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Renovated Four-Unit Quadplex Property

516 12TH STREET W #A, Palmetto, FL 34221

For Sale
$799,000

Two duplex buildings offer updated kitchens, baths, flooring, roofs, central A/C systems, windows, and doors.

Property Size1,224 SF
Price / SF$652.78
Days on Market103

Property Features for 516 12TH STREET W #A

General Information

Standard status Active
Size 1,224 SF
Property subtype Quadruplex

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 1981
Buildings 2
Listing Agency: EVRON & MCCARTHY REALTY LLC
Listed By: Randy McCarthy, Jr · License #3293568
Source: Endlesssummerrealty
Added: Jul 30 Changed: Sep 3 Last Checked: Nov 8 at 6:13AM

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 EVRON & MCCARTHY REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This quadplex property comprises two duplex buildings with four total rental units. Each residence includes two bedrooms and one bathroom, creating a consistent unit mix across the property. Kitchens, bathrooms, and flooring were updated one year ago, while new roofs, central A/C systems, and hurricane-impact windows and doors provide additional improvements throughout. The property was built in 1981 and has a reported property size of 1,224 square feet.

The sale includes the duplex at 518 12th St W along with the property at 516 12th Street W #A in Palmetto, Florida. The combination of two-bedroom layouts and completed building improvements provides a straightforward multifamily configuration for continued rental use.

Key Highlights

  • Four total rental units arranged across two duplex buildings
  • Consistent unit mix: four 2‑bedroom, 1‑bathroom units
  • Kitchens, bathrooms, and flooring updated one year ago

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

961
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two duplex buildings offer updated kitchens, baths, flooring, roofs, central A/C systems, windows, and doors.
Where is this quadplex located?
The property is located at 516 12TH STREET W #A Palmetto, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four total rental units arranged across two duplex buildings; Consistent unit mix: four 2‑bedroom, 1‑bathroom units; Kitchens, bathrooms, and flooring updated one year ago
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