Memphis
Suburban Neighborhood in Palmetto, Florida
Manatee County 34221
Diverse neighborhoods close to Terra Ceia Bay
Housing options in Memphis can be found in several diverse neighborhoods, each of which showcases a variety of architectural styles. Throughout this suburban community, neighborhood streets don't feature sidewalks and palm trees are common. Residents will find everything from groups of manufactured homes to colorful ranch- and Spanish revival-styles to large waterfront estates that overlook the Terra Ceia Bay. With an average sales price of $395,000, homes cost slightly less in Memphis than those in nearby Palmetto. Buyers can expect to find manufactured homes selling for $130,000, while more established, double-wide manufactured homes sell for around $200,000. Three-bedroom, single-family homes can be found for $325,000 and often feature traditional and Spanish revival stylings, with columned exteriors and red-tiled roofs. Homes in communities like Palmetto Point often have private waterfront access and price points can range from the mid $700,000s to upwards of a million dollars. With panoramic bayside views, these homes often feature striking architecture, paired with half- to multi-acre lots and their own private docks.
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Heading outdoors near the Tampa Bay
Whether relaxing by a private dock or stopping by Sea Breeze Point, the Terra Ceia Bay is a great place to spend time outside in Memphis. From fishing to boating and swimming, the water is never far away here. One popular place to enjoy is Emerson Point Preserve. Situated on the western end of Snead Island, right where the Tampa and Terra Ceia bays converge, this park is great to explore and take in the undisturbed Florida habitat. The preserve offers beaches, wildlife, boardwalks, walking trails and even a Native American historic site. Nearby, Blackstone Park, located directly across from Palmetto High School, is another place where residents can gather. This area offers athletic fields, a playground and a skate park for those who want to practice their ollies.
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Manatee County public schools nearby
Students in Memphis are served by the Manatee County School District, which ranks 25th out of the 67 school districts in Florida and receives an overall rating of B-plus from Niche. Elementary and middle school students can attend Palm View K-8 School, which received a rating of C-plus from Niche. Three miles away, Palmetto High serves older students in the area and receives a B-minus rating from Niche. In 2022, Palmetto High received 8 nominations for The Golden Herald Award from Manatee Memorial Hospital. This award is granted to high school seniors who show exemplary service to their school and community. Students in Grades 6 through 12 can also attend the Manatee School for the Arts. With the motto "Live the arts," this charter school boasts a 97% graduation rate and offers programs in music, dance, the digital arts and more.
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Tampa area destinations along Interstates 75 and 275
Just north of Palmetto, the community of Memphis is conveniently located between the popular destinations of St. Petersburg, Tampa and Fort Myers. Connected by major interstates like I-75 and I-275; and locally, by Route 41 and the Skyway Bridge, residents can easily cross the Manatee River into Bradenton or head to Tampa Bay to the beaches of St. Pete. The nearest hospital is HCA Florida Blake Hospital, which is just 10 minutes away in Bradenton and the closest airport is Sarasota Bradenton International Airport.Local shopping and dining in Palmetto
For shopping and dining options, residents of Memphis can stay local, or head over to the neighboring communities of Sarasota, Bradenton or St. Pete for additional retailers. For something to eat, locals can pick up an order of freshly made tacos from Tacos La Pasadita, a popular local food truck. Or stop by Peggy's Corral, a biker-friendly bar with a vibrant atmosphere, live music and pool tables where motorcycle enthusiasts can challenge one another to a game or two. Another popular spot is the Sea Hut Restaurant. This local establishment, which sits right along the Terra Ceia Bay, offers fresh seafood entrees, like their signature shrimp and scallop tacos paired with ice cold drinks. For groceries and the everyday essentials, residents can explore Palmetto and supermarkets like Aldi and Detwiler’s Farm Market, for fresh produce and local seafood options.
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Written By
Bayley Malo
Photography Contributed By
Ryan Marchese
Video By
Zoe Sarris
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Agents Specializing in this Area
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Joe Murphy
Joe Murphy
Responds QuicklyCOLDWELL BANKER REALTY
(941) 413-2825
267 Total Sales
1 in Memphis
$460,000 Price
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George Dustman, III
George Dustman, III
EXP REALTY LLC
(941) 208-0058
72 Total Sales
1 in Memphis
$210,000 Price
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Christopher Bush
Christopher Bush
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 960-7470
40 Total Sales
1 in Memphis
$265,000 Price
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Lisa Mayer
Lisa Mayer
FINE PROPERTIES
(941) 241-0715
63 Total Sales
1 in Memphis
$190,000 Price
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Mugsie Quinlan
Mugsie Quinlan
PREMIER PROPERTIES OF SRQ LLC
(941) 256-2366
140 Total Sales
1 in Memphis
$625,000 Price
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Kenneth Jones
Kenneth Jones
EXP REALTY LLC
(813) 733-5347
230 Total Sales
1 in Memphis
$360,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- Pre-K to 8th
- Public
- Pre-K to 12th
- Private
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Emerson Point Preserve
- Fishing
- Kayak/Canoe
- Hiking
Blackstone Park
- Baseball/Softball
- Dog Park
- Picnic Area
Madira Bickel Mound State Archaeological Site
- Picnic Area
- Trails
Lamb Park
- Basketball
- Picnic Area
- Tennis
Terra Ceia Preserve State Park
- Boating
- Fishing
- Kayak/Canoe
Felts Audubon Preserve
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Memphis | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 3 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 2 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Memphis Demographics and Home Trends
On average, homes in Memphis, Palmetto sell after 80 days on the market compared to the national average of 50 days. The median sale price for homes in Memphis, Palmetto over the last 12 months is $260,000, down 18% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$305,949
Median Sale Price
$260,000
Median Single Family Sale Price
$305,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
67
Median Home Sale Price YoY Change
-18%
Average Price Per Sq Ft
$242
Neighborhood Facts
Number of Homes in Neighborhood
1,208
Number of Homes for Sale
31
Median Year Built
1985
Months of Supply
5.60
Average Single Family Home Size Sq Ft
1,526
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
1,447
Average 2 Bedroom Size Sq Ft
1,329
Average 1 Bedroom Size Sq Ft
786
Median Lot Size Sq Ft
8,276
Open Houses
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Saturday, Jun 211 - 2:30pm
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Thursday, Jun 198am - 7pm
Distribution of Home Values
Homes for Sale
Homes for Rent
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,234
Median Age
50
Population Density
6 ppl/acre
Population under 18
18.7%
Below the national average
23.8%
Population over 65
30.3%
Above the national average
19.1%
Finances
Median Household Income
$67,217
Below the national average
$71,702
Average Household Income
$83,305
Education and Workforce
High School Graduates
89.6%
College Graduates
30.5%
On par with the national average
34.1%
Advanced Degrees
12.4%
% Population in Labor Force
58.3%
Below the national average
65.1%
Weather
Annual Precipitation
56''
Average Winter Low Temperature
53°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
30
/ 100
Car-Dependent
Walk Score®
6
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
West Ellenton
Rapidly-growing Palmetto suburb with Old Florida vibes
Terra Ceia
Historic community first settled by Timucuan Indians
Palmetto
A Gulf Coast city intent on preserving its past
Bradenton
Growing community anchored by a revitalized riverfront.
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