$749,000

516 12th St W #aPalmetto, FL 34221

  • 8 beds
  • 4 baths
  • 1,224 sqft
  • 0.11 acres
  • 97 days on market

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!

Virtual tour

Facts

Property type
Quadruplex
Year built
1981
Lot size
4,748 sqft
Pool
No
Waterfront
No
Subdivision
SHARP & TURNERS ADD TO PALMETTO
Community
Palmetto Point
County
Manatee
CDD
0
Annual taxes
$3,320 (2025)
Flood zone
X
New construction
No
MLS #
TB8534428

Features

Interior
Ninguno
Heating
Central
Cooling
Central Air
Construction
Block
Roof
Shingle
Utilities
Electricity Connected
Water
Public
Sewer
Public Sewer

Location

Stellar MLS Listing courtesy of EVRON & MCCARTHY REALTY LLC. MLS # TB8534428.

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 1:45 PM EST.