Search
Renovated Four-Unit Quadplex Property
New
For Sale
$799,000

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

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 Market6

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

Amenities

0.11 acres, Dimensions: 50x95
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 2647400109, Public Survey Range: 17E, Public Survey Section: 14, Annual Amount: $3,319.6, Tax Block: D, Tax Book Number: 1-313, Legal Description: LOT 18 BLK D SHARP & TURNERS ADD PI#26474.0010/9, Lot: 18, Year: 2025, Zoning: RM6
Gross Income: $68,400
Central Air
Central
Listing ID: MFRTB8534428, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-07-30, 1 day on market, Special Conditions: None
Storm Window(s)
8 total bedrooms
Built in 1981, Living area: 1224, Living area units: Square Feet, Construction Materials: Block
Subdivision: SHARP & TURNERS ADD TO PALMETTO, MLS Area (Major): 34221 - Palmetto/Rubonia, County/Parish: Manatee
4 total bathrooms
Electricity Connected, Water Source: Public, 4 separate electric meters, 4 separate water meters
Slab
Electricity, Sewer, Water
Road Surface: Paved
Ninguno

Building Details

Year Built 1981
Buildings 2
Listing Agency: EVRON & MCCARTHY REALTY LLC
Listed By: Randy McCarthy, Jr · License #3293568
Source: Miharaandassociates
Added: Jul 30 Changed: Aug 4 Last Checked: Aug 4 at 5:02AM

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

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

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Acupuncture Butcher Carpet & Flooring Store 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.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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