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Manatee County · Palmetto, FL 34221

PadSplit Opportunity | High-Yield Rental in Growing Palmetto 7BR / 4BA

$449,900
7
Beds
4
Baths
2,914
Sq ft
1957
Year built

About this property

Exceptional cash-flow opportunity in the rapidly growing Palmetto market. This versatile 7-bedroom, 4-bathroom property offers 2,869 square feet of living space and is currently configured and operating as an income-producing rental with multiple living areas. The property is thoughtfully designed with three separate living spaces, making it ideal for investors seeking immediate rental income, house hackers, assisted living, employee housing, or multi-generational living. Current Rental Income Main Unit: $2,000/month Upstairs Unit: $1,500/month First-Floor Suite: $1,500/month Current Gross Rental Income: Approximately $5,000 per month ($60,000 annually). Current Configuration Main Residence: 3 Bedrooms / 2 Bathrooms Private First-Floor Suite: 1 Bedroom / 1 Bathroom with its own exterior entrance plus an interior connecting door to the main home, providing flexibility for independent living or extended family. Second Floor: 2 Bedrooms / 1 Bathroom with its own living area and access to a private second-floor balcony. The flexible layout allows investors to continue the current rental strategy or reconfigure the property to suit a variety of investment objectives. Situated on a desirable corner lot with no HOA or CDD fees, the property also offers multiple private outdoor living areas, several rear patios, and a second-floor balcony that enhances tenant appeal. Conveniently located near US-41, I-75, shopping, restaurants, schools, medical facilities, Tampa International Airport, Sarasota-Bradenton International Airport, and Florida's Gulf Coast beaches, this property offers both strong income potential and long-term appreciation in one of Manatee County's fastest-growing areas. You may want to negotiate a commission with your client separate from the purchase price or adjust the offer to include your commission. DISCLAIMER: The information presented in this listing is provided for informational purposes only and is not intended as financial, legal, or tax advice. Any attempts to renegotiate or make contact with the owner will result in legal action.

Property snapshot

Layout7 Bed / 4 Bath
Living area2,914 sq ft
Lot size8,250 sq ft
Year built1957
Property typeLand
CountyManatee County

Deal details

Asking price$449,900
ARV estimate$429,900
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$450K
ARV est.
$430K
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Ms. Meriam
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