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4911 PALMETTO POINT DRIVE

House For Sale
$1,099,000

BTC: 17.44444444

ETH: 629.43871707

9 days
Waterfront
3 bds
2 ba
2,645 sqft

Overview

Welcome to luxury waterfront living in the highly desirable Bay Colony community at 4911 Palmetto Point Drive. Conveniently located just minutes to I-275, I-75, and US-41 and approximately 15 minutes to vibrant downtown St. Petersburg, this exceptional deep-water estate did not take on any water during the recent storms!! This one of a kind home offers breathtaking straight-channel views, incredible privacy, and direct access to the ultimate Florida boating lifestyle. Meticulously maintained and showcasing true pride of ownership inside and out, this expansive residence features over 2,600 sq ft of living space with 3 bedrooms, 2 full bathrooms, 1 half bath, and a dedicated office. Designed to maximize its stunning waterfront setting, the home offers spacious living areas filled with natural light and stunning water views throughout. The open and inviting floor plan flows seamlessly to the outdoor living space where a beautiful pool and spa overlook the most AMAZING channel view!!. Enjoy daily visits from dolphins and manatees right from your private dock while taking advantage of some of the deepest water in the community. Perfect for boating enthusiasts, the private dock currently accommodates an 8,000 lb boat lift and can easily be modified for a 10,000 lb lift, offering quick access to the Manatee River, Tampa Bay, and Gulf waters. This property also features a 2-car garage plus a separate 1-car/boat carport and includes a 2023 jet ski with less than 30 hours of use. Additional highlights include no HOA, a private community boat launch available for a nominal fee, mature tropical landscaping, and exceptional outdoor entertaining space. This rare waterfront opportunity combines luxury, boating, convenience, and an unbeatable coastal lifestyle in one extraordinary property.

Location

Florida • PALMETTO • 34221 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Boat / Covered / Driveway / Garage Door Opener
Year Built:
1989
Lot:
0.50 Acres
Heating:
Central
Price/sqft:
$416
Cooling:
Central Air
HOA:
$50

Valuation

Our model vs. what's actually selling nearby.
Estimate
$607,500
$425K – $893K
Confidence Low
List vs. estimate
$491K above estimate
List $1,099,000 · +80.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$415
+82.0% vs. city median $228
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,771
2025
HOA
$50/yr
Pool
Deck
View
Water
Waterfront
Bay/Harbor Front, Waterfront
Garage
2 car garage
Pets
Allowed
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Split Bedroom

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Boat

    • Covered

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Rain Gutters / Sliding Doors / Storage

    Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 2208600003

    • Zoning: 0100-SFR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Fiber Optics

    • Phone Available

    • Private

    • Public

    • Sewer Connected

    • Street Lights

  • Other financial information

    • HOA: $50

    • HOA Frequency: Annually

    • Annual tax amount: $5,771

  • Source details

    • MLS ID: TB8511146

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Laundry Room

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / Irregular Lot / Landscaped / Near Marina / Oversized Lot / Sloped

    • Patio And Porch Features: Deck / Enclosed / Front Porch / Patio / Porch / Rear Porch / Screened

    • Pool Features: Deck / Gunite / Heated / In Ground / Screen Enclosure

    • Window Features: Blinds / Drapes / Rods / Shutters

    • Direction Faces: South

    • Other Structures: Storage

    • Architectural Style: Bungalow / Florida

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: JAMAICA HARBOR

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2645

    • Water Source: Canal/Lake For Irrigation

    • Subdivision Name: 2206000; PALMETTO SKYWAY SECTION 1

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.

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Market around this address

Live counts in the same area.
View all
This zip
34221
588
median $389K
Active
Same city
PALMETTO
715
median $419K
Active
Same type
House
492
median $461K
Active
Similar price
$769K – $1.4M
84
median $1.1M
Active

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: SMITH & ASSOCIATES REAL ESTATE