Description of 505 Sally Lee Dr, Ellenton, FL 34222
Listing details for 505 Sally Lee Dr, Ellenton, FL 34222 : ***GREAT NEW PRICE*** 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.
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Listing Updated : 12-24-2025 at 6:22 AM EST
Listing Provided By : Benjamin Whetstone, 888-883-8509, EXP REALTY LLC
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8433762
Property Details
Overview
Status
Active
MLS #ID
MFRTB8433762
Price
$649,900
Bedrooms
2
Bathrooms
2
Square Footage
1,392
Acres
0.32
Year
1992
Days on Site
109
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$467
Date Listed
Oct 2, 2025
Community Information for 505 Sally Lee Dr, Ellenton, FL 34222
Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s) and Window Treatments
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer and Wine Refrigerator
Heating
Central and Electric
Cooling
Central Air
Fireplace
No
Exterior
Exterior
Awning(s), Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered and Storage
Roof
Shingle
Foundation
Stilt/On Piling
HOA
Has HOA
None
Additional Information
Styles
Price per Sq Ft
$467
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Based on information submitted to the MLS GRID as of 2026-04-11 at 2:02 p.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information