7518 117TH LANE E, PALMETTO, FL, 34221
Active235 days on marketListed Dec 2, 2025MLS #A4673832
About this home
7518 117TH LANE E
Turnkey Furnished, Brand new home!!! This new construction home is now available for the upcoming season! Let's set up a time to take a look and see the fabulous family home. Great location just 30 minutes from the beach! restaurants and grocery are nearby as well. Look no further than this property for the amenities like community pool, workout facility, pickleball courts and miles of walking trails. This is the perfect spot if you are waiting for your new home to be built or to just get a feel for the area if you are relocating!
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,156
Sqft
0.15 ac
Lot size
2
Garage
2025
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$182 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$182/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Palmetto actives
$1 vs $207
Days on market
235 vs 55 typical
Where $1/sqft sits among the 400 Palmetto actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palmetto
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
PALMETTO 34221 — neighborhood snapshot
Population
54,923
Median age
46.6
Median income
$74,314
Median home value
$298,200
Avg household
2.63
Households w/ children
4,466
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palmetto market
$359K → $361K
Palmetto median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
214 of 400
Palmetto actives have cut their price
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 7518 117TH LANE E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$388,990
11562 74TH CIRCLE E · same community
4 bd · 3 ba · 2,084 sqft · $187/sqft · 0 DOM
Sold · Apr ’26$450,000
9005 SANDY SHORES STREET
4 bd · 2.5 ba · 2,103 sqft · $214/sqft · 0 DOM
Sold · Oct ’25$655,000
10347 COASTAL SHORES DRIVE
2 bd · 2.5 ba · 2,087 sqft · $314/sqft · 14 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7518 117TH LANE E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7518 117TH LANE E — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
7518 117TH LANE E FAQs
What would the monthly payment be for 7518 117TH LANE E?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $182/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 7518 117TH LANE E?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palmetto?+
At $3,100, this home is listed about 99% below the Palmetto median of $399,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7518 117TH LANE E?+
James Tillman Elementary Magnet School (elementary), Palmetto High School (high) — Manatee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the PALMETTO 34221 market on paper
$3,100 is 99% below the PALMETTO 34221 median of $364,450, and at $1/sqft it sits under the Palmetto average of $234.
02Time on market is leverage
235 days on market against a Palmetto median of 55 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $4,000, now $3,100 — a $900 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Randy Huberty. MLS #A4673832.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Palmetto homes, in your inbox
Like 7518 117TH LANE E but not quite? A daily digest of every new listing in Palmetto — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Eric to ping you on any price or status change →