707 40Th W St, Palmetto, FL 34221
$699,999
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Home Description
UNIQUE & RARE OPPORTUNITY -Spacious two-story coastal home with ground level BONUS space embodies the essence of Old Florida charm with its Bahama shutters, durable HardiPlank siding and METAL ROOF. The home is perfectly situated on a private 0.70 acre lot, enticing for any outdoor enthusiast. There are NO HOA, CDD or DEED RESTRICTIONS, allowing unparalleled flexibility. The property's current use is SFR (Single Family Residential) and Zoning is RDD4.5 (RES. DUPLEX) which presents an exceptional opportunity for Rental Income Investment, Multi-Gen living or potential Multi-Family use, all within the convenience and easy access to US-41, I-275 & I-75. County water and sewer utilities eliminate the hassle of dealing with private systems. BRING YOUR TOYS! Ample space is available to park your boat, cars and RV with complete hook-up including 50 AMP ELECTRICAL SERVICE, WATER & SEWER. If you desire, there is room to add a pool, and ALL PATIO areas are screened enclosed for your comfort. This home allows you to enjoy the best of both worlds - peaceful seclusion yet close proximity to vibrant city life. Ideal location just minutes away from the Sunshine Skyway bridge, easy commute to St. Pete, Tampa, local airports, or head south to quaint downtown Palmetto & Bradenton. Surrounded by nature, your only neighbors will be majestic osprey, bald eagles, hawks, herons, egrets, and owls. As you arrive, a secure gate and circular drive welcome you, providing ample open parking. A double staircase with Trex composite decking leads to the elevated first level of the home. Inside you will discover TWO MASTER BEDROOMS, each with its own En Suite Bath PLUS washer & dryer. A kitchenette and AC bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the MAIN LIVING & DINING AREAS, which overlook the gorgeous water views, a Primary KITCHEN with Corian tops and open bar area. TWO ADDITIONAL BEDROOMS and a FULL BATH complete this level. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. The home is equipped with TWO -2.5 TON, 15 SEER AC Units with heat pumps (installed 2024). Step onto the upper exterior patio deck and be whisked away to a WIDOW'S WALK atop the two-story home, offering PANORAMIC VIEWS of the WATER and mangroves. Bask in the tranquility as you enjoy breathtaking SUNSETS overlooking the bayou which lead out to TERRA CEIA BAY, along with views of the Sunshine Skyway bridge. A comprehensive home security system with alarms and motion-activated cameras ensures peace of mind. Additional features include a spiral staircase, generous amounts of closet space and storage under stairs, room-darkening shades, a built-in entertainment center with roll-out shelving, large flat-screen TV with an electric lift, a weather station, kitchen pantry cabinet with roll out drawers, and a queen size murphy bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. The ground floor is a BONUS SPACE with two separate entrances. A blank canvas waiting for your ideas and new design inspiration. Additionally, there's a separate enclosed workshop/storage room. Don't miss your chance to experience the allure of this truly special, unique coastal retreat. You new adventure begins now! Schedule a tour today!
- MLS #: A4633716
- Address: 707 40Th W St
- Levels: Two
- City: Palmetto
- Zip: 34221
- County: Manatee
- Community Features: None
- Water View: Bay/Harbor - Full,Bayou
- Water Name: PETERSON BAYOU, TERRA CEIA BAY
- Water Feet: 0
- Interior Features: Built-in Features,Ceiling Fans(s),Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Walk-In Closet(s)
- Appliances: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
- Floor Covering: Bamboo,Ceramic Tile,Laminate
- Kitchen Features: Closet Pantry
- Additional Rooms: Bonus Room,Interior In-Law Suite w/Private Entry,Storage Rooms
- Architectural Style: Coastal,Elevated,Key West
- Exterior Features: Lighting,Other,Rain Gutters
- Exterior Contruction: HardiPlank Type,Stucco,Wood Frame
- Foundation: Block,Slab,Stilt/On Piling
- Front Exposure: East
- Roof: Metal
- Building Sqft: 4656
Available now at $699,999
Approximate Room Sizes / Descriptions
| Living Room | 23x15 | Second | Bamboo |
| Dining Room | 15x13 | Second | Bamboo |
| Kitchen | 15x10 | Second | Bamboo |
| Kitchen | 15x8 | First | Ceramic Tile |
| Bonus Room | 17x9 | First | Laminate |
| Bedroom 3 | 13x9 | Second | Bamboo |
| Bedroom 4 | 13x10 | Second | Bamboo |
| Bedroom 2 | 13x12 | First | Laminate |
| Primary Bedroom | 22x15 | First | Ceramic Tile |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air,Wall/Window Unit(s)
- Heating: Central,Electric,Heat Pump,Wall Units / Window Unit
- Utilities: Cable Available,Public,Sewer Connected,Water Connected
- Lot Sqft: 30448.00
- Lot Acres: 0.7000
- Total Acre: 1/2 to less than 1
- Lot Num: 4
- Style: Single Family Residence
- Property Desc: Elevated
- Location: Conservation Area,Flood Insurance Required,In County,Oversized Lot
Neighborhood
The average asking price of a 4 bedroom Palmetto home in this zip code is
$590,083 (15.7% less than this home).
This home is priced at $204/sqft,
which is 15.4% less than similar homes
in the 34221 zip code.
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Financial
- Approx Payment:$3,405*
- Taxes:$7,503
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(813) 452-4165 and speak with one of our real estate consultants.
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Listing Courtesy of FINE PROPERTIES.
For information or to schedule a viewing of this property (MLS# A4633716), call: 813-452-4165
707 40Th W St, Palmetto FL is a single family home of 3435 sqft and
is currently priced at $699,999
.
This single family home has 4 bedrooms.
A comparable home for sale at 5056 Lakehurst Ct in Palmetto is listed at $524,900.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Palmetto, FL.
Palmetto Skyway, Hammocks At Riviera Dunes and Northshore At Riviera Dunes are nearby neighborhoods.
MLS A4633716 has been posted on this site since 1/6/2025 (today).