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About this home
516 12th St W #A is a 1981-built home in Sharp & Turners Add To Palmetto, Palmetto. Inside you'll find 8 bedrooms, 4 bathrooms, and 1,224 square feet of living space. Listed at $749,000 (about $612/sqft), 72 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to this beautifully renovated income-producing property in the heart of Palmetto, offering an outstanding opportunity for both investors and owner-occupants. This unique property consists of two duplexes, including 518 12th St W (included in the sale), each featuring two 2-bedroom, 1-bathroom units, providing a total of four well-designed rental units. Each unit has been thoughtfully updated with modern finishes, including fully updated kitchens, bathrooms, and flooring completed just one year ago, creating a clean, stylish, and low-maintenance living environment that appeals to today’s tenants. Major capital improvements have already been completed, including new roofs, new central A/C systems, and all new hurricane-impact windows and doors, offering peace of mind, improved energy efficiency, and reduced future maintenance costs. Whether you're looking to expand your real estate holdings or secure a fully renovated, turnkey multifamily asset, this property delivers exceptional value and long-term income potential. Don’t miss this rare opportunity in Palmetto!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$749,000
$612 per sq ft
Beds and baths
8 beds, 4 baths
Size
1,224 sq ft
Time on market
72 days
Year built
1981
Monthly payment
About $4,557/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,320 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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