tomo logo

$310,000

Beds
3
Baths
2.0
sq ft
1,297

3811 5th Ave W, Palmetto, FL 34221

3811 5th Ave W

PALMETTO, FL 34221

  • Pending
    • Price drop $9,000↓
Under contract-accepting backup offers. Fantastic Opportunity in the Waterfront Community of Palmetto Point! Nestled in the highly desirable Palmetto Point waterfront community, this 3-bedroom, 2-bathroom home offers incredible potential for buyers looking to personalize their space. With 1,297 square feet of living area and a split floor plan, this home is designed for both functionality and flexibility. The open-concept living and dining areas provide a welcoming atmosphere, while the kitchen features granite countertops and newer appliances. Vaulted ceilings enhance the spacious feel, and the primary suite includes a walk-in closet for added convenience. Two additional bedrooms offer versatility, perfect for family, guests, or a home office. Valuable updates include impact windows (2022) for energy efficiency and storm protection, a durable metal roof (2017), and an updated HVAC system (2019) with a tankless water heater. The oversized garage offers even more storage with a spacious attic and features an epoxy-coated floor, washer/dryer hookups, and a side entry door. Need space for your boat or RV? This property includes extra parking, making it an ideal choice for outdoor enthusiasts. Located in Palmetto Point, a waterfront community with no HOA or deed restrictions, residents have the option to join the Palmetto Point Civic Association, which provides access to a private boat ramp, park, and dog park—perfect for enjoying Terra Ceia Bay and breathtaking sunsets. Conveniently situated near I-275 and I-75, this home allows for quick commutes to St. Petersburg, Tampa, Sarasota, and downtown Bradenton, as well as easy access to shopping, dining, and beautiful Gulf beaches. With a prime location, key updates, and ample storage, this home is a fantastic opportunity to create your dream space. Don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$368,006

Lot size

8,059 sq ft

Price per sq ft

$240

Year built

1991

Annual property taxes

$2,629

HOA

No

Price History

03/24/2025
StellarMLS

StellarMLS #A4630446

Pending
$310,000
03/13/2025
StellarMLS

StellarMLS #A4630446

Price change
$310,000
-2.82%
02/23/2025
StellarMLS

StellarMLS #A4630446

Price change
$319,000
-1.85%

Schools & Community

Elementary school: 

Palm View Elementary

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Flagstar Bank Fsb

Loan start date

February 2022

Original loan amount

$234,000

Est. remaining balance

$218,575

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Terrence Jeffrey Butyter and Elizabeth Gayle Butyter

Lender

Foundation Mortgage Corp

Loan start date

February 2020

Original loan amount

$230,748

Est. remaining balance

$207,397

Interest rate

3.74%

Loan type

FHA, 30 year

Seller

Terrence Jeffrey Butyter and Elizabeth Gayle Butyter

Lender

Fairway Funding Group Inc

Loan start date

September 2018

Original loan amount

$223,100

Est. remaining balance

$196,891

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Terrence Jeffrey Butyter and Elizabeth Gayle Butyter

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 04/04/2025 at 5:10 AM

Listing updated: 03/24/2025 at 6:19 PM

Listed by: Jennifer Flores, PLLC, LESLIE WELLS REALTY, INC. Phone #: (941) 776-5571

MLS: StellarMLS #A4630446

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