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$900,000
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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.
Full Property Details
Full Property Details for 5403 Palmetto Point Dr
General
- Sold For: $900,000
- Taxes: $4,833 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4684594
- Added to Site: 126 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Open Floorplan, Thermostat
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Screen Enclosure
Exterior
- Exterior Features: Lighting, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
- Deck/Patio: Patio, Screened
- Porch/Patio/Deck: Patio, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: PALMETTO SKYWAY SEC 1
- Driving 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.
- Direction Faces: East
School Information
- Elementary School: Palm View Elementary
- High School: Palmetto High
Community
- Community Name: 34221 - Palmetto/Rubonia
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Florida
- Architectural Style: Florida
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,468
- Sq. Ft. Source: Public Records
- Living Area: 2,468 Sq. Ft.
- Year Built: 1959
Lot Features
- Property View: Water
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,013
- Lot Size: 14013
- Lot Dimensions: 98 x 143
- Street/Road Desc.: Asphalt
- Fencing (Description): Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Tax Amount: $4,833.38
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 3 PALMETTO SKYWAY SEC 1 PI#22064.0000/0
- Flood Zone Info: AE
- APN: 2206400000
- Property ID: 2206400000
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Schools
Schools serving 5403 Palmetto Point Dr
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Palm View Elementary School 6025 Bayshore Road, Palmetto, FL 34221 | PK-5 | 0.7 mi |
Palmetto High School 1200 17th Street West, Palmetto, FL 34221 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5403 Palmetto Point Dr
Date
Details
Price
Change
Source
7/03/2026
Sold
$900,000
-1.64%
MLS
3/06/2026
Listed
$915,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5403 Palmetto Point Drive, Palmetto, FL 34221 (MLS# A4684594) is a Single Family property that was sold at $900,000 on July 03, 2026. This property was listed by Buky Team from our Longboat Key Office.Want to learn more about 5403 Palmetto Point Drive? Do you have questions about finding other Single Family real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

