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$749,000

516 12 St

Palmetto, FL
Active
8
Bedrooms
0.11
Lot Size (acres)
1981
Year Built
66
Days On Market

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!

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Listing Information

Listing Updated
09/03/2026
Listed By
Randy McCarthy, Jr, 3154026099 · EVRON & MCCARTHY REALTY LLC, 9542482396
MLS#
TB8534428
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
516 12 St, Palmetto, FL 34221
City
Palmetto
County
Manatee
Neighborhood
SHARP & TURNERS ADD TO PALMETTO
Zip Code
34221

Architecture

Bedrooms
8
Year Built
1981
Construction Materials
Block
Foundation
Slab
Roof
Shingle
Garage Spaces
0

Features & Amenities

Exterior Features
Other
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.11 Acres
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Square Footage

Total
1,224 sq. ft.

Tax & Financial Information

List Price
$749,000
Annual Taxes
$3,319

Schools

79/100
Lincoln Middle School
Grades M–M · 0.5 mi
City
Palmetto
Students
477
Student–teacher
15.3
Parent reviews
4.0★ avg · 1 review
Student body
41% Hispanic / Latino · 38% Black · 17% White
Free/reduced lunch
81%
Phone
(941) 721-6840
76/100
Ballard Elementary School
Elementary · Grades PK–05 · 2.4 mi
City
Bradenton
Students
414
Parent reviews
5.0★ avg · 2 reviews
Student body
46% Hispanic / Latino · 27% Black · 21% White
Free/reduced lunch
73%
Phone
(941) 708-8400
74/100
Hola! Elementary @ Msa
Grades M–M · 1.3 mi
City
Palmetto
Parent reviews
5.0★ avg · 1 review
Phone
(941) 708-8770
63/100
Manatee School For The Arts
High · Grades 06–12 · 1.3 mi
City
Palmetto
Students
2,066
Parent reviews
3.5★ avg · 2 reviews
Student body
51% White · 33% Hispanic / Latino · 11% Black
Free/reduced lunch
54%
Phone
(941) 721-6800
58/100
James Tillman Elementary Magnet School
Elementary · Grades PK–05 · 1.6 mi
City
Palmetto
Students
547
Parent reviews
3.0★ avg · 1 review
Student body
47% Hispanic / Latino · 36% Black · 14% White
Free/reduced lunch
80%
Phone
(941) 723-4833
57/100
Manatee Virtual Instruction Program
7th & Above · Grades KG–12 · 0.5 mi
City
Palmetto
Students
65
Student body
40% White · 26% Black · 20% Hispanic / Latino
Free/reduced lunch
40%
Phone
(941) 708-4971
54/100
Palmetto High School
High · Grades 09–12 · 0.7 mi
City
Palmetto
Students
2,065
Student body
37% White · 37% Hispanic / Latino · 20% Black
Free/reduced lunch
63%
Phone
(941) 723-4848
54/100
Palmetto Charter School
Elementary · Grades PK–08 · 0.8 mi
City
Palmetto
Students
418
Student body
75% White · 14% Hispanic / Latino · 7% Black
Free/reduced lunch
27%
Phone
(941) 723-3711

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/03/2026Price change$749,000
07/30/2026Listed for sale$799,000

Listed by Randy McCarthy, Jr · EVRON & MCCARTHY REALTY LLC · 9542482396

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 3, 2026 at 4:12 PM | Source: Stellar MLS | MLS#: TB8534428

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