Price Reduced 17.79%
Price History
$669,000
9/9/2025
$650,000
9/22/2025
$625,000
10/20/2025
$599,900
11/25/2025
$569,000
2/18/2026
$549,999
4/15/2026
5539 2ND AVENUE CIRCLE W, Palmetto, FL, 34221
Build your dream waterfront home in the exclusive gated community of Terra Ceia Bay Estates, one of the Gulf Coast’s best-kept secrets. With only ten residences in the neighborhood, this rare bayfront homesite offers the privacy, boating access, and location that waterfront buyers are searching for. Featuring 118 feet of direct frontage on Terra Ceia Bay, the property includes a private dock and boat lift with no bridges to Tampa Bay or the Gulf of Mexico. Spend your weekends boating to waterfront restaurants, exploring nearby sandbars, fishing for snook and redfish, or simply enjoying panoramic sunset views from your dock while your custom home comes to life. Unlike many waterfront opportunities in Florida, there are no costly demolition expenses, permitting delays tied to tearing down an older structure, or compromises with outdated floorplans. This blank canvas allows you to design a fully customized elevated coastal residence with the latest in luxury finishes, hurricane standards, smart home technology, and modern waterfront architecture. A survey, environmental reports, and engineered home plans are already available, helping streamline the building process and saving valuable time. While construction progresses, you can still enjoy the boating lifestyle immediately by utilizing your private dock and lift from day one. Residents of Terra Ceia Bay Estates enjoy maintenance-free living with lawn care, irrigation, and a community pool included through the HOA. Ideally positioned near US-19, I-275, and the Sunshine Skyway Bridge, the property offers convenient access to downtown St. Petersburg, Tampa, Sarasota, Anna Maria Island, and Gulf beaches, all within approximately 25 minutes. Waterfront lots with direct bay access, private docks, no-bridge Gulf access, and this level of exclusivity rarely become available in Terra Ceia. This is an opportunity to create a legacy waterfront estate in one of the most unique coastal communities in the Tampa Bay area.
Status:
Active
Type:
Lot / Acreage
Subdivision:
TERRA CEIA BAY ESTATES
Common Charge:
$1,500 Quarterly
Lot Size:
18 x 136 x 108 x 163
Acreage:
0.31
Est. Taxes:
$6,875
HOA Fee
$1,500
Current Use
Residential
Utilities
Cable Available, Electricity Available, Public, Sewer Available, Street Lights, Water Available
Lot Description:
Cleared, In County
View Description:
Water
Amenities:
Pool
Waterfront:
Yes
Days on Market:
254
Pet Policy:
Cats OK, Dogs OK
MLS #:
A4663830
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC 941-737-1500