513 17TH AVENUE E, Palmetto, FL, 34221 | $1,499,000

Welcome to Sanctuary Cove, where luxury waterfront living meets an effortless Florida lifestyle. Located in a private, gated boating community on the Manatee River, this maintenance-free home in Flood Zone X offers peace of mind with NO flood insurance required and NO flooding or damage from Hurricanes Helene or Milton in 2024. Built in 2020, this beautifully designed 4-bedroom, 3-bath residence features an inviting open-concept layout with rich engineered hardwood floors and upscale finishes throughout. The gourmet kitchen is a showstopper—perfect for entertaining or relaxed evenings at home—with a gas cooktop, built-in refrigerator, Quartz countertops, custom wood range hood, and an expansive island. Additional highlights include 2 tankless gas water heaters, 3-Car Garage, impact windows and doors, tile roof, whole house water purification and softener system, Ring doorbell and wired for Dolby Atmos surround sound in the family room. From the moment you enter, you’ll appreciate the elevated details: soaring ceilings, crown molding, 7-inch baseboards, 8-foot solid-core doors, and tray ceilings in the foyer, dining room, family room, and owner’s suite. The spacious family room opens to breathtaking views of your private resort-style pool, spa, and composite dock complete with a 10, 000-lb boat lift. Enjoy 80 feet of pristine waterfront, with a dock equipped with electric and water—ideal for sunset cruises or days on the water. The gas-heated saltwater pool and spa features Wi-Fi controls, color-changing lights, PebbleTec finish, sun shelf, 3 deck jets and Shellstone natural stone pavers. Evenings are magical as lush tropical landscaping comes alive under professional landscape lighting. Adding to the home’s versatility, the climate-controlled one-car garage has been transformed into a private man cave that currently features a golf simulator and workout space—a rare and exciting bonus. Sanctuary Cove is golf cart friendly and offers unmatched amenities, including a private sugar-sand beach on the Manatee River with kayak launch and kayak storage. The channel lock system provides direct boating access while maintaining consistent water levels throughout the community. Residents also enjoy a wealth of activities in the waterfront clubhouse with a resort-style heated pool, lap lanes, hot tub, fitness center, billiards, ping pong, entertainment room, and a full kitchen—perfect for an active and social lifestyle. Just minutes by boat or car to sandbars, waterfront dining, and pristine beaches, with easy access to Anna Maria Island, Egmont Key, Longboat Key, Bradenton, Sarasota, St. Petersburg, and Tampa Bay. Conveniently located close to I-75 and I-275, Detwiler’s Farm Market across the street, Ellenton Outlets, The Mall at University Town Center, Lakewood Ranch, Sarasota Bradenton International Airport and Tampa International Airport. This is more than a home—it’s a waterfront retreat. Schedule your private showing today.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Spa/Hot Tub
  • Rooms: 13
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2020
  • Garage: 3-car Garage Door Opener, Golf Cart Parking, Split Garage
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 2,896
  • Acreage: 0.24
  • Est. Taxes: $14,456
  • HOA Fee: $134 Monthly
  • Lot Desc: Level, Near Marina, Sidewalk
  • View: Garden, Pool, Water
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Water Filtration System, Water Purifier, Water Softener
  • MLS#: TB8475924
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8475924/51317thavenuee_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 3/1/2026 7:08:02 AM)
Listing courtesy of Flat Fee MLS Realty   Phone: 813-642-6030

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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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305.922.5393

Pedro.Delgadillo@raveis.com

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

513 17TH AVENUE E, Palmetto, FL, 34221

$1,499,000

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 $1,199,200 $1,199,200 $1,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.046% 5.846% 5.700%
Monthly Tax Payment $1,205 $1,205 $1,205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,622 $6,998 $9,798
Total Monthly Payment $7,952 $8,328 $11,128

* 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.