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432 51st St W

PALMETTO, FL 34221

4 beds
3 baths
1,556 sqft
16,117 sqft lot
$179 per sqft
1971 build
– on site

Unlock the potential of this 4-bedroom, 2.5-bath investor-friendly home situated on the largest lot in Palmetto Point! With a new roof (2024) and impact windows (2019) already in place, this as-is property offers a major head start for your next flip or rental investment. The interior was affected by flooding but has been professionally remediated and flood cut, leaving a clean slate for a buyer with vision. Spanning 1,556 square feet with a desirable split-bedroom layout, this home offers more than meets the eye. You’ll find a Florida room with its own A/C split, creating a spacious bonus room ideal for a home office, gym, or flex living space. Additional features include a detached laundry room, workshop/shed, and an RV pad with electrical hookup that can also serve as boat parking—a rare find in this area. The backyard oasis is where this property shines: enjoy a private pool, outdoor dining area, patio, and outdoor shower/rinse station—perfect for entertaining or relaxing after a day on the water. Located in a waterfront neighborhood with access to a private community boat ramp (optional paid membership), you’ll enjoy a no-HOA lifestyle with room to breathe. The HVAC system likely needs replacement, and the property is being sold as-is. Whether you're an investor looking for a profitable flip, a homeowner ready to renovate, or a buyer wanting to create your dream space, this one checks all the boxes. Vacant and easy to show—bring your contractor and imagine the possibilities! Even better in person—this is a must-see to truly appreciate the size, potential, and Florida lifestyle it offers.

Listing courtesy of STELLAR_MLS / SOUTH CEDAR REAL ESTATE, INC

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# TB8377855 —

The Building

Year Built:

1971
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

2536
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Concrete
Additional Rooms:

Florida Room
Fireplace:

true
Fireplace Features:

Living Room

Room Dimensions

Living Area:

1556
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head north on US-19 N, then turn left onto 50th St W. Turn right onto 8th Ave Blvd W/Palmetto Point Dr, then right onto 51st St W/Driftwood Rd, and your destination, 432 51st St W, will be on the right.
Latitude:

27.559892
Longitude:

-82.56818
Coordinates:

-82.56818, 27.559892

The Property

Parcel Number:

2342800006
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Oversized Lot
Lot Size Acres:

0.37
Lot Size Area:

16117
Lot Size SqFt:

16117
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF6
Direction Faces:

South
View:

false
Exterior Features:

Sliding Doors
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

506
Tax Legal Description:

LOTS 506,507,508 & 509 PALMETTO POINT SUB PI#23428.0000/6
Tax Annual Amount:

$2,930

Beds

Bedrooms Total:

4

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8377855
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Other
Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

PALMETTO POINT
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1

Extra Units

Other Structures:

Shed(s)

Monthly cost estimate

Asking price

$280,000

Expense	Monthly cost
Mortgage	$1,499
Taxes	$244
Insurance	$77
Utilities	$163 See report
Total	$1,983/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
4/24/25 Apr 24, 2025	Listed / Active	STELLAR_MLS	$280,000	71.8% (4.5% / YR)
6/10/09 Jun 10, 2009		STELLAR_MLS	$163,000	-49.8% (-17.2% / YR)
7/20/06 Jul 20, 2006		STELLAR_MLS	$325,000

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This house located in Memphis, FL 34221 is currently for sale for $280,000. 432 51st St W is a 1,556 square foot house with 4 beds and 3 baths that has been on Estately for 2 days. This house is in the attendance area of Palmetto High School and Palm View K-8.

Listing Courtesy of: STELLAR_MLS and SOUTH CEDAR REAL ESTATE, INC.

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.