One or more photo(s) has been virtually staged. Welcome to the "Castles by the Sea" — a rare opportunity to own two 1925 homes in Historic Palmetto. Nestled on a generous lot, these castle-like properties combine timeless character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main house exudes charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that seamlessly blend historic character with modern potential. With one bedroom and one bathroom, this home provides a perfect canvas to embrace the elegance of the 1920s while adding your personal touches and modern updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom. The property is free from rental restrictions, allowing for short-term rentals — a lucrative opportunity for income generation. Perfectly situated just minutes from the scenic Manatee River, vibrant shopping, dining, and entertainment options, and offering easy access to the thriving cities of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" present an ideal combination of historic living and modern convenience.
For sale
Price cut: $30K (4/18)
$370,000
1406 5th St W, Palmetto, FL 34221
2beds
1,675sqft
Est.:
Single Family Residence
Built in 1925
0.31 Acres Lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
Modern potentialBright breakfast nookHistoric characterCozy wood-burning fireplacePrivate drivewayFull kitchenVersatile studio layout
- 95 days
- on Zillow |
- 491 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 09:27am
Listing Provided by:
Toni Zarghami 941-248-2147,
KW COASTAL LIVING III 941-900-4151,
Angie Moody 801-358-7970,
KW COASTAL LIVING III
Source: Stellar MLS,MLS#: A4644271
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
Bathroom 1
- Features: Tub With Shower
- Level: First
Dining room
- Features: Ceiling Fan(s)
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Kitchen
- Features: Ceiling Fan(s)
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 448 Square Feet
- Dimensions: 14x32
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan
- Flooring: Laminate, Tile, Hardwood
- Doors: French Doors
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,717
- Total interior livable area: 1,675 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Front Porch, Rear Porch
- Exterior features: Private Mailbox
Lot
- Size: 0.31 Acres
- Dimensions: 96 x 140
- Features: Historic District, City Lot, In County, Oversized Lot, Sidewalk
Details
- Additional structures: Guest House
- Parcel number: 2917900009
- Zoning: PL_RS-3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historical
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Other
- Roof: Concrete,Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Public, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: OAKDALE SQUARE
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Palmetto
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $169,557
- Annual tax amount: $3,667
- Date on market: 3/13/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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