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Description
Welcome to this beautifully renovated income-producing property in the heart of Palmetto, offering an outstanding opportunity for both investors and owner-occupants. This unique property consists of two duplexes, including 518 12th St W (included in the sale), each featuring two 2-bedroom, 1-bathroom units, providing a total of four well-designed rental units.Each unit has been thoughtfully updated with modern finishes, including fully updated kitchens, bathrooms, and flooring completed just one year ago, creating a clean, stylish, and low-maintenance living environment that appeals to today's tenants. Major capital improvements have already been completed, including new roofs, new central A/C systems, and all new hurricane-impact windows and doors, offering peace of mind, improved energy efficiency, and reduced future maintenance costs.Whether you're looking to expand your real estate holdings or secure a fully renovated, turnkey multifamily asset, this property delivers exceptional value and long-term income potential. Don't miss this rare opportunity in Palmetto!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $3,319
Year Built: 1981
General Information
Bedrooms: 8
Sqft: 1,224
County: Manatee
Subdivision: SHARP & TURNERS
Listed By:
Randy McCarthy, Jr
EVRON & MCCARTHY REALTY LLC
954-248-2396
MLS ID: TB8534428
Amenities
Ninguno
Other
Property Features
Annual Net Income: 51449.00
Days on Site: 2
Directions: From US-41 (8th Ave W), head west on 12th St W. Property is located on the left at 516 12th St W, Palmetto, FL 34221
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.11
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Windows: Storm Window(s)
Zoning: RM6
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516 12th Street W, Unit A, Palmetto, FL 34221.
Estimate Your Payment
Estimated Payment
$ 3,204.52 per month $2,694.89 Principal & Interest $276.58 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
About this area
About Palmetto
Palmetto is a growing suburban area located between the Manatee River and Terra Ceia Bay. The city is perfect for people looking for an active lifestyle that involves nature and community activities. Palmetto’s location keeps residents close to major employers, but also allows for a smaller town lifestyle that embraces a slower pace. Weekends are perfect for boating and golfing, or attending one of the many events and festivals that take place in Palmetto year round. The area is great for people of all ages with homes ranging from affordable condos and single family options to waterfront estates.
Learn More About Living in Palmetto, Florida
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