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Memphis

Memphis

Suburban Neighborhood in Palmetto, Florida

Manatee County 34221

$423,922 Average Value
$243 Average Price per Sq Ft
37 Homes For Sale

Bayside, suburban living north of Palmetto

Just a few miles north of Palmetto, Florida, Memphis is a peaceful, suburban neighborhood made up of residential, private and retirement communities. Compared to surrounding neighborhoods that are being developed at a rapid pace, Memphis remains a "Beautiful area with nearby access to beaches on the Gulf of Mexico and parks along the Terra Ceia Bay," says Greg Owens, a lead listing agent with Keller Williams on the Water. "It has small-town feel," Owens adds, and local civic associations, like that of Palmetto Point, are active participants in their communities. "Neighbors look out for each other," says Owens, "And people love living here. The homes are by the water and it's easy to get around." Featuring quiet neighborhood streets and cul-de-sacs lined with pristine waterfront homes, residents of Memphis are only a short drive away from Palmetto and have plenty of access to undisturbed "Old Florida"--meaning untouched natural areas along the coast. Despite maintaining a serene, laid-back vibe, Memphis is bordered by highways U.S. Route 19 and U.S. Route 41, which provides residents with quick access to the surrounding areas of St. Petersburg and Sarasota.

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.

Lagoons lined with homes adorn the western shores of Memphis.
Lagoons lined with homes adorn the western shores of Memphis.
The homes in Spanish Point exude warmth and Old World charm.
The homes in Spanish Point exude warmth and Old World charm.
Double wides with well kept landscaping line the streets of Skyway Village in Memphis.
Double wides with well kept landscaping line the streets of Skyway Village in Memphis.
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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.

Cheer on the Fightin' Tigers on game night at the Palmetto High stadium.
Cheer on the Fightin' Tigers on game night at the Palmetto High stadium.
Educational Harbor Christian School opened its doors in January of 2016.
Educational Harbor Christian School opened its doors in January of 2016.
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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.

Stop by Sea Breeze Point on Terra Ceia Bay for some great fishing.
Stop by Sea Breeze Point on Terra Ceia Bay for some great fishing.
Private docks are common at homes near the shores of Terra Ceia Bay in Memphis.
Private docks are common at homes near the shores of Terra Ceia Bay in Memphis.
The Palmetto Point Association has picnic areas, a dock, and boat ramp available to members.
The Palmetto Point Association has picnic areas, a dock, and boat ramp available to members.
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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.

Shrimp and scallop tacos is a signature dish at Sea Hut in Memphis.
Shrimp and scallop tacos is a signature dish at Sea Hut in Memphis.
Peggy's Corral has a vibrant atmosphere, live music, and community of motorcycle enthusiasts
Peggy's Corral has a vibrant atmosphere, live music, and community of motorcycle enthusiasts
Tacos La Pasadita serves residents of Memphis authentic Mexican cuisine.
Tacos La Pasadita serves residents of Memphis authentic Mexican cuisine.
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Route 41 runs through Memphis and bridges the bay to Terra Ceia.
Route 41 runs through Memphis and bridges the bay to Terra Ceia.

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.

Bayley Malo
Written By
Bayley Malo
Ryan Marchese
Photography Contributed By
Ryan Marchese
Zoe Sarris
Video By
Zoe Sarris

Agents Specializing in this Area

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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

Interested in learning more about homes in this area? Reach out to Mugsie Quinlan, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Sarasota/Bradenton International

23 min drive

Bus

Us 41 S & 49th St E

Bus

26th St W & Us 41 (Holy Cross)

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$282,500
Median Single Family Price
$313,750
Average Price Per Sq Ft
$243
Number of Homes for Sale
37
Last 12 months Home Sales
65
Months of Supply
6.80
Median List Price
$305,949
Median Discount From 1st List Price
6%
Median Home Sale Price YoY Change
-14%

Home Facts

Number of Homes in Neighborhood
1,206
Median Year Built
1985
Avg. Single Family Home Size Sq Ft
1,527
Significantly below the national average
1,937
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

  • Saturday, May 10
    1am - 3:30pm

    4707 1st Ave E Unit 4707, Palmetto, FL 34221

    $285,000

    • 3 Beds
    • 3 Baths
    • 1,586 Sq Ft
    • 4707 1st Ave E
    • Unit 4707
    • New 29 days ago

    Welcome home to this cozy three bedroom, three bath home in Oak Trail Condominiums. This home has an upgraded kitchen with white cabinets, beautiful granite tops and a matching backsplash to tie it all together. This is a well thought out floor plan. You'll enjoy a spacious family room and a large dining area. This home has a large master suite with walk in closet, shower and tub, and his and her

    Jason & Nicole Gabbard PARRISH REALTY OF FLORIDA

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  • Monday, May 5
    8am - 7pm

    416 28th St W, Palmetto, FL 34221

    $274,000

    • 3 Beds
    • 2 Baths
    • 1,291 Sq Ft
    • 416 28th St W

    One or more photo(s) has been virtually staged. Welcome to this charming property! The interior has been refreshed with a neutral color paint scheme that adds a touch of sophistication to the home. The primary bedroom features a spacious walk-in closet, perfect for your storage needs. Both the interior and exterior of the home have been recently painted, providing a clean and inviting look. In

    GREGORY BLACKALL OPENDOOR BROKERAGE LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Mugsie Quinlan, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

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.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Memphis
Mugsie Quinlan
PREMIER PROPERTIES OF SRQ LLC
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