Commercial Potential! Exceptional Opportunity to purchase/invest in this charming colonial. Make repairs or rehab and have a beautifully updated property in the historical district of Palmetto. Built in 1918 and registered in the National Historic Registry for the City of Palmetto, this home has large rooms and magnificent woodwork throughout. It is currently zoned RM6 (multi-family residential) and has the potential to be zoned commercial with Community Revitalization Incentives of up to $50,000. (Lots directly to the east and south are currently zoned commercial.) In addition to 4 bedrooms and 2 full baths in the main house, this unique property features a walk up attic and 1-2 bedroom apartment/in law suite over the garage with sitting room, kitchen and full bath, outside entrance, separate electric box, water heater and A/C unit. Original wood floors, doors and grand openings to living and dining rooms, as well as a beautifully designed staircase off the parlor, large bedrooms and high ceilings in main home, point to its heritage. Fireplace in the living room currently used as decorative, but could be wood burning. Current zoning allows for a Bed and Breakfast. Plumbing and Electric updated and air conditioning replaced approximately 3 years ago. Foundation supported by footers.
Off market
$365,000
819 7th St W, Palmetto, FL 34221
5beds
2,912sqft
SingleFamily
Built in 1918
5,662 Square Feet Lot
$365,000 Zestimate®
$125/sqft
$2,843 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Central
Appliances
- Included: Refrigerator
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 2,912 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other, Wood
Lot
- Size: 5,662 sqft
Details
- Parcel number: 2740800004
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1918
Community & neighborhood
Location
- Region: Palmetto
Other
Other facts
- central_air_desc: Central A/C
- has_ceiling_fan_fl: Y
- taxes_annual: 1405
- grade_school: Palmetto Elementary
- parking: Garage,Off Street,Oversized
- original_listhub_key: 3yd-MFRMLSFL-A4403640
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Estimated market value
$365,000