1702 4th STREET E, Palmetto, FL, 34221 | $1,699,000

One or more photo(s) has been virtually staged. Discover waterfront bliss in this pristine, recently constructed sanctuary nestled within an exclusive gated boating community. This exquisite residence offers an ideal blend of elegance and functionality, featuring 3 bedrooms plus a versatile bonus room and a spacious office/den, all overlooking serene water views.

Crafted for discerning tastes, the home is outfitted with a premier security system and top-tier hurricane impact windows and doors, ensuring both security and tranquility. Excitedly enough, this waterfront home remained completely untouched by Hurricane Helene, allowing you to enjoy the luxurious coastal lifestyle with absolute peace of mind.

With 107 feet of prime waterfrontage, this residence is poised for a private dock on a sheltered lagoon — perfect for launching aquatic adventures with ease and security.

Inside, an expansive floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space bathed in natural light and coastal breezes. Blinds and shades have been installed throughout so you can easily adjust the natural ambiance to your desires. Entertain effortlessly with seamless indoor-outdoor flow onto the screened lanai, accessible via expansive corner-sliding glass doors. The outdoor oasis boasts a custom-designed pool and spa, offering a luxurious retreat with every dip.

The gourmet kitchen is a chef's dream, featuring quartz countertops, dual-stacked cabinets, and state-of-the-art stainless steel appliances. Retreat to the master suite, a private haven complete with lanai access, and a spa-like en-suite bath featuring a spacious shower, soaking tub, and dual vanities.

Situated within the prestigious Sanctuary Cove, within the reserve section of Waters Edge, residents enjoy exclusive access to boating routes leading to the Manatee River, Sarasota Bay, and the Gulf of Mexico. Community amenities abound, including a gated entrance, clubhouse, fitness center, pool, sand park, and marina.

Conveniently located near major airports, world-class beaches, and upscale shopping destinations, this waterfront retreat offers the ultimate in luxury living and convenience. Experience the epitome of coastal elegance in a home designed to exceed every expectation.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2023
  • Garage: 3-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,004
  • Acreage: 0.32
  • Est. Taxes: $5,792
  • HOA Fee: $1,083 Annually
  • Lot Desc: City Lot, Landscaped, Near Marina, Sidewalk, Street Dead-End
  • View: Water
  • Pool: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Tile
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • MLS#: TB8308319
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /eprop/TB8308319/17024thstreete_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/21/2024 1:17:08 PM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1702 4th STREET E, Palmetto, FL, 34221

$1,699,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,359,200 $1,359,200 $1,359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $483 $483 $483
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,703 $8,816 $11,934
Total Monthly Payment $9,311 $9,424 $12,542

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.