5539 2nd Avenue Circle, FL

$549,999

5539 2nd Avenue Circle

Palmetto, FL 34221

Active
0
Baths
0.31
Acres
WaterfrontWater access$41/sqft
Land

Property type

13,504 sqft

Lot size

$41

Price / sq ft

$500/mo

HOA dues

254

Days on market

AE

Flood zone

About this home

Build your dream waterfront home in the exclusive gated community of Terra Ceia Bay Estates, one of the Gulf Coast’s best-kept secrets. With only ten residences in the neighborhood, this rare bayfront homesite offers the privacy, boating access, and location that waterfront buyers are searching for. Featuring 118 feet of direct frontage on Terra Ceia Bay, the property includes a private dock and boat lift with no bridges to Tampa Bay or the Gulf of Mexico. Spend your weekends boating to waterfront restaurants, exploring nearby sandbars, fishing for snook and redfish, or simply enjoying panoramic sunset views from your dock while your custom home comes to life. Unlike many waterfront opportunities in Florida, there are no costly demolition expenses, permitting delays tied to tearing down an older structure, or compromises with outdated floorplans. This blank canvas allows you to design a fully customized elevated coastal residence with the latest in luxury finishes, hurricane standards, smart home technology, and modern waterfront architecture. A survey, environmental reports, and engineered home plans are already available, helping streamline the building process and saving valuable time. While construction progresses, you can still enjoy the boating lifestyle immediately by utilizing your private dock and lift from day one. Residents of Terra Ceia Bay Estates enjoy maintenance-free living with lawn care, irrigation, and a community pool included through the HOA. Ideally positioned near US-19, I-275, and the Sunshine Skyway Bridge, the property offers convenient access to downtown St. Petersburg, Tampa, Sarasota, Anna Maria Island, and Gulf beaches, all within approximately 25 minutes. Waterfront lots with direct bay access, private docks, no-bridge Gulf access, and this level of exclusivity rarely become available in Terra Ceia. This is an opportunity to create a legacy waterfront estate in one of the most unique coastal communities in the Tampa Bay area.

Estimated monthly payment

Principal & interest$2,781
Property taxes$573
Home insurance (est.)$252
HOA dues$500

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history254 days on market

  1. Status: Active
    Nov 20, 2025
  2. Listed$669,000
    Sep 9, 2025
  3. Price reduced$549,999

Facts & features

Property type
Land
Status
Active
Days on market
254
Cumulative DOM
528
Subdivision
Terra Ceia Bay Estates
County
Manatee
Price/sq ft
$41
Lot size
13,504 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE (12081C0154F)
Annual taxes
$6,875 (2024)
Parcel #
2233110556
Zoning
PDRCH
MLS #
A4663830

Interior Details

Direction faces
South

HOA & Financial

HOA fee
$1,500 / Quarterly
Monthly HOA
$500/mo
Total monthly fees
$500/mo
Total annual fees
$6,000
HOA name
Terra Ceia Bay Estates c/o Rob Munns
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Available, Public, Sewer Available, Water Available

Community

Pets allowed
Cats OK, Dogs OK

Listing Details

Listing date
2025-09-09
On market date
2025-09-09
Original list price
$669,000
MLS area
34221 - Palmetto/Rubonia
Listing AOR
Sarasota - Manatee
Status changed
2025-11-20
Tax legal description
LOT 9 TERRA CEIA BAY ESTATES PI#22331.1055/6

Flood risk

High riskFEMA Zone AEPanel 12081C0154F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US19 TO PALMETTO POINT DRIVE- LOCATED AT THE LONG BLOCK WALL- GATE CALL BOX ON THE RIGHT-

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of May 28, 2026 at 12:33 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA