beautiful home and waterfront community have to provide. This is the larger model being offered with 3.5 baths and 3/bedrooms and office.

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Single Family Active

Price

$ 699,900

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 11,831

Style

Single Family Residence

Lot Size

0.19

Year Built

2022

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

TB8557802

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Cooktop Dishwasher Disposal Refrigerator
Zoning PDMU
HOA Fee 324.45
Garage Spaces 0
Association Fee Includes Private Road
Construction Materials Cement Siding Stucco
Pets Allowed Cats OK Dogs OK
Year Built 2022
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front
Community Features Bay/Harbor Front Dock Clubhouse Gated Community - No Guard
HOA Fee 2 324.45
Assoc Fee Paid Per Quarterly
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SANCTUARY COVE
Facing Direction Southwest
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Active
Directions FROM I-75 HEAD WEST TOWARDS HWY 301 TRAVEL 2.6 MI TURN LEFT INTO SANCTUARY COVE WAY TURN LEFT ONTO 5TH STREET 2ND TO LAST HOUSE ON THE LEFT.
City PALMETTO
Body of Water BRADENTON RIVER
Association Name Kayla Delgado PCAM
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 8194
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional FHA
HOA Fee 2 Frequency Quarterly
Land Lease Y/N false
Tax Annual Amount 11831
Home Warranty Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8557802
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
TaxOtherAnnualAssessmentAmount 1895
Tax Lot 155
Legal Description LOT 155 SANCTUARY COVE PI#10157.3775/9
Water View Bay/Harbor - Partial
Water Access Type Marina
Minimum Lease 8-12 Months
Water Access Y/N true
Monthly HOA Amount 108.15
Water View Y/N true
Flood Zone Code X500
In Law Suite YN false
Flood Zone Code X500 Y
DockY/N false
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Interior
Interior Amenities Open Floorplan
Flooring Ceramic Tile
Furnished Y/N Negotiable
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Private Yard
Water Source Public
Lot Size Area 8194
Foundation Details Block
Spa false
Building Area Total 3172
Lot Size Acres 0.19
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Charles Rutenberg Realty Inc

Broker

Teamhammerrealtors@gmail.com

Email

Affordability Calculator

$5,820
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,834
Monthly Property Taxes
$986
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/29/2026$699,900 Listed Price

Map


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2318 5TH STREET E, Palmetto, FL, 34221 is a Single Family Home for sale at $699,900 with 2,507 sqft and a lot size of 0.19. 2318 5TH STREET E has 3 bedrooms, 3.1 baths, and was built in 2022. The property's zip code is 34221 which is in Palmetto, FL