502 16TH AVE E AVENUE E, PALMETTO, FL, 34221
Active9 days on marketListed Oct 1, 2026MLS #A4707075
Come see it
Upcoming open house
Sun, Oct 11
11:00 AM – 2:00 PM
About this home
502 16TH AVE E AVENUE E
Virtually Staged. Welcome to the ultimate Florida waterfront lifestyle. Tucked away on a quiet cul-de-sac in a private marina enclave in Palmetto, this exceptional 3-bedroom, 2.5-bathroom canal home effortlessly blends sleek, modern design with a boater's dream layout. Spanning 1,957 square feet of meticulously planned, single-level living, the residence makes a striking first impression with its crisp, light contemporary facade and beautifully manicured tropical landscaping. Step past the wide paved driveway to the secure front entry, where a premium impact-resistant glass door welcomes you inside while ensuring peace of mind. Built with durability and safety at the forefront, this hurricane-ready home features full impact-rated doors and windows throughout, providing superior storm protection, energy efficiency, and security without compromising on aesthetic appeal. Inside, the home opens into a bright, airy open-concept space defined by soaring volume ceilings, elegant tray details, and modern recessed lighting. The expansive main living area flows naturally into a gourmet kitchen featuring crisp light countertops, high-end finishes, and a massive walk-in pantry that provides exceptional storage. The thoughtful layout includes a split-bedroom design, anchored by a massive primary bedroom suite that serves as a true private retreat. The connected primary bathroom features a luxurious walk-in shower and leads into an oversized walk-in closet with ample room for any wardrobe. Out back, the property opens directly onto your personal piece of the canal. With private water access to the Manatee River just steps away, early morning fishing trips or sunset cruises are a daily reality. The backyard offers a massive, blank-canvas footprint that serves as the perfect setup for the future—giving you the ideal foundation to design and add your own custom pool, screened cage, or outdoor kitchen exactly the way you want it. Complete with a pristine two-car garage, this property represents the peak of modern Gulf Coast luxury with room to grow.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,957
Sqft
0.15 ac
Lot size
2
Garage
2021
Year built
One
Levels
$408
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,681 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,681/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+31.4%
$/sqft vs Palmetto actives
$408 vs $203
Days on market
9 vs 79 typical
Where $408/sqft sits among the 400 Palmetto actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palmetto
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
PALMETTO 34221 — neighborhood snapshot
Population
54,923
Median age
46.6
Median income
$74,314
Median home value
$298,200
Avg household
2.63
Households w/ children
4,466
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palmetto market
$359K → $372K
Palmetto median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
238 of 400
Palmetto actives have cut their price
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 113% above the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 502 16TH AVE E AVENUE E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$550,000
1922 6TH ST E · same community
2 bd · 2.5 ba · 1,957 sqft · $281/sqft · 40 DOM
Sold · May ’26$725,000
2009 6TH STREET E · same community
3 bd · 2.5 ba · 2,230 sqft · $325/sqft · 114 DOM
Sold · Sep ’26$750,000
2214 5TH STREET E · same community
3 bd · 2.5 ba · 2,230 sqft · $336/sqft · 117 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 502 16TH AVE E AVENUE E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 502 16TH AVE E AVENUE E — before you fall in love.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
502 16TH AVE E AVENUE E FAQs
What would the monthly payment be for 502 16TH AVE E AVENUE E?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,681/mo — principal and interest, the actual property-tax bill, the $108/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 502 16TH AVE E AVENUE E?+
The association fee works out to $108 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 502 16TH AVE E AVENUE E?+
The most recent tax bill on record (2025) was $9,627. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 502 16TH AVE E AVENUE E?+
The listing reports pets: Cats OK, Dogs OK, Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palmetto?+
At $799,000, this home is listed about 101% above the Palmetto median of $396,999. The market section on this page shows how the area is trending.
Which schools are assigned to 502 16TH AVE E AVENUE E?+
Lincoln Memorial Middle School (middle), Palmetto High School (high), James Tillman Elementary Magnet School (elementary) — Manatee County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ALBERT WOOSTER & COMPANY · Eugene Smith. MLS #A4707075.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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