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$285,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,675 Sq. Ft.
  • Updated 9 days ago
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Under contract-accepting backup offers. One or more photo(s) has been virtually staged. CASH ONLY! Step into a timeless classic filled with warmth, character, and charm. This historic property has gracefully stood the test of time and is ready for its next chapter. Welcome to the "Castles by the Sea," a rare opportunity to own two 1925 homes in the heart of Historic Palmetto. Nestled on a generous lot, these castle-like residences combine enduring character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main home exudes vintage charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that blend historic appeal with modern potential. With one bedroom and one bathroom, it provides the perfect canvas to embrace 1920s elegance while adding your personal touches and contemporary updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom, ideal for guests or rental income. Free from rental restrictions, this property allows for short-term rentals, making it a lucrative opportunity for investors or homeowners seeking flexibility. Perfectly situated just minutes from the scenic Manatee River, local dining, shopping, and entertainment, and within easy reach of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" offer the perfect balance of historic charm and modern convenience.

Full Property Details for 1406 5th St W

General

  • Price: $285,000
  • Taxes: $3,667 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4644271
  • Updated: 1/9/2026
  • Added to Site: 311 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 5
  • Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Window Treatments
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate, Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: French Doors, Private Mailbox
  • Deck/Patio: Covered, Enclosed, Front Porch, Rear Porch
  • Porch/Patio/Deck: Covered, Enclosed, Front Porch, Rear Porch

Parking

  • Parking Features: Driveway

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: OAKDALE SQUARE
  • Driving Directions: From I-75, take Exit 224 (US-301) W towards Palmetto. Follow US-301 and then continue onto 10th St W. Turn left onto 14th Ave W. then make a right onto 5th St W and destination is second property on the right.
  • Direction Faces: South

School Information

  • Elementary School: Palmetto Elementary-MN
  • Middle School: Lincoln Middle
  • High School: Palmetto High

Community

  • Community Name: 34221 - Palmetto/Rubonia

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

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

Structural Information

  • Architectural Info: Historical
  • Architectural Style: Historical
  • Exterior Const.: Stone
  • Roof: Concrete, Other
  • Windows: Window Treatments
  • Stories/Levels: One
  • Square Feet: 1,675
  • Sq. Ft. Source: Public Records
  • Year Built: 1925

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,438
  • Lot Size: 13438
  • Lot Dimensions: 96 x 140
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $3,667.28
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOTS 19, 20 OAKDALE SQUARE PI#29179.0000/9
  • Flood Zone Info: AE
  • APN: 2917900009
  • Property ID: 2917900009

Listed by Kw Coastal Living Iii

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Listing agents

— 1406 5th St W —

  • Kw Coastal Living Iii

  • Kw Coastal Living Iii

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1406 5th St W

School District:Manatee County School District
NameGradesDistance
Palmetto Elementary School, Palmetto, FL
1540 10th Street West, Palmetto, FL 34221
PK-50.5 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-121.1 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 1406 5th St W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2025
Price Reduced
$285,000
-13.64%
MLS
8/07/2025
Price Reduced
$330,000
-10.81%
MLS
4/18/2025
Price Reduced
$370,000
-7.5%
MLS
3/13/2025
Listed
$400,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1406 5th St W

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,667
154%
$169,557
72%
2023
$1,444
16%
$98,706
22%
2021
$1,245
-8%
$80,685
-14%
2022
$1,358
9%
$93,565
4%
2021
$1,245
6%
$89,754
7%
2017
$1,180
—
$83,811
6%
2017
$1,180
-13%
$79,093
-7%
2019
$1,356
6%
$85,327
14%
2016
$1,279
3%
$74,664
3%
2015
$1,242
-19%
$72,394
18%
2014
$1,525
-11%
$61,180
-13%
2013
$1,721
—
$70,449
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Kw Coastal Living Iii

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1406 5th Street W, Palmetto, FL 34221 (MLS# A4644271) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1406 5th Street W is currently listed for $285,000 and was received on March 13, 2025. Want to learn more about 1406 5th Street W? Do you have questions about finding other Single Family real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

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