7220 54th Ter E, Palmetto, FL 34221
OFF MARKET

$412,300

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,164 sqft

7220 54th Ter E, Palmetto, FL 34221

Est. Refi. Payment $2,711/mo*
Refinance Your Home
Currently Off Market - Sold May 13, 2013 for $192,000

Home Value

Trulia Estimate
$412K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$1K (+0.3%)
Since last sale
Increased$220K (+114.8%)
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 +52% in the last 10 years
MonthEstimated value
2026
August 2026$412K
August 2026$412K
July 2026$414K
June 2026$417K
May 2026$416K
April 2026$415K
March 2026$417K
February 2026$416K
January 2026$408K
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
7220 53RD PLACE E, Palmetto, FL
0.09
Single-Family Home
$265,000
01/16/26
4
2.5
2,012
7162 50TH AVENUE CIRCLE E, Palmetto, FL
0.26
Single-Family Home
$315,000
05/29/26
4
2.5
2,826
5805 71ST STREET E, Palmetto, FL
0.27
Single-Family Home
$325,000
07/24/26
4
2
1,748
5504 71ST STREET E, Palmetto, FL
0.11
Single-Family Home
$279,900
01/23/26
3
2
1,280
5014 72ND STREET E, Palmetto, FL
0.25
Single-Family Home
$308,000
05/12/26
3
2
1,717
7170 50TH AVENUE CIRCLE E, Palmetto, FL
0.27
Single-Family Home
$360,000
03/17/26
3
2
1,717
5227 LANSDOWNE WAY, Palmetto, FL
0.36
Single-Family Home
$350,000
10/20/25
3
2
1,876
7181 50TH AVENUE CIRCLE E, Palmetto, FL
0.32
Single-Family Home
$365,000
06/17/26
3
2
1,713
7115 50TH AVENUE CIRCLE E, Palmetto, FL
0.13
Single-Family Home
$299,999
04/20/26
2
2
1,444
7005 57TH TERRACE E, Palmetto, FL
0.31
Single-Family Home
$325,000
09/08/25
5
2.5
2,889

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
11522 E 72ND PLACE, Palmetto, FL 34221
0.05
$434,900
5
4
2,771
Off Market
5403 72ND STREET E, Palmetto, FL 34221
0.06
$302,200
3
2
1,280
Off Market
11539 E 72ND PLACE, Palmetto, FL 34221
0.07
$370,400
4
2.5
2,480
Off Market
7106 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.07
$349,500
3
2
1,703
For Sale
11534 E 72ND PLACE, Palmetto, FL 34221
0.08
$326,600
3
2.5
2,197
Off Market
5310 72ND STREET E, Palmetto, FL 34221
0.08
$359,000
3
2
1,703
For Sale
7220 53RD PLACE E, Palmetto, FL 34221
0.09
$265,000
4
2.5
2,012
Recently Sold
5311 72ND STREET E, Palmetto, FL 34221
0.10
$370,400
3
2
1,663
Off Market
7116 56TH TERRACE E, Palmetto, FL 34221
0.12
$572,200
5
4
3,174
Off Market
5504 71ST STREET E, Palmetto, FL 34221
0.11
$279,900
3
2
1,280
Recently Sold
7115 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.13
$299,999
2
2
1,444
Recently Sold
5511 71ST STREET E, Palmetto, FL 34221
0.15
$301,300
3
2
1,444
Off Market

Local Information

  • Map ViewExplore the area around 7220 54th Ter 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
2008
Living Area
2,164 sqft
Price/Sqft
$191
Parking
Garage

About this House

Truly a "WOW" home, this spacious 4 bedroom, 2-1/2 bath 2-story is immaculate and ready to move in. The open floor plan allows a view from the front entry, through the sliders at the end of the living area, onto the lanai and solar heated pool and ending with an elevated lake view which is arguably the nicest view in the sub-division. The kitchen is nicely appointed with wood cabinets and corian countertops, has room for a breakfast table and is adjacent to the formal dining room. A convenient ? bath downstairs is great for guest use or a wash up before dinner.. The great room has plenty of room to place furniture in a variety of layouts with minimal limitations. Do you have a large family or lots of winter guests? "No problem" with the huge master bedroom downstairs and three oversized bedrooms plus a loft upstairs. The loft is overlooking the lake and offers a quiet niche to enjoy or do homework. The wood cabinets are matching throughout the home and cultured marble counter tops are in all 2 ? baths. The master bath is complete with a large tiled shower, garden tub, dual sinks and a huge walk-in closet. The large lanai complete with pool is an ideal place for morning coffee, evening libations or great family fun. The front porch is also screened with a beautiful landscaped garden view. Mills Elementary and Buffalo Middle Schools are but 5 minutes away. Only 2 miles to both I-75 and I-275 makes for convenient commuting to Tampa or St. Pete as well as 25 minutes to Sarasota, 40 minutes to Tampa International or 75 minutes to Orlando. NOT a short sale - closing at your convenience.
7220 54th Ter E, Palmetto, FL 34221 is a 4 bedroom, 3 bathroom, 2,164 sqft single-family home built in 2008. It last sold for $192,000 on May 13, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $412,300, with a rent estimate of $2,927/month.

Home Details for 7220 54th Ter E

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate
Interior Details
Number of Rooms: 9Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Master Bath, Office, PantryCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowaveRefrigerator
Security
Security System

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: OtherGardenLawnPorchSprinkler System
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2008Year Updated: 2009
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 5427 sqft

Building

Fitness & Sports
Basketball Court

Price and Tax history

DateEventPrice
May 13, 2013
Source: N/A
Sold
$192,000
Mar 9, 2013
Source: Agent Provided
Listed For Sale
$199,750
Jun 13, 2012
Source: Agent Provided
ListingRemoved
$194,900
May 17, 2012
Source: Agent Provided
PriceChange
$194,900
Price decreased by 1%
Apr 29, 2012
Source: Agent Provided
PriceChange
$196,900
Price decreased by 1%

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

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

LGBTQ Local Legal Protections

Frequently asked questions about 7220 54th Ter E

  • What is 7220 54th Ter E estimated to be worth?
    Trulia's estimated value for 7220 54th Ter E in Palmetto, FL is $412,300.
  • What is the price history for 7220 54th Ter E?
    7220 54th Ter E in Palmetto, FL last sold for $192,000 in May 2013.
  • Is Palmetto a buyer's or seller's market?
    Palmetto is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Palmetto?
    The median sale price in Palmetto is $350K. That is up $2.85K from the prior month.
  • Does 7220 54th Ter E have air conditioning?
    Yes, 7220 54th Ter E in Palmetto, FL has air conditioning.
  • Does 7220 54th Ter E have a pool?
    Yes, 7220 54th Ter E in Palmetto, FL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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