tomo logo

$929,900

Beds
3
Baths
2.5
sq ft
2,230

510 16th Ave E, Palmetto, FL 34221

510 16th Ave E

PALMETTO, FL 34221

  • <1 day on market
SEDUCTIVE SANCTUARY COVE! Welcome to your NEW, exceptional waterfront retreat in the prestigious, maintenance-free, GATED MARINA COMMUNITY of Sanctuary Cove. Built in April 2021 and standing resolutely near the end of a private CUL-DE-SAC this nearly new residence is a boater’s paradise and a haven for water enthusiasts, offering direct access to the Manatee River, Terra Ceia Bay, Tampa Bay, and the Gulf of Mexico. Traversing the threshold, you’ll find yourself instantly taken aback by the soaring ceilings and expansive great room floor plan boasting sweeping views from stem to stern, allowing you to transition seamlessly onto your colossal panoramic screened-in lanai where you can sit whilst taking in the cool morning breeze, sipping on your favorite brew overlooking the glistening waters and sunrise to the East. For the remainder of the day, your home enjoys the shade afforded to it by your West to East positioning. After finishing your morning coffee you can abscond in a seaworthy vessel, up to 30ft in length, that will be conveniently located BEHIND YOUR HOME on your PRIVATE DOCK that plays host to a 10,000-boat lift!!! After a day of cruising the pristine waters of The Florida Gulf Coast, you get to come home to a sprawling 2,250 sq. ft. of refined living space. The San Remo model offers you and yours a charming split-bedroom floor plan, allowing residents and guests to take solace in having their own place of solitude. Too, it shares space with a formal dining room and is rounded out by a true “chef’s kitchen” nestled in the heart of the home overlooking the voluminous great room and four-panel glass sliders seamlessly extend the indoor living space onto the lanai. Did we mention the chef of the home will certainly not go wanting as your kitchen overflows with upgrades consistent with the overall theme of your new home, from GE Profile appliances, a gas cooktop with vented hood, convection wall oven, microwave, refrigerator, and wine refrigerator, and copious amounts of storage by way of tasteful cabinetry and closet pantries… what else could one want for? Other notable features that certainly won’t go overlooked or unappreciated include high ceilings enhanced with crown molding and trays, floors adorned with attractive wood look tile… and NOT ONE STITCH OF CARPETING throughout the entirety of the home. For those who fancy themselves “tech-savvy,” you can take advantage of the smart home technology included in the sale, from the Ring doorbell, and coded front door lock, to the Honeywell Wi-Fi thermostats, and a MyQ smart garage door opener; it’s about as “plug and play” as one could get. Lastly and certainly not of least importance hurricane-rated impact windows and in-wall pest treatment systems provide security and peace of mind when needed. We would be remiss if we failed to call attention to the PLETHORA OF AMENITIES afforded to you by Sanctuary Cove. Owners and guests can take advantage of exclusive access to an 8,600 sq. ft. clubhouse, featuring a state-of-the-art fitness center, billiards room, TV lounge, kitchen, and a luxurious heated pool with lap lanes and hot tub. Serving as icing on the proverbial cake, your new home truly flaunts a location that SCREAMS “convenience”. One can walk, in seconds, to Detwiler’s Farm Market, Walmart, Aldi's, and a slew of other local shops and eateries! DO NOT ALLOW THIS ONE TO SAIL OFF INTO THE SUNSET WITHOUT YOU! CALL TODAY TO SCHEDULE YOUR PRIVATE TOUR! (MATTERPORT 3D TOUR AVAILABLE)

Details

Property type

Single Family Residence

Lot size

6,499 sq ft

Price per sq ft

$417

Year built

2021

Annual property taxes

$12,034.84

Monthly HOA fee

$131

Price History

03/21/2025
StellarMLS

StellarMLS #A4645121

Listed
$929,900
-13.17%
06/04/2024
StellarMLS

StellarMLS #T3523022

Removed
$1,071,000
05/09/2024
StellarMLS

StellarMLS #T3523022

Listed
$1,071,000
-6.79%

Schools & Community

Elementary school: 

James Tillman Elementary

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

Negotiation Insights

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

Seller could get up to

$542,879
Asking price
$929,900
Closing costs (~8% of asking)
-$74,392
Est. remaining loan balance
-$312,629
Cash to seller
$542,879

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

January 2024

Original loan amount

$316,098

Est. remaining balance

$312,629

Interest rate

7.03%

Loan type

VA, 30 year

Seller

Francis L Dematto and Maria Dematto

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?

Status: Active

Tomo last checked: 03/21/2025 at 1:55 PM

Listing updated: 03/21/2025 at 7:49 AM

Listed by: Matthew Sharp, KELLER WILLIAMS ON THE WATER Phone #: (941) 729-7400

MLS: StellarMLS #A4645121

StellarMLS logo

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