MOTIVATED SELLER! $36K PRICE IMPROVEMENT! Welcome to Sanctuary Cove, a stunning gated marina community nestled in Palmetto. Offering the ultimate in resort-style living, this community features a luxurious clubhouse, state-of-the-art gym, refreshing swimming pool, and a private beach. This exquisite 2022-built home boasts 3 bedrooms, 3.5 bathrooms, and a spacious den, all designed with exceptional craftsmanship and an abundance of natural light. From the moment you step inside, you’ll be captivated by the breathtaking sanctuary views and the privacy that comes with no rear neighbors. The home’s interior is highlighted by elegant ivory 42" cabinetry and sleek quartz countertops. High-end custom lighting graces the kitchen, den, and dining areas, adding a touch of sophistication. Equipped with premium GE Profile appliances, including a gas range, oversized refrigerator, and microwave, this home is built for both comfort and style. An open floor plan seamlessly connects the living spaces, creating the perfect environment for entertaining guests. The master suite offers the perfect retreat, with sweeping sanctuary views and a spa-like bathroom featuring dual vanity sinks and a luxurious double-head shower. Storage is never an issue with spacious closets throughout, including walk-ins in both guest bedrooms, each with its own en-suite bathroom. Additional features include a tankless water heater for efficiency and hurricane-impact windows throughout the home, providing both safety and energy efficiency, especially during Florida’s storm season. Conveniently located near Tamiami Trail, US-301, and I-75, you’re just minutes away from sandy beaches, shopping, dining, and the airport. This stunning Florida home offers affordable luxury and is ready for you to move in. Don’t miss your chance—this gem won’t last long!
Sold for $620,000
$620,000
2318 5th St E, Palmetto, FL 34221
3beds
2,507sqft
Single Family Residence
Built in 2022
8,194 Square Feet Lot
$616,500 Zestimate®
$247/sqft
$2,906 Estimated rent
Home value
$616,500
$580,000 - $660,000
$2,906/mo
Zestimate® history
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Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 11:10am
Listing Provided by:
Kenneth Gaydos 727-685-8600,
LPT REALTY, LLC. 877-366-2213,
Larry Fischer 727-300-6681,
LPT REALTY, LLC.
Bought with:
Therese Masseo, 3138842
FINE PROPERTIES
Source: Stellar MLS,MLS#: TB8412936
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 221 Square Feet
- Dimensions: 17x13
Bedroom 2
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 3
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 121 Square Feet
- Dimensions: 11x11
Primary bathroom
- Features: Dual Sinks, Multiple Shower Heads, Shower No Tub, Stone Counters, Linen Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 11x10
Den
- Level: First
Kitchen
- Features: Pantry, Exhaust Fan, Kitchen Island, Stone Counters
- Level: First
- Area: 198 Square Feet
- Dimensions: 18x11
Living room
- Level: First
- Area: 384 Square Feet
- Dimensions: 24x16
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Laundry: Laundry Room
Features
- High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile
- Windows: Blinds, Storm Window(s), Window Treatments, Hurricane Shutters/Windows
- Has fireplace: No
Interior area
- Total structure area: 8,194
- Total interior livable area: 2,507 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 8,194 sqft
- Features: Landscaped, Near Marina, Sidewalk
Details
- Parcel number: 1015737759
- Zoning: PDMU
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Gated Community
Community
- Community features: Marina, Water Access, Clubhouse, Fitness Center, Pool
Location
- Region: Palmetto
- Subdivision: SANCTUARY COVE
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $247 monthly
- Amenities included: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool
- Services included: Maintenance Grounds, Pool Maintenance
- Association name: Condominium Associates - Jennie Byram
- Association phone: 941-236-7701
- Second association name: C&S Comm Management Services Inc
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $620,000-4.5%$247/sqft |
Source:  Stellar MLS #TB8412936 Report a problem | ||
| 1/28/2026 | Pending sale | $649,000$259/sqft |
Source: Stellar MLS #TB8412936 Report a problem | ||
| 12/9/2025 | Price change | $649,000-5.3%$259/sqft |
Source: Stellar MLS #TB8412936 Report a problem | ||
| 10/28/2025 | Price change | $685,000-1.4%$273/sqft |
Source: Stellar MLS #TB8412936 Report a problem | ||
| 9/8/2025 | Price change | $695,000-4.1%$277/sqft |
Source: Stellar MLS #TB8412936 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,634 +22.2% | $620,804 +16.8% |
| 2023 | $10,336 +352.2% | $531,390 +590.1% |
| 2022 | $2,286 +63.4% | $77,000 +10% |
Find assessor info on the county website
Neighborhood: 34221
Nearby schools
GreatSchools rating
- 6/10James Tillman Elementary Magnet SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Buffalo Creek Middle SchoolGrades: 6-8Distance: 5.3 mi
- 2/10Palmetto High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: James Tillman Elementary
- Middle: Buffalo Creek Middle
- High: Palmetto High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$616,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$616,500
- Florida
- Manatee County
- Ellenton
- 34221
- 2318 5th St E