5216 W 13th STREET W, Palmetto, FL, 34221 | $3,850,000

One or more photo(s) has been virtually staged. LIVE ON AN ISLAND! ALMOST 1. 5 ACRES OF WATERFRONT PROPERTY. ***NO HOA / NO CDD FEES*** Embrace this unique opportunity to own a three-story house with direct western facing views of Tampa Bay and the Gulf of Mexico. This Key West style house has water views from nearly every room including a fully screened in veranda. It is situated on a corner lot at the very end of 13th Street West on Snead Island with over 300 feet of waterfront directly on the beautiful Manatee River, a 110-foot pier and private dock for your personal use and boasts of numerous mango trees which produce the most delicious mangos. Close proximity to Snead Island Boat Works, a deepwater marina, is just a short distance away. The spacious house has 4 bedrooms and 3. 5 bathrooms. The main level includes the Owner's suite with a separate entrance and a walk-in closet; junior bedroom suite with a walk-in closet; study/den with a built-in floor to ceiling wooden bookshelf; ballroom style living room; formal dining room; the kitchen has a separate eat-in area with water views and a laundry room with a newer washer/dryer. Three sets of French doors lead onto the veranda and another set of French doors lead into the study, dining room and kitchen. The kitchen was renovated in 2019 with new quartz counters, oven, microwave, dishwasher and refrigerator. The upper level has two bedrooms with new carpeting, a full bathroom, walk-in cedar closet, an inside balcony that overlooks the ballroom style living room, and a separate air-conditioning unit for maximum comfort control. Working Franklin stove in the living room. The air-conditioning unit for main level was replaced in 2021. 3 separate hot water heaters will ensure a nice warm bath or shower. One of the hot water heaters was replaced December 2023. The ground level contains a SEVEN car garage, two storage rooms, an a working elevator to the kitchen, and ample additional space for personal watercraft, kayaks and bicycles. All three garage doors and all exterior wooden staircases were replaced in 2019. Watch the beautiful sunsets off the veranda or your own private dock. Snead Island is home to 365 acres of the Emerson Point Preserve, the southern border of the Terra Ceia Aquatic Preserve and the Bradenton Yacht Club. Boat lovers will have easy access from the Manatee River to Tampa Bay, Terra Ceia Bay, the Skyway Bridge, the intracoastal waterway, and the Gulf of Mexico for you to enjoy boating, biking or kayaking. Downtown Bradenton is approximately 5 miles away. Tampa International airport is approximately 45 miles away and Sarasota-Bradenton International airport is approximately 16 miles away. Fort De Soto Park is approximately 28 miles away. From Fort De Soto Park you can catch a ferry and visit Egmont Key State Park. Fishing next to the Sunshine Skyway Bridge is approximately 15 away. This is Florida living at its best!

Features

  • Elevator: Y
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Style: Key West
  • Year Built: 1982
  • Garage: 7-car Boat, Driveway, Garage Door Opener, Tandem, Under Building
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air
  • Approx Sq. Feet: 4,182
  • Acreage: 1.26
  • Est. Taxes: $13,784
  • Lot Desc: Cul-De-Sac, FloodZone, Oversized Lot, Street Dead-End
  • View: Water
  • Elem. School: Palmetto Elementary-MN
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • MLS#: A4586072
  • Days on Market: 163 days
  • Website: https://www.raveis.com
    /eprop/A4586072/5216w13thstreetw_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 5/21/2024 12:32:08 AM)

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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5216 W 13th STREET W, Palmetto, FL, 34221

$3,850,000

Piro Gjerasi

Sales Associate

William Raveis Real Estate

Phone: 617.827.0308

Piro.Gjerasi@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,080,000 $3,080,000 $3,080,000
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 7.903% 7.014% 7.041%
Monthly Tax Payment $1,149 $1,149 $1,149
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,011 $20,233 $27,469
Total Monthly Payment $22,285 $21,507 $28,743

* 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.