$384,000
Off-Market Date: 05/24/2026416 40th Street E Palmetto, FL 34221
Pending MLS# A4690441
4 beds 4 baths 1,944 sq ft Multi-family
Details for 416 40th Street E
MLS# A4690441
Description for 416 40th Street E, Palmetto, FL, 34221
Under contract-accepting backup offers. Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026. Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking. Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
Listing Information
Property Type: Residential, Duplex
Status: Pending
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.22 Acres
Square Feet: 1,944 sq ft
Year Built: 1981
Stories: 1 Story
Construction: Block
Subdivision: Palmetto Country Club Estates First Unit
Foundation: Slab
County: Manatee
School Information
Elementary: Palm View Elementary
Middle: Lincoln Middle
High: Palmetto High
Additonal Room Information
Laundry: Inside, Laundry Room
Interior Features
Flooring: Tile
Doors/Windows: Blinds
Additional Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo, Living/Dining Room, Built-in Features, Wood Cabinets, Main Level Primary
Utilities
Water: Public, Multiple Meters
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Municipal Utilities,Phone Available,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Exterior / Lot Features
Parking Description: driveway
Roof: Shingle
Additional Exterior/Lot Features: Fence, Patio, Screened
Community Features
Security Features: Smoke Detector(s)
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1800
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1800
Unit 2 Baths Total: 2
Unit 2 Beds Total: 2
Driving Directions
FROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
Gross Income: 43200
Tax/Property ID: 2279100123
Tax Amount: 4529.23
Tax Year: 2025
A broker reciprocity listing courtesy: DALTON WADE INC
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 416 40th Street E
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 416 40th Street E
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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