1117 4TH ST W new Save Request In-Person Tour Request Virtual Tour
Palmetto,FL 34221
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $224
Subdivision Manatee County
MLS Listing ID A4658934
Bedrooms 4
Year Built 1910
Annual Tax Amount $6,416
Lot Size 10,454 Sqft
Property Sub-Type Multi Family
Property Description
This fully leased, two-story, five-unit multifamily property is a rare investment opportunity located just one block from Safe Harbor Marina and within 1 mile distance to Palmetto's charming historic district. Surrounded by waterfront parks, local shops, and popular restaurants, the property is ideally situated to attract long-term tenants and capitalize on the area's continued growth.
Each of the five residential units is currently occupied, with all tenants on month-to-month leases, providing consistent income with the flexibility for future rent adjustments or repositioning. The building includes shared laundry facilities for tenant convenience, as well as open parking and a welcoming front porch that enhances the property's curb appeal and communal atmosphere.
With a strong rental history and a location that blends coastal living with everyday convenience, this property is perfect for investors seeking steady cash flow and long-term upside. Whether you're expanding your portfolio or entering the multifamily market, this is a turnkey asset in one of Palmetto's most desirable and walkable neighborhoods.
Financials are available upon request. This is a prime opportunity to own income-generating real estate just steps from the waterfront.
Location
State FL
County Manatee
Community Manatee County
Area 34221 - Palmetto/Rubonia
Zoning RS3
Interior
Heating Electric
Cooling Central Air,Ductless
Fireplaces Type Wood Burning
Laundry Common Area
Exterior
Exterior Feature Balcony,Hurricane Shutters,Private Mailbox
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Foundation Crawlspace
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Frame
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4658934