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

516 12th Street W A, Palmetto, FL 34221

Two duplex buildings provide updated two-bedroom residences with recent major-system improvements in Palmetto.

Property Size1,224 SF
Price / SF$652.78
Days on Market2

Property Features for 516 12th Street W A

General Information

Standard status Active
Size 1,224 SF
Property subtype Multi-Family

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: Whitesandsfl
Added: Sep 1 Last Checked: Sep 1 at 10:11PM

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 multifamily offering includes two duplex buildings and four rental units in total. Each building contains two two-bedroom, one-bath units. The sale also includes 518 12th St W in addition to the property at 516 12th Street W A. Interior renovations completed one year ago include kitchens, bathrooms, and flooring, giving the units a consistent updated finish.

Major improvements include new roofs, central A/C systems, and hurricane-impact windows and doors throughout the property. The buildings were constructed in 1981 and are located in Palmetto, Florida.

Key Highlights

  • Two duplex buildings with four total rental units
  • Each unit includes 2 bedrooms and 1 bathroom
  • Kitchen, bathroom, and flooring updates completed one year ago

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Law Firm Locksmith Butcher

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

1,001
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two duplex buildings provide updated two-bedroom residences with recent major-system improvements in Palmetto.
Where is this duplex 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: Two duplex buildings with four total rental units; Each unit includes 2 bedrooms and 1 bathroom; Kitchen, bathroom, and flooring updates completed one year ago
More about this property
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