Eric Chery
$999,000$1,089,0004 bd3 ba2,581 sqft$387 /sqft$7,306 /mo all-in ↓

1802 5TH STREET E, PALMETTO, FL, 34221

Active98 days on marketListed Apr 17, 2026MLS #TB8498855

Reduced $90KPrivate poolSingle Family ResidenceSANCTUARY COVE

About this home

1802 5TH STREET E

Welcome to this COASTAL DREAM HOME with DEEDED BOAT SLIP & LIFT located in the highly sought-after gated WATERFRONT BOATING COMMUNITY of Sanctuary Cove, perfectly positioned along the Manatee River in a NON-FLOOD ZONE with direct access to the Gulf of America. Offering the most sought-after floor plan (BORETTO) 4 bedrooms, and 3 bathrooms, this smart home combines luxury finishes, thoughtful design, and true Florida waterfront living. From the moment you arrive, you’ll notice the elevated curb appeal with a tile roof, paver driveway, 8-foot glass front entry door, and screened front entry that invites in the coastal breeze, especially with no neighbors across the street, enhancing privacy and openness. Inside, the spacious open-concept layout features luxury vinyl plank flooring, tall ceilings, crown molding, plantation shutters, and premium paint throughout. Architectural details include a coffered living room ceiling, tray ceilings, and a stunning Florida-style pecky cypress wood accent feature that adds warmth and character. The chef’s kitchen is designed for entertaining with GE Profile stainless steel appliances, including a natural gas cooktop, double wall ovens, brand-new dishwasher, built-in refrigerator, quartz countertops, two-tone cabinetry (coastal gray and white island), upper cabinet lighting, and a custom beverage station with dual-zone wine storage. This desirable 3 -way split floor plan offers privacy for all. The primary suite is a luxurious retreat featuring a pecky cypress foyer, dual vanities, soaking Jacuzzi tub with jets, oversized walk-in shower with glass doors, marble basketweave flooring, and a spacious walk-in closet with custom California Closet systems. Three additional bedrooms are thoughtfully positioned, including a guest suite with its own bath and a flexible pool bath layout perfect for visitors and entertaining. The outdoor living space is truly exceptional. Step through the pocket sliding doors into your private screened lanai featuring a heated pool, oversized spa with fountain feature, and a ELEVATED outdoor kitchen with fantasy brown leather granite countertops. This space is ideal for year-round entertaining and Florida sunshine living. Additional upgrades include a spacious 3-car garage with custom built-in cabinetry, Samsung washer and dryer in a large laundry room with quartz folding counters, built-in storage, and a utility sink. Smart home features include WiFi-enabled lighting, outlets, switches, a Honeywell smart thermostat, built-in security system, and a smart video doorbell. This home also includes DEEDED BOAT SLIP #29 in the community marina, complete with water and electric, and a boat lift accommodating vessels up to 31 feet, offering direct deepwater access to the Gulf of America. Sanctuary Cove delivers an unmatched resort lifestyle with amenities including a beautiful clubhouse, heated pool and spa, fitness center, marina, beach and nature preserve, and vibrant community events such as holiday golf cart parades and seasonal gatherings. Lawn maintenance, trimming, and irrigation services are included for easy living. Conveniently located just minutes from I-75 and I-275, this home provides easy access to St. Petersburg, Tampa, Bradenton, and Sarasota, as well as nearby shopping and dining, including the FAMOUS Detwiler’s Market. This is more than a home. It’s a WATERFRONT LIFESTYLE. Luxury, location, and boating convenience all come together in one extraordinary property.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,581

Sqft

0.24 ac

Lot size

3

Garage

2019

Year built

One

Levels

$387

Per sqft

Private poolWater viewPets allowed

Inside

FlooringCarpet · Ceramic Tile · Luxury Vinyl
AppliancesBar Fridge · Built-In Oven · Cooktop · Dishwasher · Disposal · Microwave · Range Hood · Refrigerator · Tankless Water Heater · Wine Refrigerator
InteriorBuilt-in Features · Ceiling Fan(s) · Coffered Ceiling(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · In Wall Pest System · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Tray Ceiling(s) · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofTile
ConstructionBlock
FoundationSlab
ViewWater
FacesSouth
ExteriorIrrigation System · Outdoor Grill · Outdoor Kitchen · Sliding Doors

Community & fees

HOA fee$273/mo
Taxes (2025)$13,299/yr
PetsYes
CommunityMarina · Waterfront · Buyer Approval Required · Clubhouse · Deed Restrictions · Fitness Center · Gated Community - No Guard · Pool

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Natural Gas Connected · Public · Sewer Connected · Street Lights · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$7,306 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property tax — 2025 actual bill$1,108
HOA fee — from the listing$273
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $99,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $99,900
Interest rate6.00%
Loan term

Estimated payment

$7,306/mo

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property taxes (actual bill)$1,108
HOA / condo fee$273
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.

List $999K
$701KedgeAI estimate $809,960 · range $730K$910K$1.0M

vs edgeAI estimate

+23.3%

$/sqft vs SANCTUARY COVE

$387 vs $358

Days on market

98 vs 55 typical

Where $387/sqft sits among the 7 homes for sale in SANCTUARY COVE

4
0 · this home
1
1
0
1
$307–366$366–426$426–485$485–545$545–604$604+

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

Map of 1802 5TH STREET E

Drive times from this address

Downtown Tampa47 min
Tampa Int’l Airport (TPA)52 min

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

ElementaryJames Tillman Elementary Magnet School★★★★★
HighPalmetto High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Palmetto market

Seller’s marketBalanced5.7 months of inventoryBuyer’s market

$359K$361K

Palmetto median sold, yr/yr

97.2%

Sale-to-list ratio (12 mo)

4 of 7

SANCTUARY COVE have cut their price

Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 174% above the PALMETTO 34221 median. See the full Palmetto market guide →

Paper trail

This home's history

CurrentPrice reduced to $999,000 $90K
Apr 17, 2026Listed at $1,089,000 · 98 days on market since
2019Built · SANCTUARY COVE

Reality check

What actually sold near 1802 5TH STREET E

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1805 7TH ST ESold · Oct ’25

$1,010,000

1805 7TH ST E · same community

4 bd · 3 ba · 2,644 sqft · $382/sqft · 168 DOM

2318 5TH STREET ESold · Feb ’26

$620,000

2318 5TH STREET E · same community

3 bd · 3.5 ba · 2,507 sqft · $247/sqft · 176 DOM

1709 8TH STREET ESold · Apr ’26

$750,000

1709 8TH STREET E · same community

4 bd · 4.5 ba · 2,804 sqft · $267/sqft · 50 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.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1802 5TH STREET E — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1802 5TH STREET 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.

Goes straight to Eric’s phone and CRM.

Straight answers

1802 5TH STREET E FAQs

What would the monthly payment be for 1802 5TH STREET E?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,306/mo — principal and interest, the actual property-tax bill, the $273/mo association fee 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.

How much are the HOA fees at 1802 5TH STREET E?+

The association fee works out to $273 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1802 5TH STREET E?+

The most recent tax bill on record (2025) was $13,299. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1802 5TH STREET E?+

The listing reports pets: Yes. 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 $999,000, this home is listed about 150% above the Palmetto median of $399,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1802 5TH STREET 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

01Positioned at the premium end

$999,000 runs 174% above the PALMETTO 34221 median — but at 2,581 sqft it's also 36% larger than the typical Palmetto listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03The price has already moved

Listed at $1,089,000, now $999,000 — a $90K cut. The full history is in the market section below.

Listing courtesy of HARRIS REAL ESTATE AND INVESTMENTS · Bruce Harris. MLS #TB8498855.

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.

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