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$400,000

Beds
2
Baths
2.0
sq ft
1,675

1406 5th St W, Palmetto, FL 34221

1406 5th St W

PALMETTO, FL 34221

  • 3 days on market
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.

Details

Property type

Single Family Residence

Lot size

0.31 acres

Price per sq ft

$239

Year built

1925

Annual property taxes

$3,667.28

HOA

No

Price History

03/13/2025
StellarMLS

StellarMLS #A4644271

Listed
$400,000

Schools & Community

Elementary school: 

Palmetto Elementary-MN

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Status: Active

Tomo last checked: 03/17/2025 at 2:45 AM

Listing updated: 03/14/2025 at 6:54 AM

Listed by: Toni Zarghami, KW COASTAL LIVING III Phone #: (941) 900-4151

MLS: StellarMLS #A4644271

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