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1000 Riverside Drive Unit B501

Palmetto, FL 34221

3 beds
3 baths
2,475 sqft
~3/4 acre lot
$222 per sqft
1984 build
– on site

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.

Listing courtesy of STELLAR_MLS / RE/MAX ALLIANCE GROUP

Last checked: Checking… • Last updated Apr 21, 2025 •

MLS# A4649355 —

The Building

Year Built:

1984
New Construction:

false
Architectural Style:

Florida
Construction Materials:

Block
Building Elevator:

true
Levels:

Two
Stories Total:

2
Roof:

Metal
Foundation Details:

Slab
Patio And Porch Features:

Rear Porch
Floor Number:

5
Unit Number:

B501
Building Area Total:

2955
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Eating Space In Kitchen
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

2475
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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
Latitude:

27.512552
Longitude:

-82.576362
Coordinates:

-82.576362, 27.512552

The Property

Parcel Number:

3122102100
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Level
Lot Size Acres:

0.84
Lot Size Area:

36691
Lot Size SqFt:

36691
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

CG
Direction Faces:

North
View:

Water
View:

true
Exterior Features:

Sliding Doors
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X500
Flood Zone Panel:

12081C0164F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Block:

501
Tax Legal Description:

UNIT B501 REGATTA POINTE CONDO PHASE I PI#31221.0210/0
Tax Book Number:

1209-384
Tax Annual Amount:

$12,438

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Laundry Closet

The Community

Subdivision Name:

REGATTA POINTE PH I
Senior Community:

false
Community Features:

Buyer Approval Required
Waterview:

Marina
Waterview:

true
Water Access:

false
Water Body Name:

MANATEE RIVER
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Pet Restrictions:

Follow County leash laws, contact association manager for additional information
# of Pets:

2
Max Pet Weight:

20
Association Amenities:

Cable TV
Association:

true
Association Fee Includes:

Cable TV
Association Fee Requirement:

None
Condo Fees:

1732
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

1732
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Parking Features:

Assigned

Monthly cost estimate

Asking price

$550,000

Expense	Monthly cost
Mortgage	$2,945
Taxes	$1,036
Insurance	$151
Utilities	$157 See report
Total	$4,289/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/21/25 Apr 21, 2025	Listed / Active	STELLAR_MLS	$550,000
5/3/24 May 3, 2024	Listed / Active	STELLAR_MLS

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This condo located in Palmetto, FL 34221 is currently for sale for $550,000. 1000 Riverside Drive Unit B501 is a 2,475 square foot condo with 3 beds and 3 baths that has been on Estately for 0 days. This condo is in the attendance area of Lincoln Memorial Middle School, Palmetto Elementary School, and Palmetto High School.

Listing Courtesy of: STELLAR_MLS and RE/MAX ALLIANCE GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.