For SaleSingle Family ResidenceActive
707 40th Street W
Palmetto, FL 34221
$750,000
30 Days On Site
- 5Beds
- 4Baths4 full
- 3,435Sq Ft
- $218Per Sq Ft
- 0.7Acres
- 1979Built
- Subdivision
- Gull Cay
- County
- Manatee
- MLS®
- TB8555834
Overview
Discover a rare opportunity to own a spacious two-story coastal retreat set on a private 0.70-acre lot with beautiful water and mangrove views. Filled with Old Florida character, this property features Bahama shutters, durable HardiPlank siding, and a metal roof. With NO HOA, CDD, or deed restrictions, the possibilities are wide open.
Currently utilized as a single-family residence and zoned RDD4.5 (Residential Duplex), the property offers excellent flexibility for an investment opportunity, multi-generational living arrangement, or potential multi-family use. County water and sewer add convenience, while the location provides easy access to US-41, I-275, and I-75.
Bring all your toys! The expansive property provides plenty of room for boats, vehicles, and an RV, complete with 50-amp electrical service, water, and sewer hookups. There's also space to add a pool, and the patio areas are screened for comfortable outdoor enjoyment.
A gated entrance and circular driveway provide a welcoming arrival with abundant parking. Double stairs with Trex composite decking lead to the elevated first level, where you'll find two master suites, each offering a private en-suite bathroom, along with a washer and dryer. A kitchenette and air-conditioned bonus room with its own rear entrance add even more versatility.
The second level serves as the main living space and takes full advantage of the home's elevated position and stunning views. The open living and dining areas overlook the water and flow into the primary kitchen, featuring Corian countertops and an open bar area. Two additional bedrooms and a full bathroom complete this level. The home's distinctive inverted floor plan enhances privacy, natural airflow, and the surrounding views.
Outdoor living is truly exceptional. Step onto the upper patio deck and continue up to the home's widow's walk, where panoramic views stretch across the water and surrounding mangroves. Enjoy spectacular sunsets over the bayou leading toward Terra Ceia Bay, with the Sunshine Skyway Bridge adding to the scenic backdrop.
Recent updates include two 2.5-ton, 15-SEER HVAC systems with heat pumps installed in 2024. Additional features include a comprehensive security system with alarms and motion-activated cameras, spiral staircase, abundant closet and under-stair storage, room-darkening shades, built-in entertainment center with roll-out shelving, large flat-screen TV with electric lift, weather station, pantry cabinetry with roll-out drawers, and a queen-size Murphy bed in one of the upstairs bedrooms.
Throughout the home, you'll find bamboo, laminate, and tile flooring—no carpet! The ground level offers a spacious bonus area with two separate entrances, ready to be transformed to suit your needs, plus a separate enclosed workshop/storage room.
Despite its peaceful, private setting surrounded by wildlife—including osprey, bald eagles, hawks, herons, egrets, and owls—the location is remarkably convenient. Enjoy easy access to the Sunshine Skyway Bridge, St. Petersburg, Tampa, area airports, Palmetto, and Bradenton.
This one-of-a-kind coastal property offers space, flexibility, privacy, and incredible views in a location that puts everything within reach. Come see the possibilities and make this unique Florida retreat your own!
Listing Snapshot
- Price
- $750,000
- Days On Site
- 30 Days
- Bedrooms
- 5
- Inside Area (SqFt)
- 3,435 sqft
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Lot Size
- 0.7 Acres
- Year Built
- 1979
- MLS® Number
- TB8555834
- Status
- Active
- Property Tax
- $7,790 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
10 items
- Acres
- 0.7
- Direction Faces
- East
- Foundation
- Pillar/Post/Pier
- Levels
- Two
- Property Sub Type
- Single Family Residence
- Sewer
- Public Sewer
- SqFt Total
- 4,656
- Utilities
- Cable Available, Electricity Available
- Water Source
- Public
- Zoning
- RDD4.5
Interior Features
5 items
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Cooling
- Central Air
- Furnished
- Unfurnished
- Heating
- Central
- Laundry Features
- Inside
Exterior Features
3 items
- Construction Details
- Frame
- Exterior
- Lighting
- Roof
- Metal
Community Features
4 items
- MLS Area
- 34221 - Palmetto/Rubonia
- Township
- 34
- Financing Terms Available
- Cash, Conventional, FHA, VA Loan
- Roads
- Asphalt
Location
707 40th Street W, Palmetto, FL 34221 · 34221 - Palmetto/Rubonia
Neighborhood & Commute
ZIP Code 34221
- Median household income
- $71,767
- Income per person
- $39,843
- Households
- 21,343
- Average household size
- 2.49
- Median age
- 46.2
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $750,000
- Listing first seen on site
- Status changed to Active
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