Active

502 7TH Ave W, Palmetto, FL 34221

MLS TB8539476

$395,000

Est. $2,033/mo principal and interest at 6.67% with 20% down

3 bd · 2.5 ba · 1,693 sqft · Single Family Residence

Payment estimate

Mortgage calculator

Starts from the national Freddie Mac average. Change any number and the payment updates. Sign in to save a custom rate.

Estimated monthly payment

$2,701/mo

$316,000 loan · 20% down · 6.67%

Principal & interest: $2,033
Taxes: $518
Insurance: $150
HOA: $0

Get a personal quote

Home price Down payment $79,000 down

Term

30-year 15-year

Interest rate Annual taxes Annual insurance Insurance starts at a Florida homeowners estimate of $1,800 / year. HOA / month

Educational estimate, not a personal quote or a commitment to lend. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

About this home

Welcome to 502 7th Avenue West, a classic, well-built 3-bedroom, 2.5-bathroom home situated on a spacious corner lot in a quiet Palmetto neighborhood with wonderful neighbors. Designed with a functional layout where every detail has been thoughtfully considered, the home features expansive living space, a large kitchen, a whole-house water filtration system, and a dedicated kitchen reverse osmosis system. The outdoor setup is a real standout, featuring a private backyard with a convenient outdoor shower, no HOA or CDD fees, and an oversized detached 2-car garage offering ample space for vehicles and additional storage. Additionally, RV and boat owners will appreciate the convenience of dedicated parking without deed restrictions, and those with entrepreneurial spirits will find the zoning conducive to running a home-based business. Located just a couple of minutes from the Manatee River and local boat ramps, you are blocks from historic downtown Palmetto with quick access to US-41 and I-75 for easy drives to Bradenton, Sarasota, St. Petersburg, and nearby Gulf beaches—so whether you're searching for a charming forever home, a savvy live/work investment, or a turnkey B&B with an established track record, this one-of-a-kind property delivers it all!