333 SALLY LEE DRIVE, Ellenton, FL, 34222 | $699,900

One or more photo(s) has been virtually staged. Discover the potential of true Florida waterfront living at 333 Sally Lee Dr in Ellenton, a canal front property thoughtfully priced to allow the next owner to bring their own updates, style, and vision to life. Set along approximately 130 feet of protected saltwater canal frontage, this property offers direct access to the Manatee River in about 10 minutes, opening the door to the Intracoastal Waterway, Regatta Point Marina, waterfront dining, and endless days exploring the Gulf Coast by boat. From your backyard, watch manatees glide through the canal while coastal birds drift overhead and sunsets shimmer across the water. Inside, the three bedroom, three bathroom home features a bright, open layout with tile flooring throughout the main living areas. The newly remodeled kitchen serves as the heart of the home with modern finishes and a functional design that flows easily into the surrounding living spaces. The primary suite offers a comfortable retreat with dual sinks, a walk in shower, a generous walk in closet, and direct access outdoors. French doors open to a versatile bonus room that can easily function as a home office, den, or additional bedroom depending on your needs. Ideal for extended family or guests, the approximately 1, 000 square foot in law suite offers a private entrance, bedroom, full bath, and a balcony overlooking the water where evening breezes and sunset views create a peaceful setting. The oversized two car garage with dedicated workshop space provides room for hobbies, projects, and additional storage. Outside, the fenced backyard with mature tropical landscaping and a covered lanai creates a relaxed waterfront setting where you can unwind while enjoying the surrounding nature. Set on a nearly half acre lot, the property offers exceptional space and flexibility, giving the next owner the opportunity to enhance the home and outdoor living areas to fully capture the potential of this waterfront setting. With no HOA and no deed restrictions, you have the freedom to design the property around the lifestyle you want, whether that means customizing the home, expanding outdoor entertaining areas, or creating the ultimate boating retreat. Tucked within the quiet Highland Shores neighborhood just off US 301, the location offers privacy while remaining conveniently close to I 75 and I 275, providing easy access to St Petersburg, Sarasota, and the surrounding Gulf Coast communities. For buyers who recognize the value of location, waterfront access, and the opportunity to create something truly their own, 333 Sally Lee Dr offers the chance to shape a canal front property into a remarkable Florida waterfront retreat. Schedule your private showing today and imagine the possibilities.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: In Garage
  • Year Built: 1964
  • Garage: 2-car Workshop in Garage
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 3,067
  • Acreage: 0.46
  • Est. Taxes: $6,619
  • Lot Desc: Flood Insurance Required, FloodZone
  • View: Water
  • Elem. School: James Tillman Elementary
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Microwave, Range, Refrigerator
  • MLS#: A4673900
  • Days on Market: 115 days
  • Website: https://www.raveis.com
    /prop/A4673900/333sallyleedrive_ellenton_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 5/9/2026 5:07:25 AM)

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NMLS Mortgage Loan Originator ID 1020051

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333 SALLY LEE DRIVE, Ellenton, FL, 34222

$699,900

Mike Karras - Mike Karras Team

Luxury Properties Specialist

William Raveis Real Estate

Phone: 508.362.0720

Mike.Karras@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.324% 6.398% 5.614%
Monthly Tax Payment $552 $552 $552
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,312 $3,448 $4,538
Total Monthly Payment $3,956 $4,092 $5,182

* 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.