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502 16TH AVE E AVENUE E

House
$799,000

BTC: 9.56886228

ETH: 301.50943396

New
Waterfront
3 bds
2 ba
1,957 sqft

Overview

Virtually Staged. Welcome to the ultimate Florida waterfront lifestyle. Tucked away on a quiet cul-de-sac in a private marina enclave in Palmetto, this exceptional 3-bedroom, 2.5-bathroom canal home effortlessly blends sleek, modern design with a boater's dream layout. Spanning 1,957 square feet of meticulously planned, single-level living, the residence makes a striking first impression with its crisp, light contemporary facade and beautifully manicured tropical landscaping. Step past the wide paved driveway to the secure front entry, where a premium impact-resistant glass door welcomes you inside while ensuring peace of mind. Built with durability and safety at the forefront, this hurricane-ready home features full impact-rated doors and windows throughout, providing superior storm protection, energy efficiency, and security without compromising on aesthetic appeal. Inside, the home opens into a bright, airy open-concept space defined by soaring volume ceilings, elegant tray details, and modern recessed lighting. The expansive main living area flows naturally into a gourmet kitchen featuring crisp light countertops, high-end finishes, and a massive walk-in pantry that provides exceptional storage. The thoughtful layout includes a split-bedroom design, anchored by a massive primary bedroom suite that serves as a true private retreat. The connected primary bathroom features a luxurious walk-in shower and leads into an oversized walk-in closet with ample room for any wardrobe. Out back, the property opens directly onto your personal piece of the canal. With private water access to the Manatee River just steps away, early morning fishing trips or sunset cruises are a daily reality. The backyard offers a massive, blank-canvas footprint that serves as the perfect setup for the future—giving you the ideal foundation to design and add your own custom pool, screened cage, or outdoor kitchen exactly the way you want it. Complete with a pristine two-car garage, this property represents the peak of modern Gulf Coast luxury with room to grow.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
2021
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$408
Cooling:
Central Air
HOA:
$325

Valuation

Our model vs. what's actually selling nearby.
Estimate
$415,000
$270K – $524K
Confidence Low
List vs. estimate
$384K above estimate
List $799,000 · +92.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$408
+82.6% vs. city median $223
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,626
2025
HOA
$325/qtr
View
Water
Waterfront
Canal - Freshwater
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Range Hood

    • Tankless Water Heater

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • In Wall Pest System

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Surface Counters

    • Thermostat

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 1015734409

    • Zoning: PDMU

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Natural Gas Connected

    • Other

    • Public

    • Underground Utilities

  • Other financial information

    • HOA: $325

    • HOA Frequency: Quarterly

    • Annual tax amount: $9,627

  • Source details

    • MLS ID: A4707075

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Cul-De-Sac / Near Marina / Sidewalk

    • Patio And Porch Features: Covered / Front Porch / Patio / Screened

    • Window Features: Double Pane Windows / Storm Window(s)

    • Direction Faces: West

    • Architectural Style: Mediterranean

    • Waterfront: Yes

    • Water Body Name: MANATEE RIVER

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1957

    • Water Source: Public

    • Lot Size Dimensions: 50 x 130

    • Subdivision Name: SANCTUARY COVE

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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: ALBERT WOOSTER & COMPANY