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$1,500,000
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Property Description
Experience breathtaking sunsets every evening from your custom-built, modern Key West-style waterfront home in the exclusive, gated community of Terra Ceia Bay Estates, featuring only ten residences. Arrive by boat via Tampa Bay's open waters to your private 90-foot dock with a 10,000 pound boat lift, or park in your expansive five-car garage equipped with ample storage. An elevator conveniently takes you to any of the home's three levels. The mid-level main entrance welcomes you to an open-concept living area with stunning 180° water views, showcased through disappearing four-panel pocket sliding glass doors. The living room boasts a spacious wood-burning fireplace with a custom wood mantle, granite hearth, and built-ins, all beneath soaring 10-foot coffered ceilings with in-ceiling Bose surround sound speakers. These high ceilings continue throughout the home, complemented by ¾-inch solid Acacia hand-scraped hardwood floors, along with marble and travertine tile accents in the kitchen and bathrooms. The gourmet kitchen is a chef's dream, offering a large walk-in pantry, granite countertops, under-cabinet and valance lighting, a touchless Kohler faucet, a generously sized island with bar seating, and a breakfast nook perfect for entertaining. It's outfitted with high-end appliances, including a double oven, a five-burner low-profile electric cooktop, and a microwave drawer-ideal for hosting gatherings or preparing meals for family and friends. Adjacent is a formal dining room with crown molding and its own private balcony. On the third floor, the primary suite serves as a luxurious retreat, featuring a tray ceiling, a mirrored dressing area, and glass French doors leading to a private deck. A spiral staircase ascends to a crow's nest, 40 feet above ground, where you can enjoy sunsets with panoramic views of the bay and Skyway Bridge. The ensuite bathroom offers heated travertine floors, a double vanity with granite countertops, a 12-jet Jacuzzi tub with an inline whirlpool heater, and an oversized walk-in shower with dual rainheads, four body sprays, and a shower wand. A nearby laundry room adds convenience, while an additional bedroom on this level includes a private bath with mosaic tile accents and a spacious wardrobe closet. Additional features of the home include solid core 8-foot interior doors, whole-house dimmable LED lighting, ceiling fans throughout, metal roofing, vinyl siding, Icynene attic spray foam insulation, a security system, PGT hurricane-rated impact windows and doors, see-through cable railing, and Trex composite decking. Outdoor amenities include dock lighting, a remote GEM boat lift controller, a 50A/30A shore power tower, and an in-ground sprinkler system. The home is located just 25 minutes from downtown St. Petersburg, 35 minutes from Tampa International Airport, and 20 minutes from University Mall. The HOA fee of $500/month covers community pool access, lawn and shrub maintenance, fertilization, and irrigation water.
Full Property Details
Full Property Details for 5531 2nd Ave Cir W
General
- Sold For: $1,500,000
- HOA FEE: $500/month
- HOA FEE FREQ.: Quarterly
- Taxes: $13,413 (2023)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4633131
- Added to Site: 383 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 11
- Interior Features: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
- Flooring: Ceramic Tile, Marble, Travertine, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Gated, Pool
- Security/Safety: Gated Community
Exterior
- Exterior Features: French Doors, Irrigation System, Lighting, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
- Deck/Patio: Covered, Front Porch, Rear Porch
- Porch/Patio/Deck: Covered, Front Porch, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Parking Features: Driveway, Guest, Oversized
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: TERRA CEIA BAY ESTATES
- Driving Directions: US-19 N, Turn left onto Palmetto Point Dr, Turn right onto 2nd Cir W, Continue onto 2nd Ave Cir W, Home will be on the right.
- Direction Faces: Southeast
Community
- Community Name: 34221 - Palmetto/Rubonia
- Community Features: Bay/Harbor Front, Fishing, Water Access, Waterfront, Deed Restrictions, Gated Community - No Guard, Pool
- Optional Amenities: Gated, Pool
- Association: Yes
- Assoc. Name: Rob Munns
- Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pool Maintenance, Private Road
- Pet Restrictions: Verify all pet restrictions with the association.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: TERRA CEIA BAY
- Water: Public
- Utility Description: Public
Structural Information
- Architectural Info: Key West
- Architectural Style: Key West
- Exterior Const.: Block, Vinyl Siding
- Roof: Metal
- Windows: Window Treatments
- Stories/Levels: Three Or More
- Square Feet: 3,194
- Sq. Ft. Source: Public Records
- Living Area: 3,194 Sq. Ft.
- Year Built: 2014
Lot Features
- Property View: Water
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,458
- Lot Size: 12458
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Extras: Yes
- Water Front Name: TERRA CEIA BAY
- Water Front Desc.: Bay/Harbor Front, Waterfront, Bay/Harbor
Financial Considerations
- Association Fee: $1,500
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $13,413
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 7 TERRA CEIA BAY ESTATES PI#22331.1045/7
- Flood Zone Info: AE
- APN: 2233110457
- Property ID: 2233110457
Listed by Tim Lester Internat'l Realty
Sold by Re/Max Action First Of Florida
Get Pre-Approved Today
Schools
Schools serving 5531 2nd Ave Cir W
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5531 2nd Ave Cir W
Date
Details
Price
Change
Source
11/06/2025
Sold
$1,500,000
-5.66%
MLS
8/14/2025
Price Reduced
$1,590,000
-5.36%
MLS
7/09/2025
Price Reduced
$1,680,000
-3.95%
MLS
5/21/2025
Price Reduced
$1,749,000
-2.29%
MLS
4/23/2025
Price Reduced
$1,790,000
-2.72%
MLS
3/14/2025
Price Reduced
$1,840,000
-2.65%
MLS
2/10/2025
Price Reduced
$1,890,000
-3.34%
MLS
12/30/2024
Listed
$1,955,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5531 2nd Avenue Circle W, Palmetto, FL 34221 (MLS# A4633131) is a Single Family property that was sold at $1,500,000 on November 06, 2025. Want to learn more about 5531 2nd Avenue Circle W? 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.

