Residential Property - Single Family Residence in Palmetto
Listing Price: $650,000 (Mortgage Calculator →)
Description of Property
NVESTORS WANTED - Prime Waterfront Opportunity: 3-Bedroom Pool Home on Snead Island’s Saltwater Canal This 3-bedroom, 2-bathroom home with a 2-car garage and private in-ground pool presents a rare chance to invest in a prime waterfront location on the highly sought-after Snead Island. Situated at the corner of a cul-de-sac and offering direct boating access from a saltwater canal, the property offers the ideal blend of coastal living and potential for value appreciation. The home’s premier location makes it highly appealing to future buyers or renters seeking the lifestyle benefits of waterfront living. All bedrooms feature walk-in closets, providing ample storage space, and the layout includes both a spacious family room and an additional bonus room for flexibility and comfort. While the property experienced water intrusion from a recent hurricane, this presents an opportunity for savvy investors to unlock its full potential. It has 19 1/2 inches of the water come through the home from Hurricane Helene. With strategic renovations to modernize finishes, enhance the layout, and capitalize on the coveted canal-front access, this home can be transformed into a standout property in a high-demand market. This is an exceptional chance to invest in a property that offers both location and opportunity, with the potential for substantial returns through thoughtful upgrades and value-add improvements.
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,842
Garage: Yes2 vehicles
Carport: No
Parking Features: Driveway, Garage Door Opener
Private Pool: Yes
Pool Features: In Ground
Spa Features:
Water Frontage: Canal - Saltwater
Water Features: Davits, No Wake Zone
Water Access: Canal - Saltwater
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Palmetto
County: Manatee
Subdivision: Gulf & Bay Estates Blocks 1a, 1 & 2
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,842
Sq. Ft. Living Area: 2,284
Cost per (heated) sqare foot: $285
Year built: 1977
Annual Tax: $3,243
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Ceiling Fan(s)
- Primary Bedroom Main Floor
- Split Bedroom
- Walk-In Closet(s)
Appliances: None
Accessibility Features:
Window Features: Aluminum Frames
Additional Rooms:
- Bonus Room
- Family Room
- Inside Utility
Ceiling Type:
Flooring: Other
Schools
Elementary School: Palmetto Elementary-MN
Middle/Junior High School: Lincoln Middle
High School: Palmetto High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features:
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Water View: Canal
Exterior & Construction
Architectural Style: Traditional
- Block
- Concrete
- Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Rain Gutters, Sliding Doors
Garage: Yes
Garage Spaces: 2
Parking Features: Driveway, Garage Door Opener
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Deck
Security Features:
Other Structures: Shed(s)
View: Water
Fencing:
Utilities:
- Cable Connected
- Electricity Connected
- Underground Utilities
- Water Connected
Sewer: Septic Tank
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Corner Lot
- Cul-De-Sac
- Flood Insurance Required
- Flood Zone
- In County
- Landscaped
Lot Size (acres): 0.25
Lot Size (sq. ft.): 10,999 square feet
Lot Dimensions: 100 x 110
Road Frontage: Street Paved
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2405300001
Zoning: RSF3/CH
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 1 BLK 1A GULF & BAY ESTATES PI#24053.0000/1
Disclosures: Lead Paint
Section: 9
Range: 17E
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.