Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

27 MICHIANA DRIVE

House For Sale
$525,000

BTC: 8.48827809

ETH: 329.21759088

-$70K (2026/06/22)
57 days
2 bds
1 ba
838 sqft

Overview

Situated on a canal with direct access to Terra Ceia Bay and the Gulf of Mexico, this home is a boater and fisherman's dream. Enjoy the convenience of your own private canal ccess, making it effortless to launch and explore the surrounding waters whenever you choose. The outdoor space is designed for relaxation and entertainment, featuring a stunning saltwater pool surrounded by low-maintenance, beautifully paved grounds front and back. Whether you're hosting guests or enjoying a quiet sunset, this property delivers the ultimate Florida lifestyle. Inside, the home has been tastefully updated, offering a move-in-ready experience for homeowners or investors alike. With its strong short-term rental potential and excellent ROI, this property presents a rare opportunity to own a high-performing vacation rental in a sought-after location. Key Features: Canal-access property with direct access to Terra Ceia Bay and the Gulf of Mexico Private boat ramp for easy water access (with $100 Annual Membership) Beautifully updated interior Saltwater pool perfect for relaxing or entertaining Low-maintenance grounds for easy ownership Ideal for short-term rental investment with excellent income potential Whether you're searching for a personal waterfront retreat or a turnkey investment property, this Terra Ceia Island gem checks every box. Schedule your private showing today and experience waterfront living at its finest!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1950
Lot:
0.12 Acres
Heating:
Central
Price/sqft:
$626
Cooling:
Central Air
HOA:
$75

Valuation

Our model vs. what's actually selling nearby.
Estimate
$329,900
$243K – $734K
Confidence Low
List vs. estimate
$195K above estimate
List $525,000 · +59.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$626
+0.0% vs. city median $626
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,385
2025
HOA
$75/yr
Recreational Facilities
Pool
Chlorine Free
View
Water
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Lighting / Private Yard

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 2174100004

    • Zoning: PDR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • HOA: $75

    • HOA Frequency: Annually

    • Annual tax amount: $4,385

  • Source details

    • MLS ID: A4692730

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Inside

    • Lot Features: Near Marina / Street Dead-End

    • Pool Features: Chlorine Free / In Ground / Lighting / Pool Alarm / Salt Water

    • Direction Faces: North

    • Living Area: 838

    • Water Source: Public

    • Lot Size Dimensions: 60 x 85

    • Subdivision Name: 1042; TERRA CEIA

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$450,000
House
3 bds · 2 ba · 1,825 sqft
HERITAGE BAY, PALMETTO
4319 15TH WAY
New
For Sale
$439,900
House
4 bds · 2 ba · 2,093 sqft
NA, PALMETTO
4715 4TH AVENUE E
For Sale
$430,000
House
3 bds · 2 ba · 1,406 sqft
GULF & BAY ESTATES BLOCKS 4-7, PALMETTO
2009 TARPON ROAD
-$16K
For Sale
$449,000
House
3 bds · 2 ba · 1,856 sqft
PALMETTO POINT, PALMETTO
727 47TH STREET W
For Sale
$650,000
House
3 bds · 2 ba · 1,630 sqft
PALMETTO SKYWAY REP, PALMETTO
4608 ARLINGTON ROAD
-$5K
For Sale
$645,000
House
2 bds · 2 ba · 1,519 sqft
PALMETTO SKYWAY REP, PALMETTO
5108 COMMONWEALTH ROAD
-$20K
For Sale
$419,000
House
4 bds · 2 ba · 2,312 sqft
ARDMORE, PALMETTO
1423 12TH AVENUE W
-$41K
For Sale
$649,000
Condo/Co-op
3 bds · 2 ba · 2,039 sqft
BAY CLUB PH II, PALMETTO
2925 TERRA CEIA BAY BOULEVARD UNIT 2703

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC