2121 5th STREET E, Palmetto, FL, 34221 | $1,299,000

Welcome to your Florida dream home! Nestled in the gated community of Sanctuary Cove, enjoy a carefree lifestyle with plenty of amenities to enjoy since yard maintenance is included in your HOA. This house showcases timeless architectural design and modern aesthetic, featuring large impact windows that invite abundant natural light and offer views of the screened saltwater pool / spa and marina waterfront. Upon entering, you will be greeted by high ceilings, upgraded flooring and tasteful décor, setting the tone for the luxurious atmosphere that permeates throughout the entire residence. The open concept layout seamlessly connects the various living spaces, providing a sense of spaciousness and functionality. The great room is open to the kitchen and has large impact sliding doors leading to a covered lanai and screened pool area. It’s the perfect spot to unwind and entertain guests, offering a seamless transition between indoor and outdoor living. The gourmet kitchen is a culinary enthusiast’s dream come true! Boasting upper lighted cabinets, backsplash to the ceiling, gas cooktop, upgraded stainless appliances and a generous island with bar seating, it provides both style and functionality. Whether you are preparing a quick meal or hosting a dinner party, this kitchen will undoubtedly be the heart of your home. Featuring 4 bedrooms, 3 down and 1 up, each offering a private sanctuary for rest and relaxation. The primary suite is a true retreat, complete with spacious walk-in closet and a luxurious en suite bathroom with an oversized glass enclosed shower, separate water closet and dual vanity sinks. Wake up to water views and indulge in the ultimate comfort and privacy. This exceptional house also offers practical amenities such as a laundry room with sink and cabinets, 2 car garage with painted epoxy floor, workbench and overhead storage as well as a Generac whole house generator. Situated on boatable water with access to the Manatee River, Tampa Bay and Gulf of Mexico. Developer dock permits are in place and ready for you to build your custom dock to accommodate up to a 30 foot boat. Conveniently located near I-75 and 275 for a quick drive to St Pete/Tampa to the north and Sarasota/Naples to the south as well as plenty of shopping, dining and entertainment options. This home provides the ideal combination of luxury, comfort and accessibility.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Security
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2019
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,010
  • Acreage: 0.15
  • Est. Taxes: $9,775
  • HOA Fee: $333 Quarterly
  • Lot Desc: City Lot, Near Marina, Sidewalk
  • View: Water
  • Pool: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4573707
  • Days on Market: 307 days
  • Website: https://www.raveis.com
    /eprop/A4573707/21215thstreete_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/14/2024 9:47:09 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-748-6300

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2121 5th STREET E, Palmetto, FL, 34221

$1,299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,039,200 $1,039,200 $1,039,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 7.014% 7.041%
Monthly Tax Payment $815 $815 $815
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,089 $6,827 $9,268
Total Monthly Payment $8,029 $7,767 $10,208

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.