$699,000
505 SALLY LEE DRIVE
ELLENTON, FL, 34222
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.
Property Details
Price:
$699,000
MLS #:
TB8433762
Status:
Active
Beds:
2
Baths:
2
Address:
505 SALLY LEE DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
IBIS ISLE
Neighborhood:
34222ellenton
City:
ELLENTON
Listed Date:
Oct 2, 2025
State:
FL
Finished Sq Ft:
1,392
Total Sq Ft:
2,684
ZIP:
34222
Lot Size:
13,809 sqft / 0.32 acres (approx)
Year Built:
1992
Schools
Elementary School:
James Tillman Elementary
Middle School:
Lincoln Middle
High School:
Palmetto High
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central, Electric
Laundry Features
Inside
Exterior
Construction Materials
Wood Frame
Exterior Features
Awning(s), Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage
Parking Features
Circular Driveway, Driveway
Roof
Shingle
Financial
Tax Year
2024
Taxes
$7,212
Mortgage Calculator
Map
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505 SALLY LEE DRIVE
ELLENTON, FL
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