518 7th Avenue, FL

$130,000

518 7th Avenue

Palmetto, FL 34221

Active
0
Baths
0.17
Acres
$18/sqft360° tour
🏠Land

Property type

📐7,392 sqft

Lot size

📊$18

Price / sq ft

🏘️No HOA

HOA dues

📅334

Days on market

🌊Zone A

Flood zone

About this home

RARE Duplex Lot in downtown Palmetto, FL. Build your Generational 2 family home or live in one home and have rental income from the second home. Palmetto is located on the West Coast of Florida. Palmetto and Bradenton host multiple Festivals and Events centered on the Manatee River that separates them. Boat Races/Farmers Markets/ Food and Music Festivals are just the start of living in this riverside town. New Beach Ferry Service from the Bradenton Riverwalk makes the visit to the sugar sand beaches of Anna Maria Island a short trip down the river,

Estimated monthly payment

Principal & interest$657
Property taxes$33
Home insurance (est.)$60

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history334 days on market

  1. Status: Active
    Mar 5, 2025
  2. Listed$159,000
    Mar 5, 2025
  3. Price reduced$130,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
334
Subdivision
Willis Add To Palmetto Continued
County
Manatee
Price/sq ft
$18
Lot size
7,392 sq ft
Lot category
0 to less than 1/4
Flood zone
Zone A
Annual taxes
$390 (2024)
Parcel #
2777500006
Zoning
RM6
MLS #
A4642645

Interior Details

Direction faces
West

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash
Ownership
Other

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
None
Utilities
BB/HS Internet Capable, Public, Sewer Available, Sewer Nearby, Water - Multiple Meters, Water Available

Listing Details

Listing date
2025-03-04
On market date
2025-03-05
Original list price
$159,000
MLS area
34221 - Palmetto/Rubonia
Listing AOR
Sarasota - Manatee
Status changed
2025-03-05
Tax legal description
S 56 FT OF LOT 3 BLK 2 WILLIS ADD PI#27775.0000/6

Flood risk

Zone ZONE AFEMA Zone ZONE A

See FEMA for this zone’s designation and insurance requirements.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US 41 in Palmetto to east on 7th Street W to South on 7th Ave W.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of February 2, 2026 at 3:33 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA