524 PALM AVENUE, ELLENTON, FL, 34222
Active352 days on marketListed Aug 15, 2025MLS #A4662245
About this home
524 PALM AVENUE
Short Sale. *APPROVED SHORT SALE* WATERFRONT DIAMOND IN THE ROUGH JUST SECONDS TO THE RIVER! Priced at land value, this property can be used to build the home of your dreams from the ground up, or bring your vision and recreate a home with the current structure. Home sustained flood damage in 2024 and has since been professionally remediated. While the inside is ready to finish, many elements remain in fabulous condition including a new 2024 METAL ROOF, 2023 HVAC, 2016 BOAT LIFT/DOCK with Timbertech composite and PVC decking, and a quintessential Florida swimming pool. In addition, impact windows and sliders were upgraded at the rear of the home, and pool equipment was replaced less than 2 years ago (heater has not been used since storm). Large circular driveway and ADDITIONAL paved parking on the side of the home. Have an EV? The home already prewired with an outlet. Ideal location convenient to downtown Bradenton, Ellenton shopping, St. Petersburg, the vibrant Sarasota area, easy access to 3 airports, I-75, and world famous beaches and fishing! No need to get in your car...just lower your boat and spend the day on the water. Great investment spot for water enthusiasts looking for a more central location that puts you close to just about everything. PROPERTY SOLD AS-IS, SELLER WILL NOT MAKE REPAIRS.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,716
Sqft
0.2 ac
Lot size
1
Garage
1957
Year built
Multi/Split
Levels
$291
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,679 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,679/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−39.3%
$/sqft vs Ellenton actives
$291 vs $182
Days on market
352 vs 68 typical
Where $291/sqft sits among the 90 Ellenton actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ellenton
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Ellenton. See the full Ellenton guide →
ELLENTON 34222 — neighborhood snapshot
Population
14,529
Median age
55.7
Median income
$66,105
Median home value
$194,300
Avg household
2.34
Households w/ children
1,253
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ellenton market
$329K → $415K
Ellenton median sold, yr/yr
94.4%
Sale-to-list ratio (12 mo)
45 of 90
Ellenton actives have cut their price
Median sold price, Ellenton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% above the ELLENTON 34222 median. See the full Ellenton market guide →
Paper trail
This home's history
Reality check
What actually sold near 524 PALM AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$320,000
616 PALM AVENUE · same community
2 bd · 1 ba · 720 sqft · $444/sqft · 64 DOM
Sold · Nov ’25$410,000
4017 3RD AVENUE E
3 bd · 2 ba · 1,719 sqft · $239/sqft · 177 DOM
Sold · Nov ’25$390,000
221 VERMONT AVENUE E
3 bd · 3 ba · 1,736 sqft · $225/sqft · 101 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 524 PALM AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 524 PALM AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
524 PALM AVENUE FAQs
What would the monthly payment be for 524 PALM AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,679/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 524 PALM AVENUE?+
The most recent tax bill on record (2024) was $4,329. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 524 PALM AVENUE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Ellenton?+
At $499,000, this home is listed about 88% above the Ellenton median of $265,000. The market section on this page shows how the area is trending.
Which schools are assigned to 524 PALM AVENUE?+
James Tillman Elementary Magnet School (elementary), Lincoln Memorial Middle School (middle), Palmetto High School (high) — Manatee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$499,000 runs 100% above the ELLENTON 34222 median — but at 1,716 sqft it's also 18% larger than the typical Ellenton listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
352 days on market against a Ellenton median of 68 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of POINT SOUTH REALTY PA · Kathy McKinnon. MLS #A4662245.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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