$395,000
502 7th Avenue
Palmetto, FL 34221
Listing updated: August 31, 2026 at 11:29 AM ET
Listing courtesy of Mark Spain Real Estate · Molly Nelson · MLS #TB8539476 · Active · 855-299-7653Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to 502 7th Avenue West, a classic, well-built 3-bedroom, 2.5-bathroom home situated on a spacious corner lot in a quiet Palmetto neighborhood with wonderful neighbors. Designed with a functional layout where every detail has been thoughtfully considered, the home features expansive living space, a large kitchen, a whole-house water filtration system, and a dedicated kitchen reverse osmosis system. The outdoor setup is a real standout, featuring a private backyard with a convenient outdoor shower, no HOA or CDD fees, and an oversized detached 2-car garage offering ample space for vehicles and additional storage. Additionally, RV and boat owners will appreciate the convenience of dedicated parking without deed restrictions, and those with entrepreneurial spirits will find the zoning conducive to running a home-based business. Located just a couple of minutes from the Manatee River and local boat ramps, you are blocks from historic downtown Palmetto with quick access to US-41 and I-75 for easy drives to Bradenton, Sarasota, St. Petersburg, and nearby Gulf beaches—so whether you're searching for a charming forever home, a savvy live/work investment, or a turnkey B&B with an established track record, this one-of-a-kind property delivers it all!
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 history8 days on market
- Status: ActiveAug 31, 2026
- Listed$395,000Aug 18, 2026
- Price increased$395,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 8
- Subdivision
- Willis Add To Palmetto Continued
- County
- Manatee
- Year built
- 1905
- Living area
- 1,693 sq ft
- Price/sq ft
- $233
- Building area
- 2,009 sq ft (Public Records)
- Lot size
- 14,784 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Garage
- 2 spaces
- Annual taxes
- $6,210 (2025)
- Parcel #
- 2778100004
- Zoning
- PLRM
- MLS #
- TB8539476
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System
- Interior features
- Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- No
- Parking features
- Boat, Driveway, Garage Door Opener, Oversized, Parking Pad, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Balcony, Outdoor Shower, Private Entrance, Private Yard, Sidewalk
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Road surface
- Asphalt, Brick
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
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 |
|---|---|---|
| Family Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Primary Bedroom 2 | First | |
| Great Room | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-08-18
- On market date
- 2026-08-18
- Original list price
- $395,000
- Occupant type
- Owner
- MLS area
- 34221 - Palmetto/Rubonia
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-31
- Tax legal description
- LOT 3 BLK 3 WILLIS ADD PI#27781.0000/4
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
To reach the property from US Highway 41 (8th Avenue West), head north into Palmetto—crossing the Manatee River if you're coming from Bradenton—and turn left onto 5th Street West. Drive two short blocks west, and you will immediately see 502 7th Ave West sitting on the northeast corner of 5th Street West and 7th Avenue West.
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Listing provided by Stellar MLS
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 August 31, 2026 at 11:29 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.
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.
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