$240,000
311 40th Court
Palmetto, FL 34221
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Latest news from HOA is that the New Roof and Paint are scheduled to be completed this fall. Discover one of the best-priced 2 bedroom villas near downtown Bradenton in the highly desirable Palmetto–Bradenton corridor. Located in the charming Melwood Oaks community, this affordable Florida villa offers 2 bedrooms, 2 bathrooms, and over 1,400 square feet of comfortable living space—perfect for full-time residents, seasonal buyers, or investors seeking strong value in Manatee County. Step inside to an open floor plan with vaulted ceilings, creating a bright and spacious feel ideal for entertaining or relaxing. The layout features a living and dining room combination, solid surface counters, and flexible space to fit today’s lifestyle. Enjoy a private courtyard and yard area, perfect for morning coffee, pets, or outdoor gatherings. This low-maintenance villa offers the Florida lifestyle buyers are searching for, with an HOA that helps simplify ownership—making it a great option for those looking for easy-care living near Bradenton and Sarasota. Prime Location Highlights:Just minutes to downtown Bradenton Riverwalk, restaurants, and waterfront parks Short drive to Anna Maria Island, Holmes Beach, and Bradenton Beach for world-class Gulf Coast beaches Convenient access to I-75, Sarasota, Lakewood Ranch, and Tampa/St. Pete Close to shopping, medical facilities, and everyday conveniences Whether you’re searching for an affordable villa near Bradenton beaches, a winter retreat in Southwest Florida, or a smart investment property in Palmetto, this home checks all the boxes. With limited inventory in this price range, opportunities like this—2 bedroom villas under $300K near the Gulf Coast—don’t last long. Schedule your private showing today and experience the value of Manatee County living.
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 history86 days on market
- Status: ActiveMar 3, 2026
- Listed$250,000Mar 3, 2026
- Price reduced$240,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 86
- Subdivision
- Melwood Oaks Ph Iia
- County
- Manatee
- Year built
- 1990
- Living area
- 1,416 sq ft
- Price/sq ft
- $169
- Building area
- 1,976 sq ft (Public Records)
- Lot size
- 7,144 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12081C0162E)
- Garage
- 1 spaces
- Annual taxes
- $1,380 (2025)
- Parcel #
- 2380711552
- Zoning
- PDR
- MLS #
- A4684017
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)
- Laundry
- In Garage
- Stories / Levels
- Two
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $280 / Monthly
- Monthly HOA
- $280/mo
- Total monthly fees
- $280/mo
- Total annual fees
- $3,360
- HOA name
- James
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 8-12 Months
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please verify with HOA.
- Approval process
- Adult criminal background check and credit report will be required.
Exterior & Construction
- Exterior features
- Courtyard, Private Yard
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | First | 11x11 |
| Kitchen | First | 10x10 |
| Living Room | First | 10x10 |
| Loft | Second | 13x11 |
| Primary Bathroom | First | |
| Office | First | 11x7 |
| Primary Bedroom | First | 15x11 |
Listing Details
- Listing date
- 2026-02-27
- On market date
- 2026-03-03
- Original list price
- $250,000
- Occupant type
- Owner
- MLS area
- 34221 - Palmetto/Rubonia
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-03-03
- Tax legal description
- LOT 7 MELWOOD OAKS PHASE IIA PI#23807.1155/2
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
From 19 South take a right hand turn onto 45th Street Ct W, then go left on Third Ave W. Home is on the corner of 40th Ct and Third Ave W
More homes like this
$364,900
6504 Heritage Ln #99
Bradenton, FL 34209
2 bd · 2 ba · 1,462 sqft
Cambridge Village West
MLS# A4688807
$359,500
1006 Tropical
Bradenton, FL 34208
3 bd · 2 ba · 1,599 sqft
Tropical Shores
MLS# TB8513008
$379,999
2804 Rock Sound St
Bradenton, FL 34208
4 bd · 3 ba · 2,248 sqft
Evergreen Ph I
MLS# TB8504943
$375,479
5628 Skylight Way
Palmetto, FL 34221
3 bd · 3 ba · 2,081 sqft
Sanderling
MLS# TB8487327
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 28, 2026 at 4:32 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