1802 5TH STREET E, Palmetto, FL, 34221 | $1,089,000

Welcome to this COASTAL DREAM HOME with DEEDED BOAT SLIP & LIFT located in the highly sought-after gated WATERFRONT BOATING COMMUNITY of Sanctuary Cove, perfectly positioned along the Manatee River in a NON-FLOOD ZONE with direct access to the Gulf of America. Offering the most sought-after floor plan (BORETTO) 4 bedrooms, and 3 bathrooms, this smart home combines luxury finishes, thoughtful design, and true Florida waterfront living. From the moment you arrive, you’ll notice the elevated curb appeal with a tile roof, paver driveway, 8-foot glass front entry door, and screened front entry that invites in the coastal breeze, especially with no neighbors across the street, enhancing privacy and openness. Inside, the spacious open-concept layout features luxury vinyl plank flooring, tall ceilings, crown molding, plantation shutters, and premium paint throughout. Architectural details include a coffered living room ceiling, tray ceilings, and a stunning Florida-style pecky cypress wood accent feature that adds warmth and character. The chef’s kitchen is designed for entertaining with GE Profile stainless steel appliances, including a natural gas cooktop, double wall ovens, brand-new dishwasher, built-in refrigerator, quartz countertops, two-tone cabinetry (coastal gray and white island), upper cabinet lighting, and a custom beverage station with dual-zone wine storage. This desirable 3 -way split floor plan offers privacy for all. The primary suite is a luxurious retreat featuring a pecky cypress foyer, dual vanities, soaking Jacuzzi tub with jets, oversized walk-in shower with glass doors, marble basketweave flooring, and a spacious walk-in closet with custom California Closet systems. Three additional bedrooms are thoughtfully positioned, including a guest suite with its own bath and a flexible pool bath layout perfect for visitors and entertaining. The outdoor living space is truly exceptional. Step through the pocket sliding doors into your private screened lanai featuring a heated pool, oversized spa with fountain feature, and a ELEVATED outdoor kitchen with fantasy brown leather granite countertops. This space is ideal for year-round entertaining and Florida sunshine living. Additional upgrades include a spacious 3-car garage with custom built-in cabinetry, Samsung washer and dryer in a large laundry room with quartz folding counters, built-in storage, and a utility sink. Smart home features include WiFi-enabled lighting, outlets, switches, a Honeywell smart thermostat, built-in security system, and a smart video doorbell. This home also includes DEEDED BOAT SLIP #29 in the community marina, complete with water and electric, and a boat lift accommodating vessels up to 31 feet, offering direct deepwater access to the Gulf of America. Sanctuary Cove delivers an unmatched resort lifestyle with amenities including a beautiful clubhouse, heated pool and spa, fitness center, marina, beach and nature preserve, and vibrant community events such as holiday golf cart parades and seasonal gatherings. Lawn maintenance, trimming, and irrigation services are included for easy living. Conveniently located just minutes from I-75 and I-275, this home provides easy access to St. Petersburg, Tampa, Bradenton, and Sarasota, as well as nearby shopping and dining, including the FAMOUS Detwiler’s Market. This is more than a home. It’s a WATERFRONT LIFESTYLE. Luxury, location, and boating convenience all come together in one extraordinary property.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Spa/Hot Tub
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2019
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,581
  • Acreage: 0.24
  • Est. Taxes: $13,299
  • HOA Fee: $273 Monthly
  • View: Water
  • Elem. School: James Tillman Elementary
  • Middle School: Buffalo Creek Middle
  • High School: Palmetto High
  • Pool: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: TB8498855
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8498855/18025thstreete_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 5/17/2026 9:32:56 PM)
Listing courtesy of HARRIS REAL ESTATE AND INVESTMENTS   Phone: 727-804-8696

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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:

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Our Insurance Division:

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1802 5TH STREET E, Palmetto, FL, 34221

$1,089,000

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 $871,200 $871,200 $871,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.349% 6.183%
Monthly Tax Payment $1,108 $1,108 $1,108
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,223 $5,364 $7,352
Total Monthly Payment $6,456 $6,597 $8,585

* 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.