Listing Details for MLS #A4649355
1000 Riverside Drive Unit B501, Palmetto, Fl

Residential Property - Condominium in Palmetto

Listing Price: $550,000 (Mortgage Calculator →)

Description of Property

Experience the Best of Florida Waterfront Living in this rarely available two-story penthouse at Regatta Point, nestled in the heart of the Palmetto Historic District. Boasting spectacular panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline, this expansive corner residence is on the market for the first time in over 37 years. Offering a unique opportunity to reimagine a classic penthouse floor plan. Upon entry, you’re welcomed by a dramatic two-story foyer and a beautiful staircase leading to the second floor. A charming wet bar, tucked behind mirrored folding doors, adds a nostalgic touch and separates the foyer from the spacious living room, where you’ll first catch a glimpse of one of three private balconies with stunning water views. The flowing layout leads you through a formal dining room, also with river views and into a generously sized kitchen with a large pantry and adjacent laundry area. The first-floor ensuite bedroom features its own private balcony and full bath. A spacious 3rd bedroom offers flexibility of a den or bedroom, while a powder room serves guests with ease. Upstairs, the luxurious owner’s suite spans over 700 square feet and includes a large bedroom, dual vanity area, jacuzzi tub, separate shower, two walk-in closets, and a substantial private storage space. Bring your creative ideas and make this your spa retreat ensuite. Enjoy serene views from every angle and exclusive access to the second floor via a private entry from the building’s sixth floor. Recent updates include, 2nd floor A/C (2022), PGT impact sliding doors and bath window on 2nd floor (2020), PGT impact sliding doors in living/dining area (2023) Regatta Point offers front-row access to boating, dining, shopping, and premier events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park all just outside your door. With easy access to Tampa, St. Pete, Sarasota, and the Gulf beaches, this is truly a rare gem in a charming, waterfront community. Schedule your private showing today and start imagining the possibilities in this one-of-a-kind penthouse retreat. This unit did take on some storm damage and has been remediated by the estate. Priced accordingly to allow for full renovations of the new owner.The average asking price for a 3 bedroom/2 bath condominium in this Zip code is $408,088. This condominium is listed at about 135% of the average asking price. There are 8 3 bedroom/2 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »