513 17TH AVENUE E, Palmetto, FL, 34221 | $1,395,000

Under contract-accepting backup offers. Experience elevated waterfront living in Sanctuary Cove—where luxury, location, and lifestyle align.
Situated in a private, gated boating community on the Manatee River, this exceptional residence is located in Flood Zone X—NO flood insurance required and sustained NO damage or flooding during the 2024 hurricane season, offering true peace of mind rarely found in waterfront homes.
Built in 2020, this impeccably maintained 4-bedroom, 3-bath home showcases a bright, open-concept design with engineered hardwood floors, soaring ceilings, crown molding, 8-foot solid-core doors, and refined architectural details throughout. The gourmet kitchen is designed to impress, featuring a gas cooktop, built-in refrigerator, Quartz countertops, custom wood range hood, and an oversized island ideal for entertaining.
Step outside and embrace the Florida boating lifestyle. Enjoy 80 feet of canal frontage with a private composite dock equipped with electric and water, plus a 10, 000-lb boat lift—and reach open water in just 15–20 minutes for effortless access to the Gulf, sandbars, and waterfront dining.
Your outdoor oasis is equally impressive, featuring a gas-heated saltwater pool and spa with PebbleTec finish, sun shelf, color-changing lights, 3 deck jets, Wi-Fi controls, and Shellstone pavers—all surrounded by lush tropical landscaping and ambient lighting for stunning evenings.
Inside, the home continues to deliver with premium upgrades including impact windows and doors, tile roof, 2 tankless gas water heaters, whole-house water purification and softener system, and a 3-car garage. A standout feature is the climate-controlled garage conversion currently outfitted with a golf simulator and fitness space—a rare and highly desirable bonus for recreation and entertainment.
Sanctuary Cove offers a true resort-style experience with a private riverfront beach, kayak launch and storage, and a unique channel lock system providing consistent water levels with direct boating access. Residents enjoy a vibrant social atmosphere with a waterfront clubhouse, heated pool with lap lanes, spa, fitness center, and multiple entertainment spaces. Golf cart-friendly and ideally located just minutes to Anna Maria Island, Longboat Key, and the best of the Gulf Coast.
Convenient access to I-75 and I-275, with Detwiler’s Farm Market just across the street, plus close proximity to UTC Mall, Lakewood Ranch, and both Sarasota-Bradenton and Tampa International Airports.
This is more than a home—it’s a boater’s paradise with luxury at every turn. Schedule your private showing today.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub
  • Rooms: 12
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 69 x 105
  • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Style: Mediterranean
  • Year Built: 2020
  • Garage: 3-car Covered, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Split Garage
  • Heating: Central, Electric, Heat Pump, Natural Gas
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,894
  • Acreage: 0.24
  • Lot Size: 69 x 105
  • Est. Taxes: $15,250
  • HOA Fee: $134 Monthly
  • Lot Desc: Landscaped, Near Marina, Private, Sidewalk
  • View: Water
  • Pool: Deck, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Pet Policy: Number Limit, Yes
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Touchless Faucet, Water Filtration System, Water Purifier, Water Softener
  • MLS#: TB8489944
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /eprop/TB8489944/51317thavenuee_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 4/21/2026 9:47:07 PM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 727-342-3800

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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

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513 17TH AVENUE E, Palmetto, FL, 34221

$1,395,000

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 $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.110% 6.097%
Monthly Tax Payment $1,271 $1,271 $1,271
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,513 $6,691 $9,342
Total Monthly Payment $7,909 $8,087 $10,738

* 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.