516 12th St W #A, photo 1
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Overview

8 bd4 ba1,224 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1981
Lot4,748 sqft
Living area1,224 sqft
Price / sqft$612

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About this home

Ninguno

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.

From the listing

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!

The essentials

Built
1981
Price / sqft
$612
On market
72 days
Annual tax
$3,320
Flood zone
X · Low risk
Lot
4,748 sqft
Type
Quadruplex

At a glance

Single family
Built 1981
4,748 sqft lot
Lot size
1,224 sqft
Living area

Payment

Est. monthly payment
$4,557/mo
Down payment (20%)
$149,800
Property taxes
$277/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1981
Lot
4,748 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
72
Ninguno
Flood Zone X
Annual Tax (2025)
$3,320
Parcel #
2647400109

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
Sharp & Turners Add To Palmetto
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
4,748 sqft

Price history

Date
Event
Price
9/3/2026
Price change
Source: Stellar MLS #TB8534428
$749,000-6.3%
$612/sqft
7/30/2026
Listed for sale
Source: Stellar MLS #TB8534428
$799,000
$653/sqft

Neighborhood

516 12th St W #A
Palmetto, FL, 34221 · 34221 - Palmetto/Rubonia

Market insights

Offer Insights

Choose an offer strength

List price: $749,000
$740,000 – $749,000
98.8% – 100% of listTops out right at the list price
80% of listList price
223 of the last 444 home closings in 34221 landed at this number or higher (50%). The median one sat 46 days before it went under contract, and this one is on day 72 after a $50,000 cut.

Sample: 444 closed home sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$4,557/mo
Principal & interest$3,906
Property taxes$277
Insurance$375
Down payment20% · $149,800
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%. 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.

Offer

What should I offer?

Have another question?

Brokered byEVRON & MCCARTHY REALTY LLCListing agent: Randy McCarthy, JrListing data from Stellar MLS, MLS# TB8534428.

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