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Palmetto 55+ Community Lot
For Sale
$45,000

47 ILLINOIS STREET, Palmetto, FL 34221

Corner lot in active 55+ community with Gulf access.

Property SizeContact for details
Lot Size0.03 Acres
Days on Market166

Property Features for 47 ILLINOIS STREET

General Information

Standard status Active
Lot size 0.03 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $601

Amenities

Corner Lot
Pool
Public Pool
Near Golf Course
Private
Listing Agency: MARKEY REALTY & ASSOCIATES INC
Listed By: POLLY JONES · License #3043007
Source: Corcoran
Added: Feb 27 Changed: Aug 8 Last Checked: Jul 15 at 9:56PM

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 MARKEY REALTY & ASSOCIATES INC

Investment Insights

Based on property information with market context.

Located in Jet Park, an active 55+ community in Palmetto, Florida, this corner lot is situated in a central location near shopping, restaurants, groceries, and major thoroughfares. The low monthly fees are $195 per month. The lot can accommodate an RV, trailer, 5th wheel, mobile home, or park model. Residents have access to a boat ramp providing direct access to the Gulf of America, a picnic area with a fire pit, a kayak launch, shuffleboard, a pool, and a full clubhouse with a kitchen. The lot features upgraded pavers for a patio area.

Key Highlights

  • Direct Gulf access via community boat ramp.
  • Low monthly fees ($195) in a 55+ community.
  • RV, trailer, 5th wheel, mobile home, or park model allowed.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Butcher Acupuncture Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot in active 55+ community with Gulf access.
Where is this residential land & home lot located?
The property is located at 47 ILLINOIS STREET Palmetto, FL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Direct Gulf access via community boat ramp.; Low monthly fees ($195) in a 55+ community.; RV, trailer, 5th wheel, mobile home, or park model allowed.
More about this property
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