7005 56th Terrace E, Palmetto, FL 34221
Property image
Property image
FOR SALE
3D VIEW

$390,000

Original price: $410,000
  • 3 Beds
  • 2 Baths
  • 1,779 sqft

7005 56th Terrace E, Palmetto, FL 34221

Est. Mortgage $2,631/mo*
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Home Highlights

Single-Family Home
Built in 2009
$219/sqft
2 Car Garage
HOA $52/mo

Local Information

  • Map ViewExplore the area around 7005 56th Terrace E.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Beautifully maintained 3-bedroom, 2-bath waterfront home offering 1,779± square feet of living space in the desirable Crystal Lakes community of Palmetto. Fresh interior paint and updated lighting fixtures create a bright, move-in-ready feel throughout. The spacious floor plan features open living and dining areas, abundant natural light, and a private primary suite. Enjoy peaceful water views from the backyard with plenty of space to relax or entertain. Crystal Lakes offers low HOA fees and no CDD fees. Conveniently located near shopping, dining, parks, schools, major roadways, and Gulf Coast beaches, this property is ideal as a primary residence, seasonal retreat, or investment opportunity. Don't miss your chance to own an affordable waterfront home in a great location.
Last check for updates: about 9 hours ago
Listing courtesy of Nicholas David Grodzicki, (561) 888-3774
Nvision Realty, LLC
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#B26044149
Also Listed on BeachesMLS.

Home Details for 7005 56th Terrace E

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1779 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Water ConnectedAppliances: Dishwasher, Electric Range, Ice Maker, Microwave, Range, RefrigeratorDishwasherLaundry: Inside,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneAccessibility: NoneFloors: Carpet, Tile, Wood
View
Has a ViewView: Pond, Water
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Back Yard, FencedNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Driveway,Garage,Garage Door Opener
Frontage
Waterfront: None, PondFrontage Type: WaterfrontNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 65.00, 65.00

Days on Market

Cumulative Days on Market: 67Days on Market: 79

Property Information

Year Built
Year Built: 2009
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Ranch
Building
Construction Materials: Block, StuccoNot a New Construction
Property Information
Condition: ResaleParcel Number: 0660115509

Price & Status

Price
List Price: $390,000Price Per Sqft: $219
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: PalmettoCommunity: CRYSTAL LAKES

Agent Information

Listing Agent
Listing ID: B26044149

Building

Building Area
Building Area: 2502 Square Feet

Community

Community Features: Home Owners AssociationNot Senior Community

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Crystal Lakes HOA of ManateeHOA Phone: 813-571-7100Association for this Listing: BeachesMLSHas an HOAHOA Fee: $625/Annually

Lot Information

Lot Area: 10067 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: B26044149Living Area Range Units: Square FeetWater ViewWater View: Pond, WaterAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12081-N-0660115509-R-N

Additional Information

HOA Amenities: Basketball Court,Playground,Park,SidewalksDays On Market Replication: 67

Around this home

What Locals Say about Palmetto

At least 188 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 64 % Say kids play outside

  • 62 % Say there are sidewalks

  • 55 % Say neighbors are friendly

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

  • 47 % Say there's wildlife

  • 37 % Say streets are well-lit

  • 32 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • La Shawn
    "I do not have any pets to give an opinion. The area is nice. I do see people walking their dogs daily "
    0
    Flag
  • Cgreene911
    "Quiet, Pet friendly. Neighbors are friendly and watch out for each other. There were 2 antagonists but fortunately they sold. The current Board is working hard to meet the requirements for a well maintained community that we can enjoy. Please ignore the previous negative comment. HOA fees are now $244 for the purpose of replenishing reserves that were depleted."
    10
    Flag
  • Janie Z.
    "This is not a friendly community. Very clickish. There are bullies here and those who spy for the owner then report you. Those who call you a friend one day then stab you in the back the next day to join the newest ‘in crowd’. Do yourself a favor, buy elsewhere. "
    5
    Flag
  • Trulia User
    "An old fashioned neighborhood where kids can have a little freedom. Very neighborly, quiet. City park with new play structure and community events"
    0
    Flag
  • Trulia User
    "Food carts, Saturday market, park events like outdoor movies, boating festivals, litter clean-ups, small businesses, pier fishing, soccer, pickle ball "
    0
    Flag
  • J. M.
    "Wonderful location 20 minutes from beautiful ⛱ beaches. The nicest place in Florida to live! Close to 75 and 275 and shopping is great around here with St Armands and University Mall just down a few exits."
    1
    Flag
  • Brittney J.
    "The kind of neighbors you hope you have. That look out for you while you're out of town or pass sugar over the fence. Lots of families in the neighborhood and easy access to the highway. I work in Pinellas county and it's a short commute. "
    2
    Flag
  • Misty V.
    "Easy drive to Tampa/St.Pete/Sarasota and without all the hussle and bussle of being right in a city. "
    7
    Flag
  • Rolandoramos87
    "This is a elderly Mobil home residence. It is a very nice place to live. The zone is friendly, easy to get around and has good access to main roads."
    0
    Flag
  • Pat T.
    "Charter school, grades K-8 within walking distance located in neighborhood. Homes surround Lake Joyce with kayaking and fishing."
    2
    Flag
  • Pat T.
    "No public transportation. However, easy access to I-75 and I-275 to Tampa, St. Petersburg and Sarasota. "
    0
    Flag
  • Jodi R.
    "Neighborhood is very friendly and full of families with kids of all ages. There are local farmers markets also. "
    4
    Flag
  • Monroe B.
    "Lived here for 13 years. Friendly neighbors watching out for each other. A mobile home is not kid friendly "
    1
    Flag
  • Joan S.
    "I just moved here a few months ago & I've visited here many times. Beautiful area by the water. I live in a 55+ community & my neighbors are from everywhere."
    8
    Flag
  • Nisa1980
    "My neighborhood’s commute is safe and steady. No heavy traffic. Transportation always seems cautious. "
    0
    Flag
  • Dollfinzz1
    "It’s easy to commute to St Pete, Sarasota, Or Bradenton. Of course, you need a car or ride share. The public trans is not 24/7.0"
    0
    Flag
  • Malikah M.
    "Great neighborhood, friendly people, close to shopping. Traffic during morning and afternoon commutes."
    3
    Flag
  • Jabart74
    "The fair and art stands, traffic is fair and many stores to shop. Having to cross one of three bridges gets hectic at times."
    0
    Flag
  • Anabel0114
    "Always church events, park events and movies and all the shopping centers around. Great neighborhood! "
    0
    Flag
  • Gary S.
    "Very pleasant and affordable area. Close enough to services and groceries, etc. The people are very nice. "
    2
    Flag
  • britmatany
    "Very few good schools in this area! Few decent parks/playgrounds, but close to great playgrounds in Sarasota."
    3
    Flag
  • ROR
    "Easy to reach i75 North or South. Close to everything. Easy to reach 301 or 41 either North, South or to Anna Maria Island. Traveling to Sarasota is easy as well."
    0
    Flag
  • Mario s
    "Just us visiting. Seems like a wonderful place for recreation and families. We will only be here for a week but looking forward to boating and grilling and having a wonderful time."
    0
    Flag
  • Shaun C.
    "Great neighborhood for pets, kids, etc. Very safe, LOTS of police officers live here. Walk around anytime, day or night. "
    0
    Flag
  • Ralph B.
    "our neighborhood is safe and quiet. peaceful and practical. I enjoy living here. it's a good investment too. "
    3
    Flag
  • Anabel0114
    "It is very family friendly, quite, beautiful, nice scenery, great schools, close to about everything and almost 100% safe. I would reccomend this neighborhood to anyone and I have lived in this area for about 11 years now. "
    0
    Flag
  • Kd9249
    "Nice established community. Great mix of people. Quiet and friendly. Homes are all different. Feel safe walking at night."
    0
    Flag

Market trends in Palmetto

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$350K
$2.85KMoM
Sale-to-List Price
97.7%
0.5%MoM
Price per sq ft
$217
$2MoM
Available listings
415

Home Value

Trulia Estimate
$381K
Since last month
Decreased$200 (-0.1%)
Since last year
Increased$41K (+12.1%)
Since last sale
Decreased$9K (-2.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +60% in the last 10 years
MonthEstimated value
2026
September 2026$381K
August 2026$379K
July 2026$381K
June 2026$404K
May 2026$367K
April 2026$367K
March 2026$368K
February 2026$369K
January 2026$360K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7115 50TH AVENUE CIRCLE E, Palmetto, FL
0.09
Single-Family Home
$299,999
04/20/26
2
2
1,444
5504 71ST STREET E, Palmetto, FL
0.11
Single-Family Home
$279,900
01/23/26
3
2
1,280
5805 71ST STREET E, Palmetto, FL
0.18
Single-Family Home
$325,000
07/24/26
4
2
1,748
7170 50TH AVENUE CIRCLE E, Palmetto, FL
0.32
Single-Family Home
$360,000
03/17/26
3
2
1,717
6342 KENAVA LOOP, Palmetto, FL
0.32
Single-Family Home
$393,500
10/06/25
3
2
2,100
7181 50TH AVENUE CIRCLE E, Palmetto, FL
0.38
Single-Family Home
$365,000
06/17/26
3
2
1,713
6323 KENAVA LOOP, Palmetto, FL
0.35
Single-Family Home
$435,000
04/10/26
3
2
2,164
5011 72ND STREET E, Palmetto, FL
0.37
Single-Family Home
$322,500
09/03/26
3
2
1,444
6306 KENAVA LOOP, Palmetto, FL
0.35
Single-Family Home
$347,500
06/23/26
3
2
2,164
5014 72ND STREET E, Palmetto, FL
0.37
Single-Family Home
$308,000
05/12/26
3
2
1,717

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7117 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.08
$359,900
3
2
1,700
For Sale
5511 71ST STREET E, Palmetto, FL 34221
0.08
$301,300
3
2
1,444
Off Market
7124 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.08
$388,100
4
2.5
2,426
Off Market
7115 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.09
$299,999
2
2
1,444
Recently Sold
5504 71ST STREET E, Palmetto, FL 34221
0.11
$279,900
3
2
1,280
Recently Sold
7023 57TH TERRACE E, Palmetto, FL 34221
0.10
$399,000
4
2
1,752
For Sale
11761 E 71ST TERRACE, Palmetto, FL 34221
0.13
$388,000
5
4
2,771
Off Market
7106 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.15
$349,500
3
2
1,703
For Sale
5715 71ST STREET E, Palmetto, FL 34221
0.15
$366,300
3
2
1,672
Off Market
5717 71ST STREET E, Palmetto, FL 34221
0.15
$371,300
3
2
1,607
Off Market
7116 56TH TERRACE E, Palmetto, FL 34221
0.17
$572,200
5
4
3,174
Off Market

Price and Tax history

DateEventPrice
Jul 24, 2026
Source: BeachesMLS #B26044149
PriceChange
$390,000
Price decreased by 5%
Jun 22, 2026
Source: BeachesMLS #B26044149
Listed For Sale
$410,000
May 22, 2024
Source: Stellar MLS #FC298663
Sold
$390,000
Apr 23, 2024
Source: Stellar MLS #FC298663
Pending
$399,000
Mar 29, 2024
Source: Stellar MLS #FC298663
PriceChange
$399,000
Price decreased by 2%

LGBTQ Local Legal Protections

Nicholas David Grodzicki, Nvision Realty, LLC
Agent Phone: (561) 888-3774
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Frequently asked questions about 7005 56th Terrace E

  • What is the estimated monthly payment for 7005 56th Terrace E?
    Based on a $390,000 list price with 20% down at today's rates, the estimated monthly payment for 7005 56th Terrace E in Palmetto, FL is approximately $2,609 (about $2,056 principal & interest, $478 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 7005 56th Terrace E compare to homes in Palmetto?
    7005 56th Terrace E in Palmetto, FL is listed at $390,000, about 11% above the $350K median sale price in Palmetto.
  • What do residents say about Palmetto?
    Residents describe Palmetto, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Palmetto, FL.
  • What are the closest schools to 7005 56th Terrace E?
    The closest schools to 7005 56th Terrace E in Palmetto, FL are Buffalo Creek Middle School (rated 5/10), Palmetto High School (Middle, rated 2/10), Virgil Mills Elementary School (Pre-K, rated 7/10).
  • Does 7005 56th Terrace E have air conditioning?
    Yes, 7005 56th Terrace E in Palmetto, FL has air conditioning.
  • Does 7005 56th Terrace E have laundry facilities?
    Yes, 7005 56th Terrace E in Palmetto, FL has laundry facilities.
7005 56th Terrace E, Palmetto, FL 34221 is a 3 bedroom, 2 bathroom, 1,779 sqft single-family home built in 2009. This property is currently available for sale and was listed by BeachesMLS on Jun 22, 2026. The MLS # for this home is MLS# B26044149.