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$149,000
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Property Description
RARE Duplex Lot in downtown Palmetto, FL. Build your Generational 2 family home or live in one home and have rental income from the second home. Palmetto is located on the West Coast of Florida. Palmetto and Bradenton host multiple Festivals and Events centered on the Manatee River that separates them. Boat Races/Farmers Markets/ Food and Music Festivals are just the start of living in this riverside town. New Beach Ferry Service from the Bradenton Riverwalk makes the visit to the sugar sand beaches of Anna Maria Island a short trip down the river,
Full Property Details
Full Property Details for 518 7th Ave W
General
- Price: $149,000
- Taxes: $390 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4642645
- Updated: 8/4/2025
- Added to Site: 319 day(s) ago
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: WILLIS ADD TO PALMETTO CONTINUED
- Driving Directions: US 41 in Palmetto to east on 7th Street W to South on 7th Ave W.
- Direction Faces: West
Community
- Community Name: 34221 - Palmetto/Rubonia
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: BB/HS Internet Capable, Public, Sewer Available, Sewer Nearby, Water - Multiple Meters, Water Available
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Property View: City
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,392
- Lot Size: 7392
- Lot Dimensions: 56.9 x 132
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $876,471
- Tax Amount: $390.03
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: S 56 FT OF LOT 3 BLK 2 WILLIS ADD PI#27775.0000/6
- Flood Zone Info: Zone A
- APN: 2777500006
- Property ID: 2777500006
- Block/Lot/Section: 2
Listed by Coldwell Banker Sunstar Realty
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Schools
Schools serving 518 7th Ave W
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
James Tillman Elementary Magnet School 1415 29th Street East, Palmetto, FL 34221 | PK-5 | 2.1 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 518 7th Ave W
Date
Details
Price
Change
Source
8/04/2025
Price Reduced
$149,000
-6.29%
MLS
3/05/2025
Listed
$159,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 7th Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$390
2%
$35,700
—
2023
$382
4%
$35,700
2%
2022
$368
-1%
$35,000
—
2021
$370
11%
$35,000
390%
2019
$333
156%
$7,139
-60%
2017
$130
—
$18,000
205%
2017
$130
-2%
$5,900
—
2016
$132
4%
$5,900
5%
2015
$127
1%
$5,600
—
2014
$126
-1%
$5,600
—
2013
$127
—
$5,600
—
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 518 7th Ave W
518 7th Avenue W, Palmetto, FL 34221 (MLS# A4642645) is a Lots/Land property with a lot size of 0.17 acres. 518 7th Avenue W is currently listed for $149,000 and was received on March 05, 2025. Want to learn more about 518 7th Avenue W? Do you have questions about finding other Lots/Land real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

