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Overview

3 bd2 ba1,779 sqft2 car garageSingle Family
TypeSingle Family
HOA$625/mo
Built2009
Lot10,067 sqft
Living area1,779 sqft
Price / sqft$214
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

7005 56th Terrace E is a 2009-built home in Crystal Lakes, Palmetto. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,779 square feet of living space. Listed at $379,900 (about $214/sqft), 112 days on market. HOA runs $625 monthly.

From the listing

Beautifully maintained 3-bedroom, 2-bath waterfront home offering 1,779± square feet of comfortable living space in the desirable Crystal Lakes community of Palmetto. Recent updates include fresh interior paint and updated lighting fixtures, creating a clean, move-in-ready feel throughout. The spacious floor plan features open living and dining areas, abundant natural light, and a private primary suite. Enjoy peaceful water views from the backyard, offering plenty of space to relax, entertain, or simply unwind. Residents of Crystal Lakes benefit from low HOA fees and no CDD fees, helping keep ownership costs affordable while enjoying a well-maintained community setting. Conveniently located near shopping, dining, schools, parks, major roadways, and Gulf Coast beaches, this home offers an excellent combination of value, location, and waterfront living. Whether you're looking for a primary residence, seasonal retreat, or investment opportunity, this move-in-ready waterfront home is not to be missed.

The essentials

Built
2009
Price / sqft
$214
On market
112 days
Annual tax
$4,430
HOA
$625/mo
Lot
10,067 sqft
Type
Single Family Residence

At a glance

Single family
Built 2009
2 car garage
10,067 sqft lot
Lot size
1,779 sqft
Living area

Payment

Est. monthly payment
$3,165/mo
Down payment (20%)
$75,980
Property taxes
$369/mo
HOA
$625/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2009
Lot
10,067 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
112
Annual Tax (2025)
$4,430

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Crystal Lakes
County
Manatee
Lot Size
10,067 sqft
HOA
$625/mo

Price history

Date
Event
Price
-
Price change
Source: Stellar MLS #J1002378
$379,900-7.3%
$214/sqft
6/22/2026
Listed for sale
Source: Stellar MLS #J1002378
$410,000
$230/sqft

Neighborhood

7005 56th Terrace E
Palmetto, FL, 34221

Market insights

Offer Insights

Choose an offer strength

List price: $379,900
$375,000 – $379,900
98.8% – 100% of listTops out right at the list price
80% of listList price
224 of the last 446 home closings in 34221 landed at this number or higher (50%). The median one sat 46 days before it went under contract, and this one is on day 112 after a $30,100 cut.

Sample: 446 closed home sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,165/mo
Principal & interest$1,981
Property taxes$369
Insurance$190
HOA$625
Down payment20% · $75,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$379,900

$214 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,779 sq ft

Time on market

112 days

Year built

2009

Monthly payment

About $3,165/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,430 annual tax bill, insurance, and the $625/mo HOA fee.

HOA fee

$625/mo

Offer

What should I offer?

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Brokered bySTELLAR NON-MEMBER OFFICEListing agent: Non-Member AgentListing data from Stellar MLS, MLS# J1002378.

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