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Pending
  • $439,000

    1117 4th St W, Palmetto, FL 34221

    4beds
    5baths
    1,952sqft
    : 
    Multi Family
    Built in 1910
    -- sqft lot
    $434,900 Zestimate®
    $225/sqft
    $-- HOA

    What's special

    Open parkingSurrounded by waterfront parksWelcoming front porchShared laundry facilitiesSteps from the waterfront
    This fully leased, two-story, five-unit multifamily property is a rare investment opportunity located just one block from Safe Harbor Marina and within 1 mile distance to Palmetto’s charming historic district. Surrounded by waterfront parks, local shops, and popular restaurants, the property is ideally situated to attract long-term tenants and capitalize on the area's continued growth. Each of the five residential units is currently occupied, with all tenants on month-to-month leases, providing consistent income with the flexibility for future rent adjustments or repositioning. The building includes shared laundry facilities for tenant convenience, as well as open parking and a welcoming front porch that enhances the property's curb appeal and communal atmosphere. With a strong rental history and a location that blends coastal living with everyday convenience, this property is perfect for investors seeking steady cash flow and long-term upside. Whether you're expanding your portfolio or entering the multifamily market, this is a turnkey asset in one of Palmetto’s most desirable and walkable neighborhoods. Financials are available upon request. This is a prime opportunity to own income-generating real estate just steps from the waterfront.
    16 days
    on Zillow
    |
    465
    |
    40
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2025 at 08:52am

    Listing Provided by:

    Tina Timmons 941-350-5030,

    ROSEBAY INTERNATIONAL REALTY, INC 941-366-7673

    Source: Stellar MLS,MLS#: A4658934MLS LogoOriginating MLS: Sarasota - Manatee

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Electric
    Cooling
    • Central Air, Ductless
    Appliances
    • Laundry: Common Area
    Features
    • Ceiling Fan(s)
    • Windows: Hurricane Shutters
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,952 sqft
    Video & virtual tour

    Property

    Features
    • Exterior features: Balcony, Private Mailbox
    Lot
    • Size: 10,237 Square Feet
    • Dimensions: 89 x 115
    Details
    • Parcel number: 3126100001
    • Zoning: RS3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: MANATEE COUNTY
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $225/sqft
    • Annual tax amount: $6,416
    • Date on market: 7/18/2025
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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