Get new listings emailed daily! JOIN SIGN IN
Matthew Faul
Commercial & Residential Real Estate
(941) 345-3255
Facebook Icon LinkedIn Icon Twitter Icon 
$384,000

416 40th Street E Palmetto, FL 34221 Multi Unit - Multiple Active

  • 416 40th Street E, Palmetto, FL 34221 Main Photo

68 Total Photos [Click to View All]

Description

Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income or living on one side while renting the other.Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking.Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,529
Year Built: 1981

General Information

Bedrooms: 4
Sqft: 1,944
County: Manatee
High School: Palmetto High
Subdivision: PALMETTO COUNTRY CLUB ESTATES FIRST
Listed By:
Edward Bieker, PA DALTON WADE INC 888-668-8283

Amenities

Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Wood Cabinets
Thermostat
Fence

Property Features

Annual Net Income: 35500.00
Directions: FROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT
Exterior: Block
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twenty Four Months
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.22
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Patio, Screened
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Lock Box Electronic, See Remarks
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: RSF6
$384,000
4beds
1,944sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,944 MLS#A4690441
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPALMETTO COUNTRY CLUB ESTATES FIRST

Get in Touch

Contact an agent to learn more about

416 40th Street E, Palmetto, FL 34221.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 1,784.58 per month $1,295.17 Principal & Interest $377.42 Property Tax $112.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

About this area

Florida/Palmetto
Palmetto

View Listings

About Palmetto

Palmetto is a growing suburban area located between the Manatee River and Terra Ceia Bay. The city is perfect for people looking for an active lifestyle that involves nature and community activities. Palmetto’s location keeps residents close to major employers, but also allows for a smaller town lifestyle that embraces a slower pace. Weekends are perfect for boating and golfing, or attending one of the many events and festivals that take place in Palmetto year round. The area is great for people of all ages with homes ranging from affordable condos and single family options to waterfront estates.


Learn More About Living in Palmetto, Florida

About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 2:30:07 AM EST) or Stellar MLS (last updated Fri 04/17/2026 1:59:06 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel