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$370,400
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Property Description
Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026. Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking. Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
Full Property Details
Full Property Details for 416 40th St E
General
- Sold For: $370,400
- Taxes: $4,529 (2025)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4690441
- Added to Site: 64 day(s) ago
Rental Information
- Lease/Rent Term: 24 Months
Interior
- Interior Features: Ceiling Fan(s), Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Fenced
- Deck/Patio: Patio, Screened
- Porch/Patio/Deck: Patio, Screened
Parking
- Parking Features: Driveway
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: PALMETTO COUNTRY CLUB ESTATES FIRST UNIT
- Driving Directions: FROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT
School Information
- Elementary School: Palm View Elementary
- 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: Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,944
- Sq. Ft. Source: Public Records
- Living Area: 1,944 Sq. Ft.
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,627
- Lot Size: 9627
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $4,529.23
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 56, BLK 3, PALMETTO COUNTRY CLUB ESTATES FIRST UNIT PI#22791.0005/7
- Flood Zone Info: X
- APN: 2279100123
- Property ID: 2279100123
- Block/Lot/Section: 3
Listed by Dalton Wade Inc
Sold by Gulf Sands Realty, Llc
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Schools
Schools serving 416 40th St E
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Palm View Elementary School 6025 Bayshore Road, Palmetto, FL 34221 | PK-5 | 1.2 mi |
Palmetto High School 1200 17th Street West, Palmetto, FL 34221 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 40th St E
Date
Details
Price
Change
Source
6/12/2026
Sold
$370,400
-3.54%
MLS
4/17/2026
Listed
$384,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 40th Street E, Palmetto, FL 34221 (MLS# A4690441) is a Duplex property that was sold at $370,400 on June 12, 2026. Want to learn more about 416 40th Street E? Do you have questions about finding other Duplex real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

