Listing Details for MLS # A4644271
1406 5th Street W, Palmetto, Fl 34221

Residential Property - Single Family Residence in Palmetto

Listing Price: $330,000Days on Market: 195

Description of Property

One or more photo(s) has been virtually staged. CASH ONLY! Step into a timeless classic filled with warmth, character, and charm. This historic property has gracefully stood the test of time and is ready for its next chapter. Welcome to the "Castles by the Sea," a rare opportunity to own two 1925 homes in the heart of Historic Palmetto. Nestled on a generous lot, these castle-like residences combine enduring 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 home exudes vintage charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that blend historic appeal with modern potential. With one bedroom and one bathroom, it provides the perfect canvas to embrace 1920s elegance while adding your personal touches and contemporary updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom, ideal for guests or rental income. Free from rental restrictions, this property allows for short-term rentals, making it a lucrative opportunity for investors or homeowners seeking flexibility. Perfectly situated just minutes from the scenic Manatee River, local dining, shopping, and entertainment, and within easy reach of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" offer the perfect balance of historic charm and modern convenience.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $471,104. This single family residence is listed at about 70% of the average asking price. There are 6 2 bedroom/2 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »