132 51st Street Cir E, photo 1
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Overview

2 bd2 ba1,941 sqft1 car garageTownhouse
TypeTownhouse
HOA$655/mo
Built2022
Lot3,494 sqft
Living area1,941 sqft
Price / sqft$167
Garage1 car

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

About this home

Ceiling Fans(s)Eat-in KitchenHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPest Guard SystemPrimary Bedroom Main Floor

132 51st Street Cir E is a 2022-built home in The Cove At Terra Ceia Bay Villas, Palmetto. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,941 square feet of living space. Listed at $324,999 (about $167/sqft), 186 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $655 monthly.

From the listing

Spacious Villa Living in a Prime, Well-Connected Gulf Coast Location Located in The Cove at Terra Ceia Bay, this 2-bedroom + den villa offers a rare combination of space, functionality, and low-maintenance living all just minutes from I-275 and the Sunshine Skyway, providing quick access to Sarasota, St. Petersburg, Tampa, and the world renowned Gulf beaches. The primary suite is generously sized and features a glass-enclosed shower, private water closet, and two closets, including a walk-in. A front den provides flexible use as a home office, media room, or guest space. The split-bedroom layout offers privacy for both residents and visitors. The open concept floor plan seamlessly connects the kitchen, dining, and living areas. The kitchen is equipped with a large granite island with bar seating, 36" shaker cabinets with soft-close hardware, a built-in pantry, and LG stainless steel appliances. Luxury vinyl plank flooring throughout and over 9ft ceilings enhance the home’s bright, open feel. Step outside to a private screened lanai overlooking a lake, offering a peaceful and private setting. A truly special spot to enjoy your morning coffee while watching the Whistling ducks swim by. Ideally positioned near Terra Ceia Bay and the Manatee River, the area is known for its boating access, nearby marinas, and proximity to Anna Maria Island beaches. Enjoy convenient access to downtown St. Petersburg, Tampa, and Sarasota, along with nearby parks, dining, and everyday amenities. The HOA provides true low-maintenance living, covering exterior maintenance, exterior paint, future roof replacement, master insurance, cable, internet, grounds maintenance, escrow reserves, common area taxes, and access to the community pool. Ideal for full-time residents, seasonal owners, or those looking to downsize without sacrificing space or location. Schedule your private showing today!

The essentials

Built
2022
Price / sqft
$167
On market
186 days
Annual tax
$2,694
HOA
$655/mo
Flood zone
X500 · Low risk
Lot
3,494 sqft
Type
Townhouse

At a glance

Townhouse
Built 2022
Water views
Trees/Woods
Community pool
Shared amenity
1 car garage
3,494 sqft lot
Lot size

Payment

Est. monthly payment
$2,737/mo
Down payment (20%)
$65,000
Property taxes
$225/mo
HOA
$655/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
2022
Lot
3,494 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
186
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Pest Guard System
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Walk-in Closet(s)
Window Treatments
Hurricane Shutters
Rain Gutters
Pool
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Palm View Elementary
High
Palmetto High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X500
Annual Tax (2025)
$2,694
Parcel #
2253705709

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
The Cove At Terra Ceia Bay Villas
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
3,494 sqft
LandscapedPaved
HOA
$655/mo
Rhonda Turner

Price history

Date
Event
Price
4/23/2026
Price change
Source: Stellar MLS #TB8491009
$324,999-7.1%
$167/sqft
4/8/2026
Listed for sale
Source: Stellar MLS #TB8491009
$349,999
$180/sqft

Neighborhood

132 51st Street Cir E
Palmetto, FL, 34221 · 34221 - Palmetto/Rubonia

Market insights

Offer Insights

Choose an offer strength

List price: $324,999
$322,500 – $324,999
99.5% – 100% of listTops out right at the list price
80% of listList price
29 of the last 46 townhouse or villa closings in 34221 landed at this number or higher (63%). The median one sat 49 days before it went under contract, and this one is on day 186 after a $25,000 cut.

Sample: 46 closed townhouse or villa sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,737/mo
Principal & interest$1,695
Property taxes$225
Insurance$162
HOA$655
Down payment20% · $65,000
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

$324,999

$167 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,941 sq ft

Time on market

186 days

Year built

2022

Monthly payment

About $2,737/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,694 annual tax bill, insurance, and the $655/mo HOA fee.

HOA fee

$655/mo

Managed by Rhonda Turner.

Flood zone

Zone X500

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOMPASS FLORIDA LLCListing agent: Megan RobinsonListing data from Stellar MLS, MLS# TB8491009.

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