$395,000

600 4th St W Palmetto, FL 34221

Estimated payment $2,698/month

Total Views 230
5 Beds
3 Baths
2,630 Sq Ft
$150 Price per Sq Ft

Highlights

  • Popular Property
  • City View
  • Florida Architecture
  • Property is near a marina
  • Property is near public transit
  • Wood Flooring

About This Home

Investor Special Near the Manatee River
This is your chance to own a prime investment opportunity just minutes from the Manatee River and a short drive to Ellenton Premium Outlets. With three separate living units, an adjacent guest apartment, and ample parking for RVs, boats, and more, this property is a rare find for the savvy investor or buyer looking for rental income, Airbnb potential, or multi-generational living.

While the property does need some cosmetic and structural updates, the bones are solid and the layout offers flexibility and functionality. With the right vision and improvements, this could be a high-return investment in one of the region’s most desirable locations.

Property Highlights:

Three separate living units + bonus apartment
Ideal for Airbnb, long-term rental, or owner-occupancy with income
Ample driveway with room for RVs, boats, and multiple vehicles
Walking distance to the Manatee River
10-minute drive to Ellenton Premium Outlets & I-75
Whether you're flipping, renting, or renovating to hold, this property checks all the boxes for location, layout, and upside potential.

Listing Agent

Michael Dailey

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #3619388 Listed on: 07/17/2025

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 1935

Lot Details

  • 0.34 Acre Lot
  • South Facing Home
  • Corner Lot
  • Oversized Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RM6

Property Views

  • City
  • Woods

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • High Ceiling
  • Fireplace Features Masonry
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Dinette
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Outdoor Storage

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Willis Community
  • Willis Add To Palmetto Continued Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,117

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Frame
  • Fireplace: Yes
  • Living Area: 2630
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1935
  • Building Area Total: 2680
  • Lot Size Sq Ft: 12197
  • Directions to Property: From US 301 South turn on to 10th St W. Turn left onto 5th Ave W. Turn right onto 5th St. Turn left onto 6th Ave W. Turn right onto 4th St W. The destination will be on your right.
  • Status: Active
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 150.19
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-907-1033
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Masonry
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 3
  • Interior Amenities: High Ceilings
  • Appliances Included: Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 600
  • Living Area Meters: 244.33
  • Room Count: 12

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • View: City, Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Condo Land Included YN: 0

Fee Information

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

Lot Info

  • Zoning: RM6
  • Parcel Number: 2779000005
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, Landscaped, Near Marina, Near Public Transit, Oversized Lot
  • Property Attached Yn: No
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 1133

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify all lease restrictions

Tax Info

  • Tax Annual Amount: 6117
  • Tax Block: 4
  • Tax Lot: 7

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

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $395,000 +5.3% $150 / Sq Ft
03/18/2022 03/18/22 Sold $375,000 -3.8% $143 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $390,000 -13.3% $148 / Sq Ft
01/17/2022 01/17/22 For Sale $450,000 -- $171 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: A4658539

Stellar MLS

APN: 27790.0000-5