$550,000 for Sale
1000 riverside drive #B501, palmetto, FL 34221
Beds 3 | Baths 3 | 2,475 Sqft | 0.84 Acres |
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Property Description
One or more photo(s) has been virtually staged. 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.
Waterfront
General Information
Sale Price: $550,000
Price/SqFt: $222
Status: Active
MLS#: A4649355
City: palmetto
Post Office: palmetto
County: Manatee
Subdivision: regatta pointe ph i
Acres: 0.84
Bedrooms:3
Bathrooms:3 (2 full, 1 half)
House Size: 2,475 sq.ft.
Acreage: 0.84 est.
Year Built: 1984
Property Type: Condominium
Style: Florida
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Sliding Doors, Storage
Pool: Yes
Pool Description: Community Pool
Basement: No
Foundation : Slab
Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Washer
Cooling: Central Air
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $12,438
Legal Description: UNIT B501 REGATTA POINTE CONDO PHASE I PI#31221.0210/0

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Gregory Zies, LLC of RE/MAX ALLIANCE GROUP, Phone: 941-758-7777