2 months on rocket

1507 10th Ave W, Palmetto, FL, 34221

$445,000

Home List Price

$5,284*

Closing Credit

4 Bedrooms
3 Baths
1,602 SqFt
$278/SqFt
Multi

Location

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1507 10th Ave W, Palmetto$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1948
HeatingCentral
CoolingCentral Air, Zoned
MLS #O6236531
Lot Size0.33 Acres
StatusActive

About 1507 10th Ave W

Located in the heart of Palmetto, just minutes from the pier and vibrant downtown, this fully furnished duplex is a rare find for savvy investors. This property offers a total of 4 bedrooms and 3 baths, split into two separate living spaces—a 3-bedroom, 2-bath main house, and a 1-bedroom, 1-bath apartment. Both units have been tastefully updated and are move-in ready, making this an ideal opportunity for immediate rental income. The versatility of this property is unmatched—rent out both units for maximum ROI, or live in one while generating steady income from the other. The main house features an open-concept layout with modern finishes, perfect for attracting long-term tenants or vacation renters. The additional 1-bedroom apartment offers a private space for short-term stays, extended family, or a dedicated mother-in-law suite. Situated near local attractions, shopping, and the waterfront, this duplex is positioned in a high-demand area, ensuring strong occupancy rates year-round. With its central location, turnkey condition, and dual-income potential, this property is an investor's dream come true. Don’t miss out on this lucrative investment opportunity—schedule a viewing today and start capitalizing on the vibrant Palmetto rental market!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Living Area: 1,602 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (407) 476-4127
  • Listing Agent: Maeva Faucher

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Irrigation System

Virtual/3D Tour

  • Virtual Tour: 1507 10th Ave W
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: US-41 BUS N/8th Ave W, Turn left onto 10th St W, Turn left onto 15th Ave W, Immediate right onto the back alley and the home will be the second entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000
  • Price Per SqFt: $278/SqFt

Tax Information:

  • Annual Amount: $1,903
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$391.1K

Med. Price/SqFt

$218

Avg. Days On Market

64

# of Sold Homes

55

1507 10th Ave W vs Palmetto

72 DAYS ON ROCKET

+8 Days

$445,000

+$53.8K More

$278/SqFt

+$60 More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price and $60/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6236531

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (407) 476-4127
  • Listing Agent: Maeva Faucher

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2013Home Sold
$84,500
Jun 14, 1999Home Sold
$87,200

Tax History

YEARPROP. TAXASSESSMENT
2020$1,903$107,353
2018$1,280$65,935
2017$1,280$58,409

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-372401
5
/10

  • Palmetto Elementary School

  • 1540 10th St W

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-372402
7
/10

  • James Tillman Elementary School

  • 1415 29th St E

  • 1.72 miles

  • Public Magnet Grades PK-5

school-card-donut-372403
2
/10

  • Ballard Elementary School

  • 912 18th St W

  • 2.52 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,036. The majority of Palmetto, FL residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Manatee County›Palmetto›34221›1507 10th Ave W

This home is located at 1507 10th Ave W in Palmetto, FL and zip code 34221. This 1,602 square foot home, which was built in 1948, sits on a 0.33 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $445,000.

Over 6 listings were sold over their listed price in October 2024 in Palmetto, FL. In the same period over 36 listings were sold below the listed price and 13 listings were sold for the listed price. The number of listings in Palmetto, FL decreased by 11.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $391,134, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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