PALMETTO, FL 34221 416 40TH STREET E
$384,000
Pending
63 more
Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283
Beds • 4
Baths • 4
SQFT • 1,944
Home Details
Under contract-accepting backup offers. Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026.
Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking.
Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone.
This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283
Interior Features for 416 40TH STREET E
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringTile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat
Laundry FeaturesInside, Laundry Room
Window FeaturesBlinds
General for 416 40TH STREET E
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityPALMETTO
Construction MaterialsBlock
CoolingCentral Air
CountyManatee
DirectionsFROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT
Elementary SchoolPalm View Elementary
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income43200
HeatingCentral, Electric
High SchoolPalmetto High
Land Lease Y/NNo
Legal DescriptionLOT 56, BLK 3, PALMETTO COUNTRY CLUB ESTATES FIRST UNIT PI#22791.0005/7
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet9627
Lot Size UnitsSquare Feet
MLS Area34221 - Palmetto/Rubonia
Middle/Junior High SchoolLincoln Middle
New ConstructionNo
Ok to Lease24 Months
OwnershipFee Simple
Patio/Porch FeaturesPatio, Screened
PossessionClose Of Escrow
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NamePALMETTO COUNTRY CLUB ESTATES FIRST UNIT
Tax Annual Amount4529.23
Tax Lot56
Tax Year2025
Tenant PaysElectricity, Gas, Sewer, Trash Collection, Water
Total Actual Rent3600
UtilitiesCable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1981
ZoningRSF6
Exterior for 416 40TH STREET E
Building Area Total2088
Exterior AmenitiesFenced
Foundation DetailsSlab
Lot Size Acres0.22
Lot Size Area9627
Number of Buildings1
Parking FeaturesDriveway
Private PoolNo
Road Surface TypeAsphalt, Paved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Diseidy Cardona
Realtor®
