$114,000
408 51st Street
Palmetto, FL 34221
Listing updated: May 2, 2026 at 6:16 PM ET
Listing courtesy of The Keyes Company - Sarasota · Brooke Mailloux · MLS #A4670714 · Active · 941-362-4100Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Looking to build your forever home in a community with no HOA and access to a private boat ramp? This is the perfect lot for you! Located in the highly desired Palmetto Point neighborhood, residents can enjoy an optional membership for exclusive use of the private boat ramp with direct access to beautiful Terra Ceia Bay. Perfectly situated between downtown St. Pete (20 miles) and downtown Sarasota (16 miles), this location offers easy access to the best of both worlds—shopping, dining, beaches, and entertainment—all while enjoying the laid-back coastal lifestyle. Don’t let this opportunity slip away—build your dream home in one of Palmetto’s most sought-after communities!
Local Insight
At $14 per square foot on a tight 0.19-acre lot in Palmetto Point, you're getting a raw land deal in an area where buildable lots can be scarce, but you'll want to verify exactly what the zoning allows and whether utilities are accessible to the property since those costs can quickly eat into your budget. The no-HOA structure and X flood zone (lowest risk) are pluses, though a parcel this small limits your options—whether it's a single modest home or a teardown play on an existing structure, the land value here really depends on what the local market will support for a finished product.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history177 days on market
- Status: ActiveMay 2, 2026
- Listed$119,000Nov 4, 2025
- Price reduced$114,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 177
- Subdivision
- Palmetto Point
- County
- Manatee
- Price/sq ft
- $14
- Lot size
- 8,059 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $824 (2024)
- Parcel #
- 2342500002
- Zoning
- RSF6
- MLS #
- A4670714
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Sewer Nearby, Water Available
Listing Details
- Listing date
- 2025-11-02
- On market date
- 2025-11-04
- Original list price
- $119,000
- MLS area
- 34221 - Palmetto/Rubonia
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-02
- Tax legal description
- LOTS 502,503 PALMETTO POINT SUB PI#23425.0000/2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head north on US 19, take a left into the neighborhood on 50th street west, take your first right onto 3rd AVE w, then take a left onto 51st st w (also called Driftwood in the past), the lot is on the right.
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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 May 2, 2026 at 6:16 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