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505 18TH AVE W
505 18TH AVE W
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Sold

505 18TH AVE W

505 18TH AVE W, PALMETTO, FL 34221

$420,000
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?

3
beds

2
baths

1,022 Sq.Ft. LIVING AREA

0.27 Acres lot

Jessica Adair

Jessica Adair

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Laundry Room
  • Flooring Luxury Vinyl, Tile
  • APPLIANCES Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • other interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments

Area & Lot

  • Status Sold
  • Living Area1,022 Sq.Ft.
  • Total Area1,050 Sq.Ft.
  • Lot Area0.27 Acres
  • MLS® IDA4611498
  • TypeResidential
  • YEAR BUILT1953
  • NeighborhoodManatee County
  • Architecture StylesFlorida
  • Elementary SchoolPalmetto Elementary-MN
  • Middle SchoolLincoln Middle
  • High SchoolPalmetto High

Exterior

  • STORIES1
  • water SourceNone
  • utilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
  • roofShingle
  • lot featuresCleared, Historic District, Landscaped, Near Marina, Oversized Lot, Private
  • parkingDriveway, On Street
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureBlock
  • other exterior FeaturesCourtyard, Lighting, Private Mailbox

Financial

  • Sales Price$420,000
  • Real Estate Tax $3,463/yr
  • Zoning RS3
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