1 of 38

Want to see this home?

1406 5th Street W

Palmetto, FL 34221

2 beds
2 baths
1,675 sqft
13,438 sqft lot
$238 per sqft
1925 build
– on site

One or more photo(s) has been virtually staged. Welcome to the "Castles by the Sea" — a rare opportunity to own two 1925 homes in Historic Palmetto. Nestled on a generous lot, these castle-like properties combine timeless character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main house exudes charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that seamlessly blend historic character with modern potential. With one bedroom and one bathroom, this home provides a perfect canvas to embrace the elegance of the 1920s while adding your personal touches and modern updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom. The property is free from rental restrictions, allowing for short-term rentals — a lucrative opportunity for income generation. Perfectly situated just minutes from the scenic Manatee River, vibrant shopping, dining, and entertainment options, and offering easy access to the thriving cities of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" present an ideal combination of historic living and modern convenience.

Listing courtesy of STELLAR_MLS / KW COASTAL LIVING III

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# A4644271 —

The Building

Year Built:

1925
New Construction:

false
Architectural Style:

Historical
Construction Materials:

Stone
Levels:

One
Stories Total:

1
Roof:

Concrete
Foundation Details:

Other
Window Features:

Window Treatments
Patio And Porch Features:

Covered
Building Area Total:

1717
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Flooring:

Laminate
Fireplace:

true
Fireplace Features:

Living Room

Room Dimensions

Living Area:

1675
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I-75, take Exit 224 (US-301) W towards Palmetto. Follow US-301 and then continue onto 10th St W. Turn left onto 14th Ave W. then make a right onto 5th St W and destination is second property on the right.
Latitude:

27.51546
Longitude:

-82.581619
Coordinates:

-82.581619, 27.51546

The Property

Parcel Number:

2917900009
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Historic District
Lot Size Acres:

0.31
Lot Size Area:

13438
Lot Size SqFt:

13438
Lot Size Dimensions:

96 x 140
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

PL_RS-3
Direction Faces:

South
View:

false
Exterior Features:

French Doors
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

19
Tax Legal Description:

LOTS 19,20 OAKDALE SQUARE PI#29179.0000/9
Tax Book Number:

4-37
Tax Annual Amount:

3667.28

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=VgLqf7GygQZ
Virtual Tour URL Unbranded 2:

https://my.matterport.com/show/?m=JePbHmVZ62o
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop
Laundry Features:

Inside

Schools

Elementary School:

Palmetto Elementary-MN
Middle Or Junior School:

Lincoln Middle
High School:

Palmetto High

The Community

Subdivision Name:

OAKDALE SQUARE
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

Other Structures:

Guest House

Monthly cost estimate

Asking price

$400,000

Expense	Monthly cost
Mortgage	$2,141
Taxes	$305
Insurance	$110
Utilities	$157 See report
Total	$2,713/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/13/25 Mar 13, 2025	Listed / Active	STELLAR_MLS	$400,000

House For Sale

$400,000

Cost Est.

$2,713/mo.

Listing provided by broker:

Toni Zarghami

KW COASTAL LIVING III

Want a closer look?

Go see 1406 5th Street W

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Palmetto, FL

Similar sold homes

This house located in Palmetto, FL 34221 is currently for sale for $400,000. 1406 5th Street W is a 1,675 square foot house with 2 beds and 2 baths that has been on Estately for 1 days. This house is in the attendance area of Lincoln Memorial Middle School, Palmetto High School, and Palmetto Elementary School.

Listing Courtesy of: STELLAR_MLS and KW COASTAL LIVING III.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.