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$395,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,693 Sq. Ft.
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Welcome to 502 7th Avenue West, a classic, well-built 3-bedroom, 2.5-bathroom home situated on a spacious corner lot in a quiet Palmetto neighborhood with wonderful neighbors. Designed with a functional layout where every detail has been thoughtfully considered, the home features expansive living space, a large kitchen, a whole-house water filtration system, and a dedicated kitchen reverse osmosis system. The outdoor setup is a real standout, featuring a private backyard with a convenient outdoor shower, no HOA or CDD fees, and an oversized detached 2-car garage offering ample space for vehicles and additional storage. Additionally, RV and boat owners will appreciate the convenience of dedicated parking without deed restrictions, and those with entrepreneurial spirits will find the zoning conducive to running a home-based business. Located just a couple of minutes from the Manatee River and local boat ramps, you are blocks from historic downtown Palmetto with quick access to US-41 and I-75 for easy drives to Bradenton, Sarasota, St. Petersburg, and nearby Gulf beaches-so whether you're searching for a charming forever home, a savvy live/work investment, or a turnkey B&B with an established track record, this one-of-a-kind property delivers it all!

Full Property Details for 502 7th Ave W

General

  • Price: $395,000
  • Taxes: $6,210 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8539476
  • Updated: 8/31/2026
  • Added to Site: 52 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 6
  • Interior Features: Kitchen and Family Room Combination, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • Furnishings: Unfurnished
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Balcony, Outdoor Shower, Private Entrance, Private Yard, Sidewalk

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Boat, Driveway, Garage Door Opener, Oversized, Parking Pad, Workshop in Garage

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: WILLIS ADD TO PALMETTO CONTINUED
  • Driving Directions: To reach the property from US Highway 41 (8th Avenue West), head north into Palmetto—crossing the Manatee River if you're coming from Bradenton—and turn left onto 5th Street West. Drive two short blocks west, and you will immediately see 502 7th Ave West sitting on the northeast corner of 5th Street West and 7th Avenue West.
  • Direction Faces: Southeast

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,693
  • Sq. Ft. Source: Public Records
  • Year Built: 1905

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,784
  • Lot Size: 14784
  • Lot Dimensions: 112 x 132
  • Street/Road Desc.: Asphalt, Brick

Financial Considerations

  • Tax Amount: $6,210
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 3 BLK 3 WILLIS ADD PI#27781.0000/4
  • Flood Zone Info: X
  • APN: 2778100004
  • Property ID: 2778100004
  • Block/Lot/Section: 31

Listed by Mark Spain Real Estate

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Listing agent

— 502 7th Ave W —

  • Mark Spain Real Estate

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 502 7th Ave W

School District:Manatee County School District
NameGradesDistance
James Tillman Elementary Magnet School
1415 29th Street East, Palmetto, FL 34221
PK-52.1 mi
Palm View Elementary School
6025 Bayshore Road, Palmetto, FL 34221
PK-53.7 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-121.1 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 502 7th Ave W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/18/2026
Listed
$395,000
-2.95%
MLS
8/20/2024
Sold
$407,000
—
Public Record
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 502 7th Ave W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,475
145%
$323,064
—
2024
$2,638
3%
$324,017
97%
2023
$2,570
6%
$164,402
6%
2021
$2,424
-2%
$154,436
-3%
2022
$2,470
2%
$159,069
4%
2021
$2,424
13%
$152,304
4%
2017
$2,148
—
$146,104
2%
2017
$2,148
-8%
$143,099
-4%
2019
$2,341
177%
$148,880
84%
2016
$845
—
$80,745
1%
2015
$845
2%
$80,184
1%
2014
$826
13%
$79,548
8%
2013
$732
—
$73,756
—
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.

Estimate the Cost for 502 7th Ave W

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Mark Spain Real Estate

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502 7th Avenue W, Palmetto, FL 34221 (MLS# TB8539476) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 502 7th Avenue W is currently listed for $395,000 and was received on August 18, 2026. Want to learn more about 502 7th Avenue 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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