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?
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
Owner options
What's special
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#: A4611498
Originating 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