1429 10TH STREET
PALMETTO, FL 34221
About this home
VUE Realty is pleased to present the opportunity to acquire a net-leased Tire Kingdom property in the growing Tampa Bay/Sarasota corridor. The property is occupied by Tire Kingdom, operated by Mavis Tire Express Services Corp., one of the nation’s largest independent tire and automotive service providers with over 2,000 locations nationwide. Strategically positioned along a major commercial corridor in Palmetto, Florida, this established automotive service center benefits from excellent visibility, strong traffic counts, and a proven operating history serving the surrounding residential and commercial market. The property is offered with a Triple Net (NNN) lease structure, providing investors with passive income and limited landlord responsibilities. Current annual NOI is approximately $95,166 with approximately four years remaining on the existing lease term plus two (2) five-year renewal options. Palmetto continues to experience significant growth driven by its proximity to Sarasota, St. Petersburg, Tampa, Lakewood Ranch, and major employment centers. Continued residential and commercial development supports long-term demand and strengthens the property’s investment fundamentals. Investment highlights include a nationally recognized tenant, predictable cash flow, strong visibility, essential-service retail use, long-term occupancy history, future lease extension options, and location within one of Florida’s fastest-growing markets. An excellent opportunity for investors seeking stable income backed by a well-established automotive retail location. Annual NOI: Approx. $95,166 Lease Type: Triple Net (NNN) Tenant: Tire Kingdom / Mavis Tire Express Services Corp. Lease Term: Approx. 4 Years Remaining + Two 5-Year Options Annual NOI approximately $95,166. Approximately four years remaining on current lease term plus two (2) five-year renewal options. National tenant with established operating history. Excellent visibility, strong traffic counts, and strategic location within the Tampa Bay/Sarasota growth corridor.
Facts & features
Interior
- Living area
- 8,400 sqft
- Cooling
- Central Air
Exterior & lot
- Lot size
- 33,968 sqft (0.78 ac)
- Construction
- Block
Financial
- Annual tax
- $21,809 (2025)
- Price / sqft
- $190/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Public, Water Connected
Property
- Property type
- Single Family
- Year built
- 1987
- Subdivision
- ACREAGE
- County
- Manatee
Listing
- Status
- Active
- Days on market
- 3 days
- MLS #
- MFR791024190
- Source
- Stellar MLS
Listed by Terri Harrington · VUE REALTY, LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 24 comparable sales within 4 miles of PALMETTO, FL, this home is priced in line with 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
- $8,516/mo
- Property tax
- $1,867/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 history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| May 30, 2026 | Listed | $1,600,000 | — |
NeighbourhoodSample data
Reference scores for PALMETTO, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 1429 10TH STREET, PALMETTO cost per month?
About $10,708 a month: $8,090 principal and interest, $1,817 property tax, $800 insurance. That assumes 20% down at 6.5% over 30 years.
Is 1429 10TH STREET, PALMETTO priced fairly?
It is listed at $1,600,000. There are not enough recent comparable sales close by to put a range around that yet, so the asking price is the honest answer.
How does 1429 10TH STREET, PALMETTO compare to nearby homes?
8 comparable properties within three miles. The nearest: 102 RIVIERA DUNES WAY, PALMETTO, FL at $69,000, 0.79 miles away; 102 RIVIERA DUNES WAY, PALMETTO, FL at $70,000, 0.79 miles away; 102 RIVIERA DUNES WAY, PALMETTO, FL at $140,000, 0.8 miles away.
How long has 1429 10TH STREET, PALMETTO been on the market?
3 days on the market.
Has the price of 1429 10TH STREET, PALMETTO changed?
The price has not moved since it was listed.
How big is 1429 10TH STREET, PALMETTO?
null bed, null bath, 8,400 square feet. That is $190 a square foot.
What year was 1429 10TH STREET, PALMETTO built?
Built in 1987.
What is the HOA fee at 1429 10TH STREET, PALMETTO?
The feed lists no association fee for this property.
What are the property taxes at 1429 10TH STREET, PALMETTO?
Property tax works out to about $1,817 a month, $21,809 a year.
Is 1429 10TH STREET, PALMETTO still available?
It is still on the market.
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