#TB8322430, Megan Beal LLC, Listing Office: EXIT SUNCOAST REALTY
$5,451
closing credit¹
1318 6th St W Palmetto, FL 34221
Property details
About 1318 6th St W
Welcome home to this amazing cottage in the heart of Historic Palmetto. This adorable home sits on a corner lot in a quiet neighborhood just a few blocks from the Manatee River. Recent updates include New HVAC, New plumbing, New electrical panel, complete bathroom remodel i 2023, a brand-new pool and more all in 2021. This cottage features an open covered front porch as well as a screened in lanai just off the pool. The main home consists of 2 bedrooms and 1 bathroom with an open living and kitchen floorplan. There is also a detached studio space featuring a full bath right off the pool that would make a great guest house. The home is located on a corner lot and is fully fenced with mature landscaping. With this home being minutes to downtown Palmetto, Bradenton and just 11 miles to the beautiful beaches of Anna Maria it would make a great place to call home. This has been operating as a successful vacation rental home with $12k on the books so far for 2025 just in the first three months.all previous rental income ranges from $50,000 in 2022 to a recent numbers for 2024 at $40,500. For more details on rental income available upon request.
Highlights
Virtual tour
Summary
- MLS Number: A4627892
- MLS Name: MFRMLS
- Office Name: MARCUS & COMPANY REALTY
- Office Phone: (941) 932-8550
- Listing Agent: Jessica Adair
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Last updated on: 2/1/2025, 8:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$459,000
1318 6th St W
$5,451
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 17, 2021 | Home Sold | $250,000 |
Apr 24, 2013 | Home Sold | $90,000 |
Aug 30, 2010 | Home Sold | $77,000 |
Jul 26, 2006 | Home Sold | $175,000 |
Jul 01, 2005 | Home Sold | $75,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $267,284 | $5,013 |
2022 | $220,654 | $4,448 |
2021 | $68,207 | $4,448 |
2020 | $67,265 | $796 |
2018 | $64,527 | $742 |
2017 | $63,200 | $742 |
History based on county public records data.
Nearby schools
5
Palmetto Elementary School
Public District PK-5
0.4 mi
•1540 10th St W
2
Ballard Elementary School
Public Magnet PK-5
1.8 mi
•912 18th St W
4
Jessie P. Miller Elementary School
Public District PK-5
2.1 mi
•601 43rd St W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,394. Residents of Palmetto, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1318 6th St W
This home is located at 1318 6th St W in Palmetto, FL and zip code 34221. This 947 square foot home, which was built in 1930, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $459,000.
Palmetto, FL housing market in December 2024 saw over 9 listings sold above listed price, more than 36 sold at listed price and over 50 sold below. The inventory of homes for sale in Palmetto, FL between November and December 2024 decreased by 0.8%. In December 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $386,245.