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Listed by RE/MAX ALLIANCE GROUP

Status: Active

1000 Riverside Dr #B501 
Palmetto, FL 34221

$390,000

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One or more photo(s) has been virtually staged. Motivated Sellers, bring all offers. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.
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Bedrooms
3
Baths
2.5
House Size
2,475 sqft
Year Built
1984
Lot Size
0.84 ac

Location

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Interior Information

appliances
Cooktop
Dishwasher
Dryer
Electric Water Heater
Washer
cooling
Central Air
features
Elevator
Eat-in Kitchen
Walk-in Closet(s)
flooring
Carpet
Concrete
Tile
heating
Electric
laundry features
Laundry Closet
view
Marina
River
Water

Exterior Information

features
Storage
patio and porch
Rear Porch
road surface
Asphalt
roof
Metal

Property Information

architectural style
Florida
community
Fitness Center
Pool
construction
Block
Stucco
foundation
Slab
hoa includes
Cable Tv
Internet
Maintenance Structure
Maintenance Grounds
Pest Control
Sewer
Trash
Water
lot
Level
Near Public Transit
parking
Assigned
Basement
Attached
sewer
Public Sewer
subdivision name
Regatta Pointe Ph I
utilities
Cable Available
Cable Connected
Electricity Connected
Sewer Connected
Water Connected
water source
Public
  • Listed By Gregory Zies, LLC
  • (941) 758-7777
  • RE/MAX ALLIANCE GROUP
  • (941) 758-7777
  • mail@alliancegroupfl.com
  • MLS A4649355

Monthly Payments Calculator

Estimated Monthly Cost

$2,580

30 year fixed·6.9% interest rate
Principal & Interest
$2,055
Property Taxes
$325
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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