2 months on rocket

502 16th Ave E, Palmetto, FL, 34221

$799,900

Home List Price

$9,499*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,957 SqFt
$409/SqFt
House

Location

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502 16th Ave E, Palmetto$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Garage Door Opener
Attached Garage2 spaces
Year Built2021
HeatingCentral, Electric, Natural Gas
CoolingCentral Air
WaterfrontCanal
ViewWater
MLS #A4622113
Lot Size0.15 Acres
StatusActive

About 502 16th Ave E

One or more photo(s) has been virtually staged. Pride of ownership is exhibited in this luxurious waterfront home in the exclusive boater’s community of Sanctuary Cove. At the end of a cul-de-sac, you will instantly notice this home's beautiful curb appeal with its paved driveway, lush tropical landscaping and barrel tile roof. Walking in through the designer glass front door you immediately notice the spectacular water view in the back of the living area! This stunning open-concept modern two-bedroom, 2.5 bath split floor plan plus den and office is absolutely gorgeous. Just off the foyer is the flex room, a great space to use as a home office/den, exercise room and can easily be enclosed to make a third bedroom. The tray ceiling in this room gives it an even grander feel. Just past the flex room is a convenient half bath for guests. The hallway beyond the foyer leads you to the luxurious open kitchen that overlooks the huge great room. The modern chef's kitchen includes 42-inch ivory cabinets, beautiful subway tile backsplash, under-cabinet lighting, quartz countertops, gas cooktop range, stainless steel hood, GE profile stainless steel appliances including double wall oven, recessed LED lighting, large walk-in pantry with ventilated wood shelving, counter height island with sink and which provides additional seating. The kitchen opens to a spacious great room with dining and living area all flowing together, with an abundance of natural light and stunning water views, making it the ideal space for hosting and entertaining. Just off the great room is the primary bedroom, which includes tray ceiling and glass inset door that leads you to the lanai. Your luxurious en-suite bath includes large frameless glass walk-in shower with rainfall shower head, built-in bench, floor-to-ceiling tile, dual sinks with quartz countertops, private toilet room and large walk-in custom-built closet. A hallway just off the kitchen leads to a guest bedroom and full bath with quartz countertops that feature a pocket door leading to the bedroom. The laundry room is also just off this hallway and includes Samsung washer and dryer, linen closet, plus built-in cabinets to store all your laundry and cleaning supplies. A handy drop zone/mini office area is also in the hallway just outside the laundry room and includes cabinets, drawers and quartz countertops. Triple sliders just off the great room lead you to your slice of paradise, the covered lanai with sweeping panoramic screen for unobstructed water views, which is ideal for the outdoor lifestyle. The backyard offers plenty of space to add a pool or to let your pets run around, plus the opportunity to add a private dock and boat lift, making it convenient for water enthusiasts to indulge and explore the open waters. Other upgrades include hurricane impact-resistant window and doors throughout, 8-foot shaker-style interior doors, tall modern baseboards, ceiling fans with lights, Ring doorbell camera, epoxy floors in garage, gas water heater, and myQ Wi-Fi garage door opener. No flood insurance required. Sanctuary Cove is a desirable resort-style, maintenance-free community with a beautiful clubhouse with game room, community pool, spa, full kitchen and meeting room that you can reserve for private events. Along the shoreline of the Manatee River with easy access to the gulf. The private beach offers a launch area and storage for kayaks, fishing sites, picnic patio and grills to entertain your out-of-town guests.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 2021
  • Stories: 1
  • Living Area: 1,957 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 383-2500
  • Listing Agent: Nathan Mathers

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Water
  • Exterior: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Covered, Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, City Lot, Landscaped, Level, Sidewalk, Dead End Street, Paved, Private
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-75 go West on US301 South, Turn left onto Sanctuary Cove Way, at the stop sign turn right onto 16th Ave E. to guard gate, go straight to the end of the cul-de-sac, last home on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $409/SqFt

HOA Fees:

  • Amount: $358
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $987
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$391.1K

Med. Price/SqFt

$218

Avg. Days On Market

64

# of Sold Homes

55

502 16th Ave E vs Palmetto

72 DAYS ON ROCKET

+8 Days

$799,900

+$408.7K More

$409/SqFt

+$191 More

KEY TAKEAWAY

This property is $408.7K more than the Median Sold Price and $191/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: #A4622113

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 383-2500
  • Listing Agent: Nathan Mathers

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: 11/15/2024, 12:19:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2021Home Sold
$447,700
Sep 21, 2020Home Sold
$4,586,800

Tax History

YEARPROP. TAXASSESSMENT
2020$987$90,000
2018$444$22,000
2017$444$22,000

History based on county public records data.

Payment Calculator

$4,179

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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-351482
1
/10
  • Manatee Elementary School

  • 1609 6th Ave E

  • 1.43 miles

  • Public Magnet Grades PK-5

school-card-donut-351483
7
/10
  • James Tillman Elementary School

  • 1415 29th St E

  • 1.63 miles

  • Public Magnet Grades PK-5

school-card-donut-351484
5
/10
  • Blackburn Elementary School

  • 3904 17th St E

  • 1.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,729. Most Palmetto, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 16th Ave E

What is the listing price of this property?

The listing price of 502 16th Ave E property is $799,900.

What type of property is this?

The property 502 16th Ave E is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 502 16th 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 $987 (source: MLS/based on county public records data).

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

The last sale was on April 1, 2021 for $447,700. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 16th Ave E has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 502 16th Ave E is 1,957 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 16th Ave E is 2021.

Rocket Homes›Florida›Manatee County›Palmetto›34221›502 16th Ave E

This home is located at 502 16th Ave E in Palmetto, FL and zip code 34221. This 1,957 square foot home, which was built in 2021, sits on a 0.15 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $799,900.

While more than 6 listings in Palmetto, FL in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and 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%. Listings spent 64 days on the market in October 2024, and had a median list price of $391,134 during the same period.

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

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