new - 22 hours on rocket

118 12th Ave E, Palmetto, FL, 34221

$1,650,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
3,245 SqFt
$508/SqFt
House

Location

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118 12th Ave E, Palmetto$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2006
HeatingCentral, Electric, Natural Gas
CoolingCentral Air
WaterfrontRiver Front
ViewWater
Private PoolYes
MLS #A4629429
Lot Size0.24 Acres
StatusActive

About 118 12th Ave E

Luxury and value is found here at the Peninsula at Riviera Dunes. The name of this community alone fits the waterfront location of this home to perfection! With the stunning water views, the feeling of serenity while you relax in your hot tub or pool while taking in the water views or while sitting on the second floor balcony with even more expansive water views, you will feel like you are tucked in to your own private piece of Florida paradise. Live large in this custom built Lee Wetherington home with 4 full size bedrooms. The 4th bedroom located on the second floor, can also serve as a bonus room with extensive water views and a wet bar. The home boasts 4 full bathrooms. Enjoy cooking in this large chef's kitchen with stainless steel appliances, raised panel cabinets, quartz countertops opening to the family room. This home has it all with vaulted ceilings, crown molding, 3 car garage, outdoor cooking area on the lanai for entertaining and a pool and hot tub. All of this with views, views and more views as seen in the photos! This desirable community offers a fitness room, tennis and pickleball courts, community pool, gated entry and is just minutes to downtown Bradenton, Riverwalk and close to Sarasota and St Pete. To make this home even better, it comes with a 50' wet boat slip (#29) in the Riviera Dunes Peninsula Harbor, one of the deepest and safest harbors in all of Florida. Enjoy waterfron and resort style living at its finest!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 3,245 SqFt

Listing Office:

  • Office Name: EXCEPTIONS REALTY
  • Office Phone: (941) 315-2662
  • Listing Agent: Peter Lev

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: River Front
  • View: Water
  • Exterior: Balcony, Irrigation System, Outdoor Grill, Outdoor Kitchen, Sliding Doors

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 118 12th Ave E
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US 41 to Haben Blvd, right on 12th Ave. Go through the gate. House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $508/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $13,053
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$391.1K

Med. Price/SqFt

$218

Avg. Days On Market

64

# of Sold Homes

55

118 12th Ave E vs Palmetto

1 DAY ON ROCKET

-63 Days

$1,650,000

+$1.2M More

$508/SqFt

+$290 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $290/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4629429

Listing Office:

  • Office Name: EXCEPTIONS REALTY
  • Office Phone: (941) 315-2662
  • Listing Agent: Peter Lev

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:19:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2019Home Sold
$745,000
Mar 23, 2005Home Sold
$467,900
Oct 08, 2004Home Sold
$6,883,500

Tax History

YEARPROP. TAXASSESSMENT
2020$13,053$689,473
2018$14,591$712,751
2017$14,514$736,124

History based on county public records data.

Payment Calculator

$8,453

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-442066
1
/10

  • Manatee Elementary School

  • 1609 6th Ave E

  • 1.24 miles

  • Public Magnet Grades PK-5

school-card-donut-442067
1
/10

  • Just for Girls Elementary School

  • 1011 21st St E

  • 1.75 miles

  • Public District Grades KG-5

school-card-donut-442068
7
/10

  • James Tillman Elementary School

  • 1415 29th St E

  • 1.88 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,967. Residents of Palmetto, FL typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 12th Ave E

What is the listing price of this property?

The listing price of 118 12th Ave E property is $1,650,000.

What type of property is this?

The property 118 12th Ave E is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 118 12th Ave E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,053 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 6, 2019 for $745,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 12th Ave E has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 118 12th Ave E is 3,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 12th Ave E is 2006.

Rocket Homes›Florida›Manatee County›Palmetto›34221›118 12th Ave E

This home is located at 118 12th Ave E in Palmetto, FL and zip code 34221 in the Riviera Dunes neighborhood. This 3,245 square foot home, which was built in 2006, sits on a 0.24 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $1,650,000.

In October 2024 more than 6 listings in Palmetto, FL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 36 were sold below. The inventory of homes for sale in Palmetto, FL between September 2024 and October 2024 decreased by 11.3%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $391,134.

From Rocket Homes Real Estate and based on county public records data.

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