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Overview

3 bd2 ba1,104 sqft1 car garageVilla
TypeVilla
HOA$290/mo
Built1987
Lot4,269 sqft
Living area1,104 sqft
Price / sqft$199
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Cathedral Ceiling(s)LightingPrivate EntrancePoolDryerElectric Water HeaterMicrowaveRange

302 40th Street Cir W is a 1987-built home in Melwood Oaks Ph I, Palmetto. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,104 square feet of living space. Listed at $220,000 (about $199/sqft), 70 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $290 monthly.

From the listing

Virtually Staged. Move-in ready and packed with upgrades, this 2 bedroom, 2 bath villa with a loft delivers incredible value. Kitchen and Baths have been updated. Enjoy brand-new laminate flooring, new carpet, and a bright corner-unit layout with your own one-car garage. Tucked away on a quiet dead-end street, you get privacy and peace with no through-traffic. Comes partially furnished. Major expenses have already been handled: the HOA has replaced the roof on this home, is replacing roofs throughout the neighborhood, and will soon repaint all exterior buildings — all for just $290/month. That means fewer surprises and more long-term savings. Perfect for anyone working in St. Pete, this location offers an easy commute while giving you a comfortable, low-maintenance place to come home to.

The essentials

Built
1987
Price / sqft
$199
On market
70 days
Annual tax
$2,924
HOA
$290/mo
Flood zone
X · Low risk
Lot
4,269 sqft
Type
Villa

At a glance

Villa
Built 1987
Community pool
Shared amenity
1 car garage
4,269 sqft lot
Lot size
1,104 sqft
Living area

Payment

Est. monthly payment
$1,791/mo
Down payment (20%)
$44,000
Property taxes
$244/mo
HOA
$290/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Villa
Year Built
1987
Lot
4,269 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
70
Cathedral Ceiling(s)
Lighting
Private Entrance
Pool
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$2,924
Parcel #
2380710505

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Melwood Oaks Ph I
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
4,269 sqft
HOA
$290/mo
James

Price history

Date
Event
Price
8/3/2026
Listed for sale
Source: Stellar MLS #A4702013
$220,000
$199/sqft

Neighborhood

302 40th Street Cir W
Palmetto, FL, 34221 · 34221 - Palmetto/Rubonia

Market insights

Offer Insights

Choose an offer strength

List price: $220,000
$220,000
99.5% – 100% of listTops out right at the list price
80% of listList price
29 of the last 46 townhouse or villa closings in 34221 landed at this number or higher (63%). The median one sat 49 days before it went under contract, and this one is on day 70.

Sample: 46 closed townhouse or villa sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,791/mo
Principal & interest$1,147
Property taxes$244
Insurance$110
HOA$290
Down payment20% · $44,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$220,000

$199 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,104 sq ft

Time on market

70 days

Year built

1987

Monthly payment

About $1,791/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,924 annual tax bill, insurance, and the $290/mo HOA fee.

HOA fee

$290/mo

Managed by James.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byPREFERRED SHORE LLCListing agent: Grace BonaccorsoListing data from Stellar MLS, MLS# A4702013.

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