5318 POINT DRIVE PALMETTO FL 34221 MLS #A4620337 | Gary Kusher | Florida Real Estate

5318 POINT DRIVE
PALMETTO, FL, 34221
$645,000
4 Beds
3 Baths
2,871 SqFt
0.28 Acres
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Multi-Generational!!! Discover the perfect blend of flexibility and modern living with this recently renovated, multigenerational home in northern Manatee County. With NO deed restrictions, NO CDD fees, and NO mandatory HOA fees, this property is a rare find offering endless possibilities.
Key Features:
Ample Parking: Plenty of space to park your boat, outdoor toys, RV, or any additional vehicles.
Multigenerational Living: The original home features 3 bedrooms and 2 baths, complemented by a spacious Florida room with a mini-split system and an outdoor-style kitchen. A newly added in-law suite includes a private entrance, 1 bedroom, and 1 bath, ideal for extended family or as a potential income-generating rental. Private entrance and backyard access.
Recent Upgrades: Enjoy the benefits of a new circular driveway, roof, hot water heater with a cooling system, and a 2-car garage with a workshop area—all added in 2023.
Oversized Lot: The property boasts an oversized, fenced yard with vinyl fencing and double gates for easy RV or camper parking, complete with electric and cleanout facilities. The side yard runs along an estuary filled with a variety of fish including Tilapia.
Outdoor Living: An expansive outdoor deck provides the perfect spot for relaxation, with ample room to add a hot tub.
Community Amenities: While there are no mandatory fees, an optional membership provides access to a community clubhouse, boat launch, and park.
Vacation Rental Potential: With no deed restrictions, this property could be an excellent opportunity for vacation rentals, RV rentals, or even generating multiple income streams.
Prime Location: Minutes from the Skyway Bridge, and a short commute to St. Pete, Tampa, Sarasota, Bradenton, and Palmetto.
Additional Updates:
A/C (2003)
Carpet (2023 & 2024)
Spray foam insulation
Impact windows
Garage with epoxy flooring and 10′ ceilings
2 full RV hookups
400 amp electric service (2023)
Wood decking in the side yard
This home is a versatile gem offering both comfort and investment potential in a prime location. Don’t miss out on this incredible opportunity! Minutes to the Skyway, perfect for St. Pete commuters, easy access to Tampa, Sarasota, Bradenton and Palmetto.
Palmetto Point has a boat ramp, club house and park area that can be used by those that opt to join. Low annual fees.

Property Details

Price:
$645,000
MLS #:
A4620337
Status:
Active
Beds:
4
Baths:
3
Address:
5318 POINT DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMETTO POINT
City:
PALMETTO
Listed Date:
Aug 19, 2024
State:
FL
Finished Sq Ft:
2,871
ZIP:
34221
Lot Size:
12,066 sqft / 0.28 acres (approx)
Year Built:
1973
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Epoxy, Luxury Vinyl
Heating
Central, Electric
Laundry Features
Inside, Laundry Closet, Laundry Room

Exterior

Community Features
Private Boat Ramp, Water Access, Waterfront, Clubhouse, Park
Construction Materials
Block, Stucco
Exterior Features
French Doors, Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters
Parking Features
Circular Driveway, Driveway, Garage Door Opener, Open, Oversized, R V Parking
Roof
Shingle

Financial

Tax Year
2023
Taxes
$3,303

Map

Community

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5318 POINT DRIVE
PALMETTO, FL