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$384,000

416 40th Street E Palmetto, FL 34221 • Multi Unit - Multiple • Active

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Description

Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income or living on one side while renting the other.Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking.Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.

Property Highlights

Property Type: Multi Unit - Multiple

Cooling: Central Air

Heating: Central, Electric

Lot Size: 0.22 Acres

Roof Type: Shingle

Stories: 1.0

Taxes: $4,529

Year Built: 1981

General Information

Bedrooms: 4

Sqft: 1,944

County: Manatee

High School: Palmetto High

Subdivision: PALMETTO COUNTRY CLUB ESTATES FIRST

Listed By:

Edward Bieker, PA DALTON WADE INC 888-668-8283

MLS ID: A4690441

Amenities

Ceiling Fans(s)

Kitchen/Family Room Combo

Living Room/Dining Room Combo

Primary Bedroom Main Floor

Solid Wood Cabinets

Thermostat

Fence

Property Features

Annual Net Income: 35500.00

Directions: FROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT

Exterior: Block

Flood Zone Code: X

Flooring: Tile

Foundation: Slab

Home Warranty Y/N: No

Lease Terms: Twenty Four Months

Listing Terms: Cash, Conventional, FHA, VA Loan

Lot Dimensions: 0.22

Ownership: Fee Simple

Parking: Driveway

Parking Notes: Driveway

Patio/Porch: Patio, Screened

Property Attached Y/N: No

Property Sub-Type: Duplex

Security: Smoke Detector(s)

Sewer: Public Sewer

Showing Instructions: Supra Lock Box, Appointment Only, Lock Box Electronic, See Remarks

Special Sale Provisions: None

Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected

Water: Public

Water Access Y/N: No

Windows: Blinds

Zoning: RSF6

$384,000

Est. /mo

Calculate Mortgage

4beds

1,944sqft

Shown By

Tiffany Reis
(407) 408-4546

New to the Market Active

BEDS4 BATHS SQUARE FEET1,944 MLS#A4690441

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPALMETTO COUNTRY CLUB ESTATES FIRST

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416 40th Street E, Palmetto, FL 34221.

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Estimated Payment

$ 1,784.58 per month $1,295.17 Principal & Interest $377.42 Property Tax $112.00 Homeowner's Insurance

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About this area

Florida/Palmetto

Palmetto

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About Palmetto

Palmetto is a growing suburban area located between the Manatee River and Terra Ceia Bay. The city is perfect for people looking for an active lifestyle that involves nature and community activities. Palmetto’s location keeps residents close to major employers, but also allows for a smaller town lifestyle that embraces a slower pace. Weekends are perfect for boating and golfing, or attending one of the many events and festivals that take place in Palmetto year round. The area is great for people of all ages with homes ranging from affordable condos and single family options to waterfront estates.