$9,499

closing credit¹

502 16th Ave E Palmetto, FL 34221

$799,900
2 beds
2 full, 1 partial
1,957 sqft
0.1 acres
$409 / sqft
House

Property details

About 502 16th Ave E

One or more photo(s) has been virtually staged. Pride of ownership is exhibited in this luxurious waterfront home in the exclusive boater’s community of Sanctuary Cove. At the end of a cul-de-sac, you will instantly notice this home's beautiful curb appeal with its paved driveway, lush tropical landscaping and barrel tile roof. Walking in through the designer glass front door you immediately notice the spectacular water view in the back of the living area! This stunning open-concept modern two-bedroom, 2.5 bath split floor plan plus den and office is absolutely gorgeous. Just off the foyer is the flex room, a great space to use as a home office/den, exercise room and can easily be enclosed to make a third bedroom. The tray ceiling in this room gives it an even grander feel. Just past the flex room is a convenient half bath for guests. The hallway beyond the foyer leads you to the luxurious open kitchen that overlooks the huge great room. The modern chef's kitchen includes 42-inch ivory cabinets, beautiful subway tile backsplash, under-cabinet lighting, quartz countertops, gas cooktop range, stainless steel hood, GE profile stainless steel appliances including double wall oven, recessed LED lighting, large walk-in pantry with ventilated wood shelving, counter height island with sink and which provides additional seating. The kitchen opens to a spacious great room with dining and living area all flowing together, with an abundance of natural light and stunning water views, making it the ideal space for hosting and entertaining. Just off the great room is the primary bedroom, which includes tray ceiling and glass inset door that leads you to the lanai. Your luxurious en-suite bath includes large frameless glass walk-in shower with rainfall shower head, built-in bench, floor-to-ceiling tile, dual sinks with quartz countertops, private toilet room and large walk-in custom-built closet. A hallway just off the kitchen leads to a guest bedroom and full bath with quartz countertops that feature a pocket door leading to the bedroom. The laundry room is also just off this hallway and includes Samsung washer and dryer, linen closet, plus built-in cabinets to store all your laundry and cleaning supplies. A handy drop zone/mini office area is also in the hallway just outside the laundry room and includes cabinets, drawers and quartz countertops. Triple sliders just off the great room lead you to your slice of paradise, the covered lanai with sweeping panoramic screen for unobstructed water views, which is ideal for the outdoor lifestyle. The backyard offers plenty of space to add a pool or to let your pets run around, plus the opportunity to add a private dock and boat lift, making it convenient for water enthusiasts to indulge and explore the open waters. Other upgrades include hurricane impact-resistant window and doors throughout, 8-foot shaker-style interior doors, tall modern baseboards, ceiling fans with lights, Ring doorbell camera, epoxy floors in garage, gas water heater, and myQ Wi-Fi garage door opener. No flood insurance required. Sanctuary Cove is a desirable resort-style, maintenance-free community with a beautiful clubhouse with game room, community pool, spa, full kitchen and meeting room that you can reserve for private events. Along the shoreline of the Manatee River with easy access to the gulf. The private beach offers a launch area and storage for kayaks, fishing sites, picnic patio and grills to entertain your out-of-town guests.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Natural Gas
StatusActive
CoolingCentral Air
Size1,957 sqft
Lot size0.15 Acres
Year built2021
ParkingCovered, Driveway, Garage Door Opener
MLS #A4622113
Attached garage2 spaces
WaterfrontCanal
ViewWater

Summary

  • MLS Number: A4622113
  • MLS Name: MFRMLS
  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 383-2500
  • Listing Agent: Nathan Mathers

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 10:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$799,900

502 16th Ave E

$9,499

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 01, 2021
Home Sold
$447,700
Sep 21, 2020
Home Sold
$4,586,800

Tax history

YearAssessmentProperty Tax
2020$90,000$987
2018$22,000$444
2017$22,000$444

History based on county public records data.

Nearby schools

1

Manatee Elementary School

Public Magnet PK-5

1.4 mi

1609 6th Ave E

7

James Tillman Elementary School

Public Magnet PK-5

1.6 mi

1415 29th St E

5

Blackburn Elementary School

Public District PK-5

1.7 mi

3904 17th St E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,729. Typical income of Palmetto, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

33%
<35k
56%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 16th Ave E

This home is located at 502 16th Ave E in Palmetto, FL and zip code 34221. This 1,957 square foot home, which was built in 2021, sits on a 0.15 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $799,900.

Over 9 listings were sold over their listed price in December 2024 in Palmetto, FL. In the same period over 50 listings were sold below the listed price and 36 listings were sold for the listed price. In December 2024 in Palmetto, FL there were 0.8% less homes for sale than in November. In December 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $386,245.

From Rocket Homes Real Estate and based on county public records data.

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