1000 Riverside Drive B501, PALMETTO, FL

$390,000

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3

Beds

3

Baths

2,475

Square feet

0.84

Acres

About 1000 Riverside Drive B501

One or more photo(s) has been virtually staged. Motivated Sellers, bring all offers. Milestone inspections are complete, and both buildings have passed; any required repairs will be completed over the next year. 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.

Features of 1000 Riverside Drive B501

MLS® # A4649355
Price $390,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 2,475
Acres 0.84
Year Built 1984
Type Residential
Sub-Type Condominium
Style Florida
Status Active

Community Information

Address 1000 Riverside Drive B501
Area Palmetto/Rubonia
Subdivision REGATTA POINTE PH I
City PALMETTO
County Manatee
State FL
Zip Code 34221-5097

Amenities

Amenities Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
Parking Assigned, Ground Level, Under Building
# of Garages 2
View Water
Is Waterfront No
Has Pool No

Interior

Interior Features Eating Space In Kitchen, Thermostat, Walk-In Closet(s)
Appliances Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Washer
Heating Electric
Cooling Central Air
Fireplace No
# of Stories 2

Exterior

Exterior Features Sliding Doors, Storage
Lot Description Level, Near Marina, Near Public Transit
Roof Metal
Foundation Slab

Additional Information

Date Listed April 21st, 2025
Days on Market 166
Zoning CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX ALLIANCE GROUP

Listing Map

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