Record $1.1 Million Waterfront Land Sale in Palmetto’s Historic River District
Another significant waterfront real estate sale has taken place in Palmetto, Florida, highlighting the continued demand for rare waterfront properties along the Manatee River.
Located at 2111 4th Street Court West, Palmetto, FL 34221, this exceptional 0.55-acre waterfront property recently sold for $1,100,000. Featuring approximately 230 feet of direct frontage on the Manatee River, the property offered a rare opportunity to create a custom waterfront estate in one of Palmetto’s most charming and established neighborhoods.
The sale represents another major achievement for Matthew Guthrie & Associates Realty, further strengthening the brokerage’s position as a leader in luxury and waterfront real estate north of the Manatee River.
A Rare Opportunity in Palmetto’s River District
Finding more than half an acre directly on the Manatee River is becoming increasingly difficult, especially within Palmetto’s established residential neighborhoods. What made this property particularly desirable was its combination of substantial waterfront footage, generous lot dimensions, public utilities, and peaceful surroundings.
With approximately 230 feet of river frontage and more than 24,000 square feet of land, the property offered an exceptional setting for a custom-built waterfront residence. The availability of public utilities added to its appeal, providing an advantage for future development.
Palmetto’s River District is known for its mature trees, historic charm, established residences, and beautiful waterfront views. Unlike many newer developments, the neighborhood features an eclectic mix of historic Old Florida homes, renovated properties, and impressive custom waterfront estates.
Residents also enjoy convenient access to downtown Palmetto, Bradenton, Regatta Pointe Marina, and major routes connecting to St. Petersburg, Tampa, Sarasota, and the Gulf Coast beaches.
What This $1.1 Million Sale Means for Palmetto Waterfront Real Estate
The sale of 2111 4th St Ct W demonstrates the significant value of exceptional waterfront land, even without an existing residence. At $1.1 million for 0.55 acres, the transaction represents approximately $2 million per acre, reflecting the premium buyers may place on substantial Manatee River frontage and desirable locations.
For waterfront property owners in Palmetto, Snead Island, Terra Ceia, and surrounding communities, this sale provides another important benchmark when evaluating their real estate. Waterfront values can vary considerably based on river frontage, water depth, lot dimensions, elevation, views, and development potential.
This successful transaction is another example of Matthew Guthrie & Associates Realty’s continued success in North Manatee County’s luxury real estate market. With our office located at Regatta Pointe Marina in Palmetto, we have a strong understanding of the communities, waterfront properties, and unique opportunities that make this area special.
Selling a distinctive waterfront property takes more than placing a sign in the yard. It requires local market expertise, an understanding of waterfront values, targeted exposure, and the ability to connect exceptional properties with qualified buyers.
Whether you own a vacant waterfront lot, a historic River District home, or a luxury estate along the Manatee River, having the right local real estate professional can make a significant difference.
Thinking About Selling Your Palmetto Waterfront Property?
Jordan Chancey is an experienced local Broker Associate specializing in luxury homes, waterfront estates, vacant land, and unique properties throughout Palmetto, Parrish, Snead Island, Terra Ceia, Ellenton, and North Manatee County.
With more than $170 million in career real estate sales and over 450 properties represented, Jordan combines decades of local knowledge with personalized service and proven marketing strategies.
Jordan Chancey | Broker Associate
Matthew Guthrie & Associates Realty
Luxury & Waterfront Real Estate Specialist
Palmetto | Parrish | Snead Island | Terra Ceia
www.FloridaBrokerJordan.com
Follow Jordan Chancey for the latest local real estate news, notable property sales, new developments, community updates, and market insights throughout Palmetto, Parrish, and North Manatee County.
