$470,000 ($459.88 per sqft)

Pending

Est. Mortgage $2,470/mo *

Quick Pre-Approval

505 18th AVENUE W, Palmetto, FL, 34221

505 18th AVENUE W, Palmetto, FL, 34221

5 rooms

3 beds

2 Full baths

1953

Florida

1,022 sqft

Under contract-accepting backup offers. A completely updated, like-new investment property in the heart of historic Palmetto. The charm of this three-bedroom, two-bath residence is undeniable, with its prime location just a stone's throw from the picturesque Manatee River. Presented turnkey furnished, this residence is ready for immediate enjoyment, making it an attractive option for prospective buyers seeking comfort and convenience. Completely renovated in 2023, this includes, a new roof, tankless water heater, all new electrical, all new plumbing, new appliances and the list goes on! This home has been meticulously transformed into an inviting vacation rental, offering guests a delightful retreat and potential for income. But the appeal doesn't stop there. The property also includes an extra lot, providing ample space for potential future development, whether it's adding a pool or constructing a secondary dwelling. While the lot cannot be divided or sold separately, its presence adds to the overall value and potential of the property. And with its short-term, two-night minimum rental arrangement, it offers an investment opportunity for those looking to capitalize on the vacation rental market. Convenience meets tranquility in this ideal location, with the Safe Harbor Marina and the acclaimed River House Waterfront dining just a five-minute drive. Surrounded by an array of parks in Palmetto nearby, outdoor enthusiasts will find plenty to explore right at their doorstep. And with St. Petersburg just a short 20-minute drive and the captivating Bradenton Beach in easy reach, there's no shortage of entertainment and adventure awaiting guests. This property offers a seamless blend of comfort, convenience and potential for residents and guests alike, making it a source of pride and excitement for the proud new owner. Rental history available. What are you waiting for?


Status:

Pending

Type:

Single-family residential

Furnished Remarks:

Turnkey

Laundry Remarks:

Laundry Room

Subdivision:

PARRISH ADD TO PALMETTO

Garage:

Driveway, On Street

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.27

Est. Taxes:

$3,463

Construction

Concrete

Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Lot Description:

Cleared, Historic District, Landscaped, Near Marina, Oversized Lot

Elementary School:

Palmetto Elementary-MN

Middle School:

Lincoln Middle

High School:

Palmetto High

Days on Market:

16

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer

Min Lease Term:

1-7 Days

MLS #:

A4611498


Community Info

School Info

Walk Score

Yelp



Listing courtesy of PREMIER SOTHEBYS INTL REALTY Phone: 941-364-4000