Residential Property - Single Family Residence in Palmetto
Listing Price: $395,000 (Mortgage Calculator →)
Description of Property
Investment Opportunity Minutes from the Manatee River This property has been historically established as two separate units and offers the potential to be converted into three units, creating even more income opportunities for the savvy investor. Situated on .34 of an acre, this property offers a rare chance to invest in a prime location just minutes from the Manatee River and a short drive to Ellenton Premium Outlets. Only a few minutes fromSafe Harbor Regatta Pointe, which is known for its upscale amenities and waterfront dining. With plenty of room for RVs, boats, and additional vehicles, it’s a great fit for investors exploring rental income, long-term leasing, or Airbnb potential. The home does need cosmetic and structural updates, but the layout provides flexibility for a variety of uses. With the right improvements, this could become a strong income-producing property in one of the region’s most desirable and conveniently located areas. Property Highlights: Historically established as 2 units with potential for 3 units Ideal for Airbnb, long-term rental, or owner-occupancy with income Ample driveway with room for RVs, boats, and multiple vehicles Walking distance to the Manatee River 10-minute drive to Ellenton Premium Outlets & I-75



































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Palmetto
County: Manatee
Subdivision: Willis Add To Palmetto Continued
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 2,680
Sq. Ft. Living Area: 2,630
Cost per (heated) sqare foot: $150
Year built: 1935
Annual Tax: $6,117
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Masonry
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Florida
Construction: Wood Frame
Foundation: Slab
Roof: Metal
Exterior Features: Storage
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Wall Units / Window Unit
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Trees/Woods
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.34
Lot Size (sq. ft.): 12,197 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2779000005
Zoning: RM6
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: A STRIP 4 3/4 FT WIDE OFF E SIDE OF LOT 7, LOT 8 BLK 4 WILLIS ADD PI#27790.0000/5
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.