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For sale
  • Price cut: $90K (8/14)
    $1,590,000

    5531 2nd Avenue Cir W, Palmetto, FL 34221

    4beds
    3,194sqft
    : 
    Single Family Residence
    Built in 2014
    0.29 Acres Lot
    $1,535,500 Zestimate®
    $498/sqft
    $500/mo HOA

    What's special

    Private balconyPrivate deckGenerously sized islandGranite hearthGranite countertopsMetal roofingTrex composite decking
    Experience breathtaking sunsets every evening from your custom-built, modern Key West-style waterfront home in the exclusive, gated community of Terra Ceia Bay Estates, featuring only ten residences. Arrive by boat via Tampa Bay's open waters to your private 90-foot dock with a 10,000 pound boat lift, or park in your expansive five-car garage equipped with ample storage. An elevator conveniently takes you to any of the home’s three levels. The mid-level main entrance welcomes you to an open-concept living area with stunning 180° water views, showcased through disappearing four-panel pocket sliding glass doors. The living room boasts a spacious wood-burning fireplace with a custom wood mantle, granite hearth, and built-ins, all beneath soaring 10-foot coffered ceilings with in-ceiling Bose surround sound speakers. These high ceilings continue throughout the home, complemented by ¾-inch solid Acacia hand-scraped hardwood floors, along with marble and travertine tile accents in the kitchen and bathrooms. The gourmet kitchen is a chef’s dream, offering a large walk-in pantry, granite countertops, under-cabinet and valance lighting, a touchless Kohler faucet, a generously sized island with bar seating, and a breakfast nook perfect for entertaining. It’s outfitted with high-end appliances, including a double oven, a five-burner low-profile electric cooktop, and a microwave drawer—ideal for hosting gatherings or preparing meals for family and friends. Adjacent is a formal dining room with crown molding and its own private balcony. On the third floor, the primary suite serves as a luxurious retreat, featuring a tray ceiling, a mirrored dressing area, and glass French doors leading to a private deck. A spiral staircase ascends to a crow’s nest, 40 feet above ground, where you can enjoy sunsets with panoramic views of the bay and Skyway Bridge. The ensuite bathroom offers heated travertine floors, a double vanity with granite countertops, a 12-jet Jacuzzi tub with an inline whirlpool heater, and an oversized walk-in shower with dual rainheads, four body sprays, and a shower wand. A nearby laundry room adds convenience, while an additional bedroom on this level includes a private bath with mosaic tile accents and a spacious wardrobe closet. Additional features of the home include solid core 8-foot interior doors, whole-house dimmable LED lighting, ceiling fans throughout, metal roofing, vinyl siding, Icynene attic spray foam insulation, a security system, PGT hurricane-rated impact windows and doors, see-through cable railing, and Trex composite decking. Outdoor amenities include dock lighting, a remote GEM boat lift controller, a 50A/30A shore power tower, and an in-ground sprinkler system. The home is located just 25 minutes from downtown St. Petersburg, 35 minutes from Tampa International Airport, and 20 minutes from University Mall. The HOA fee of $500/month covers community pool access, lawn and shrub maintenance, fertilization, and irrigation water.
    241 days
    on Zillow
    |
    522
    |
    35
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 27, 2025 at 07:23am

    Listing Provided by:

    Tim Lester 941-981-5388,

    TIM LESTER INTERNAT'L REALTY 941-981-5388

    Source: Stellar MLS,MLS#: A4633131MLS LogoOriginating MLS: Sarasota - Manatee

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5531 2nd Avenue Cir W.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Breakfast Room Separate, Great Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Third
    • Area: 288 Square Feet
    • Dimensions: 16x18
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    • Area: 195 Square Feet
    • Dimensions: 13x15
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: Third
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Primary bathroom
    • Level: Third
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Bathroom 1
    • Level: Second
    • Area: 40 Square Feet
    • Dimensions: 5x8
    Bathroom 2
    • Level: Third
    • Area: 72 Square Feet
    • Dimensions: 8x9
    Dining room
    • Level: Second
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Foyer
    • Level: Second
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Great room
    • Level: Second
    • Area: 315 Square Feet
    • Dimensions: 15x21
    Kitchen
    • Level: Second
    • Area: 234 Square Feet
    • Dimensions: 13x18
    Laundry
    • Level: Third
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile, Marble, Travertine, Hardwood
    • Doors: French Doors, Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 5,979
    • Total interior livable area: 3,194 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Driveway, Guest, Oversized
    • Attached garage spaces: 5
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 34x26
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Exterior features: Irrigation System, Lighting, Rain Barrel/Cistern(s), Rain Gutters
    • Has view: Yes
    • View description: Water, Bay/Harbor - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full
    • Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Bridges - No Fixed Bridges, Lift, No Wake Zone
    • Body of water: TERRA CEIA BAY
    Lot
    • Size: 0.29 Acres
    • Features: FloodZone, In County, Irregular Lot, Unincorporated
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2233110457
    • Zoning: PDRCH
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Key West
    • Property subtype: Single Family Residence
    Materials
    • Block, Vinyl Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Completed
    • New construction: No
    • Year built: 2014

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Fishing, Water Access, Waterfront, Deed Restrictions, Gated Community - No Guard, Pool
    • Security: Gated Community
    • Subdivision: TERRA CEIA BAY ESTATES
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Pool
    • Services included: Common Area Taxes, Community Pool, Reserve Fund, Maintenance Grounds, Pool Maintenance, Private Road
    • HOA fee: $500 monthly
    • HOA name: Rob Munns
    • HOA phone: 727-515-8457
    • Pet fee: $0 monthly
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $498/sqft
    • Tax assessed value: $1,576,026
    • Annual tax amount: $13,413
    • Date on market: 12/30/2024
    • Cumulative days on market: 241 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved
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