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5403 Palmetto Point Drive
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PRICED AT ONLY: $915,000

Address: 5403 Palmetto Point Drive, PALMETTO, FL 34221

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 furnishedand 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 Caf 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 Floridas 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 performance, and recent major upgrades.

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  • MLS#: A4684594 ( Residential )
  • Street Address: 5403 Palmetto Point Drive
  • Viewed: 9
  • Price: $915,000
  • Price sqft: $260
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 1959
  • Bldg sqft: 3513
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 13

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 furnishedand 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 Caf 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 Floridas 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 performance, and recent major upgrades.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
  • Fencing: Vinyl
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Living Area: 2468.00
  • Roof: Shingle
School Information
  • High School: Palmetto High
  • School Elementary: Palm View Elementary
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: In Ground, Screen Enclosure
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Country: US
  • Furnished: Turnkey
  • Interior Features: Ceiling Fans(s), Open Floorplan, Thermostat
  • Legal Description: LOT 3 PALMETTO SKYWAY SEC 1 PI#22064.0000/0
  • Levels: One
  • Area Major: 34221 - Palmetto/Rubonia
  • Occupant Type: Tenant
  • Parcel Number: 2206400000
  • Style: Florida
  • View: Water
  • Zoning Code: RSF4.5/C
Nearby Subdivisions
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