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Property Description
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
Full Property Details for 1406 5th St W
General
- Sold For: $250,000
- Taxes: $3,667 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4644271
- Added to Site: 356 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
- Living Area: 1,675 Sq. Ft.
- 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
Sold by Matthew Guthrie and Associates Realty Llc
Get Pre-Approved Today
Schools
Schools serving 1406 5th St W
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Palmetto Elementary School, Palmetto, FL 1540 10th Street West, Palmetto, FL 34221 | PK-5 | 0.5 mi |
Palmetto High School 1200 17th Street West, Palmetto, FL 34221 | 9-12 | 1.1 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
Date
Details
Price
Change
Source
2/04/2026
Sold
$250,000
-12.28%
MLS
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
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1406 5th Street W, Palmetto, FL 34221 (MLS# A4644271) is a Single Family property that was sold at $250,000 on February 04, 2026. 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.

