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$284,900   Price Analysis
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416 40th St E
Palmetto, FL 34221
Unknown bed None bath 1,944 SqFt ($146/SqFt)
9,583SqFt lot. Built 1981
Listed 2021-11-16, Taxes $4,257
USDA Eligible
near Rubonia, FL
 

Turn-key cashflow!

* No Longer For Sale *
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Both units are big 2 bedroom/ 2 bathroom with cntral HVAC and individual W/D hookups. Proper ty has been well maintained with long term tenants in place. High demand area-- excellent location in close proximity to Manatee beaches and easy access to I275.

Downtown St Petersburg is literally 20 minutes away over the Skyway Bridge. Each unit has 2 designated off-street parking spots on paved parking area. Rents for identical units across the street support a market rent of $1250/mo in current condition. Remodeled units have even greater revenue potential.


Presented by Bennett Andrews at
INVESTRITE REALTY.


Property MLS #U8143419 from StellarMLS

Total Bathrooms: 0

Laundry Features: Inside

Cooling Features: Central Air
Heating Features: Central

Lot Size Acres: 0.22
Lot Size Square Feet: 9583

Road Surface Type: Asphalt

Number of Buildings: 1
Number of Units: 2

Calculated Total Monthly Association Fees: 0

Miscellaneous 2: As-Is, List Agent is Owner, No Sign
Annual Tax Amount: 2163.00
Source Listing Status: Sold
County: Manatee
Directions: From 39th St E turn right on 3rd Ave Dr E. Turn right on 40th St E, go to site.
Tax Year: 2020
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 34221 - Palmetto/Rubonia
Source Neighborhood: PALMETTO COUNTRY CLUB ESTATES FIRST UNIT
Postal Code Plus 4: 9532
Subdivision: PALMETTO COUNTRY CLUB ESTATES FIRST UNIT
Township: 34
Zoning: RSF6
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$251,794 + $25,000
$276,794
$4,257
2021$unknown + $unknown
$99,041
$2,163
2020$unknown + $unknown
$90,037
$2,149
2019$unknown + $unknown
$78,650
$1,950
2018$97,546 + $9,900
$107,446
$1,677
2017$56,000 + $9,000
$65,000
$1,255
2016$56,000 + $9,000
$65,000
$1,264
2015$56,800 + $8,200
$65,000
$1,273
2014$unknown + $unknown
$74,997
$1,419
2013$unknown + $unknown
$78,000
$1,475
2012$unknown + $unknown
$73,007
$1,396
2011$unknown + $unknown
$86,562
$1,626
2010$unknown + $unknown
$87,647
$1,612
2009$unknown + $unknown
$104,103
$1,857
2008$unknown + $unknown
$114,265
$1,976
2007$unknown + $unknown
$116,418
$2,026

Listing removed 2024-07-11
$0
Avail
Listed for rent 2024-07-05
$1,800
Avail
Listing removed 2024-07-04
$0
Avail
Listing removed 2024-07-03
$0
Avail
Price Changed for rent 2024-06-18
$1,800
Avail
Listed for rent 2024-06-12
$1,900
Avail
Listing removed 2024-06-11
$0
Avail
Listed for rent 2024-06-06
$1,900
Avail
Listing removed 2024-06-05
$0
Avail
Price Changed for rent 2024-05-28
$1,900
Avail
Listed for rent 2024-05-21
$1,950
Avail
Listing removed 2022-12-08
$0
Avail
Listed for rent 2022-11-23
$1,800
Avail
Sold 2021-12-31
$310,000
StellarMLS
Listed 2021-11-16
$284,900
StellarMLS
Sold 2002-10-29
$85,500
Public Record
Sold 1997-04-01
$85,000
Public Record

Total Square Feet Living: 1944
Year Built: 1981
Construction Materials: Block
Foundation Details: Slab
Property Age: 41
Roof: Shingle

Sewer: Public Sewer
Public
Water Source: Public

Palm View Elementary School is a public elementary and middle school located approximately 1.2 miles away.
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Palmetto High School is a public high school located approximately 1.8 miles away.
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Educational Harbor Christian School is a private elementary, middle and high school located approximately 1.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.