Open House Sun, Jun 23rd 01:00 PM - 04:00 PM - Water Views
Address
707 40th STREET W, PALMETTO, FL
Price
$ 768,500
Property Attributes
  • MLS#A4612516
  • TypeSingle Family
  • CountyMANATEE
  • CityPALMETTO
  • AreaPalmetto-Rubonia
  • NeighborhoodGull Cay
  • Zip34221
  • StyleCoastal,Custom,Elevated,Florida,Key West
  • Year Built1979
  • Taxes$ 1565
  • Price$ 768,500
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3435
  • Lot Size0.7 Acres
Data Source:
Stellar MLS
Property Description

ENDLESS POSSIBILITIES. Looking for that one-of-a-kind Florida experience? Look no further! This extraordinary coastal home embodies the essence of Old Florida charm with its Bahama shutters, metal roof and sprawling 0.70 acre lot. Surrounded by nature, your only neighbors will be majestic osprey, bald eagles, hawks, herons, egrets, and owls. As you arrive, a secure gate and circular drive welcome you, providing ample open parking. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. Ascend the double staircase adorned with Trex composite decking and enter into the main home. Inside, discover two master bedrooms, each with its own en-suite bath and washer & dryer. A kitchenette and bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the main living & dining rooms, and a full kitchen equipped with modern appliances. Corian tops and bar area add a touch of elegance. Two additional bedrooms and a full bath complete this level. The home's equip with two- 2.5 ton, 15 seer AC heat pump units, both replaced in 2024. Step onto the upper exterior deck and be whisked away to a widow's walk atop the two-story home, offering panoramic views of the water, mangroves, and the beauty of nature. Bask in the tranquility as you enjoy breathtaking sunset views of the bayou leading out to Terra Ceia Bay. A comprehensive home security system with alarms and motion-activated cameras ensures peace of mind. County water and sewer utilities eliminate the hassle of dealing with private systems. Best of all, there are NO deed restrictions, CDD, or HOA fees, giving you the freedom to enjoy your property to the fullest. The property's current use is SFR (Single Family Residential) the Zoning is RDD 4.5 (Residential Duplex). Bring your toys! Ample space is available to park your boat, cars, and RV, complete full hook-up including 50 amp electrical service, water & sewer. If you desire, there is room to add a pool, and all decks are screened and enclosed for your comfort. Additional features include a spiral staircase, plenty of closet space and storage under stairs, room-darkening shades, a built-in entertainment center with roll-out shelving, large flat-screen TV with an electric lift, a weather station, kitchen pantry cabinet with roll out drawers, and a queen size murphy's bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. On the ground floor, you'll find an additional living space (non-conforming) with a separate entrance, offering 1 bedroom, 1 bath, kitchen, washer & dryer, and a workshop room. Perfect for accommodating guests or providing a mother-in-law suite. Conveniently located with easy access to US-41, I-275, I-75 and just minutes from the Sunshine Skyway bridge over to St. Pete, Tampa and local airports. This home allows you to enjoy the best of both worlds - peaceful seclusion and proximity to vibrant city life. The property is adorned with lush vegetation including mango trees, live oaks, staghorn ferns, cabbage palms, bromeliads, and even pineapples! Don't miss your chance to experience the allure of this truly special, unique coastal retreat.

Price History
6/10/2024 Listed $768,500

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,Open Floorplan,Primary Bedroom Main Floor,Walk-In Closet(s),Window Treatments
Sewer Public Sewer
Heating Central,Electric,Heat Pump
Cooling Central Air,Wall/Window Unit(s),Zoned
Utilities Cable Available,Sewer Connected,Underground Utilities,Water Connected
Possession Close of Escrow
Roof Metal
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Exterior Features Hurricane Shutters,Rain Gutters
Zoning RDD4.5
Patio/Porch Features Covered,Deck,Enclosed,Front Porch,Patio,Rear Porch,Screened,Side Porch
Architectural Style Coastal,Custom,Elevated,Florida,Key West
Security Features Closed Circuit Camera(s),Security System,Security System Owned,Smoke Detector(s)
Construction Materials Block,HardiPlank Type,Wood Frame
Pets Allowed Yes
Year Built 1979
View Water
Levels Two
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Community Features None
County Manatee
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name GULL CAY
Facing Direction East
Garage Y/N No
Total Rooms 9
Status Active
Directions I-75 Exit 228,I -275 N towards St. Pete Exit 2,US -41,US-41 S. make right @33rd. St.,right onto 5th. Ave,Left onto 40th. St. follow to end. Sign.
ModificationTimestamp 2024-06-15T14:17:34.237Z
City PALMETTO
Buyer Agent Compensation 2.5%
Body of Water Peterson Bayou. Terra Ceia Bay
Disclosures Seller Property Disclosure
View Y/N Yes
Senior Community Y/N No
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 30448
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 1565
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://tours.vtourhomes.com/70740thstwpalmettofl?b=0
Days on Market 5
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 4
Legal Description LOT 4 GULL CAY SUB PI#23804.0025/5
Water View Bay/Harbor - Partial,Bayou
Minimum Lease No Minimum
Water Access Y/N No
Additional Rooms Inside Utility,Interior In-Law Suite w/Private Entry
Water View Y/N Yes
Flood Zone Code AE

Interior Features

Basement Finished
Flooring Bamboo,Ceramic Tile,Laminate
Furnished Y/N Negotiable
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Shutters
Fireplace Y/N No
Full Baths 3
Laundry Features Inside,Laundry Room
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Vegetation Bamboo,Wooded
Fencing Wire
Parking Features Boat,Circular Driveway,Driveway,Open,Oversized,RV Parking
Lot Features Flood Insurance Required,FloodZone,In County,Oversized Lot
Water Source Public
Lot Size Area 30448
Foundation Details Slab,Stilt/On Piling
Building Area Total 4656
Lot Size Acres 0.7
Road Surface Type Unimproved,Gravel
Road Frontage Type Street Unpaved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34221

Price
AVG $530K
$770K
Taxes
AVG $4,177
$1,565
Visits
AVG 558
311
Data Provided by Inside Real Estate®
Year Built
AVG 2009
1979

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