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$439,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Units
  • 0.24 Acres
See This Home
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See This Home
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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.

Full Property Details for 1117 4th St W

General

  • Sold For: $439,000
  • Taxes: $6,416 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4658934
  • Added to Site: 184 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplace(s): Wood Burning

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Exterior

  • Exterior Features: Balcony, Hurricane Shutters, Private Mailbox

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: MANATEE COUNTY
  • Driving Directions: Take US 41 N. turn left on 4th St.W. Property on the left, S.E. corner of 4th and 12th.

Community

  • Community Name: 34221 - Palmetto/Rubonia

Heating & Cooling

  • Cooling Type: Central Air, Mini-Split Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Square Feet: 1,952
  • Sq. Ft. Source: Public Records
  • Living Area: 1,952 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,237
  • Lot Size: 10237
  • Lot Dimensions: 89 x 115
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $6,416.93
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • 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
  • Flood Zone Info: X
  • APN: 3126100001
  • Property ID: 3126100001

Meet the selling agent

Meet the selling agent
— 1117 4th St W —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1117 4th St W

School District:Manatee County School District
NameGradesDistance
Palmetto Elementary School, Palmetto, FL
1540 10th Street West, Palmetto, FL 34221
PK-50.7 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1117 4th St W

Date
Details
Price
Change
Source
8/04/2025
Sold
$439,000
—
MLS
7/18/2025
Listed
$439,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1117 4th Street W, Palmetto, FL 34221 (MLS# A4658934) is a Multi-Family property that was sold at $439,000 on August 04, 2025. This property was sold by Kara Wootson from our Sarasota Downtown Office.Want to learn more about 1117 4th Street W? Do you have questions about finding other Multi-Family real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.