516 12TH STREET
PALMETTO, FL 34221
About this home
Welcome to this beautifully renovated income-producing property in the heart of Palmetto, offering an outstanding opportunity for both investors and owner-occupants. This unique property consists of two duplexes, including 518 12th St W (included in the sale), each featuring two 2-bedroom, 1-bathroom units, providing a total of four well-designed rental units. Each unit has been thoughtfully updated with modern finishes, including fully updated kitchens, bathrooms, and flooring completed just one year ago, creating a clean, stylish, and low-maintenance living environment that appeals to today’s tenants. Major capital improvements have already been completed, including new roofs, new central A/C systems, and all new hurricane-impact windows and doors, offering peace of mind, improved energy efficiency, and reduced future maintenance costs. Whether you're looking to expand your real estate holdings or secure a fully renovated, turnkey multifamily asset, this property delivers exceptional value and long-term income potential. Don’t miss this rare opportunity in Palmetto!
Facts & features
Interior
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 1,224 sqft
- Heating
- Central
- Cooling
- Central Air
- Features
- Ninguno
Exterior & lot
- Lot size
- 4,748 sqft (0.11 ac)
- Roof
- Shingle
- Construction
- Block
- Exterior
- Other
Financial
- Annual tax
- $3,320 (2025)
- Price / sqft
- $653/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected
Property
- Property type
- Multi-Family
- Year built
- 1981
- Subdivision
- SHARP & TURNERS ADD TO PALMETTO
- County
- Manatee
Listing
- Status
- Active
- Days on market
- 1 day
- MLS #
- MFR801463925
- Source
- Stellar MLS
Listed by Randy McCarthy, Jr · EVRON & MCCARTHY REALTY LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 13 comparable sales within 3 miles of PALMETTO, FL. priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $4,253/mo
- Property tax
- $599/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price historySample data
Reference timeline for $799,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-08 | Listing updated | $799,000 | — |
| 2026-05 | Price changed | $799,000 | −$7,990 |
| 2026-03 | Listed | $806,990 | — |
NeighbourhoodSample data
Reference scores for PALMETTO, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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