7116 56th Terrace Palmetto Florida | Home for Sale
To schedule a showing of 7116 56th Terrace, Palmetto, Florida, Call David Shippey at 863-521-4517 TODAY!
Palmetto, FL 34221
- 5Beds
- 4.00Total Baths
- 4 Full, 0 HalfBaths
- 3,174SqFt
- 2006Year Built
- 0.19Acres
- MLS# A4657405
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market8 days
- Area34221 - Palmetto/rubonia
- CountyManatee
- Subdivision Crystal Lakes
Overview
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 areaan 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 sinkimagine 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 landscapingwith weekly weed control, fertilization, and pool servicemeans the owners truly cared for this property!Convenience is key, and this location delivers. Youre 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, youre 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 monthbut 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.
Agriculture / Farm
Association Fees / Info
Community Features: Playground, Sidewalks, StreetLights
Pets Allowed: Yes
Senior Community: No
Hoa Frequency Rate: 600
Association: Yes
Association Amenities: BasketballCourt, Playground
Hoa Fees Frequency: Annually
Bathroom Info
Total Baths: 4.00
Fullbaths: 4
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Pool Features: Gunite, Heated, InGround
Pool Private: Yes
Exterior Features: SprinklerIrrigation, Lighting
Fees / Restrictions
Financial
Original Price: $599,000
Disclosures: CovenantsRestrictionsDisclosure
Garage / Parking
Open Parking: No
Attached Garage: Yes
Garage: Yes
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Floors: Carpet, PorcelainTile
Levels: Two
Spa: Yes
Laundry Features: ElectricDryerHookup, LaundryRoom
Interior Features: BuiltInFeatures, TrayCeilings, CeilingFans, CathedralCeilings, HighCeilings, KitchenFamilyRoomCombo, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, SplitBedrooms, VaultedCeilings, WalkInClosets, WoodCabinets
Appliances: Dishwasher, ExhaustFan, ElectricWaterHeater, Disposal, Microwave, Range, Refrigerator, RangeHood
Spa Features: Heated, InGround
Lot Info
Direction Remarks: Buffalo Rd. south to (left) east on 72nd St E. to right on 50th Ave Circle E, turn left on 71st St E to left turn on 56th Terr. E.
Lot Size Units: Acres
Lot Size Acres: 0.19
Lot Sqft: 8,163
Lot Desc: ConservationArea, CulDeSac, DeadEnd, Greenbelt, Landscaped
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 28
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Condition: NewConstruction
Property Attached: No
New Construction: No
Construction Materials: Block, Stucco
Stories: 2
Total Stories: 2
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 8
Sqft Info
Sqft: 3,174
Bulding Area Sqft: 3,986
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 118
Tax Legal Description: LOT 118 CRYSTAL LAKES PI#6601.1610/9
Tax Annual Amount: 7502
Tax Book Number: 47-1
Unit Info
Utilities / Hvac
Heating: Electric
Water Source: Public, Well
Sewer: PublicSewer
Cool System: CentralAir, Zoned, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, SewerConnected, UndergroundUtilities
Waterfront / Water
Waterfront: No
View: Yes
View: ParkGreenbelt
Directions
Buffalo Rd. south to (left) east on 72nd St E. to right on 50th Ave Circle E, turn left on 71st St E to left turn on 56th Terr. E.This listing courtesy of Coldwell Banker Realty
MLS# TB8403690 
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MLS IDX data last updated on 07-23-2025 1:25 PM EST.
If you have any questions on 7116 56th Terrace, Palmetto, Florida, please call David Shippey at 863-521-4517.
MLS# A4657405 located at 7116 56th Terrace, Palmetto, Florida is brought to you by David Shippey REALTOR®
7116 56th Terrace, Palmetto, Florida has 5 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 7116 56th Terrace, Palmetto, Florida is A4657405.
The price for 7116 56th Terrace, Palmetto, Florida is $599,000.
The status of 7116 56th Terrace, Palmetto, Florida is Active.
The subdivision of 7116 56th Terrace, Palmetto, Florida is Crystal Lakes.
The home located at 7116 56th Terrace, Palmetto, Florida was built in 2025.
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