1406 5TH, PALMETTO, FL 34221

$370,000 Was $400,000

Beds: 2

Baths: 2 Full

Sq. Ft.: 1,675 Sq. Ft.

Year Built: 1925

Lot Size: 0.31 Acres

Garage: N/A

Pool: No

DOM: 55

Property Overview

Status: Active

Property Type: Residential

MLS #: 0a0ee9e9521f37ae41498aa63ec534c1

Subdivision: OAKDALE SQUARE

County: Manatee

HOA Fee: N/A

Year Built: 1925

Construction: Stone

Foundation: Other

Roof: Concrete, Other

Cooling: Central Air

Heating: Central, Electric

Sewer: Public Sewer

Water Source: Public

Zoning: PL_RS-3

Tax Amount: $3,667.28 (2024)

Listed On: Mar 13, 2025

Description

One or more photo(s) has been virtually staged. Welcome to the "Castles by the Sea" — a rare opportunity to own two 1925 homes in Historic Palmetto. Nestled on a generous lot, these castle-like properties combine timeless character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main house exudes charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that seamlessly blend historic character with modern potential. With one bedroom and one bathroom, this home provides a perfect canvas to embrace the elegance of the 1920s while adding your personal touches and modern updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom. The property is free from rental restrictions, allowing for short-term rentals — a lucrative opportunity for income generation. Perfectly situated just minutes from the scenic Manatee River, vibrant shopping, dining, and entertainment options, and offering easy access to the thriving cities of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" present an ideal combination of historic living and modern convenience.

Exterior Features

French Doors, Private Mailbox

Directions

From I-75, take Exit 224 (US-301) W towards Palmetto. Follow US-301 and then continue onto 10th St W. Turn left onto 14th Ave W. then make a right onto 5th St W and destination is second property on the right.

School Information

Elementary: Palmetto Elementary-MN

Middle: Lincoln Middle

High: Palmetto High

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

KW COASTAL LIVING III

Listing Agent: Toni Zarghami

Information is deemed reliable but not guaranteed. Information provided is 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.

Data last updated: July 28, 2025, 8:11 pm UTC

MLS Source: Stellar MLS Copyright © 2025

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