tomo logo

$409,000

Beds
Unknown
sq ft
947

1318 6th St W, Palmetto, FL 34221

1318 6th St W

PALMETTO, FL 34221

  • 1 day on market
Great Investment opportunity walkable to the River, Shops and Restaurants! Three years as a strong Short Term Rental home with over 100 reviews between Airbnb & VRBO it's easy to start making income right away! Exceptional reviews on both platforms and so many updates you can have peace of mind knowing this investment is worry-free! The main home features 2 bedrooms and a large bathroom, as well as an open concept living and dining area that opens up to your kitchen. Your guests will enjoy a true southern front porch and a large screened in lanai in the backyard. The newly built pool is heated, and saltwater treated and provides plenty of entertaining space with your large corner fenced in yard. The detached studio space offers a full-size bed and full bathroom just build in 2022. Come see why guests love this home and realize your income potential today!

Details

Property type

Duplex

Est. home value

$332,971

Lot size

8,002 sq ft

Price per sq ft

$432

Year built

1930

Annual property taxes

$5,013

HOA

No

Price History

04/02/2025
StellarMLS

StellarMLS #A4646702

Listed
$409,000
04/01/2025
StellarMLS

StellarMLS #A4627892

Removed
$409,000
03/23/2025
StellarMLS

StellarMLS #A4627892

Price change
$409,000
-3.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$191,792
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$184,488
Cash to seller
$191,792

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2021

Original loan amount

$200,000

Est. remaining balance

$184,488

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Stephen Adair and Jessica Adair

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 5:05 AM

Listing updated: 04/03/2025 at 6:58 AM

Listed by: Jessica Adair, MARCUS & COMPANY REALTY Phone #: (941) 932-8550

MLS: StellarMLS #A4646702

StellarMLS logo

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