337 8th Avenue, FL

$1,300,000

337 8th Avenue

Palmetto, FL 34221

Active
0
Baths
0.76
Acres
$39/sqft
Land

Property type

33,097 sqft

Lot size

$39

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

About this home

A rare opportunity to acquire a prominent, historic commercial property positioned along one of the most traveled corridors in North Manatee County. Built in 1923, this iconic structure blends timeless character with functional scale, offering over 6,000 square feet across two levels on a 0.76-acre site with exceptional visibility and access. The main level features multiple dining & special event rooms, ideal for restaurant, hospitality, retail, or adaptive reuse. Existing infrastructure includes a 10x10 walk-in freezer and 10x10 walk-in refrigerator, supporting food and beverage operations, along with a designated dumpster pad for service efficiency. The property is also equipped with ADA ramp access and abundant on-site parking for 50+ vehicles, a significant advantage for this corridor. The second floor (approx. 1,930 SF) offers flexibility with six rooms (bedrooms or offices) and three fireplaces, well-suited for executive offices, boutique workspace, or potential conversion to suites. Located directly on Business 41 (8th Ave W), the property benefits from high daily traffic counts of 30,000 to 40,000+ vehicles (seasonal), providing strong exposure for owner-users or investors seeking a high-visibility asset. Surrounding development is accelerating. A 152-unit riverfront mixed-use project is underway adjacent to the site, along with an additional 80-unit mixed-use development featuring 15,000 square feet of retail just one block away, bringing increased density and long-term value to the immediate area. Palmetto continues to evolve as a historic waterfront destination along the Manatee River, ideally positioned between St. Petersburg and Sarasota. Demand is rising for authentic, locally driven concepts that embrace the area's coastal heritage and walkable downtown character. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have recently completed construction and are now attracting larger regional events, further supporting commercial growth and business opportunity in the corridor.

Estimated monthly payment

Principal & interest$6,574
Property taxes$1,249
Home insurance (est.)$596

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 history1 days on market

  1. Status: Active
    Apr 30, 2026
  2. Listed$1,300,000
    Apr 30, 2026
  3. Price increased$1,300,000

Facts & features

Property type
Land
Status
Active
Days on market
1
County
Manatee
Price/sq ft
$39
Lot size
33,097 sq ft
Lot category
1/2 to less than 1
Flood zone
X (12081C0164F)
Annual taxes
$14,983 (2025)
Parcel #
3113600005
Zoning
CC
MLS #
A4689795

Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Propane, Public, Sewer Connected, Telephone Nearby, Utility Pole, Water Connected

Community

Pets allowed
Yes

Listing Details

Listing date
2026-04-30
On market date
2026-04-30
Original list price
$1,300,000
MLS area
34221 - Palmetto/Rubonia
Listing AOR
Sarasota - Manatee
Status changed
2026-04-30
Tax legal description
BEG AT NE COR OF LOT 2 U S, W 70 YDS, S 70 YDS, E 70 YDS, N 70 YDS, LESS N 25 FT FOR STREET & LESS STREET ON E.; ALSO LESS RD R/W: PARCEL 119.1: COM AT THE NE COR OF THE NW1/4 OF SD SEC 23, SD COR BEING ON THE SURVEY BASE LN OF SR 45; TH ALG SD SURVE Y BASE LN S 00 DEG 22 MIN 26 SEC W, 22.80 FT; TH N 89 DEG 35 MIN 49 SEC W, 30 FT TO THE INT OF THE W EXSTG R/W LN

Flood risk

Minimal riskFEMA Zone XPanel 12081C0164F

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

US 41 Business in Palmetto- Corner of 4th

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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 May 1, 2026 at 10:06 AM 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