5403 Palmetto Point Drive, Palmetto, FL 34221

$900,000
3
BD
3
BA
2,468
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$900,000
List Price
$915,000
Closing Date
Jul 03, 2026
MLS#
A4684594
Type
Single Family Residential
Property Style
Single Family
Bedrooms
3
Bathrooms
3
Living Area
2,468
Lot Size
14,013
Subdivision
Palmetto Skyway
Year Built
1959

Property 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 furnished and 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 Café 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 Florida’s 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.

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Stucco
Style
One Story
Interior
Ceiling Fans(s), Open Floorplan, Thermostat
Interior Features
Ceiling Fans(s), Open Floorplan, Thermostat
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Exterior
Lighting, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Roof
Shingle
High School
Palmetto High
Elementary School
Palm View Elementary
Utilities
Electricity Connected, Sewer Connected, Water Connected
Fireplace
Yes
Floor
Carpet, Ceramic Tile, Luxury Vinyl
Heating
Central
Cooling
Central Air
Pool
Yes
Pool Type
Private
Water
Boatable Water
Frontage
Canal - Saltwater
Water View
Yes

Listing courtesy of COLDWELL BANKER REALTY. Selling Office: TIM LESTER INTERNAT'L REALTY.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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. Data last updated on