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1117 4th Street W

Palmetto, FL 34221

4 beds
5 baths
1,952 sqft
10,237 sqft lot
$224 per sqft
1910 build
– on site

This fully leased, two-story, five-unit multifamily property is a rare investment opportunity located just one block from Safe Harbor Marina and within 1 mile distance to Palmetto’s charming historic district. Surrounded by waterfront parks, local shops, and popular restaurants, the property is ideally situated to attract long-term tenants and capitalize on the area's continued growth. Each of the five residential units is currently occupied, with all tenants on month-to-month leases, providing consistent income with the flexibility for future rent adjustments or repositioning. The building includes shared laundry facilities for tenant convenience, as well as open parking and a welcoming front porch that enhances the property's curb appeal and communal atmosphere. With a strong rental history and a location that blends coastal living with everyday convenience, this property is perfect for investors seeking steady cash flow and long-term upside. Whether you're expanding your portfolio or entering the multifamily market, this is a turnkey asset in one of Palmetto’s most desirable and walkable neighborhoods. Financials are available upon request. This is a prime opportunity to own income-generating real estate just steps from the waterfront.

Listing courtesy of STELLAR_MLS / ROSEBAY INTERNATIONAL REALTY, INC

Last checked: Checking… • Last updated Jul 19, 2025 •

MLS# A4658934 —

The Building

Year Built:

1910
New Construction:

false
Construction Materials:

Vinyl Siding
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

true
Fireplace Features:

Wood Burning

Room Dimensions

Living Area:

1952
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Take US 41 N. turn left on 4th St.W. Property on the left, S.E. corner of 4th and 12th.
Latitude:

27.513774
Longitude:

-82.577906
Coordinates:

-82.577906, 27.513774

The Property

Parcel Number:

3126100001
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.24
Lot Size Area:

10237
Lot Size SqFt:

10237
Lot Size Dimensions:

89 x 115
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RS3
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1
Tax Legal Description:

BEG 235 FT W & 25 FT S OF NE COR OF U S GOVT LOT 1, SEC 23, THEN S 115.00 FT; S 89 DEG 53 MIN 50 SEC W PARALLEL TO S LN OF 4TH ST, 84.68 FT TO PT OF INTERSEC OF LN, & E LN OF CEDAR ST (12TH AVE), GO N 03 DEG 49 MIN 04 SEC W, ALG E LN OF CEDAR ST, (12 TH AVE) , 115.24 FT TO PT OF INTERSEC OF LN & S LN OF 4TH ST; N 89 DEG 53 MIN 50 SEC E ALG S LN OF 4TH ST, 92.87 FT
Tax Annual Amount:

$6,416.93

Beds

Bedrooms Total:

4

Baths

Total Baths:

5

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4658934
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Common Area

The Community

Subdivision Name:

MANATEE COUNTY
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/18/25 Jul 18, 2025	Listed / Active	STELLAR_MLS	$439,000	96.0% (4.7% / YR)
12/13/04 Dec 13, 2004		STELLAR_MLS	$224,000

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This multifamily located in Palmetto, FL 34221 is currently for sale for $439,000. 1117 4th Street W is a 1,952 square foot multifamily with 4 beds and 5 baths that has been on Estately for 1 days. This multifamily is in the attendance area of Lincoln Memorial Middle School, Palmetto High School, and Palmetto Elementary School.

Listing Courtesy of: STELLAR_MLS and ROSEBAY INTERNATIONAL REALTY, INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.