Listing Details for MLS #TB8305660
7809 36th Avenue E, Palmetto, Fl

Residential Property - Farm in Palmetto

Listing Price: $2,999,000 (Mortgage Calculator →)Days on Market: 64

Description of Property

This is a legacy type property and old Florida at its finest. Three separate parcels included in the sale with four homes: "the front house", "the barn apartment", "the main house" and "the guest cabin". Mature oaks, wooded trails, resort style pool and spa, meandering creeks with great fishing and blue crabs, log style cabins, and a camping area used as the family fish camp. This property is smack dab in the middle of Florida's west coast vacation triangle: Tampa-St.Pete-Sarasota. *No flooding from Hurricane Helene or Milton. Several trees are in the process of being removed. No structural damage to homes. Secure gated access with over 18 acres of privacy and old Florida charm, you will say "wow" upon arrival. Also not to be overlooked is the immediate passive income the property. There is are several long term leases in place for the storage field, barn apartment, front house, and a wholesale nursery. A quick tour of the property, starting from the main entrance and going back, begins at 7807 36th Avenue East, aka "the front house" which is on it's own private acre. This is currently being leased. This is a 3BR/ 1BA single family home with a new well, central a/c, and 2 car garage. The home is currently leased. As you drive further into the property, you'll pass a wholesale nursery on your left. This has been owned and operated by the same family for more than 15 years and that owner currently pays a land lease for the use. On your right, there is "the barn apartment" with it's own garage and laundry, central a/c and office downstairs. Hardwood floors make it a very unique home and it is also currently leased. Behind the barn apartment, there is a storage field for seasonal RV's, boats, and trailers. As you pass "the barn apartment", you'll enter a private tree lined drive and eventually reach the security gate. As you gain access, you'll see "the main house" and "guest cabin" to your right. The main house is a 5BR/3.5BA log cabin with game room, separate billiard room off the living area, private pool and lovely front porch. To it's right, there is a matching (smaller) log cabin with 1BR/1BA and a loft bedroom up above. This has it's own power, a/c, and well and does well as a vacation rental all year round. Across from the main home, there is a resort style pool and patio with a spa. There is plenty of storage out there as well, for pool toys, BBQ grills, the smoker and anything else you'll need for hosting. Behind that is a large pole barn and 2 horse stalls. Here, there is room for the riding mower, tractor, and any other equipment you'll need for horses or property maintenance. The surrounding property consists of three large, fenced pastures where you can ride horses or maybe get a cow to keep the grass down. Further back, there is a ten acre parcel which is heavily wooded but trails have been cut for leisure activities such as hunting, fishing, paintball, or for camping out in the old fishing cabins. Frog Creek and Cabbage Slough converge at the back of the property, then wind their way out to Terra Ceia Preserve, then the bay, and then the Gulf beyond that. Beware of the gators and snakes, as this is a natural environment, home to river otters, raccoons, gopher tortoise, a wide variety of fish, and there is usually a family of bobcat somewhere on the property.This is the only 10 bedroom/6 bath farm between $2,600,000 and $3,400,000 currently listed for sale in this Zip code.