Chad Fonder, Listing Office: COLDWELL BANKER REALTY
$10,000
closing credit¹
5531 2nd Avenue Cir W Palmetto, FL 34221
Property details
About 5531 2nd Avenue Cir W
Experience breathtaking sunsets every evening from your custom-built, modern Key West-style waterfront home in the exclusive, gated community of Terra Ceia Bay Estates, featuring only ten residences. Arrive by boat via Tampa Bay's open waters to your private 90-foot dock with a 20,000-pound boat lift, or park in your expansive five-car garage equipped with ample storage. An elevator conveniently takes you to any of the home’s three levels. The mid-level main entrance welcomes you to an open-concept living area with stunning 180° water views, showcased through disappearing four-panel pocket sliding glass doors. The living room boasts a spacious wood-burning fireplace with a custom wood mantle, granite hearth, and built-ins, all beneath soaring 10-foot coffered ceilings with in-ceiling Bose surround sound speakers. These high ceilings continue throughout the home, complemented by ¾-inch solid Acacia hand-scraped hardwood floors, along with marble and travertine tile accents in the kitchen and bathrooms. The gourmet kitchen is a chef’s dream, offering a large walk-in pantry, granite countertops, under-cabinet and valance lighting, a touchless Kohler faucet, a generously sized island with bar seating, and a breakfast nook perfect for entertaining. It’s outfitted with high-end appliances, including a double oven, a five-burner low-profile electric cooktop, and a microwave drawer—ideal for hosting gatherings or preparing meals for family and friends. Adjacent is a formal dining room with crown molding and its own private balcony. On the third floor, the primary suite serves as a luxurious retreat, featuring a tray ceiling, a mirrored dressing area, and glass French doors leading to a private deck. A spiral staircase ascends to a crow’s nest, 40 feet above ground, where you can enjoy sunsets with panoramic views of the bay and Skyway Bridge. The ensuite bathroom offers heated travertine floors, a double vanity with granite countertops, a 12-jet Jacuzzi tub with an inline whirlpool heater, and an oversized walk-in shower with dual rainheads, four body sprays, and a shower wand. A nearby laundry room adds convenience, while an additional bedroom on this level includes a private bath with mosaic tile accents and a spacious wardrobe closet. Additional features of the home include solid core 8-foot interior doors, whole-house dimmable LED lighting, ceiling fans throughout, metal roofing, vinyl siding, Icynene attic spray foam insulation, a security system, PGT hurricane-rated impact windows and doors, see-through cable railing, and Trex composite decking. Outdoor amenities include dock lighting, a remote GEM boat lift controller, a 50A/30A shore power tower, and an in-ground sprinkler system. The home is located just 25 minutes from downtown St. Petersburg, 35 minutes from Tampa International Airport, and 20 minutes from University Mall. The HOA fee of $500/month covers community pool access, lawn and shrub maintenance, fertilization, and irrigation water.
Highlights
Summary
- MLS Number: A4633131
- MLS Name: MFRMLS
- Office Name: TIM LESTER INTERNAT'L REALTY
- Office Phone: (941) 981-5388
- Listing Agent: Tim Lester
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$1,955,400
5531 2nd Avenue Cir W
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 09, 2020 | Home Sold | $1,295,000 |
Feb 12, 2013 | Home Sold | $235,000 |
Aug 02, 2005 | Home Sold | $550,000 |
Dec 16, 1999 | Home Sold | $125,000 |
Dec 06, 1999 | Home Sold | $200,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $659,955 | $9,200 |
2018 | $641,401 | $9,408 |
2017 | $692,183 | $9,408 |
History based on county public records data.
Nearby schools
7
James Tillman Elementary School
Public Magnet PK-5
2.0 mi
•1415 29th St E
5
Palmetto Elementary School
Public District PK-5
3.1 mi
•1540 10th St W
5
Blackburn Elementary School
Public District PK-5
3.5 mi
•3904 17th St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,071. Most Palmetto, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5531 2nd Avenue Cir W
This home is located at 5531 2nd Avenue Cir W in Palmetto, FL and zip code 34221. This 3,194 square foot home, which was built in 2014, sits on a 0.29 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $1,955,400.
In December 2024, from all listings sold in Palmetto, FL there were more than 9 sold above asking price, over 50 sold below and more than 36 were sold right at the asked price. The number of homes for sale in Palmetto, FL decreased by 0.8% between November and December 2024. The median list price of listings available in December 2024 was $386,245, while the average time on the real estate market was 72 days.