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416 40TH STREET E Palmetto, FL $ 384,000
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416 40TH STREET E
$ 384,000
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416 40TH STREET E

Palmetto, FL, 34221
$ 384,000
Bedrooms4 Baths4.0 Sq 1,944

Monthly Estimate*

$ 2,364

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Multi-Family Home for sale in Palmetto, FL

for $384,000 with 4 bedrooms and 4 full baths. This 1,944 square foot home was built in 1981 on a lot size of 0.22.

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.

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Multi-Family Active

Price

$ 384,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,529

Style

Duplex

Lot Size

0.22

Year Built

1981

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4690441
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Phone Available Public Sewer Connected Water - Multiple Meters Water Connected
Possession Close Of Escrow
Roof Shingle
Zoning RSF6
Patio/Porch Features Patio Screened
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1981
Tenant Pays Electricity Gas Sewer Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 43200
County Manatee
New Construction false
Property Type Residential Income
Subdivision Name PALMETTO COUNTRY CLUB ESTATES FIRST UNIT
Garage Y/N false
Status Active
Directions FROM TAMIAMI TRAIL RIGHT ON SHAMROCK LEFT ON GENTIAN RIGHT ON DRAGON HOME ON RIGHT
High School Palmetto High
City PALMETTO
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 9627
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Palm View Elementary
Land Lease Y/N false
Tax Annual Amount 4529.23
Middle/Junior High School Lincoln Middle
Ok to Lease 24 Months
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4690441
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 56
Total Actual Rent 3600
Legal Description LOT 56 BLK 3 PALMETTO COUNTRY CLUB ESTATES FIRST UNIT PI#22791.0005/7
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Kitchen/Family Room Combo Living Room/Dining Room Combo Primary Bedroom Main Floor Solid Wood Cabinets Thermostat
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Inside Laundry Room
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Fenced
Parking Features Driveway
Water Source Public
Lot Size Area 9627
Foundation Details Slab
Number of Buildings 1
Building Area Total 2088
Lot Size Acres 0.22
Road Surface Type Asphalt Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Dalton Wade Inc

Broker

edwardcbieker@gmail.com

Email

Affordability Calculator

$2,742
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,364
Monthly Property Taxes
$377
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
0 Elementary School
0 Middle School
Palmetto High High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/17/2026$384,000 Listed Price

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416 40TH STREET E, Palmetto, FL, 34221 is a Multi-Family Home for sale at $384,000 with 1,944 sqft and a lot size of 0.22. 416 40TH STREET E has 4 bedrooms, 4.0 baths, and was built in 1981. The property's zip code is 34221 which is in Palmetto, FL

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