$200,000
$30K PRICE DROP

428 40th Ct W Palmetto, FL 34221

Estimated payment $1,422/month

Total Views 5,041
2 Beds
2 Baths
1,091 Sq Ft
$183 Price per Sq Ft

Highlights

  • Open Floorplan
  • Stone Countertops
  • Cul-De-Sac
  • Vaulted Ceiling
  • Community Pool
  • Skylights

About This Home

The Perfect 2-bedroom, 2-bathroom villa with a 1-car garage, nestled in a well-maintained community of just 97 single-family homes. This home offers an inviting open-concept design, perfect for both relaxation and entertaining. HOA is scheduled to replace the roof next year. The kitchen is beautifully updated featuring granite countertops, stainless steel appliances, and a seamless flow into the spacious living room. Sliding glass doors open to an enclosed sitting area, which leads to a fenced backyard, creating the perfect space for outdoor enjoyment. The primary suite boasts a walk-in closet and an ensuite bathroom for ultimate comfort. Enjoy your morning coffee on the charming front porch, soaking in the peaceful surroundings. This sought-after neighborhood offers full lawn maintenance, basic cable services, and a community pool—all included for easy living. Conveniently located just minutes from Terra Ceia Bay, you'll have quick access to waterfront activities, parks, and more. Don’t miss out on this fantastic opportunity east access to 75 and direct access to 275! Schedule your showing today!

Listing Agent

Jeff Davis

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3375981 Listed on: 04/17/2025

FINE PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1989

Lot Details

  • 2,962 Sq Ft Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Fenced

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Villa
  • Courtyard Style Home
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Doors
  • Living Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Palm View Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pest control
  • Sunvast Properties Association, Phone Number (941) 378-0260
  • Visit Association Website
  • Melwood Oaks Sub Community
  • Melwood Oaks Ph Iib Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 45 lbs
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1989

Lot Details

0

HOA Fees

$235 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Bungalow, Courtyard
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1091
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1492
  • Lot Size Sq Ft: 2962
  • Directions to Property: Turn right onto 49th St E/Experimental Farm Rd Turn left onto US-19 S Turn right onto 43rd St Blvd W Turn left onto 3rd Ave W Turn right onto 40th Ct W
  • Status: Active
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047148
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 183.32
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Skylight(s), Blinds
  • Street Number Modifier: 428
  • Additional Rooms: Inside Utility
  • Living Area Meters: 101.36
  • Room Count: 4

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Other, Patio, Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0162E

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Association Name: Sunvast Properties
  • Phone: 941-378-0260
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pets must be well behaved and kept on a leash in common areas. Cats must be confined to fenced in areas. Owners must clean up after their pets or be subject to a fine.
  • Association Fee Requirement: Required
  • Max Pet Weight: 45
  • Association Email: info@sunvast.net
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: www.melwoodoaks.com

Fee Information

  • Total Annual Fees: 2820.00
  • Total Monthly Fees: 235.00
  • Monthly HOA Amount: 235.00

Schools

  • Elementary School: Palm View Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380712352
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 275

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Rules and Regs and contact HOA

Tax Info

  • Tax Annual Amount: 1446
  • Tax Book Number: 25-3
  • Tax Lot: 10

Multi Family

  • Approval Process: See HOA Rules and Regs.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,505 $136,261 -- --
2024 $1,505 $132,421 -- --
2023 $1,533 $133,441 $0 $0
2022 $1,463 $129,554 $0 $0
2021 $1,404 $125,781 $0 $0
2020 $1,439 $124,044 $32,500 $91,544
2019 $1,666 $107,532 $20,000 $87,532
2018 $1,446 $85,586 $5,000 $80,586
2017 $1,293 $81,818 $0 $0
2016 $1,236 $78,323 $0 $0
2015 $987 $64,100 $0 $0
2014 $987 $56,047 $0 $0
2013 $993 $55,795 $11,069 $44,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Price Changed $200,000 -4.8% $183 / Sq Ft
07/29/2025 07/29/25 Price Changed $210,000 -1.9% $192 / Sq Ft
07/04/2025 07/04/25 Price Changed $214,000 -2.3% $196 / Sq Ft
07/01/2025 07/01/25 For Sale $219,000 0.0% $201 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/01/2025 06/01/25 For Sale $219,000 0.0% $201 / Sq Ft
05/14/2025 05/14/25 Off Market $219,000 -- --
05/09/2025 05/09/25 Price Changed $219,000 -2.7% $201 / Sq Ft
04/21/2025 04/21/25 Price Changed $225,000 -2.2% $206 / Sq Ft
04/17/2025 04/17/25 For Sale $230,000 +38.6% $211 / Sq Ft
06/04/2019 06/04/19 Sold $166,000 -0.9% $142 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 Price Changed $167,500 -1.4% $143 / Sq Ft
03/26/2019 03/26/19 For Sale $169,900 0.0% $145 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $169,900 -2.9% $145 / Sq Ft
01/10/2019 01/10/19 Price Changed $174,900 -2.8% $149 / Sq Ft
10/26/2018 10/26/18 Price Changed $179,900 -1.4% $154 / Sq Ft
10/23/2018 10/23/18 For Sale $182,500 0.0% $156 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $182,500 +157.0% $156 / Sq Ft
01/17/2014 01/17/14 Sold $71,000 -5.2% $65 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
12/04/2013 12/04/13 Price Changed $74,900 -11.8% $69 / Sq Ft
11/04/2013 11/04/13 For Sale $84,900 -- $78 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $166,000 Attorney
Interfamily Deed Transfer -- Integrity Title Services Inc
Special Warranty Deed $71,000 Attorney
Warranty Deed -- Attorney
Trustee Deed -- Attorney
Warranty Deed $122,000 Masters Title Services Inc
Warranty Deed $107,500 --
Warranty Deed $59,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,993 FHA
Previous Owner $87,260 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $15,000 Credit Line Revolving
Previous Owner $110,725 VA
Previous Owner $52,500 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4649394

Stellar MLS

APN: 23807-1235-2