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$570,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 3,174 Sq. Ft.
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Professional Photography beautifully enhances this spacious 5-Bedroom 4-Bath Home with Heated Pool, New Roof, and 3-Car Garage with newly finished floor! Welcome to your piece of paradise, nestled at the end of a quiet cul-de-sac in the well-established and coveted Crystal Lakes neighborhood where long-time neighbors take pride in their community. This beautifully maintained 5-bedroom, 4-bathroom residence offers space, privacy, and thoughtful upgrades. Step into the large foyer and enjoy the formal living and dining rooms. The light-filled great room flows seamlessly into the open concept kitchen and dining areas, ideal for both entertaining and everyday living. The kitchen features Corian countertops, deep prep surfaces, 42" upper cabinets, a pantry, and newer appliances. Enjoy two spacious primary suites-one with a tray ceiling, luxurious garden tub, separate shower, dual vanities, and a large walk-in closet, the other tucked behind a private pocket door for guest or in-law comfort. Additional bedrooms are generously sized, and upstairs you'll find another large bedroom, full bath and two bonus versatile rooms-perfect for a gym, media space, or second office. Porcelain tile in all main areas, plush carpet in bedrooms. Upgraded design touches include tall ceilings, arched doorways, niches for your art or family pictures, tray ceilings in the primary, and formal living areas, rounded corners, ample storage, and a large under-stairs closet. Builder installed radiant barrier in the roof to keep the home and garage cooler and energy efficient. Step outside to your private backyard retreat with a heated pool and spa, overlooking a peaceful preserve. The covered patio is already plumbed for an outdoor kitchen, and a dedicated pool bath with linen closet adds convenience. Professionally maintained landscaping, pest control, and weekly pool service ensures this property was well cared for! In addition there is no CDD fee in Crystal Lakes and the fees are extremely low. Recent upgrades include: New roof (2023) with 9 years left on the transferable warranty. Brand New epoxy floor in the 3-car garage -perfect for enthusiasts-with a lifetime warranty. New pool filter 07/25. Located minutes from I-75, I-275, and US-301, with easy access to shopping, dining, high rated schools, parks and recreation, golf courses, and the stunning beaches of Anna Maria Island. Don't wait! This one-of-a-kind home. Schedule your private showing today. Don't miss the virtual tour to see this beautiful home.

Full Property Details for 7116 56th Terrace E

General

  • Sold For: $570,000
  • HOA FEE: $50/month
  • HOA FEE FREQ.: Annually
  • Taxes: $7,502 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4657405
  • Added to Site: 205 day(s) ago

Rental Information

  • Min. Lease: 1-2 Years

Interior

  • Number of Rooms: 8
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
  • Flooring: Carpet, Porcelain Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Electric Dryer Hookup, Laundry Room

Additional Information

  • Shared Amenities: Basketball Court, Playground
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gunite, Heated, In Ground
  • Spa Description: Heated, In Ground

Exterior

  • Exterior Features: Irrigation System, Lighting

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: CRYSTAL LAKES
  • Driving Directions: Buffalo Rd. south to (left) east on 72nd St E. to right on 50th Ave Circle E, turn left on 71st St E to left turn on 56th Terr. E.
  • Direction Faces: West

School Information

  • Elementary School: Virgil Mills Elementary
  • Middle School: Buffalo Creek Middle
  • High School: Palmetto High

Community

  • Community Name: 34221 - Palmetto/Rubonia
  • Community Features: Deed Restrictions, Playground, Sidewalks
  • Optional Amenities: Basketball Court, Playground
  • Association: Yes
  • Assoc. Name: McNeil Mgmt. Services,
  • Management Type: Full Time
  • Mgmt. Company: Full Time

Heating & Cooling

  • Cooling Type: Central Air, Zoned
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public, Well
  • Utility Description: Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 3,174
  • Sq. Ft. Source: Public Records
  • Living Area: 3,174 Sq. Ft.
  • Year Built: 2006

Lot Features

  • Property View: Park/Greenbelt
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,163
  • Lot Size: 8163
  • Frontage: Street Dead-End, Street Paved
  • Street/Road Desc.: Paved, Asphalt

Financial Considerations

  • Association Fee: $600
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $7,502
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 118 CRYSTAL LAKES PI#6601.1610/9
  • Flood Zone Info: X
  • APN: 660116109
  • Property ID: 660116109

Meet the listing and selling agents

Meet the listing and selling agents
— 7116 56th Terrace E —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7116 56th Terrace E

School District:Manatee County School District
NameGradesDistance
Virgil Mills Elementary School
7200 69th Street East, Palmetto, FL 34221
PK-51 mi
Buffalo Creek Middle School
7320 69th Street East, Palmetto, FL 34221
6-81.1 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-125.5 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 7116 56th Terrace E

Date
Details
Price
Change
Source
10/22/2025
Sold
$570,000
-4.84%
MLS
7/15/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7116 56th Terrace E, Palmetto, FL 34221 (MLS# A4657405) is a Single Family property that was sold at $570,000 on October 22, 2025. This property was listed by Jim McElhinney from our Lakewood Ranch North Office.Want to learn more about 7116 56th Terrace E? 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.