$749,000
516 12th Street
Palmetto, FL 34221
Listing updated: September 3, 2026 at 12:10 PM ET
Listing courtesy of Evron & Mccarthy Realty Llc · Randy McCarthy, Jr · MLS #TB8534428 · Active · 954-248-2396Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to this beautifully renovated income-producing property in the heart of Palmetto, offering an outstanding opportunity for both investors and owner-occupants. This unique property consists of two duplexes, including 518 12th St W (included in the sale), each featuring two 2-bedroom, 1-bathroom units, providing a total of four well-designed rental units. Each unit has been thoughtfully updated with modern finishes, including fully updated kitchens, bathrooms, and flooring completed just one year ago, creating a clean, stylish, and low-maintenance living environment that appeals to today’s tenants. Major capital improvements have already been completed, including new roofs, new central A/C systems, and all new hurricane-impact windows and doors, offering peace of mind, improved energy efficiency, and reduced future maintenance costs. Whether you're looking to expand your real estate holdings or secure a fully renovated, turnkey multifamily asset, this property delivers exceptional value and long-term income potential. Don’t miss this rare opportunity in Palmetto!
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 history35 days on market
- Status: ActiveJul 30, 2026
- Listed$799,000Jul 30, 2026
- Price reduced$749,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 35
- Subdivision
- Sharp & Turners Add To Palmetto
- County
- Manatee
- Year built
- 1981
- Living area
- 1,224 sq ft
- Price/sq ft
- $612
- Lot size
- 4,748 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12081C0164F)
- Annual taxes
- $3,320 (2025)
- Parcel #
- 2647400109
- Zoning
- RM6
- MLS #
- TB8534428
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Interior Details
- Bedrooms
- 8
- Interior features
- Ninguno
- Laundry
- None
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- No
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Listing Details
- Listing date
- 2026-07-30
- On market date
- 2026-07-30
- Original list price
- $799,000
- MLS area
- 34221 - Palmetto/Rubonia
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-07-30
- Tax legal description
- LOT 18 BLK D SHARP & TURNERS ADD PI#26474.0010/9
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 US-41 (8th Ave W), head west on 12th St W. Property is located on the left at 516 12th St W, Palmetto, FL 34221
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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 September 3, 2026 at 12:10 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA