$423,922Average Value$240Average Price per Sq Ft38Homes For Sale
Bayside, suburban living north of Palmetto
Just a few miles north of Palmetto, Florida, Memphis is a peaceful, suburban neighborhood made up of residential, private and retirement communities. Compared to surrounding neighborhoods that are being developed at a rapid pace, Memphis remains a "Beautiful area with nearby access to beaches on the Gulf of Mexico and parks along the Terra Ceia Bay," says Greg Owens, a lead listing agent with Keller Williams on the Water. "It has small-town feel," Owens adds, and local civic associations, like that of Palmetto Point, are active participants in their communities. "Neighbors look out for each other," says Owens, "And people love living here. The homes are by the water and it's easy to get around." Featuring quiet neighborhood streets and cul-de-sacs lined with pristine waterfront homes, residents of Memphis are only a short drive away from Palmetto and have plenty of access to undisturbed "Old Florida"--meaning untouched natural areas along the coast. Despite maintaining a serene, laid-back vibe, Memphis is bordered by highways U.S. Route 19 and U.S. Route 41, which provides residents with quick access to the surrounding areas of St. Petersburg and Sarasota.
Diverse neighborhoods close to Terra Ceia Bay
Housing options in Memphis can be found in several diverse neighborhoods, each of which showcases a variety of architectural styles. Throughout this suburban community, neighborhood streets don't feature sidewalks and palm trees are common. Residents will find everything from groups of manufactured homes to colorful ranch- and Spanish revival-styles to large waterfront estates that overlook the Terra Ceia Bay. With an average sales price of $395,000, homes cost slightly less in Memphis than those in nearby Palmetto. Buyers can expect to find manufactured homes selling for $130,000, while more established, double-wide manufactured homes sell for around $200,000. Three-bedroom, single-family homes can be found for $325,000 and often feature traditional and Spanish revival stylings, with columned exteriors and red-tiled roofs. Homes in communities like Palmetto Point often have private waterfront access and price points can range from the mid $700,000s to upwards of a million dollars. With panoramic bayside views, these homes often feature striking architecture, paired with half- to multi-acre lots and their own private docks.
Lagoons lined with homes adorn the western shores of Memphis.
The homes in Spanish Point exude warmth and Old World charm.
Double wides with well kept landscaping line the streets of Skyway Village in Memphis.
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Manatee County public schools nearby
Students in Memphis are served by the Manatee County School District, which ranks 25th out of the 67 school districts in Florida and receives an overall rating of B-plus from Niche. Elementary and middle school students can attend Palm View K-8 School, which received a rating of C-plus from Niche. Three miles away, Palmetto High serves older students in the area and receives a B-minus rating from Niche. In 2022, Palmetto High received 8 nominations for The Golden Herald Award from Manatee Memorial Hospital. This award is granted to high school seniors who show exemplary service to their school and community. Students in Grades 6 through 12 can also attend the Manatee School for the Arts. With the motto "Live the arts," this charter school boasts a 97% graduation rate and offers programs in music, dance, the digital arts and more.
Cheer on the Fightin' Tigers on game night at the Palmetto High stadium.
Educational Harbor Christian School opened its doors in January of 2016.
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Heading outdoors near the Tampa Bay
Whether relaxing by a private dock or stopping by Sea Breeze Point, the Terra Ceia Bay is a great place to spend time outside in Memphis. From fishing to boating and swimming, the water is never far away here. One popular place to enjoy is Emerson Point Preserve. Situated on the western end of Snead Island, right where the Tampa and Terra Ceia bays converge, this park is great to explore and take in the undisturbed Florida habitat. The preserve offers beaches, wildlife, boardwalks, walking trails and even a Native American historic site. Nearby, Blackstone Park, located directly across from Palmetto High School, is another place where residents can gather. This area offers athletic fields, a playground and a skate park for those who want to practice their ollies.
Stop by Sea Breeze Point on Terra Ceia Bay for some great fishing.
Private docks are common at homes near the shores of Terra Ceia Bay in Memphis.
The Palmetto Point Association has picnic areas, a dock, and boat ramp available to members.
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Local shopping and dining in Palmetto
For shopping and dining options, residents of Memphis can stay local, or head over to the neighboring communities of Sarasota, Bradenton or St. Pete for additional retailers. For something to eat, locals can pick up an order of freshly made tacos from Tacos La Pasadita, a popular local food truck. Or stop by Peggy's Corral, a biker-friendly bar with a vibrant atmosphere, live music and pool tables where motorcycle enthusiasts can challenge one another to a game or two. Another popular spot is the Sea Hut Restaurant. This local establishment, which sits right along the Terra Ceia Bay, offers fresh seafood entrees, like their signature shrimp and scallop tacos paired with ice cold drinks. For groceries and the everyday essentials, residents can explore Palmetto and supermarkets like Aldi and Detwiler’s Farm Market, for fresh produce and local seafood options.
Shrimp and scallop tacos is a signature dish at Sea Hut in Memphis.
Peggy's Corral has a vibrant atmosphere, live music, and community of motorcycle enthusiasts
Tacos La Pasadita serves residents of Memphis authentic Mexican cuisine.
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Route 41 runs through Memphis and bridges the bay to Terra Ceia.
Tampa area destinations along Interstates 75 and 275
Just north of Palmetto, the community of Memphis is conveniently located between the popular destinations of St. Petersburg, Tampa and Fort Myers. Connected by major interstates like I-75 and I-275; and locally, by Route 41 and the Skyway Bridge, residents can easily cross the Manatee River into Bradenton or head to Tampa Bay to the beaches of St. Pete. The nearest hospital is HCA Florida Blake Hospital, which is just 10 minutes away in Bradenton and the closest airport is Sarasota Bradenton International Airport.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jessica Ross, PA,
an experienced agent in this neighborhood.
Parks in this Area
Emerson Point Preserve
Fishing
Kayak/Canoe
Hiking
Blackstone Park
Baseball/Softball
Dog Park
Picnic Area
Madira Bickel Mound State Archaeological Site
Picnic Area
Trails
Lamb Park
Basketball
Picnic Area
Tennis
Terra Ceia Preserve State Park
Boating
Fishing
Kayak/Canoe
Felts Audubon Preserve
Transit
Airport
Sarasota/Bradenton International
23 min drive
Bus
Us 41 S & 49th St E
Bus
26th St W & Us 41 (Holy Cross)
Crime and Safety
1 - Low Crime, 10 - High Crime
Memphis
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
2
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Memphis, Palmetto sell after 86 days on the market compared to the national average of 47 days. The average sale price for homes in Memphis, Palmetto over the last 12 months is $330,717, down 14% from the average home sale price over the previous 12 months.
NEW PRICE ALERT! Welcome to a boater’s paradise in the charming Bay Colony community! This newly updated WATERFRONT home offers a blend of modern elegance and timeless charm. Built in 1965, this two-bedroom, two-bath gem spans 1,519 square feet and sits directly on a DEEPWATER canal with NO BRIDGES to Terra Ceia Bay, providing direct access to the Gulf of Mexico right outside your door. This
Welcome to this charming 2-bedroom, 2-bathroom villa nestled in the sought-after Villas at Oak Bend community. This home offers an inviting atmosphere with an abundance of natural light streaming through large windows, highlighting the stunning tiled floors that flow seamlessly throughout the main living areas.The spacious master bedroom features an attached en-suite bath, complete with a
Experience breathtaking sunsets every evening from your custom-built, modern Key West-style waterfront home in the exclusive, gated community of Terra Ceia Bay Estates, featuring only ten residences. Arrive by boat via Tampa Bay's open waters to your private 90-foot dock with a 20,000-pound boat lift, or park in your expansive five-car garage equipped with ample storage. An elevator conveniently
This crisply maintained and well-loved VILLA is beautifully hidden in the rear of an older community. The moment you enter this serene, private community, you’ll understand why the sellers fell in love with the location. Just minutes from US-19 and US-41, this villa offers easy access to beaches, airports, shopping, and dining, making it the perfect blend of peaceful living and prime location.
Unlock the potential of this 4-bedroom, 2.5-bath investor-friendly home situated on the largest lot in Palmetto Point! With a new roof (2024) and impact windows (2019) already in place, this as-is property offers a major head start for your next flip or rental investment. The interior was affected by flooding but has been professionally remediated and flood cut, leaving a clean slate for a buyer
One or more photo(s) has been virtually staged. Welcome to a boater's paradise! Your next home is located on a wide, deep canal, with direct access and with no bridges to Tampa Bay or The Gulf. This home has a band new seawall, boat dock, and boat lift installed in 2022, and a new concrete tile roof just installed in 2025. There is a 40 gallon water heater new in 2014 and the new vinyl plank
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
Short-Term Rental in Palmetto Point – Available June 1st through November 30th. This move-in ready 3-bedroom, 2-bath home is located in the charming community of Palmetto Point. Offering a split floor plan and spacious layout, it’s the perfect place to settle in for the season. Available as a short-term rental, this home is ideal for those seeking flexibility and comfort through the end of
Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2484.90. That covers your base rent, $2340.00 + our required services designed to make your life easier: Air filter delivery ($9.95), Internet
Interested in learning more about homes in this area?
Reach out to
Jessica Ross, PA,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,234
Median Age
50
Population Density
6 ppl/acre
Population under 18
18.7%
Below the national average
23.8%
Population over 65
30.3%
Above the national average
19.1%
Finances
Median Household Income
$67,217
Below the national average
$71,702
Average Household Income
$83,305
Education and Workforce
High School Graduates
89.6%
College Graduates
30.5%
On par with the national average
34.1%
Advanced Degrees
12.4%
% Population in Labor Force
58.3%
Below the national average
65.1%
Weather
Annual Precipitation
56''
Average Winter Low Temperature
53°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
30/ 100
Car-Dependent
Walk Score®
6/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
