$440,000
$445,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,602 SqFt
SOLD DATE : 12/02/2024
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $274
Subdivision Main Street
MLS Listing ID O6236531
Sold Date 12/02/24
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $3,117
Lot Size 0.330 Acres
Acres 0.33
Property Description
Located in the heart of Palmetto, just minutes from the pier and vibrant downtown, this fully furnished duplex is a rare find for savvy investors. This property offers a total of 4 bedrooms and 3 baths, split into two separate living spaces—a 3-bedroom, 2-bath main house, and a 1-bedroom, 1-bath apartment.
Both units have been tastefully updated and are move-in ready, making this an ideal opportunity for immediate rental income. The versatility of this property is unmatched—rent out both units for maximum ROI, or live in one while generating steady income from the other.
The main house features an open-concept layout with modern finishes, perfect for attracting long-term tenants or vacation renters. The additional 1-bedroom apartment offers a private space for short-term stays, extended family, or a dedicated mother-in-law suite.
Situated near local attractions, shopping, and the waterfront, this duplex is positioned in a high-demand area, ensuring strong occupancy rates year-round. With its central location, turnkey condition, and dual-income potential, this property is an investor's dream come true.
Don't miss out on this lucrative investment opportunity—schedule a viewing today and start capitalizing on the vibrant Palmetto rental market!
Location
State FL
County Manatee
Community Main Street
Zoning RS3
Direction W
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Flooring Luxury Vinyl
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Fence, Irrigation System
Utilities Available Electricity Available
Roof Type Shingle
Porch Patio
Garage false
Private Pool No
Building
Lot Description Corner Lot
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Schools
Elementary Schools Palmetto Elementary-Mn
High Schools Palmetto High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with EXP REALTY LLC
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