tomo logo

$788,900

Beds
2
Baths
2.0
sq ft
1,926

2118 7th St W, Palmetto, FL 34221

2118 7th St W

PALMETTO, FL 34221

  • <1 day on market
Welcome to "Palm Etto", a fully restored Florida mid-century modern masterpiece in Palmetto’s desirable river district, designed by renowned architect Richard Haskell Slater. This 2-bedroom,2-bath home, transformed in 2023/2024, seamlessly blends timeless design with modern luxury and lives larger than its footprint. Step through the gated entry, where a cascading water fountain and koi-filled pond create an instant sense of tranquility. Enjoy your morning coffee in “Koi Korner,” a peaceful southwest-facing nook, watching fish play and lily pad flowers bloom. True to its mid-century roots, floor-to-ceiling hurricane-rated impact glass with motorized shades merges indoor and outdoor living, while architectural surprises delight throughout. Original pecky cypress accents highlight the great room wall and two interior barn doors. The vaulted ceiling in the extended great room enhances the airy feel. Currently styled as a workspace, this flexible space could serve as a second dining or game room. Wide-plank neutral tile and a black, white, and natural palette create a cohesive, modern aesthetic. The kitchen features soft-close cabinetry, three lazy Susans, a built-in waste/recycling station,and a large fireclay farmhouse sink. New Samsung Bespoke white glass appliances (2024) are at its heart, including a gas multi-function range and whisper-quiet dishwasher. An under-sink reverse-osmosis system provides crystal-clear water. The adjacent Laundry/Pantry offers abundant storage and a large utility tub. The oversized primary suite, created by combining two former bedrooms, is a luxurious retreat with space for a sitting area, a king-sized bed and more. The custom walk-in closet offers ample storage, while the spa-inspired ensuite boasts a soaking tub and dual shower. A new vanity adds storage and a glass-paned door leads directly to the pool. The second bedroom features a charming alcove, a private pool door, and an oversized window showcasing swaying palms and the pool. Step outside to a custom saltwater pool (2023) with a sun ledge, twin fountains, a fire bowl, and a dazzling multi-function light show, all framed by a travertine deck. A secondary paver terrace off the living room slider expands your entertaining options.The lush, tropical landscaping consisting of a mix of hard and soft scaping, accented by a raised planter capable of holding over 40 large potted plants, enhances privacy while remaining surprisingly low-maintenance. This fully fenced double lot offers space for a tiki bar, meditation area, and boat or RV parking. Key Features & Upgrades: - Carport with storage (rebuilt 2020, convertible to a garage) - Aluminum & vinyl fencing (2023/2024) - Tankless water heater (2023) - 500-gallon in-ground propane tank - New insulation (2024) - New HVAC system (2024) - New 5-point compliant roof (2024) - Whole-home water softener Riverside Park offers a nostalgic, family-friendly atmosphere, with children playing and even a few chickens clucking! A public boat ramp just over a mile away provides easy access to the Manatee River and Gulf of Mexico. With no HOA or CDD restrictions, "Palm Etto" is more than just a home—it’s a private oasis, ready for your dreams. Schedule your showing today and experience the serenity and charm for yourself!

Details

Property type

Single Family Residence

Est. home value

$370,077

Lot size

0.31 acres

Price per sq ft

$410

Year built

1954

Annual property taxes

$4,625

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #A4641654

Listed
$788,900
-9.43%
06/27/2024
StellarMLS

StellarMLS #A4592894

Sold
$871,000
+3.08%
05/07/2024
StellarMLS

StellarMLS #A4592894

Removed
$845,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Playground, Tennis Court(s)

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

$534,824
Asking price
$788,900
Closing costs (~8% of asking)
-$63,112
Est. remaining loan balance
-$190,964
Cash to seller
$534,824

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

Seller’s Loan History

Lender

Champions Funding Llc

Loan start date

December 2023

Original loan amount

$193,000

Est. remaining balance

$190,964

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

Jamie Zeigler

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?

Status: Active

Tomo last checked: 02/22/2025 at 12:05 PM

Listing updated: 02/22/2025 at 6:55 AM

Listed by: Tim Lester, TIM LESTER INTERNAT'L REALTY Phone #: (941) 981-5388

MLS: StellarMLS #A4641654

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