One or more photo(s) has been virtually staged. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.
For sale
Price cut: $55K (7/8)
$495,000
1000 Riverside Dr APT B501, Palmetto, FL 34221
3beds
2,475sqft
Est.:
Condominium
Built in 1984
-- sqft lot
$-- Zestimate®
$200/sqft
$1,732/mo HOA
What's special
Corner penthouseManatee riverEnsuite bedroomRegatta point marinaElegant staircaseRiver viewsSweeping panoramic views
- 117 days
- on Zillow |
- 249 |
- 4 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 09:37am
Listing Provided by:
Gregory Zies, LLC 941-779-3081,
RE/MAX ALLIANCE GROUP 941-758-7777
Source: Stellar MLS,MLS#: A4649355
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 240 Square Feet
- Dimensions: 15x16
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 195 Square Feet
- Dimensions: 13x15
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Balcony porch lanai
- Level: Second
- Area: 684 Square Feet
- Dimensions: 18x38
Balcony porch lanai
- Level: First
- Area: 210 Square Feet
- Dimensions: 7x30
Dining room
- Features: No Closet
- Level: First
- Area: 208 Square Feet
- Dimensions: 13x16
Foyer
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Features: No Closet
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Laundry
- Level: First
- Area: 42 Square Feet
- Dimensions: 6x7
Living room
- Features: No Closet
- Level: First
- Area: 336 Square Feet
- Dimensions: 14x24
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Washer
- Laundry: Laundry Closet
Features
- Eating Space In Kitchen, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Concrete, Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,955
- Total interior livable area: 2,475 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Ground Level, Under Building
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Exterior features: Storage
- Has view: Yes
- View description: Water, Marina, River
- Has water view: Yes
- Water view: Water,Marina,River
- Body of water: MANATEE RIVER
Lot
- Size: 0.84 Acres
- Features: Level, Near Marina, Near Public Transit
Details
- Parcel number: 3122102100
- Zoning: CG
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
- Subdivision: REGATTA POINTE PH I
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $1,732 monthly
- HOA name: Dennis Parks
- HOA phone: 813-955-5885
- Pet fee: $0 monthly
Location
- Region: Palmetto
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $624,750
- Annual tax amount: $12,438
- Date on market: 4/21/2025
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
- Loading
- Loading