$370,000
SOLD APR 15, 2025

1121 7th St W Unit A & B Palmetto, FL 34221

3 Beds
2 Baths
1,900 Sq Ft
8,999 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

10% Below List Price

149 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • 3-minute walk to Sutton Park

About This Home

As of April 2025

INVESTOR SPECIAL: Versatile DUPLEX with Unlimited Potential in North Manatee County! ATTENTION savvy investors! Don’t miss this rare opportunity to own an income-generating duplex near the scenic Manatee River, perfect for multi-generational living, house hacking, or long-term tenants. Unit A: A charming 1-bedroom, 1-bath retreat featuring beautiful wood floors, an abundance of natural light, and a cozy kitchen-dining combo large enough for a small office space. Enjoy Florida’s fresh air year-round on the private screened lanai. Unit B: A spacious 2-bedroom, 1-bath unit with a bonus room ideal for dining or play. It boasts a separate laundry room, an oversized 1-car garage, and a shed for extra storage. Endless Possibilities with No HOA or CDD fees — park trailers, boats, RVs, and more without restrictions. Located just minutes from Anna Maria Island’s stunning beaches, Sutton Park, Emerson Point Preserve, and Safe Harbor Regatta Pointe. Convenient access to major destinations like St. Pete, Tampa, Orlando, Sarasota, and Naples. Whether you're seeking immediate cash flow or long-term appreciation, this property is a prime investment opportunity in a vibrant and growing community. Don't wait—schedule a showing today and secure your spot in this highly desirable location!

Last Agent to Sell the Property

Lori Skaggs

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3105491 Listed on: 10/02/2024

LPT REALTY, LLC

Last Buyer's Agent

Joseph Patoray

FINE PROPERTIES License #3198381

FINE PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,574

Year Built

  • Built in 1955

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 100x90

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Palmetto Elementary-Mn School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,455 Sq Ft Building
  • Anthony Community
  • Anthony Add Subdivision

Building Details

  • Operating Expense $12,500
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,574

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1900
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 2455
  • Lot Size Sq Ft: 8999
  • Directions to Property: From Ellenton, 301 S continue onto 10th St W, turn left on 10th Ave W, turn right on 7th St W, destination will be on left. You may park in driveway on 12th Ave W. Don't park on 7th St W.
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 524162049
  • RATIO Current Price By Calculate: 194.74
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Wood
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1121
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 176.52

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: RS3
  • Parcel Number: 2729600003
  • Additional Parcels: No
  • Lot Dimensions: 100x90
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 836

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Gross Income: 40800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 6574.26
  • Tax Block: 3
  • Tax Book Number: G-809
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Apr 15, 2025
Sold by
Golm Crystal D and Mikolasik Ryan
Bought by
Alvarez Adelso and Alvarez Morgan
Seller's Agent
Lori Skaggs
LPT REALTY, LLC
Buyer's Agent
Joseph Patoray
FINE PROPERTIES
List Price
$409,900
Sold Price
$370,000
Premium/Discount to List
-$39,900
-9.73%
Views
80
Current Estimated Value
$360,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,893
Avg. Annual Appreciation
-7.06%
Original Mortgage
$363,298
Outstanding Balance
$362,006
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$1,899

Purchase Details

Closed on
Oct 26, 2022
Sold by
Bastien Tracy J and Bastien Shaun
Bought by
Golm Crystal D and Mikolasik Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Bastien Tracy L and Bastien Shaun
Bought by
Bastien Tracy L and Bastien Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2015
Sold by
Favorite Bonne S and Alice A Sutton Trust
Bought by
Bastien Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Sutton Alice A and Sutton Ben F
Bought by
Sutton Alice A and Alice A Sutton Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $359,500 --
Interfamily Deed Transfer -- Allian Ce Group Title Llc
Warranty Deed $150,000 Alliance Group Title Llc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,298 New Conventional
Previous Owner $259,500 New Conventional
Previous Owner $212,500 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $370,000 -0.4% $195 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $371,500 -0.7% $196 / Sq Ft
02/01/2025 02/01/25 Price Changed $374,000 -2.1% $197 / Sq Ft
01/07/2025 01/07/25 Price Changed $382,000 -0.3% $201 / Sq Ft
12/12/2024 12/12/24 Price Changed $383,000 -0.3% $202 / Sq Ft
12/02/2024 12/02/24 Price Changed $384,000 -0.3% $202 / Sq Ft
11/16/2024 11/16/24 Price Changed $385,000 -5.1% $203 / Sq Ft
11/12/2024 11/12/24 Price Changed $405,500 -0.8% $213 / Sq Ft
10/21/2024 10/21/24 Price Changed $408,900 -0.2% $215 / Sq Ft
10/02/2024 10/02/24 For Sale $409,900 -- $216 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,490 $308,829 $70,125 $238,704
2024 $6,490 $320,303 $70,125 $250,178
2023 $6,574 $320,841 $70,125 $250,716
2022 $5,507 $146,077 $0 $0
2021 $2,097 $141,822 $0 $0
2020 $2,150 $139,864 $0 $0
2019 $2,098 $136,719 $0 $0
2018 $2,061 $134,170 $0 $0
2017 $1,920 $131,410 $0 $0
2016 $1,895 $128,707 $0 $0
2015 $899 $79,324 $0 $0
2014 $899 $78,694 $0 $0
2013 -- $77,531 $15,900 $61,631
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4625006

Stellar MLS

APN: 27296-0000-3