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$799,000

502 16TH AVE E AVENUE E, PALMETTO, FL 34221

3D Tour
Active16 days on market

Beds

3

Baths

3

Sq Ft

1,957 sq ft

Year Built

2021

Lot Size

0.15 acres

Garage

2

About This Property

Virtually Staged. Welcome to the ultimate Florida waterfront lifestyle. Tucked away on a quiet cul-de-sac in a private marina enclave in Palmetto, this exceptional 3-bedroom, 2.5-bathroom canal home effortlessly blends sleek, modern design with a boater's dream layout. Spanning 1,957 square feet of meticulously planned, single-level living, the residence makes a striking first impression with its crisp, light contemporary facade and beautifully manicured tropical landscaping. Step past the wide paved driveway to the secure front entry, where a premium impact-resistant glass door welcomes you inside while ensuring peace of mind. Built with durability and safety at the forefront, this hurricane-ready home features full impact-rated doors and windows throughout, providing superior storm protection, energy efficiency, and security without compromising on aesthetic appeal. Inside, the home opens into a bright, airy open-concept space defined by soaring volume ceilings, elegant tray details, and modern recessed lighting. The expansive main living area flows naturally into a gourmet kitchen featuring crisp light countertops, high-end finishes, and a massive walk-in pantry that provides exceptional storage. The thoughtful layout includes a split-bedroom design, anchored by a massive primary bedroom suite that serves as a true private retreat. The connected primary bathroom features a luxurious walk-in shower and leads into an oversized walk-in closet with ample room for any wardrobe. Out back, the property opens directly onto your personal piece of the canal. With private water access to the Manatee River just steps away, early morning fishing trips or sunset cruises are a daily reality. The backyard offers a massive, blank-canvas footprint that serves as the perfect setup for the future—giving you the ideal foundation to design and add your own custom pool, screened cage, or outdoor kitchen exactly the way you want it. Complete with a pristine two-car garage, this property represents the peak of modern Gulf Coast luxury with room to grow.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4707075
StatusActive
Year Built2021
Total Rooms6
ConstructionBlock, Stucco
RoofConcrete, Tile
FoundationSlab
FacesWest
SubdivisionSANCTUARY COVE
CountyManatee
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), High Ceilings, In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
FlooringCarpet, Tile
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Range Hood, Tankless Water Heater
LaundryLaundry Room
WindowsDouble Pane Windows, Storm Window(s)
CoolingCentral Air
HeatingCentral, Electric
SecurityGated Community, Smoke Detector(s)

Exterior & Lot

ExteriorIrrigation System, Rain Gutters, Sliding Doors
Lot Size0.15 acres (6,500 sq ft)
Lot Dimensions50 x 130
Lot FeaturesCul-De-Sac, Near Marina, Sidewalk
Road SurfacePaved, Asphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesCanal - Freshwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesNatural Gas Connected, Other, Public, Underground Utilities

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$325 / Quarterly
Senior CommunityNo

Financial Details

List Price$799,000
Annual Taxes$9,627 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningPDMU
Parcel #1015734409

Schools

ElementaryJames Tillman Elementary
MiddleLincoln Middle
HighPalmetto High

Directions

From I-75 head west on US-301 S., Turn left onto Sanctuary Cove Way, at the stop sign turn right onto 16th Ave E. The last home on the left before the cul-de-sac.

Location

502 16TH AVE E AVENUE E, PALMETTO, FL 34221

Listing Information

OfficeALBERT WOOSTER & COMPANY
ListedOctober 1, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$799,000

20% ($159,800)
6.75%

Loan Term

Principal & Interest$4,146
Property Tax (est.)$732
Insurance (est.)$150
Total Monthly$5,028
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $799,000 home in PALMETTO.

🏛️

FHA Loan

$27,965 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$39,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 17, 2026.

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