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$310,000

Beds
3
Baths
2.0
sq ft
1,393

5635 Spanish Point Ct, Palmetto, FL 34221

5635 Spanish Point Ct

PALMETTO, FL 34221

  • 274 days on market
    • Price drop $10,000↓
PRICE ADJUSTMENT! Stunning Waterfront Villa – Now $310,000. Wake up to breathtaking water views and start your mornings with a cup of coffee on the lanai, where the gentle sounds of nature and visiting wildlife create a peaceful retreat. This move-in ready 3-bedroom, 2-bath villa in Spanish Point offers a serene waterfront setting, inviting you to unwind and take in Florida’s natural beauty right from your backyard. The sellers have loved adding their personal Tuscan-inspired charm, but now it’s your turn to make it your own! Whether you choose to embrace its warmth or bring your own vision to life, this villa is a versatile canvas for your style. Nestled in an intimate, maintenance-free community of just 48 villas, Spanish Point offers a relaxed and friendly atmosphere, complete with a sparkling pool and convenient location. New appliances add modern convenience, while the HOA covers roof maintenance, providing peace of mind for years to come. Located minutes from I-75, this home offers easy access to St. Pete/Tampa to the north and Sarasota to the south. Shopping, dining, and essentials like Publix and Ellenton Premium Outlets are just around the corner, while Florida’s world-famous beaches and entertainment options are always within reach. With no CDD fees and a newly adjusted price, this villa is the perfect opportunity to own a slice of paradise. Don’t miss your chance—schedule a showing today and start living the Florida dream!

Details

Property type

Townhouse

Est. home value

$311,431

Lot size

2,148 sq ft

Price per sq ft

$223

Year built

2003

Annual property taxes

$3,570

Monthly HOA fee

$475

Price History

04/03/2025
StellarMLS

StellarMLS #A4615649

Price change
$310,000
-3.13%
08/07/2024
StellarMLS

StellarMLS #A4615649

Price change
$320,000
-1.78%
07/04/2024
StellarMLS

StellarMLS #A4615649

Listed
$325,800
+6.82%

Schools & Community

Elementary school: 

Barbara A. Harvey Elementary

Middle school: 

Buffalo Creek Middle

High school: 

Palmetto High

Community features: 

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

$8,138
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$277,062
Cash to seller
$8,138

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

June 2022

Original loan amount

$289,750

Est. remaining balance

$277,062

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Michael Anthony Johnson and Amelia Gayle Newton

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: Active

Tomo last checked: 04/04/2025 at 5:25 AM

Listing updated: 04/03/2025 at 4:50 PM

Listed by: Etta Carter, COLDWELL BANKER REALTY Phone #: (941) 907-1033

MLS: StellarMLS #A4615649

StellarMLS logo

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