1000 RIVERSIDE DRIVE
PALMETTO, FL, 34221

Price$300,000
Beds3
Baths3
SqFt2,475

Status:Active
Property Type:Residential
School:
One or more photo(s) has been virtually staged. Estate property, the Heirs are Motivated Sellers, bring all offers. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. The association will repair 6th 6th-floor balcony after engineering bids are completed. A Rare Two-Story Waterfront Penthouse First Time Offered in 37 Years. Discover the pinnacle of Florida waterfront living in this rarely available, two-story corner penthouse at Regatta Point, perfectly situated in the heart of the Palmetto Historic District. From the moment you arrive, you’ll be captivated by sweeping panoramic views of the Regatta Point Marina, the Manatee River, and the Bradenton skyline. Designed for both grandeur and comfort, the dramatic two-story foyer with its elegant staircase sets the tone. A charming, hidden wet bar offers a touch of vintage sophistication, leading into the spacious living room and the first of three private balconies overlooking the water. The formal dining room also boasts river views, while the large kitchen features a generous pantry and an adjacent laundry area for convenience. The first floor offers a private ensuite bedroom with balcony access, a flexible third bedroom or den, and a powder room for guests. Upstairs, the expansive owner’s suite over 700 square feet, features dual vanities, a jacuzzi tub, a separate shower, two walk-in closets, and a substantial private storage room. Exclusive second-level access is available from the building’s sixth floor. Recent upgrades include, 2023 PGT impact sliding doors in the living/dining area, 2022 Second-floor A/C, 2020 PGT impact sliding doors & bath window in the owner’s suite. From your front-row vantage point, enjoy year-round events like the Bradenton Area River Regatta, 4th of July fireworks, and concerts at Sutton Park, plus easy access to boating, dining, shopping, and Gulf beaches. Tampa, St. Pete, and Sarasota are just a short drive away. This residence did sustain storm damage and has been fully remediated by the estate, presenting a unique opportunity to reimagine the interiors to your exact vision. Priced to allow for complete renovation by the new owner. Schedule your private showing today and explore the limitless possibilities of this one-of-a-kind penthouse retreat.

Listing provided by: RE/MAX ALLIANCE GROUP, Gregory Zies, LLC

Source: Stellar MLS, MLS#: A4649355

Price $300,000
Bedrooms 3
Full Baths 2
Half Baths 1
Total Baths 3
Property Style Florida
Lot Size Area 36691
Lot Size Area Units Square Feet
Acres 0.84
Property Type Residential
Sub type Condominium
MLS Sub type Condominium
Features Eating Space In Kitchen, Thermostat, Walk-In Closet(s)
Exterior Features Sliding Doors, Storage
Year Built 1984
Subdivision REGATTA POINTE PH I
View Water
Roof Metal
Waterfront MANATEE RIVER
Heating Electric
Foundation Slab
Lot Description Level, Near Marina, Near Public Transit
Laundry Features Laundry Closet
Parking Description Assigned, Ground Level, Under Building
Garage spaces 2
Association Name Dennis Parks
Association Amenities Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
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 building
County Manatee
Latitude 27.512552
Longitude -82.576362
Market Area 34221 – Palmetto/Rubonia
Address 1000 RIVERSIDE DRIVE #B501, PALMETTO, FL 34221
Unit B501
Postal Code 34221
City PALMETTO
State FL
Country United States
Listing Office RE/MAX ALLIANCE GROUP
Listing Office Phone 941-758-7777
Listing Agent Gregory Zies, LLC
Listing Agent Phone 941-779-3081
Special listing conditions None
Ownership Condominium
Terms Cash, Conventional
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/A4649355
Days on market 229
MLS Status Active
Listing Date Apr 21, 2025
Listing Last Modified Dec 6, 2025
Tax ID 3122102100
Tax Year 2024
Tax Annual Amount 12438
MLS Area 34221 – Palmetto/Rubonia
MLS # A4649355

Tour this home

Please provide your preferred method of contact below, and one of our agents will be in touch shortly.

This field is hidden when viewing the form

Similar Properties

Find similar properties to 1000 RIVERSIDE DRIVE #B501, PALMETTO, FL 34221