Sold for $250,000

$250,000

507 E PALMETTO STREET, WAUCHULA, FL 33873

4beds

2baths

1,630sqft

Duplex, Multi Family

Built in 1979

-- sqft lot

$226,800 Zestimate^®

$153/sqft

$1,294 Estimated rent

Home value

$226,800

$200,000 - $252,000

$1,294/mo

Zestimate^® history

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$1,294/mo

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$1,766/mo

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$1,766/mo

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What's special

Brand new roofOpen floor planStorage roomWasher and dryer hookupShingle roof

Alert: Brand new roof as of October 2025! Here is an investment opportunity in the city of Wauchula. This duplex is concrete block construction with shingle roof and one A/C unit is newer. Each unit is 2 bedrooms and 1 bath with an open floor plan containing the living room, dining room and kitchen. The convenient location is only a half mile from downtown Main Street Wauchula, with dining and shopping options. Approximate room dimensions for 507 E Palmetto (west unit): living room/dining room/kitchen 18x18, bath 7x5, both bedrooms 14x11. This unit has a storage room accessed through the back bedroom which contains washer and dryer hookup and could possibly be used as a third bedroom. Approximate room dimensions for 509 E Palmetto (east unit): living room/dining room/kitchen 16x16, bath 7x5, bedroom one 13x8, bedroom two 13x11. Dimensions to be verified by buyer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Electric Water Heater
Laundry: Other

Features

Living Room/Dining Room Combo, Open Floorplan
Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total structure area: 1,708
Total interior livable area: 1,630 sqft

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Patio & porch: None
Exterior features: Private Mailbox

Lot

Size: 0.33 Acres
Dimensions: 70 x 205
Features: City Lot, Level

Details

Parcel number: 0334250200000120006
Zoning: R-1
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: WAUCHULA RR

HOA

Has HOA: No

Location

Region: Wauchula

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $147,942
Annual tax amount: $2,468
Date on market: 8/29/2025
Cumulative days on market: 66 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Lease term: 12 Months
Total actual rent: 1450
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
11/26/2025	Sold	$250,000$153/sqft
Source: Stellar MLS #L4955537 Report a problem
11/3/2025	Pending sale	$250,000$153/sqft
Source: HFMLS #317148 Report a problem
8/29/2025	Listed for sale	$250,000$153/sqft
Source: HFMLS #317148 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,668 +8%	$102,493 +10%
2024	$2,469 +7.7%	$93,175 +10%
2023	$2,292 +10.4%	$84,705 +10%
2022	$2,076 +9.3%	$77,005 +10%
2021	$1,900 +12.5%	$70,005 +10%
2020	$1,689 +32.6%	$63,641 +0.3%
2019	$1,274 -10.7%	$63,465 +20.7%
2018	$1,427	$52,595 +1.3%
2017	$1,427	$51,915 +1.3%
2016	$1,427 +0.6%	$51,236 +10%
2015	$1,417 +0.6%	$46,590 -1.3%
2014	$1,409	$47,185 -1.2%
2013	--	$47,779 -1.2%
2012	--	$48,374 -1.2%
2011	--	$48,969 -11.6%
2010	--	$55,382 -14.6%
2009	--	$64,881 -1.8%
2008	--	$66,094 +0.1%
2007	--	$66,026 +22.2%
2006	--	$54,015 +18.3%
2005	--	$45,650 -1%
2004	--	$46,123 +2.1%
2003	--	$45,188