505 Sally Lee Drive

Ellenton, FL 34222 — Manatee County — Ibis Isle Neighborhood

Residential  $698,000  Active  Listing# TB8433762  

2 beds    2 baths    1392 sqft    Lot size: 13809 sqft    0.32 acres    1992 build   

 



  Showing Request        
Updated: 11-05-2025 07:43am

  Property Description

Live in it, use it as a vacation rental or both! This Key West-style waterfront home in Ibis Isle in Ellenton offers a rare blend of coastal charm and modern updates. Perched on stilts with 83 feet of saltwater canal frontage, the property provides direct access to the Manatee River and sits less than 10 miles from the Gulf Coast. The open floor plan is flooded with natural light from skylights, hurricane-resistant windows, and sliding doors, creating a bright and airy ambiance throughout over 1,390 square feet. The kitchen features stone counters and a wine refrigerator, while the primary suite opens to walk-in closets. Step outside to your private pool (installed 2016) surrounded by paver driveway and lush landscaping, or relax on the expansive wrap-around porch (rebuilt 2018). The concrete dock is equipped with electric, water supply, and a fish cleaning station—perfect for fishing enthusiasts. Recent updates include a new roof, insulation, and pool pump (2024), plus new AC and water heater (2020). With no HOA fees or deed restrictions, this third-acre property offers freedom, flexibility, and endless opportunities for waterfront living.

  Listing Details

Property Type 
Residential
Listing# 
TB8433762
Source 
Stellar (Altamonte, FL)
Last Updated 
11-05-2025 07:43am
Status 
Active

  Property Details

Property Subtype 
Single Family Residence
Sold Price 
$698,000
Original Price 
$699,000
Location 
Ellenton, FL 34222
SqFT 
1392
Year Built 
1992
Acres 
0.32
Bedrooms 
2
Bathrooms 
2

  Map

  Property Level and Sizes

SqFt Lot 
13809
Lot Size 
0.32

  Financial Details

Previous Year Tax 
7211.95
Year Tax 
2024

  Interior Details

Interior Features  
Ceiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Flooring  
Ceramic Tile, Hardwood
Cooling  
Central Air
Heating  
Central, Electric
Utilities  
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected

  Exterior Details

Features  
Awning(s), Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage
Water  
Public
Sewer  
Public Sewer

  Garage & Parking

Parking Features  
Circular Driveway, Driveway

  Exterior Construction

Roof  
Shingle
Construction Materials  
Wood Frame
Exterior Features  
Awning(s), Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage
Builder Source 
Public Records

  Land Details

  Schools

Elementary School 
James Tillman Elementary
Middle School 
Lincoln Middle
High School 
Palmetto High

  Walk Score®


 

  Listing Media

Virtual Tour 
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  Contact Agent

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