Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    116 12Th St W Palmetto, FL 34221

    For Sale
    $499,999

    Quadruplex - PALMETTO, FL

    Type:Quadruplex
    Property size:
    2,400 SF
    Lot size:
    0.19 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 116 12Th St W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    PDR RSF6
    APN
    2595210002
    Interior features
    Ninguno, Open Floorplan
    Exterior features
    Private Mailbox
    Size
    2,400 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1969
    Number of units
    4
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    Wagner Realty (941) 727-2800 [email protected]

    Listing agent Ryan Hoffman (941) 727-2800 License #3051574

    Listing date Nov 4, 2025

    MLS# A4670198 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palmetto Quadruplex with Seller Financing

    This property features a concrete block fourplex, consisting of two individual concrete block duplexes situated on a single parcel. Each of the four units includes two bedrooms and one bathroom. The property has individual meters for each unit. The current tenants are on month-to-month leases, and the property can be delivered vacant upon possession. Seller financing is available. The property is located in close proximity to a bus line. The lot size is 0.19 acres. The property is zoned PDR RSF6. The property size is 2400 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.563348
    Latitude
    27.524

    Nearby Similar for Sale

    • $725,000
      5,132 SF

      Versatile Palmetto Duplex with ADU

      Unique duplex with ADU, ideal for multi-generational living.
      1499 17Th St W, Palmetto, FL 34221
      View Details
    • $1,500,000
      3,946 SF

      Equestrian Center with 20-Stall Barn

      4.9-acre Palmetto horse ranch with Mediterranean home and guest cabin.
      9510 36Th Ave E, Palmetto, FL 34221
      View Details
    • $60,000
      0.02 Acres

      RV Lot in 55+ Community

      RV lot with shed in waterfront 55+ community.
      136 Bahia Dr, Palmetto, FL 34221
      View Details
    • New
      $62,500
      0.01 Acres

      RV Lot in Tropic Isles

      RV lot in 55+ waterfront community, Palmetto, Florida.
      63 Terra Ceia Dr, Palmetto, FL 34221
      View Details
    • $250,000
      0.11 Acres

      Waterfront Lot in Palmetto, FL

      Oversized waterfront lot with direct canal access and new dock.
      196 Bimini Dr, Palmetto, FL 34221
      View Details
    • $52,000
      0.04 Acres

      Cleared RV Lot in Palmetto

      RV lot in 55+ waterfront community with many amenities.
      39 Montego Dr, Palmetto, FL 34221
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Palmetto, Florida, with potential for various uses.
    Where is this quadplex located?
    The property is located at 116 12Th St W Palmetto, FL.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: - Delivered vacant upon possession, offering immediate control and flexibility.; - Seller financing available, easing the acquisition process.; - Four units (4-plex) comprised of two duplexes on one parcel.
    (941) 727-2800
    Request Owner's contact information
    116 12Th St W Palmetto, FL 34221
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116 12Th St W
    Palmetto, FL 34221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 12Th St W Palmetto, FL 34221
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.