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505 18th Avenue W, Palmetto, FL 34221
$470,000 Sale Pending
505 18th Avenue W, Palmetto, FL 34221View this property at 505 18th Avenue W, Palmetto, FL 34221
505 18th Avenue WPalmettoFL34221
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Property Description
Under contract-accepting backup offers. A completely updated, like-new investment property in the heart of historic Palmetto. The charm of this three-bedroom, two-bath residence is undeniable, with its prime location just a stone's throw from the picturesque Manatee River. Presented turnkey furnished, this residence is ready for immediate enjoyment, making it an attractive option for prospective buyers seeking comfort and convenience. Completely renovated in 2023, this includes, a new roof, tankless water heater, all new electrical, all new plumbing, new appliances and the list goes on! This home has been meticulously transformed into an inviting vacation rental, offering guests a delightful retreat and potential for income. But the appeal doesn't stop there. The property also includes an extra lot, providing ample space for potential future development, whether it's adding a pool or constructing a secondary dwelling. While the lot cannot be divided or sold separately, its presence adds to the overall value and potential of the property. And with its short-term, two-night minimum rental arrangement, it offers an investment opportunity for those looking to capitalize on the vacation rental market. Convenience meets tranquility in this ideal location, with the Safe Harbor Marina and the acclaimed River House Waterfront dining just a five-minute drive. Surrounded by an array of parks in Palmetto nearby, outdoor enthusiasts will find plenty to explore right at their doorstep. And with St. Petersburg just a short 20-minute drive and the captivating Bradenton Beach in easy reach, there's no shortage of entertainment and adventure awaiting guests. This property offers a seamless blend of comfort, convenience and potential for residents and guests alike, making it a source of pride and excitement for the proud new owner. Rental history available. What are you waiting for?
Full Property Details
Full Property Details for 505 18th Ave W
General
- Price: $470,000
- Taxes: $3,463 (2023)
- Status: Pending
- Type: Single Family
- MLS ID: A4611498
- Updated: 6/10/2024
- Added to Site: 24 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 5
- Interior Features: Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Courtyard, Lighting, Private Mailbox
- Deck/Patio: Front Porch, Patio
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Parking Features: Driveway, On Street
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: PARRISH ADD TO PALMETTO
- Driving Directions: Head northwest on US-41 N toward 18th St W. Continue straight to stay on US-41 N. Turn left onto 6th St W. Continue onto US-301 N. Turn right onto 10th St W. Turn left onto 8th Ave W. Turn right onto 17th St W. Turn left onto 5th Ave W. Turn right onto 18th St W. destination on the left.
- Direction Faces: East
School Information
- Elementary School: Palmetto Elementary-MN
- Middle School: Lincoln Middle
- High School: Palmetto High
Community
- Community Name: 34221 - Palmetto/Rubonia
- Community Features: Fishing, Marina, River, Restaurant
- Number of Pets: 10
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Florida
- Architectural Style: Florida
- Exterior Const.: Concrete
- Roof: Shingle
- Windows: Drapes, Impact Glass/Storm Windows, Window Treatments
- Stories/Levels: One
- Square Feet: 1,022
- Sq. Ft. Source: Public Records
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,552
- Lot Size: 11552
- Frontage: Private Road
- Street/Road Desc.: Paved
- Fencing (Description): Other, Vinyl
Water Features
- Water Access: Yes
- Water Access Desc: Marina, River
Financial Considerations
- Tax Amount: $3,463
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: N 70 FT OF LOT 6 BLK 3 JOHN PARRISH ADD PI#28748.0000/2
- Flood Zone Info: AE
- APN: 2874800002
- Property ID: 2874800002
- Block/Lot/Section: 3
Listed by Premier Sothebys Intl Realty
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Schools
Schools serving 505 18th Ave W
School District:Manatee County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1540 10th St W, Palmetto, FL 34221 | PK-5 | 0.5 mi | |
Lincoln Memorial Middle School
305 17th St E, Palmetto, FL 34221 | 6-8 | 1.7 mi | |
1200 17th St W, Palmetto, FL 34221 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 18th Ave W
Date
Details
Price
Change
Source
5/23/2024
Listed
$470,000
141.03%
MLS
9/09/2022
Sold
$195,000
—
Public Record
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
Tax History for 505 18th Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,463
25%
$169,638
27%
2022
$2,771
1272%
$133,259
172%
2021
$202
—
$48,913
1%
2021
$202
10%
$48,238
2%
2019
$184
10%
$47,153
2%
2017
$168
—
$46,274
2%
2017
$168
4%
$45,322
2%
2016
$162
5%
$44,390
1%
2015
$155
4%
$44,081
1%
2014
$149
2%
$43,731
1%
2013
$146
—
$43,085
—
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
Estimate the Cost for 505 18th Ave W
505 18th Avenue W, Palmetto, FL 34221 (MLS# A4611498) is a Single Family property with 3 bedrooms and 2 full bathrooms. 505 18th Avenue W is currently listed for $470,000 and was received on May 23, 2024. Want to learn more about 505 18th 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.