Listing Details for MLS #A4657405
7116 56th Terrace E, Palmetto, Fl

Residential Property - Single Family Residence in Palmetto

Listing Price: $599,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Welcome to your dream home! Nestled at the end of a peaceful cul-de-sac in a well-established neighborhood with long-time neighbors who truly love their community, this beautifully maintained 5-bedroom, 4-bathroom residence offers the perfect combination of space, privacy, and modern convenience. Whether you have a growing family or simply desire room to spread out, this home provides exceptional flexibility and comfort. The light-filled great room serves as the heart of the home, seamlessly connecting to the kitchen and dining area—an ideal space for entertaining or relaxing with family. The kitchen is thoughtfully designed with Corian countertops, 42” upper cabinets, pantry, newer appliances including a refrigerator, and ample storage and prep space to make cooking a joy. A bonus den or office space offers even more room for your unique needs, whether that's working from home, creating a playroom, or designing your dream hobby area. The home features two primary suites, offering unmatched flexibility for multi-generational living or hosting guests. The main suite is a luxurious retreat, complete with a large walk-in closet, a garden tub, a separate shower, and dual vanities. The second suite, tucked away behind a private pocket door, provides both comfort and privacy. All bedrooms are generously sized, and the home is filled with elegant design touches like arched doorways and rounded corners that add warmth and character. Upstairs, you'll find a spacious additional bedroom and full bath, along with two versatile rooms perfect for a gym, media room, or second office. A large under-stairs storage room, as well as abundant closet space throughout, ensures that everything has its place, making organization effortless. Step outside to your private backyard oasis, where a heated pool and spa overlook a tranquil preserve. The outdoor area is perfect for entertaining, with a dedicated pool bath, its own linen closet, and a covered patio already plumbed for a future outdoor kitchen or sink—imagine hosting family barbecues or quiet evening gatherings under the stars. This home is also packed with smart upgrades and recent improvements. A brand-new roof was installed in December 2023, complete with a radiant barrier for enhanced energy efficiency. The 3-car garage also features a radiant barrier to keep it comfortable throughout the year. Additional updates include a new pool filter (July 2025), a newer A/C unit servicing the first floor, and beautiful porcelain tile in the main living areas with plush carpeting in the bedrooms. The professionally maintained landscaping—with weekly weed control, fertilization, and pool service—means the owners truly cared for this property! Convenience is key, and this location delivers. You’re just minutes from I-75, I-275, and US-301, making commuting a breeze. Shopping, dining, schools, and everyday amenities are all nearby, and best of all, you’re only a short drive from the world-famous beaches of Anna Maria Island. Professional photography will be available once the current tenant moves out at the end of the month—but don't wait! Homes like this are rare. Schedule your private showing today and see for yourself why this incredible property is the perfect place to call home.The average asking price for a 5 bedroom/4 bath single family residence in this Zip code is $799,622. This single family residence is listed at about 75% of the average asking price. There are 4 5 bedroom/4 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »