Duplex Lot in Downtown
For Sale
$130,000
518 7th Avenue West, Palmetto, FL 34221
Rare duplex lot suitable for generational home or rental income.
Property SizeContact for details
Days on Market560
Property Features for 518 7th Avenue West
General Information
Standard status
Active
Property subtype
Land
Zoning
RM6
Taxes and HOA fees
Annual Taxes
$390
Amenities
No
Square Feet
Listing Agency:
COASTAL CONNECTION REALTY
(231) 675-5232
Listed By:
Jeff Greenway · License #528291
(231) 675-5232
Source:
Compass
Added: Jan 29, 2025
Changed: Aug 8
Last Checked: Jul 15 at 8:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COASTAL CONNECTION REALTY
Investment Insights
Based on property information with market context.
This property is a rare duplex lot located in downtown Palmetto, Florida. It presents an opportunity to build a generational two-family home or to live in one home and generate rental income from the second. Palmetto is situated on the west coast of Florida. Palmetto and Bradenton host multiple festivals and events centered on the Manatee River. Boat races, farmers markets, and food and music festivals are part of the riverside town experience. A new beach ferry service from the Bradenton Riverwalk provides access to the beaches of Anna Maria Island.
Key Highlights
- Rare duplex lot in downtown Palmetto, FL
- Potential for generational 2‑family home or rental income
- Located on Florida's West Coast in Palmetto
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rare duplex lot suitable for generational home or rental income.
Where is this residential land & home lot located?
The property is located at 518 7th Avenue West Palmetto, FL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Rare duplex lot in downtown Palmetto, FL; Potential for generational 2‑family home or rental income; Located on Florida's West Coast in Palmetto
