5 months on rocket

2318 5th St E, Palmetto, FL, 34221

$745,000

Home List Price

$8,847*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,507 SqFt
$297/SqFt
House
Schools Nearby

Location

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2318 5th St E, Palmetto$745,000

Buyer Closing Credits

$8,847*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built2022
HeatingElectric
CoolingCentral Air
ViewTrees/Woods
MLS #T3484889
Lot Size0.19 Acres
StatusActive

About 2318 5th St E

MASSIVE PRICE IMPROVEMENT! Welcome to Sanctuary Cove, a gated marina community in Palmetto. Sanctuary Cove has a beautiful clubhouse, with a gym, swimming pool and a private beach. Resort style living at it's finest! This gorgeous 2022 build 3 bedroom, 3 1/2 bath home, with a den, will amaze you! The natural light in this home is downright spectacular. The home features ceramic tile flooring throughout. When you walk in the first thing you'll notice is the sanctuary view. No rear neighbors! The home has all ivory 42" cabinets complimented with quartz countertops. The home comes with beautiful custom lighting in the kitchen, den and dining room. This home has all premium GE Profile appliances including a gas stove, extra large refrigerator and a microwave. The open floor plan is great for entertaining friends and family. The master bedroom also has the sanctuary view for added privacy. The master bathroom has dual vanity sinks and a double head shower. Plenty of closet space in this home! Both guest bedrooms have walk-in closets and en-suite bathrooms. The home has a tankless water heater for less water consumption. It also has hurricane impact windows. Conveniently located to Tamiami Trail, 301 and 75 you’ll have quick access all the sandy beaches, shops, restaurants, and airport. Come see this beautiful and affordable luxury Florida home. It won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2022
  • Stories: 1
  • Living Area: 2,507 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS SOUTH SHORE
  • Office Phone: (813) 641-8300
  • Listing Agent: Kenneth Gaydos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Flooring Type: Tile
  • Interior: Open Floorplan, Solid Surface Counters, Thermostat, Tray Ceiling(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Irrigation System, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 2318 5th St E

3D Tour

Lot Features

Lot Information:

  • Lot: Near Marina
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palmetto High School, Public District Grades 9-12
  • Lincoln Middle School, Public Magnet Grades 6-8
  • James Tillman Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From S Tamiami Trail turn left at 16th Ave E then turn left at 5th St E. Home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $745,000
  • Price Per SqFt: $297/SqFt

HOA Fees:

  • Amount: $358
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $647
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$397.4K

Med. Price/SqFt

$224

Avg. Days On Market

59

# of Sold Homes

97

2318 5th St E vs Palmetto

157 DAYS ON ROCKET

+98 Days

$745,000

+$347.6K More

$297/SqFt

+$73 More

KEY TAKEAWAY

This property is $347.6K more than the Median Sold Price and $73/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3484889

Listing Office:

  • Office Name: KELLER WILLIAMS SOUTH SHORE
  • Office Phone: (813) 641-8300
  • Listing Agent: Kenneth Gaydos

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 1:19:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 21, 2020Home Sold
$4,586,800

Tax History

YEARPROP. TAXASSESSMENT
2020$647$70,000
2018$192$9,100
2017$193$9,100

History based on county public records data.

Payment Calculator

$3,905

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,300

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1264520
7
/10

  • James Tillman Elementary School

  • 1415 29th St E

  • 1.72 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1264521
2
/10

  • Lincoln Middle School

  • 305 17th St E

  • 1.53 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1264522
3
/10

  • Palmetto High School

  • 1200 17th St W

  • 2.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,729. The majority of Palmetto, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2318 5th St E

What is the listing price of this property?

The listing price of 2318 5th St E property is $745,000.

What type of property is this?

The property 2318 5th St E is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 2318 5th St E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2318 5th St E are:
James Tillman Elementary School: GreatSchools Rating 7/10
Lincoln Middle School: GreatSchools Rating 2/10
Palmetto High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $647 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 21, 2020 for $4,586,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2318 5th St E has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2318 5th St E is 2,507 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2318 5th St E is 2022.

Rocket Homes›Florida›Manatee County›Palmetto›34221›2318 5th St E

This home is located at 2318 5th St E in Palmetto, FL and zip code 34221. This 2,507 square foot home, which was built in 2022, sits on a 0.19 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2023 and is currently priced at $745,000.

In March 2024, from all listings sold in Palmetto, FL there were more than 6 sold above asking price, over 65 sold below and more than 26 were sold right at the asked price. The inventory of homes for sale in Palmetto, FL between February 2024 and March 2024 increased by 8.7%. The median list price of listings available in March 2024 was $397,400, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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