2318 5TH STREET E, Palmetto, FL 34221
SOLD
FEB 20, 2026

2318 5TH STREET E
Palmetto, FL 34221

  • 3 Beds
  • 3.5 Baths
  • 2,507 sqft

$620,000

Last Sold: Feb 20, 2026
4% below list $649K
$247/sqft
Est. Refi. Payment $3,983/mo*
Refinance Your Home

$620,000

Last Sold: Feb 20, 2026
4% below list $649K
$247/sqft
Est. Refi. Payment $3,983/mo*
Refinance Your Home
3 Beds
3.5 Baths
2,507 sqft

Local Information

  • Map ViewExplore the area around 2318 5TH STREET E.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2022
Living Area
2,507 sqft
Price/Sqft
$247/sqft
Parking
2 Car Garage
HOA
$247/Monthly

About this House

MOTIVATED SELLER! $36K PRICE IMPROVEMENT! Welcome to Sanctuary Cove, a stunning gated marina community nestled in Palmetto. Offering the ultimate in resort-style living, this community features a luxurious clubhouse, state-of-the-art gym, refreshing swimming pool, and a private beach. This exquisite 2022-built home boasts 3 bedrooms, 3.5 bathrooms, and a spacious den, all designed with exceptional craftsmanship and an abundance of natural light. From the moment you step inside, you’ll be captivated by the breathtaking sanctuary views and the privacy that comes with no rear neighbors. The home’s interior is highlighted by elegant ivory 42" cabinetry and sleek quartz countertops. High-end custom lighting graces the kitchen, den, and dining areas, adding a touch of sophistication. Equipped with premium GE Profile appliances, including a gas range, oversized refrigerator, and microwave, this home is built for both comfort and style. An open floor plan seamlessly connects the living spaces, creating the perfect environment for entertaining guests. The master suite offers the perfect retreat, with sweeping sanctuary views and a spa-like bathroom featuring dual vanity sinks and a luxurious double-head shower. Storage is never an issue with spacious closets throughout, including walk-ins in both guest bedrooms, each with its own en-suite bathroom. Additional features include a tankless water heater for efficiency and hurricane-impact windows throughout the home, providing both safety and energy efficiency, especially during Florida’s storm season. Conveniently located near Tamiami Trail, US-301, and I-75, you’re just minutes away from sandy beaches, shopping, dining, and the airport. This stunning Florida home offers affordable luxury and is ready for you to move in. Don’t miss your chance—this gem won’t last long!
2318 5TH STREET E, Palmetto, FL 34221 is a 3 bedroom, 4 bathroom, 2,507 sqft single-family home built in 2022. It last sold for $620,000 on Feb 20, 2026 (4% below the $649,000 asking price). More recently, it was listed as a rental in February 2024 with an asking price of $5,000 per month. That rental listing was removed on May 2, 2024. It is currently off market. The Trulia Estimate is $616,300, with a rent estimate of $2,963/month.

Home Details for 2318 5TH STREET E

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Primary Bathroom, Den, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2507 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, WasherDishwasherDisposalDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds, Storm Window(s), Window Treatments, Hurricane Shutters/WindowsFlooring: Ceramic Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Ceramic Tile
View
No View
Security
Security: Gated Community

Exterior Features

Exterior Home Features
Roof: TileExterior: LightingFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Garage Door Opener
Frontage
Road Surface Type: Paved, AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 176

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: StuccoNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1015737759

Price & Status

Price
List Price: $649,000Price Per Sqft: $247/sqft
Status Change & Dates
Off Market Date: Wed Jan 28 2026

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: PALMETTOCommunity: SANCTUARY COVE
School Information
Elementary School: James Tillman ElementaryJr High / Middle School: Buffalo Creek MiddleHigh School: Palmetto High

Building

Building Area
Building Area: 8194 Square Feet
Community rooms
Fitness Center

Community

Community Features: Marina, Water Access, Clubhouse, Fitness Center, PoolNot Senior Community

HOA

HOA Fee Includes: Maintenance Grounds, Pool MaintenanceHOA Name: Condominium Associates - Jennie ByramHOA Phone: 941-236-7701HOA Name (second): C&S Comm Management Services IncAssociation for this Listing: Suncoast TampaHas an HOAHOA Fee: $247/Monthly

Lot Information

Lot Area: 8194 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: TB8412936Showing Considerations: No Sign, Security SystemShowing Requirements: Appointment Only, ShowingTimeUniversal Property Id: US-12081-N-1015737759-R-N

Additional Information

HOA Amenities: Clubhouse,Fitness Center,Gated,Lobby Key Required,Pool
Last check for updates: about 5 hours ago
Listed by Kenneth Gaydos, (727) 685-8600
LPT REALTY, LLC., (877) 366-2213
Larry Fischer, (727) 300-6681
LPT REALTY, LLC., (877) 366-2213
Bought with: Therese Masseo, (941) 962-2951, FINE PROPERTIES, (941) 782-0000
Originating MLS: Suncoast Tampa
Source: Stellar MLS, MLS#TB8412936
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 2318 5TH STREET E

DatePriceEventSource
02/20/2026$620,000Sold
Stellar MLS #TB8412936
01/28/2026$649,000PendingStellar MLS #TB8412936
12/09/2025$649,000PriceChange
Stellar MLS #TB8412936
10/28/2025$685,000PriceChange
Stellar MLS #TB8412936
09/08/2025$695,000PriceChange
Stellar MLS #TB8412936
08/05/2025$725,000Listed For SaleStellar MLS #TB8412936
07/11/2024$745,000ListingRemovedStellar MLS #T3484889
05/02/2024ListingRemovedStellar MLS #T3503985
04/11/2024$3,995PriceChange
Stellar MLS #T3503985
04/11/2024$745,000PriceChange
Stellar MLS #T3484889
03/20/2024$4,250PriceChange
Stellar MLS #T3503985
03/05/2024$4,500PriceChange
Stellar MLS #T3503985
02/13/2024$5,000Listed For RentStellar MLS #T3503985
02/05/2024$795,000PriceChange
Stellar MLS #T3484889
01/11/2024$825,000PriceChange
Stellar MLS #T3484889
11/22/2023$850,000Listed For SaleStellar MLS #T3484889
08/31/2022$533,900Sold
N/A

Market trends in Ellenton

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
61
1MoM
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Property Tax and Assessment

Year2025
Tax$11,831
Assessment$560,644
Home facts updated by county records

Comparable Sales for 2318 5TH STREET E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2114 5TH STREET E, Palmetto, FL
0.13
Single-Family Home
$710,000
06/10/26
3
3.5
2,319
2009 6TH STREET E, Palmetto, FL
0.19
Single-Family Home
$725,000
05/01/26
3
2.5
2,230
1922 6TH ST E, Palmetto, FL
0.22
Single-Family Home
$550,000
03/13/26
2
2.5
1,957
510 16TH AVENUE E, Palmetto, FL
0.46
Single-Family Home
$779,000
09/30/25
3
2.5
2,230
1805 7TH ST E, Palmetto, FL
0.33
Single-Family Home
$1,010,000
10/14/25
4
3
2,644
1901 6TH STREET E, Palmetto, FL
0.26
Single-Family Home
$495,000
04/15/26
3
2
1,638
1709 8TH STREET E, Palmetto, FL
0.38
Single-Family Home
$750,000
04/07/26
4
4.5
2,804
710 16TH AVENUE E, Palmetto, FL
0.48
Single-Family Home
$1,050,000
03/09/26
3
2.5
2,230

Nearby homes

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Assigned Schools

These are the assigned schools for 2318 5TH STREET E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ellenton

At least 73 Trulia users voted on each feature.

  • 95 % Say car is needed

  • 95 % Say it's dog friendly

  • 83 % Say parking is easy

  • 81 % Say there's holiday spirit

  • 78 % Say yards are well-kept

  • 76 % Say people would walk alone at night

  • 73 % Say there's wildlife

  • 69 % Say it's quiet

  • 60 % Say there are sidewalks

  • 60 % Say kids play outside

  • 56 % Say neighbors are friendly

  • 49 % Say streets are well-lit

  • 49 % Say they plan to stay for at least 5 years

  • 41 % Say it's walkable to restaurants

  • 30 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Heather Gifford
    "I see dailies walking their dogs fairly often. I’m not a dog person myself, but it doesn’t feel unbalanced at all. "
    0
    Flag
  • Trapani5157
    "Great people, great amenities… lot rent a little high, but the amenities, river views, marina, 6 pools, beautiful grounds, state of the art gym, beautiful pool and card room and much more, all combines to make for a great retirement"
    0
    Flag
  • Shurla Nelson-mcmanus
    "Plenty of safe roads to walk a dog. Dogs have to be on leash and you have to pick up after your dog."
    0
    Flag
  • Steve B.
    "Recently moved here. Has an “old Florida” feel. But dozens of palm trees great you as you exit the interstate for that tropical feel. "
    9
    Flag
  • Dawn
    "We have many neighborhood activities and monthly events. Everyone here cares about their neighborhood and their neighbors. "
    2
    Flag
  • Nirma M. P.
    "I see people walking with their dog's with normally. My neighborhood are very peaceful and the neighbors are very nice."
    4
    Flag
  • Renee W
    "People walk their dogs all the time in our neighborhood and ensure they pick up after their dogs. Responsibility of dog ownership is very evident in our neighborhood."
    4
    Flag
  • Sukiliki
    "We have a boat landing in our area. Many ponds with ducks. Friendly people. Very little crime. Many kids in the neighborhood. "
    0
    Flag
  • Sukiliki
    "Love the pond in our back yard. Beautiful sunsets, plenty of room in the yard for our dogs, friendly people, mature trees, fishing, boat ramp. Homes are not cookie cutter. "
    6
    Flag
  • Renee7578
    "Dog owners would like our neighborhood because pretty much every homeowner has a dog or two! Close to shops and restaurants and dog parks in case your dog would like the freedom to run around and meet new friends!"
    3
    Flag
  • Susannah S.
    "North Manatee County is a great family area. We have a new high school, college and elementary school currently under construction."
    0
    Flag
  • Nelson A.
    "In my community a lot of neighbors do not leash their dogs. Some neighbors don't clean up after their dogs."
    1
    Flag
  • Renee7578
    "Community garage sale and barbecue annual event and corn hole event in the spring. Spécial neighbors make each event special!"
    0
    Flag
  • Jessica P.
    "Safe, clean community with nice clubhouse and amenities, friendly neighbors, easy access to highways and shopping"
    0
    Flag
  • flyskyhy j.
    "The area is fantastic for access to surrounding cities, restaurants, shopping and activities and easy to head out to the countryside as well. Nearby parks and recreation for boaters and children. Community Pool and clubhouse! "
    0
    Flag
  • Anne
    "Since HUD housing around the corner increased, the area has had a lot more theft...kids' bikes and scooters being stolen. Our nice car had white house paint thrown on it. Multiple families are moving into single homes and renting."
    0
    Flag
  • Jordan C. R.
    "The Ridgewood community offers security with 24/7 manned, gated access (no more solicitors!), and an impressive list of activities, clubs, group outings and sports teams to participate in. Walk or short drive to multiple restaurants, Prime Outlets Mall, drug stores, and more! Several public and semi-private golf courses in the area and world class fishing spots for you to find! "
    0
    Flag
  • Sarah505763
    "Close to everything, yet with small town appeal. Friendly neighbors."
    1
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

122 pet-friendly rentals in Palmetto, FL

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Explore by feature - Pool

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Explore by feature - Outdoor Space

32 rentals with an outdoor space in Palmetto, FL

Homes for sale near 2318 5TH STREET E

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Off Market Homes Near 2318 5TH STREET E

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