5539 2ND AVENUE CIRCLE W, PALMETTO, FL, 34221
Active330 days on marketListed Sep 9, 2025MLS #A4663830
About this home
5539 2ND AVENUE CIRCLE W
Build your dream waterfront home in the exclusive gated community of Terra Ceia Bay Estates, one of the Gulf Coast’s best-kept secrets. With only ten residences in the neighborhood, this rare bayfront homesite offers the privacy, boating access, and location that waterfront buyers are searching for. Featuring 118 feet of direct frontage on Terra Ceia Bay, the property includes a private dock and boat lift with no bridges to Tampa Bay or the Gulf of Mexico. Spend your weekends boating to waterfront restaurants, exploring nearby sandbars, fishing for snook and redfish, or simply enjoying panoramic sunset views from your dock while your custom home comes to life. Unlike many waterfront opportunities in Florida, there are no costly demolition expenses, permitting delays tied to tearing down an older structure, or compromises with outdated floorplans. This blank canvas allows you to design a fully customized elevated coastal residence with the latest in luxury finishes, hurricane standards, smart home technology, and modern waterfront architecture. A survey, environmental reports, and engineered home plans are already available, helping streamline the building process and saving valuable time. While construction progresses, you can still enjoy the boating lifestyle immediately by utilizing your private dock and lift from day one. Residents of Terra Ceia Bay Estates enjoy maintenance-free living with lawn care, irrigation, and a community pool included through the HOA. Ideally positioned near US-19, I-275, and the Sunshine Skyway Bridge, the property offers convenient access to downtown St. Petersburg, Tampa, Sarasota, Anna Maria Island, and Gulf beaches, all within approximately 25 minutes. Waterfront lots with direct bay access, private docks, no-bridge Gulf access, and this level of exclusivity rarely become available in Terra Ceia. This is an opportunity to create a legacy waterfront estate in one of the most unique coastal communities in the Tampa Bay area.
Facts & features
The home at a glance
0.31 ac
Lot size
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 and the real association fee — not generic estimates.
$4,391 /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
$4,391/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.
Where it sits
Inside Palmetto
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
PALMETTO 34221 — neighborhood snapshot
Population
54,923
Median age
46.6
Median income
$74,314
Median home value
$298,200
Avg household
2.63
Households w/ children
4,466
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palmetto market
$359K → $360K
Palmetto median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 34% above the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 5539 2ND AVENUE CIRCLE W
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$1,500,000
5531 2ND AVENUE CIRCLE W · same community
4 bd · 3.5 ba · 3,194 sqft · $470/sqft · 241 DOM
Sold · Dec ’25$1,790,000
5509 2ND AVENUE CIRCLE W · same community
4 bd · 4 ba · 3,642 sqft · $491/sqft · 3 DOM
Sold · Oct ’25$55,000
420 49TH STREET E UNIT 63
2 bd · 1 ba · 672 sqft · $82/sqft · 1 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 5539 2ND AVENUE CIRCLE W — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5539 2ND AVENUE CIRCLE W — 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
5539 2ND AVENUE CIRCLE W FAQs
What would the monthly payment be for 5539 2ND AVENUE CIRCLE W?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,391/mo — principal and interest, the actual property-tax bill, the $500/mo association fee 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.
How much are the HOA fees at 5539 2ND AVENUE CIRCLE W?+
The association fee works out to $500 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5539 2ND AVENUE CIRCLE W?+
The most recent tax bill on record (2024) was $6,875. 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 5539 2ND AVENUE CIRCLE W?+
The listing reports pets: Cats OK, Dogs OK. 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 Palmetto?+
At $499,000, this home is listed about 26% above the Palmetto median of $395,999. The market section on this page shows how the area is trending.
Which schools are assigned to 5539 2ND AVENUE CIRCLE W?+
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
Five things that matter here
01Positioned at the premium end
$499,000 runs 34% above the PALMETTO 34221 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $500/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
330 days on market against a Palmetto median of 54 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $669,000, now $499,000 — a $170K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC · Jordan Chancey, PA. MLS #A4663830.
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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