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Sold for $420,000 on 07/12/24
  • $420,000

    505 18th Ave W, Palmetto, FL 34221

    3beds
    1,022sqft
    Single Family Residence
    Built in 1953
    0.27 Acres Lot
    $381,700 Zestimate®
    $411/sqft
    $2,130 Estimated rent

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    $2,130/mo

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    $2,130/mo

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    $2,697/mo

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    $2,697/mo

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    What's special

    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?

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2024 at 05:49am

    Listing Provided by:

    Roberta Tengerdy, PA 941-321-2292,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000

    Bought with:

    Jessica Adair, 3403759

    MARCUS & COMPANY REALTY

    Source: Stellar MLS,MLS#: A4611498MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 8.8x10.8
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 11.9x10.5
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 11.8x12
    Kitchen
    • Level: First
    • Dimensions: 10.11x10.9
    Living room
    • Level: First
    • Dimensions: 16.8x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Thermostat
    • Flooring: Luxury Vinyl, Tile
    • Windows: Drapes, Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,050
    • Total interior livable area: 1,022 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Patio
    • Exterior features: Courtyard, Lighting, Private Mailbox
    • Fencing: Other,Vinyl
    • Waterfront features: Marina Access, River Access
    Lot
    • Size: 0.27 Acres
    • Features: Cleared, Historic District, Landscaped, Near Marina, Oversized Lot
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2874800002
    • Zoning: RS3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Completed
    • New construction: Yes
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: None
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Fishing, Marina, River, Restaurant
    Location
    • Region: Palmetto
    • Subdivision: PARRISH ADD TO PALMETTO

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Road surface type: Paved
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    Estimated market value
    $381,700