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About this home
502 7th Ave W is a 1905-built home in Willis Add To Palmetto Continued, Palmetto. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,693 square feet of living space. Listed at $395,000 (about $233/sqft), 61 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to 502 7th Avenue West, a classic, well-built 3-bedroom, 2.5-bathroom home situated on a spacious corner lot in a quiet Palmetto neighborhood with wonderful neighbors. Designed with a functional layout where every detail has been thoughtfully considered, the home features expansive living space, a large kitchen, a whole-house water filtration system, and a dedicated kitchen reverse osmosis system. The outdoor setup is a real standout, featuring a private backyard with a convenient outdoor shower, no HOA or CDD fees, and an oversized detached 2-car garage offering ample space for vehicles and additional storage. Additionally, RV and boat owners will appreciate the convenience of dedicated parking without deed restrictions, and those with entrepreneurial spirits will find the zoning conducive to running a home-based business. Located just a couple of minutes from the Manatee River and local boat ramps, you are blocks from historic downtown Palmetto with quick access to US-41 and I-75 for easy drives to Bradenton, Sarasota, St. Petersburg, and nearby Gulf beaches—so whether you're searching for a charming forever home, a savvy live/work investment, or a turnkey B&B with an established track record, this one-of-a-kind property delivers it all!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
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
$395,000
$233 per sq ft
Beds and baths
3 beds, 3 baths
Size
1,693 sq ft
Time on market
61 days
Year built
1905
Monthly payment
About $2,775/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,210 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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