505 18th Avenue W, PALMETTO, FL

$470,000

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3

Beds

2

Baths

1,022

Square feet

0.27

Acres

About 505 18th Avenue W

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?

Residential home for sale in PALMETTO, FL at 505 18th Avenue W. This 3 bedroom Residential home is priced at $460/sqft

Features of 505 18th Avenue W

MLS® # A4611498
Price $470,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,022
Acres 0.27
Year Built 1953
Type Residential
Sub-Type Single Family Residence
Style Florida
Status Pending

Community Information: Palmetto

Address 505 18th Avenue W
Area Palmetto/Rubonia
Subdivision PARRISH ADD TO PALMETTO
City PALMETTO
County Manatee
State FL
Zip Code 34221

Amenities of 505 18th Avenue W

Parking Driveway, On Street
Is Waterfront No
Has Pool No

Interior of 505 18th Avenue W

Interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air
Fireplace No

Exterior of 505 18th Avenue W

Exterior Features Courtyard, Lighting, Private Mailbox
Lot Description Cleared, Historic District, Landscaped, Near Marina, Oversized Lot, Private
Roof Shingle
Foundation Block

School Information

Elementary Palmetto Elementary-MN
Middle Lincoln Middle
High Palmetto High

Additional Information On 505 18th Avenue W

Date Listed May 23rd, 2024
Days on Market 22
Zoning RS3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePREMIER SOTHEBYS INTL REALTY

Map To 505 18th Avenue W, PALMETTO

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