Listing Details for MLS # A4658539
600 4th Street W, Palmetto, Fl 34221

Residential Property - Single Family Residence in Palmetto

Listing Price: $395,000Days on Market: 12

Description of Property

Investment Opportunity Minutes from the Manatee River This property has been historically established as two separate units and offers the potential to be converted into three units, creating even more income opportunities for the savvy investor. Situated on .34 of an acre, this property offers a rare chance to invest in a prime location just minutes from the Manatee River and a short drive to Ellenton Premium Outlets. Only a few minutes fromSafe Harbor Regatta Pointe, which is known for its upscale amenities and waterfront dining. With plenty of room for RVs, boats, and additional vehicles, it’s a great fit for investors exploring rental income, long-term leasing, or Airbnb potential. The home does need cosmetic and structural updates, but the layout provides flexibility for a variety of uses. With the right improvements, this could become a strong income-producing property in one of the region’s most desirable and conveniently located areas. Property Highlights: Historically established as 2 units with potential for 3 units 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-75The average asking price for a 5 bedroom/3 bath single family residence in this Zip code is $594,309. This single family residence is listed at about 66% of the average asking price. There are 8 5 bedroom/3 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »