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Renovated Two-Duplex Portfolio
For Sale
$799,000

A-516 12th St W, Palmetto, FL 34221

Four two-bedroom units feature updated interiors and major capital improvements for simplified ongoing ownership.

Property Size1,224 SF
Price / SF$652.78
Days on Market33

Property Features for A-516 12th St W

General Information

Standard status Active
Size 1,224 SF
Property subtype Residential Income

Units

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

Taxes and HOA fees

Annual Taxes $3,319

Building Details

Buildings 2
Listing Agency: EVRON & MCCARTHY REALTY LLC
Listed By: Randy McCarthy, Jr · License #3293568
Source: Exprealty
Added: Jul 30 Changed: Aug 30 Last Checked: Aug 30 at 12:00AM

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 Palmetto multifamily offering includes two duplexes, with 518 12th St W included in the sale. Together, the buildings contain four rental units, each configured with 2 bedrooms and 1 bathroom. The property size is 1,224 square feet. Interior renovations completed one year ago include updated kitchens, bathrooms, and flooring throughout the units.

Major building improvements include new roofs, central A/C systems, and hurricane-impact windows and doors. The combination of refreshed interiors and completed exterior and mechanical upgrades provides a cohesive multifamily asset in Palmetto for an investor or an owner-occupant seeking rental units.

Key Highlights

  • Two duplexes included in the sale, including 518 12th St W
  • Four total rental units, each with 2 bedrooms and 1 bathroom
  • 1,224 square feet of property size

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four two-bedroom units feature updated interiors and major capital improvements for simplified ongoing ownership.
Where is this duplex located?
The property is located at A-516 12th St W 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 duplexes included in the sale, including 518 12th St W; Four total rental units, each with 2 bedrooms and 1 bathroom; 1,224 square feet of property size
More about this property
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