1406 5TH ST W new

Palmetto,FL 34221

$ 400000

2 Beds

2 Baths

1675 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,675 sqft

Price per Sqft $238

Subdivision Oakdale Square

MLS Listing ID A4644271

Bedrooms 2

Full Baths 2

Year Built 1925

Annual Tax Amount $3,667

Lot Size 0.310 Acres

Property Sub-Type Single Family Residence

Property Description

One or more photo(s) has been virtually staged. Welcome to the "Castles by the Sea" — a rare opportunity to own two 1925 homes in Historic Palmetto. Nestled on a generous lot, these castle-like properties combine timeless character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main house exudes charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that seamlessly blend historic character with modern potential. With one bedroom and one bathroom, this home provides a perfect canvas to embrace the elegance of the 1920s while adding your personal touches and modern updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom. The property is free from rental restrictions, allowing for short-term rentals — a lucrative opportunity for income generation. Perfectly situated just minutes from the scenic Manatee River, vibrant shopping, dining, and entertainment options, and offering easy access to the thriving cities of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" present an ideal combination of historic living and modern convenience.

Location

State FL

County Manatee

Community Oakdale Square

Zoning PL_RS-3

Interior

Heating Central,Electric

Cooling Central Air

Flooring Laminate,Tile,Wood

Fireplaces Type Living Room

Laundry Inside

Exterior

Exterior Feature French Doors,Private Mailbox

Parking Features Driveway

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Natural Gas Available,Public,Sewer Available,Water Available

Roof Type Concrete,Other

Building

Lot Description Historic District,City Limits,In County,Oversized Lot,Sidewalk

Story 1

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Stone

New Construction false

Schools

Elementary Schools Palmetto Elementary-Mn

Middle Schools Lincoln Middle

High Schools Palmetto High

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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