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5403 Palmetto Point Drive, Palmetto, FL

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$915,000

($371/sqft)

List Status: Active
5403 Palmetto Point Drive
Palmetto, FL 34221


3 beds
3 baths
2468 living sqft
Top Features
  • Frontage: Canal - Saltwater
  • View: Water
  • Subdivision: Palmetto Skyway Sec 1
  • Built in  1959
  • Single Family Residence
Description
Welcome to 5403 Palmetto Point Drive, a beautifully renovated TURNKEY canal-front waterfront home offering 2,468 square feet of Florida coastal living. This 3-bedroom, 3-bathroom residence is being offered turnkey furnished and blends comfort, style, and income potential. The home is currently operating in a successful short-term rental program projected to generate over $100,000 in annual rental income, with $40,000 already booked year-to-date, making it an exceptional opportunity for both investors and those seeking a waterfront retreat. Inside, the home features an inviting open-concept floor plan with MULTIPLE LIVING SPACES, vaulted ceilings and exposed beams, creating a bright and spacious atmosphere. Expansive sliding glass doors fill the home with natural light while seamlessly connecting indoor living areas to the outdoor entertaining spaces. The main living area is anchored by a charming fireplace, adding warmth and character. The updated kitchen is equipped with all new GE Café appliances installed in 2025, including a refrigerator, range, and dishwasher, along with a new GE washer and dryer (2025). Major recent upgrades provide peace of mind, including a new roof (2025), new AC systems (2025), and impact windows and doors throughout most of the home. Step outside to enjoy your heated, screened-in pool and lanai, the perfect setting for relaxing or entertaining while taking in peaceful waterfront views. Boating enthusiasts will appreciate the private boat dock and lift, offering direct boating access to Tampa Bay through Terra Ceia Bay, ideal for fishing, sunset cruises, and days on the water. Located in the desirable waterfront community of Palmetto Point, this home is just minutes from dining, shopping, and the world-renowned beaches of Anna Maria Island and Florida’s Gulf Coast. Whether you are searching for a primary residence, vacation home, or turnkey investment property, 5403 Palmetto Point Drive offers exceptional waterfront living, strong rental p
Property Details
Additional Information
Additional Lease Restrictions
Verify all leasing restrictions with Manatee County.
Additional Parcels YN
false
Alternate Key Folio Num
2206400000
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Architectural Style
Florida
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
3
Building Area Source
Public Records
Building Area Total
3513
Building Area Total Srch SqM
326.37
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
370.75
Carport YN
false
Construction Materials
Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
1
Current Price
915000.00
Direction Faces
East
Elementary School
Palm View Elementary
Exterior Features
Lighting, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Fencing
Vinyl
Fireplace Features
Living Room
Fireplace YN
true
Flood Zone Code
AE
Flood Zone Date
2021-08-10
Flood Zone Panel
12081C0154F
Flooring
Carpet, Ceramic Tile, Luxury Vinyl
Foundation Details
Slab
Furnished
Turnkey
Garage Spaces
2
Garage YN
true
Heating
Central
High School
Palmetto High
Interior Features
Ceiling Fans(s), Open Floorplan, Thermostat
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
In Garage
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
229.28
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Size Acres
0.32
Lot Size Dimensions
98x143
Lot Size Square Feet
14013
Lot Size Square Meters
1302
Minimum Lease
1-7 Days
Modification Timestamp
2026-03-07T11:49:34.388Z
New Construction YN
false
Occupant Type
Tenant
Other Equipment
Private Yard
Ownership
Fee Simple
Parcel Number
2206400000
Patio And Porch Features
Patio, Screened
Pets Allowed
Yes
Pool Private YN
true
Postal Code Plus 4
8791
Public Survey Range
17E
Public Survey Section
35
RATIO Current Price By Calculated SqFt
370.75
Road Surface Type
Asphalt
Roof
Shingle
Room Count
11
SW Subdiv Community Name
Palmetto Skyway
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Call Listing Agent
Spa YN
false
Status Change Timestamp
2026-03-06T17:12:30.000Z
Stories Total
1
Tax Annual Amount
4833.38
Tax Book Number
9-28
Tax Legal Description
LOT 3 PALMETTO SKYWAY SEC 1 PI#22064.0000/0
Tax Lot
3
Tax Year
2024
Total Acreage
1/4 to less than 1/2
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
33S
Universal Property Id
US-12081-N-2206400000-R-N
Unparsed Address
5403 PALMETTO POINT DR
Utilities
Electricity Connected, Sewer Connected, Water Connected
Vegetation
Mature Landscaping
Water Access
Canal - Saltwater
Water Access YN
1
Water Extras
Lift
Water Extras YN
1
Water Frontage Feet Canal Saltwater
90
Water Source
Public
Water View
Canal
Water View YN
1
Waterfront Feet Total
90
Waterfront YN
true
Zoning
RSF4.5/C
Neighborhood Map
Popup

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MLS #MFRA4684594 Listing courtesy of Coldwell Banker Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 3/12/26 10:48 AM) |

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