Listing Details for MLS #A4618987
1499 17th Street W, Palmetto, Fl

Residential Property - Single Family Residence in Palmetto

Listing Price: $995,000 (Mortgage Calculator →)Days on Market: 75

Description of Property

Welcome to an extraordinary home designed for multi-generational living, located in the heart of Palmetto. This unique property is a duplex that features four separate living spaces, perfect for extended families or those seeking rental income potential. Main Living Space: Upon entering the larger side of the duplex, you’ll be greeted by a spacious 2,392 SF of living area. The kitchen, updated in 2022, is a chef's dream with a 6-burner gas stove, butcher block countertops, and an oversized island that doubles as a dining space. The island is equipped with a pop-up electrical outlet featuring USB plugins for your convenience. The kitchen also boasts a 1923 antique sink and salvaged antique lighting fixtures that add a touch of historical charm. The flooring has been upgraded to new laminate, offering durability and a modern aesthetic. There are two large bedrooms connected by a Jack & Jill bathroom. The Florida room has 4-inch insulation, ensuring comfort year-round, whether you’re enjoying a sunny day or a cool evening. Secondary Living Space: The other side of the duplex offers a comfortable 1,092 SF living area with a private entrance. This space features a large living area with newer stainless steel appliances & a split-plan layout with two bedrooms and one bathroom. The flooring is newly tiled, and new subway tile in the shower, which enhances the clean, modern feel of the space and the new AC unit will keep you cool during the hot summer months. Efficiency Studio: An additional efficiency studio in the main house is 258 SF and provides a full bathroom, kitchenette, and a Murphy bed, making it an ideal space for guests or as a rental unit. This studio is equipped with a window unit for additional cooling. The garage is a standout feature with a 20-foot wide door, ample storage, and a workshop area. It includes interior storage rooms and a shared laundry utility area accessible to all residents. Attached to the oversized garage is a fully furnished studio with its own bathroom, bed, and mini-split air conditioning unit. This "Kitchen Studio" (previously used as a commercial kitchen) has a separate entrance and back door leading to the backyard, providing additional privacy and convenience. Between the house and the garage, you’ll find a charming patio area. This space is perfect for enjoying the outdoors with fruit trees, a sunny spot for relaxation, and shaded areas for cooling off. The entire home is powered by a Tesla solar system, featuring 120 panels with a 14-year transferrable warranty remaining. This investment ensures that your electric bill is astonishingly low, averaging only $29 per month, making this home not only eco-friendly but also incredibly cost-effective. An exterior breezeway offers additional storage, keeping your outdoor space organized and tidy. Included with the purchase of this home is a 50-inch zero-turn Toro lawnmower, making lawn maintenance a breeze. The property is situated in a prime location in Palmetto, close to Snead Island, historic sights, shopping, dining, parks, marinas, schools, and more. Plus, with no HOA, you have the freedom to park your boat or RV right on the property. Whether you’re looking for a home that can accommodate a large family, provide rental income, or simply offer a spacious and flexible living arrangement, this property has it all. Don’t miss out on the chance to own this distinctive and versatile home!The average asking price for a 6 bedroom/4 bath single family residence in this Zip code is $807,450. This single family residence is listed at about 123% of the average asking price. This is the only 6 bedroom/4 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.