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505 18th Avenue W

Palmetto, FL 34221

3 beds
2 baths
1,022 sqft
11,552 sqft lot
$410 per sqft
1953 build
– on site

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A completely updated, like-new investment property in the heart of historic Palmetto. The charm of this three-bedroom, two-bath residence is undeniable, with its prime location just a stone's throw from the picturesque Manatee River. Presented turnkey furnished, this residence is ready for immediate enjoyment, making it an attractive option for prospective buyers seeking comfort and convenience. Completely renovated in 2023, this includes, a new roof, tankless water heater, all new electrical, all new plumbing, new appliances and the list goes on! This home has been meticulously transformed into an inviting vacation rental, offering guests a delightful retreat and potential for income. But the appeal doesn't stop there. The property also includes an extra lot, providing ample space for potential future development, whether it's adding a pool or constructing a secondary dwelling. While the lot cannot be divided or sold separately, its presence adds to the overall value and potential of the property. And with its short-term, two-night minimum rental arrangement, it offers an investment opportunity for those looking to capitalize on the vacation rental market. Convenience meets tranquility in this ideal location, with the Safe Harbor Marina and the acclaimed River House Waterfront dining just a five-minute drive. Surrounded by an array of parks in Palmetto nearby, outdoor enthusiasts will find plenty to explore right at their doorstep. And with St. Petersburg just a short 20-minute drive and the captivating Bradenton Beach in easy reach, there's no shortage of entertainment and adventure awaiting guests. This property offers a seamless blend of comfort, convenience and potential for residents and guests alike, making it a source of pride and excitement for the proud new owner. Rental history available. What are you waiting for?

Listing courtesy of STELLAR_MLS / PREMIER SOTHEBYS INTL REALTY

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# A4611498 —

The Building

Year Built:

1953
New Construction:

true
Architectural Style:

Florida
Construction Materials:

Concrete
Levels:

One
Roof:

Shingle
Foundation Details:

Block
Window Features:

Drapes
Patio And Porch Features:

Front Porch
Building Area Total:

1050
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Eating Space In Kitchen
Furnished:

Turnkey
Flooring:

Luxury Vinyl
Fireplace:

false

Room Dimensions

Living Area:

1022
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head northwest on US-41 N toward 18th St W. Continue straight to stay on US-41 N. Turn left onto 6th St W. Continue onto US-301 N. Turn right onto 10th St W. Turn left onto 8th Ave W. Turn right onto 17th St W. Turn left onto 5th Ave W. Turn right onto 18th St W. destination on the left.
Latitude:

27.515746
Longitude:

-82.586743
Coordinates:

-82.586743, 27.515746

The Property

Parcel Number:

2874800002
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Features:

Cleared
Lot Size Acres:

0.27
Lot Size Area:

11552
Lot Size SqFt:

11552
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RS3
Direction Faces:

East
View:

false
Exterior Features:

Courtyard
Fencing:

Other
Vegetation:

Trees/Landscaped
Water Source:

None
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Private Road
Flood Zone Code:

AE
Flood Zone Panel:

12081C0164F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

6
Tax Block:

3
Tax Legal Description:

N 70 FT OF LOT 6 BLK 3 JOHN PARRISH ADD PI#28748.0000/2
Tax Book Number:

1-125
Tax Annual Amount:

$3,463

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

Schools

Elementary School:

Palmetto Elementary-MN
Middle Or Junior School:

Lincoln Middle
High School:

Palmetto High

The Community

Subdivision Name:

PARRISH ADD TO PALMETTO
Senior Community:

false
Community Features:

Fishing
Waterview:

false
Water Access:

Marina
Water Access:

true
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
# of Pets:

10+
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$148/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
7/12/24 Jul 12, 2024	Sold	STELLAR_MLS	$420,000	-10.6%
6/10/24 Jun 10, 2024	Pending	STELLAR_MLS	$470,000
5/23/24 May 23, 2024	Listed / Active	STELLAR_MLS	$470,000	141.0% (82.8% / YR)

House Sold on 7/12/2024

$420,000

Listing provided by broker:

Roberta Tengerdy, PA

PREMIER SOTHEBYS INTL REALTY

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Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBYS INTL REALTY.

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.

505 18th Avenue W

Palmetto, FL 34221