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$799,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.11 Acres
  • Updated 1 day ago
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Welcome to this beautifully renovated income-producing property in the heart of Palmetto, offering an outstanding opportunity for both investors and owner-occupants. This unique property consists of two duplexes, including 518 12th St W (included in the sale), each featuring two 2-bedroom, 1-bathroom units, providing a total of four well-designed rental units. Each unit has been thoughtfully updated with modern finishes, including fully updated kitchens, bathrooms, and flooring completed just one year ago, creating a clean, stylish, and low-maintenance living environment that appeals to today's tenants. Major capital improvements have already been completed, including new roofs, new central A/C systems, and all new hurricane-impact windows and doors, offering peace of mind, improved energy efficiency, and reduced future maintenance costs. Whether you're looking to expand your real estate holdings or secure a fully renovated, turnkey multifamily asset, this property delivers exceptional value and long-term income potential. Don't miss this rare opportunity in Palmetto!

Full Property Details for 516 12th St W #A

General

  • Price: $799,000
  • Taxes: $3,319 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8534428
  • Updated: 7/31/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ninguno

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Other

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: SHARP & TURNERS ADD TO PALMETTO
  • Driving Directions: From US-41 (8th Ave W), head west on 12th St W. Property is located on the left at 516 12th St W, Palmetto, FL 34221

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

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block
  • Roof: Shingle
  • Windows: Storm Window(s)
  • Square Feet: 1,224
  • Sq. Ft. Source: Public Records
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,748
  • Lot Size: 4748
  • Lot Dimensions: 50 x 95
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $3,319.6
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 18 BLK D SHARP & TURNERS ADD PI#26474.0010/9
  • Flood Zone Info: X
  • APN: 2647400109
  • Property ID: 2647400109
  • Block/Lot/Section: D

Listed by Evron & McCarthy Realty Llc

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Listing agent

— 516 12th St W #A —

  • Evron & McCarthy Realty Llc

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 516 12th St W #A

School District:Manatee County School District
NameGradesDistance
Palmetto Elementary School, Palmetto, FL
1540 10th Street West, Palmetto, FL 34221
PK-50.8 mi
Palm View Elementary School
6025 Bayshore Road, Palmetto, FL 34221
PK-53.1 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-120.7 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 516 12th St W #A Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/30/2026
Listed
$799,000
415.48%
MLS
12/02/2024
Sold
$155,000
—
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 516 12th St W #A

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,320
15%
$101,406
-14%
2024
$2,887
—
$118,008
5%
2024
$2,887
5%
$112,878
—
2023
$2,743
23%
$112,878
57%
2021
$2,231
-11%
$72,074
-27%
2022
$2,510
13%
$99,393
38%
2021
$2,231
11%
$71,957
14%
2019
$2,017
15%
$63,223
2%
2017
$1,757
—
$62,132
—
2017
$1,757
10%
$62,000
27%
2016
$1,600
4%
$49,000
—
2015
$1,535
10%
$49,000
19%
2014
$1,397
7%
$41,012
15%
2013
$1,309
—
$35,687
—
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 516 12th St W #A

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

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NMLS#: 1598647

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Listed by Evron & McCarthy Realty Llc

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516 12th Street W #A, Palmetto, FL 34221 (MLS# TB8534428) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 516 12th Street W #A is currently listed for $799,000 and was received on July 30, 2026. Want to learn more about 516 12th Street W #A? Do you have questions about finding other Multi-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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