4911 PALMETTO POINT DRIVE, PALMETTO, FL, 34221
Active72 days on marketListed May 29, 2026MLS #TB8511146
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Upcoming open house
Sun, Aug 9
12:00 PM – 2:00 PM
About this home
4911 PALMETTO POINT DRIVE
AS SEEN ON TV!! PRICE REDUCED!! 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.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,645
Sqft
0.5 ac
Lot size
2
Garage
1989
Year built
One
Levels
$413
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 and the real association fee — not generic estimates.
$6,950 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,950/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
+7.2%
$/sqft vs Palmetto actives
$413 vs $205
Days on market
72 vs 57 typical
Where $413/sqft sits among the 400 Palmetto 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 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 → $355K
Palmetto median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
229 of 400
Palmetto actives have cut their price
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 192% above the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 4911 PALMETTO POINT DRIVE
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$375,000
1019 31ST STREET E
4 bd · 2 ba · 2,592 sqft · $145/sqft · 9 DOM
Sold · Nov ’25$945,000
2825 TERRA CEIA BAY BOULEVARD UNIT 1902
3 bd · 2.5 ba · 2,553 sqft · $370/sqft · 39 DOM
Sold · Oct ’25$520,000
2825 TERRA CEIA BAY BOULEVARD UNIT 1504
3 bd · 2 ba · 2,306 sqft · $225/sqft · 25 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 4911 PALMETTO POINT DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4911 PALMETTO POINT DRIVE — 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
4911 PALMETTO POINT DRIVE FAQs
What would the monthly payment be for 4911 PALMETTO POINT DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,950/mo — principal and interest, the actual property-tax bill, the $4/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 4911 PALMETTO POINT DRIVE?+
The association fee works out to $4 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4911 PALMETTO POINT DRIVE?+
The most recent tax bill on record (2025) was $5,771. 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 4911 PALMETTO POINT DRIVE?+
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 Palmetto?+
At $1,092,500, this home is listed about 177% above the Palmetto median of $394,999. The market section on this page shows how the area is trending.
Which schools are assigned to 4911 PALMETTO POINT DRIVE?+
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
$1,092,500 runs 192% above the PALMETTO 34221 median — but at 2,645 sqft it's also 36% larger than the typical Palmetto listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $1,099,000, now $1,092,500 — a $7K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE · Christopher Plummer. MLS #TB8511146.
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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