416 40th St E Palmetto, FL 34221
Estimated payment $2,459/month
Highlights
- Main Floor Primary Bedroom
- Family Room Off Kitchen
- Solid Wood Cabinet
- No HOA
- Screened Patio
- Laundry Room
About This Home
Under contract-accepting backup offers. Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026. Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking. Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
Listing Agent
DALTON WADE INC Brokerage Phone: 888-668-8283 License #3393331 Listed on: 04/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,529
Year Built
- Built in 1981
Lot Details
- 9,627 Sq Ft Lot
- Fenced
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,944 Sq Ft Home
- Ceiling Fan
- Blinds
- Family Room Off Kitchen
- Combination Dining and Living Room
- Tile Flooring
- Fire and Smoke Detector
- Solid Wood Cabinet
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Outdoor Features
- Screened Patio
Schools
- Palm View Elementary School
- Lincoln Middle School
- Palmetto High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 56 / 3
- Assessor Parcel Number 2279100123
Community Details
Overview
- No Home Owners Association
- 2,088 Sq Ft Building
- Palmetto Country Club Estates Community
- Palmetto Country Club Estates First Unit Subdivision
Building Details
- Gross Income $43,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,268 | $289,668 | $50,150 | $239,518 |
| 2023 | $4,369 | $285,310 | $39,950 | $245,360 |
| 2022 | $4,257 | $276,794 | $25,000 | $251,794 |
| 2021 | $2,163 | $161,029 | $25,000 | $136,029 |
| 2020 | $2,150 | $156,132 | $25,000 | $131,132 |
| 2019 | $1,951 | $138,930 | $15,000 | $123,930 |
| 2018 | $1,678 | $107,446 | $9,900 | $97,546 |
| 2017 | $1,256 | $65,000 | $0 | $0 |
| 2016 | $1,264 | $65,000 | $0 | $0 |
| 2015 | $1,420 | $65,000 | $0 | $0 |
| 2014 | $1,420 | $74,997 | $0 | $0 |
| 2013 | $1,476 | $78,000 | $8,100 | $69,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/24/2026 05/24/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | For Sale | $384,000 | +23.9% | $198 / Sq Ft | |
| 12/31/2021 12/31/21 | Sold | $310,000 | +8.8% | $159 / Sq Ft | View Prior Sale |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- | |
| 11/15/2021 11/15/21 | For Sale | $284,900 | -- | $147 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | American National Title Llc | |
| Deed | $930,000 | American National Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $85,500 | -- | |
| Warranty Deed | $85,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | New Conventional | |
| Previous Owner | $139,950 | New Conventional | |
| Previous Owner | $76,950 | No Value Available | |
| Previous Owner | $76,500 | No Value Available |
Source: Stellar MLS
MLS Number: A4690441
APN: 22791-0012-3
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.