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Property Description
Welcome to your piece of paradise! This beautifully maintained 3-bedroom, 2.5-bath elevated home sits on a deep-water canal along the Withlacoochee River, offering easy access to the Gulf of Mexico. This stunning residence welcomes you with a double glass entryway and a grand staircase leading to the charming front porch. Inside, you'll find 20-foot ceilings, travertine tile floors, and solid hickory wood flooring that complement the home's warm, elevated design. The gourmet kitchen features custom cabinetry throughout, stainless steel appliances, and a dark granite countertop that adds a sophisticated touch. The bathrooms also boast beautiful custom cabinetry for a cohesive, luxury feel. Enjoy a spacious screened-in back porch perfect for entertaining, complete with an outdoor kitchen, fireplace, and ample seating space. The home includes two fireplaces, a whole-house central vacuum system, a full-house generator, and a beautiful elevator for convenience. Below the home sits an expansive 2,000 sq. ft. garage and entertainment area, offering endless flexibility for storage, hobbies, gatherings, or additional recreational space. An RV hookup with 30-amp service provides added convenience. Outdoor enthusiasts will love the outdoor dock area, giving you multiple options for parking boats, plus a fish-cleaning station-perfect for preparing the day's catch. With quick, easy access to the Gulf, you'll enjoy world-class fishing, manatees, dolphins, and the peaceful beauty of life on the Withlacoochee River. Located in the quaint town of Yankeetown, a serene getaway where people come to relax and embrace Florida's natural charm.
Full Property Details
Full Property Details for 5 Palm Dr
General
- Sold For: $700,000
- Taxes: $4,482 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8449771
- Added to Site: 194 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Coffered Ceiling(s), Eating Space In Kitchen, Elevator, High Ceilings, Kitchen and Family Room Combination, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Washer
- Furnishings: Unfurnished
- Flooring: Travertine, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, RV Hookup
- Deck/Patio: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Enclosed, Front Porch, Rear Porch, Scree
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
Location
- Area: 34498 - Yankeetown
- County: Levy
- Development Name: 34498 - Yankeetown
- Subdivision: WATERWAY ESTATE 3
- Driving Directions: North on Hwy 19 from Crystal River, Turn left onto Highway 40 W/County Hwy-40, Turn left onto Palm Dr, home is on the right.
- Direction Faces: West
Community
- Community Name: 34498 - Yankeetown
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Exterior Const.: Block, Stucco, Wood Siding
- Roof: Metal
- Windows: Shutters
- Stories/Levels: Two
- Square Feet: 2,088
- Sq. Ft. Source: Appraiser
- Living Area: 2,088 Sq. Ft.
- Year Built: 2009
Additional Structures
- Other Structures: Outdoor Kitchen, Workshop
Lot Features
- Property View: Water
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: 10890
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: River
- Water Extras: Yes
- Water Front Desc.: Freshwater Canal, River Front
Financial Considerations
- Tax Amount: $4,482.45
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 06-17-16 WATERWAY EST NO 3 LOT 62 OR BOOK 1373 PAGE 994
- Flood Zone Info: AE
- APN: 820701000
- Property ID: 820701000
Listed by Coastal Properties Group International
Sold by Central City Realty
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Schools
Schools serving 5 Palm Dr
School District:Levy County School District
| Name | Grades | Distance |
|---|---|---|
Yankeetown School 4500 Highway 40 West, Yankeetown, FL 34498 | PK-8 | 2.3 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 5 Palm Dr
Date
Details
Price
Change
Source
4/10/2026
Sold
$700,000
-6.67%
MLS
2/25/2026
Price Reduced
$750,000
-6.25%
MLS
11/21/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Palm Drive, Yankeetown, FL 34498 (MLS# TB8449771) is a Single Family property that was sold at $700,000 on April 10, 2026. Want to learn more about 5 Palm Drive? Do you have questions about finding other Single Family real estate for sale in Yankeetown? You can browse all Yankeetown real estate or contact a Coldwell Banker agent to request more information.

