337 8TH AVENUE W Palmetto, FL $ 1,300,000
337 8TH AVENUE W
$ 1,300,000
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337 8TH AVENUE W

Palmetto, FL, 34221
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,004

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Studio

Lots and Land for sale in Palmetto, FL

for $1,300,000. The lot size is 0.76.

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.

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Lots and Land Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 14,983

Style

Lot Size

0.76

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4689795

Features
General
Sewer Public Sewer
Utilities BB/HS Internet Available Cable Available Electricity Available Phone Available Propane Public Sewer Connected Street Lights Telephone Nearby Utility Pole Water Connected
Possession Close Of Escrow
Zoning CC
Pets Allowed Yes
View City
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
Community Features Community Boat Ramp Water Access Park Playground Sidewalks
County Manatee
Property Type Land
Association Amenities Fence Restrictions Playground
Facing Direction East
Status Active
Directions US 41 Business in Palmetto- Corner of 4th
City PALMETTO
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 33097
Listing Terms Cash Conventional
Tax Annual Amount 14983
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 2
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Baths 0
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Exterior
Vegetation Mature Landscaping Trees Trees/Landscaped
Fencing Vinyl
Lot Features Central Business District Historic District City Lot Landscaped Level Sidewalk Street Lights
Water Source Public
Lot Size Area 33097
Lot Dimensions 168 x 165
Lot Size Acres 0.76
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved Business District Main Throrughfare State Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Matthew Guthrie And Associates Realty Llc

Broker

flbrokerjordan@gmail.com

Email

Affordability Calculator

$9,253
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$1,249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$1,300,000 Listed Price

Map


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337 8TH AVENUE W, Palmetto, FL, 34221 is a Lots and Land for sale at $1,300,000 with a lot size of 0.76. 337 8TH AVENUE W is a studio with 0.0 baths. The property's zip code is 34221 which is in Palmetto, FL