1000 Riverside Drive UNIT B501 Palmetto Florida | Home for Sale
To schedule a showing of 1000 Riverside Drive UNIT B501, Palmetto, Florida, Call David Shippey at 863-521-4517 TODAY!
Palmetto, FL 34221
- 3Beds
- 3.00Total Baths
- 2 Full, 1 HalfBaths
- 2,475SqFt
- 1984Year Built
- 0.84Acres
- MLS# A4649355
- Residential
- Condominium
- Active
- Approx Time on Market3 months, 6 days
- Area34221 - Palmetto/rubonia
- CountyManatee
- Subdivision Regatta Pointe Ph I
Overview
One or more photo(s) has been virtually staged. Milestone inspections are complete and both buildings have passed. Any required repairs will be done over the next year. 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, youre 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 youll 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 owners 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 buildings 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.
Agriculture / Farm
Association Fees / Info
Community Features: CommunityMailbox, Fitness, Pool
Pets Allowed: Yes
Senior Community: No
Hoa Fees Frequency: Monthly
Association: Yes
Association Amenities: Elevators, FitnessCenter, MaintenanceGrounds, Pool, CableTv
Association Fee Includes: AssociationManagement, CommonAreas, CableTv, Internet, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, ReserveFund, Sewer, Taxes, Trash, Water
Hoa Fees: 1732
Bathroom Info
Total Baths: 3.00
Fullbaths: 2
Building Info
Roof: Metal
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Style: Florida
Pool Features: Association, Community
Patio: RearPorch
Pool Private: No
Exterior Features: Storage
Fees / Restrictions
Financial
Original Price: $550,000
Disclosures: CovenantsRestrictionsDisclosure
Garage / Parking
Open Parking: No
Parking Features: Assigned, Covered
Attached Garage: Yes
Garage: Yes
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Floors: Carpet, Concrete, Tile
Levels: Two
Spa: No
Laundry Features: LaundryCloset
Interior Features: EatInKitchen, WalkInClosets
Appliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Washer
Lot Info
Direction Remarks: US 41 in Palmetto, go West on Riverside Dr. Regatta Point is across from the marina and restuarant. Turn into parking lot at the back of the building
Lot Size Units: Acres
Lot Size Acres: 0.84
Lot Sqft: 36,691
Lot Desc: Flat, Level, NearPublicTransit, BuyerApprovalRequired
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 23
Class Type: Condominium
Property Sub Type: Condominium
Property Attached: No
New Construction: No
Construction Materials: Block, Stucco
Stories: 2
Total Stories: 2
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 10
Sqft Info
Sqft: 2,475
Bulding Area Sqft: 2,955
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Legal Description: UNIT B501 REGATTA POINTE CONDO PHASE I PI#31221.0210/0
Tax Block: 501
Tax Annual Amount: 12438
Tax Book Number: 1209-384
Unit Info
Unit: B501
Utilities / Hvac
Heating: Electric
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableConnected, ElectricityConnected, SewerConnected, WaterConnected
Waterfront / Water
Waterfront: No
View: Yes
Water Body Name: MANATEE RIVER
View: Marina, River, Water
Directions
US 41 in Palmetto, go West on Riverside Dr. Regatta Point is across from the marina and restuarant. Turn into parking lot at the back of the buildingThis listing courtesy of Re/max Alliance Group
The information being provided by © 2025 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 07-27-2025 8:18 PM EST.
If you have any questions on 1000 Riverside Drive UNIT B501, Palmetto, Florida, please call David Shippey at 863-521-4517.
MLS# A4649355 located at 1000 Riverside Drive UNIT B501, Palmetto, Florida is brought to you by David Shippey REALTOR®
1000 Riverside Drive UNIT B501, Palmetto, Florida has 3 Beds, 2 Full Bath, and 1 Half Bath.
The MLS Number for 1000 Riverside Drive UNIT B501, Palmetto, Florida is A4649355.
The price for 1000 Riverside Drive UNIT B501, Palmetto, Florida is $495,000.
The status of 1000 Riverside Drive UNIT B501, Palmetto, Florida is Active.
The subdivision of 1000 Riverside Drive UNIT B501, Palmetto, Florida is Regatta Pointe Ph I.
The home located at 1000 Riverside Drive UNIT B501, Palmetto, Florida was built in 2025.
Related Searches: Chain of Lakes Winter Haven Florida