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Off market
  • $292,800

    704 8th St W, Palmetto, FL 34221

    4beds
    1,931sqft
    Single Family Residence
    Built in 1915
    -- sqft lot
    $292,800 Zestimate®
    $152/sqft
    $3,100 Estimated rent

    Home value

    $292,800

    $228,000 - $366,000

    $3,100/mo

    Zestimate® history
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    Owner options

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    $3,100/mo

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    $3,100/mo

    Rent Zestimate®

    Refinance and save

    $1,969/mo

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    $1,969/mo

    Est. payment

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    What's special

    Invest in Your Future with This Prime Palmetto Triplex Welcome to a golden opportunity that awaits in the heart of Palmetto, Florida! This stunning triplex isn't just a rental property; it's your ticket to unlocking a world of potential. Currently fully occupied with leases in place until March 2024, this income-generating gem offers three units, each with monthly rents that will ensure a steady stream of income as you dive into an exciting venture. Current Rental Income Unit A: $1,200/month Unit B: $1,450/month Unit C: $1,200/month But what truly sets this property apart is its visionary future land use designation - General Commercial. This zoning opens the door to an array of possibilities, from heavy manufacturing to an array of other commercial enterprises. This, my friends, is where your dreams meet reality, and opportunities abound. Embrace Unlimited Potential Imagine the endless possibilities. Whether you envision a thriving business hub, a chic retail center, or any other commercial venture, this property offers you a canvas ready to be transformed into your vision. As you collect rent from these well-maintained units, you can simultaneously navigate the exciting journey of permitting, rezoning, and making your dream a reality. Unlock Value with Income Flow The beauty of this investment lies in its versatility. While the doors of opportunity swing wide open for you, you'll have the financial support of existing rental income. With each passing month, you're closer to your vision becoming a reality. Why Wait? Seize this moment, and make your mark on the Palmetto landscape. The clock is ticking, and this rare gem won't wait around for long. It's not just a property; it's a canvas of dreams and an investment in your future. Act now, and let's discuss how you can be the mastermind behind Palmetto's next commercial hotspot. The journey to success starts here, with this triplex as your stepping stone. Don't miss out on this one-of-a-kind opportunity; contact us today and let's make your vision a reality!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: NextHome,MLS#: A4585899MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total structure area: 1,931
    • Total interior livable area: 1,931 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1915

    Community & HOA

    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $152/sqft
    • Date on market: 10/14/2023
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    7/11/2024Listing removed$599,000$310/sqft
    Source: Stellar MLS #A4585899 Report a problem
    11/8/2023Price change$599,000-7.8%$310/sqft
    Source: Stellar MLS #A4585899 Report a problem
    10/14/2023Listed for sale$650,000+664.7%$337/sqft
    Source: Stellar MLS #A4585899 Report a problem
    6/24/2014Sold$85,000-34.1%$44/sqft
    Source: Stellar MLS #A3991757 Report a problem
    4/2/2014Price change$129,000-5.1%$67/sqft
    Source: KELLER WILLIAMS LAKEWOOD RANCH #A3991757 Report a problem
    3/8/2014Price change$136,000-6.8%$70/sqft
    Source: Sarasota Lakewood Ranch Ventures, LLC d/b/a Keller Williams Realty #A3991757 Report a problem
    1/29/2014Listed for sale$146,000$76/sqft
    Source: Sarasota Lakewood Ranch Ventures, LLC d/b/a Keller Williams Realty #A3991757 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Uptown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $292,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $292,800