516 12TH ST W #A, PALMETTO, FL, 34221
$799,000
Residential Income
Bedrooms
8
Bathrooms
4
Living Area
1,224 Sqft
Lot Size
4,748 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFRTB8534428 Year Built: 1981
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Manatee
Exterior Features: Other Financial Data Source: Owner
Foundation Details: Slab Heating: Central
Laundry Features: None Lease Term: Twelve Months
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Sewer, Water
Utilities: Electricity Connected Water Source: Public
Window Features: Storm Window(s)
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