Back 4916 Palmetto Point Drive
Off Market

4916 Palmetto Point Drive

Memphis FL 34221

5
3
2
3835 sq. ft.
9426 sq. ft.
Single-Family
Last sold for $670,000
Lisa Grabenhorst ReesLisa Grabenhorst Rees, last sold this property on 30 April 2026 after 328 days on market.

Overview

Welcome to Palmetto Point — Your Dream Home Awaits! NEW IMPROVED PRICE. SELLERS ARE INSTALLING NEW AC for buys peace of mind. It's in permitting now. All designer furniture and household items are included if full price offer is accepted and closed by February 15th 2026. Discover this absolutely stunning, move-in ready 5-bedroom, 3-bathroom pool home situated on a spacious corner lot in the highly sought-after community of Palmetto Point. Lovingly updated and freshly painted inside and out, this residence boasts custom wood floors upstairs, abundant natural light, and a thoughtfully redesigned interior perfect for family living and entertaining. Step into the brand-new kitchen featuring modern cabinetry, new stainless steel appliances including a gas range, and durable vinyl flooring. Upstairs, enjoy a large open-concept great room, three comfortable bedrooms, and two beautifully updated bathrooms. Relax and take in breathtaking sunsets from the front balcony deck or unwind on the expansive backyard deck overlooking the sparkling pool through elegant French doors. The versatile downstairs level offers two additional bedrooms, a full bathroom, a kitchenette, a large game/family room, plus a bonus room — providing plenty of space for guests, hobbies, or a home office. For the adventure seekers, there’s ample room to store your boat, RV, and more, with a 2-car garage. Enjoy the benefits of NO CDD fees and NO deed restrictions — just minimal unincorporated county rules, with an optional community membership for access to the boat ramp and clubhouse. Ideally located with easy access to I-275 and I-75, you’ll have a convenient commute to St. Petersburg, Tampa, Bradenton, or Sarasota. Plus, you’re just minutes away from the Ellenton Outlet Mall, local restaurants, shopping, and some of Florida’s most beautiful Gulf beaches. Nature lovers will appreciate the quick 20-minute drive to Robinson Nature Preserve, and beachgoers will love being only 22 minutes from St. Pete and Anna Maria Island. Don’t miss out on this exceptional home — easy to show and ready for you to move in. Call today to schedule your appointment!

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3835 sq. ft. floor area
9426 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 4916 Palmetto Point Drive is $405k.

Median value
$405k
Estimated value range
$180k - $1.54m
Median days on market
38
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4916 Palmetto Point Drive

2026
Sold
$670,000
30 Apr 2026 by Lisa Grabenhorst Rees, of FLORIDA REALTY
2022
Sold
$605,000
27 Sep 2022 by Tim Lester, of TIM LESTER INTERNAT'L REALTY

Happy sellers in Memphis

82%
82% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Memphis over the last 12 months.

Local market activity for 5 bedroom single-family properties in Memphis

In the last 12 months, 69 five-bedroom single-family properties similar to 4916 Palmetto Point Drive, have been sold.

This represents a 54% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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