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Investor Alert - High-Potential Luxury Opportunity! This expansive 2,896 sqft, 4-bedroom, 3-bath home with office in Palmetto is a rare gem, offering incredible potential just steps from the water. Boat slips are only 1.5 miles away, placing an amazing luxury lifestyle at your fingertips! Flooded mid-renovation, this property is primed for a profitable flip or a stunning forever home, with much of the groundwork already complete. Designed for modern living, this open-concept home seamlessly blends the kitchen, dining, and living areas"”exactly what today's buyers are looking for! At the heart of the home is an enormous owner's suite (approximately 25' x 15'), featuring an opulent ensuite bath and closet room (19' x 12'), along with an attached den/study (10' x 15'). Whether used as a private retreat, home office, nursery, or gym, this space is as functional as it is impressive. Plus, there's easy potential to convert an additional 403 sqft into heated square footage! Key Renovations & Features: Signed county-approved architectural plans included, 2024 foundation work - joist repair & zone stabilization (transferable warranty), $14K in brand-new windows, NEW French doors, Extensive pre-flood demo completed, NEW framing & drywall work already underway, BRAND NEW re-plumb from street (2024), NEW HVAC ductwork progress, NEW rough-in electrical completed (pre-flood), NEW texture & tile work finished. Additional perks include a spacious enclosed front porch, an oversized multi-car carport, a garage that can be enclosed for additional storage, and a large private backyard with a pond feature and concrete pad"”perfect for outdoor entertaining. The potential in this home is outstanding. Don't miss out on this prime investment or luxury dream home opportunity"”schedule your showing today! Highest and best will be accepted on Monday, March 3rd.
| DAYS ON MARKET | 2 | LAST UPDATED | 2/25/2025 |
|---|---|---|---|
| TRACT | N A REYNOLDS RESUBDIVIDED | YEAR BUILT | 1962 |
| COMMUNITY | 34221 - Palmetto/Rubonia | COUNTY | Manatee |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Palmetto Elementary-MN |
|---|---|
| Jr. High School | Lincoln Middle |
| High School | Palmetto High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 34221 - Palmetto/Rubonia |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Other, Stone, Stucco |
| FIREPLACE | Yes |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen, Open Floorplan, Walk-In Closet(s) |
| LOT | 0.28 acre(s) |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | N A REYNOLDS RESUBDIVIDED |
| TAXES | 4766.69 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Private, Public, Well |
MORTGAGE CALCULATOR
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Listing provided by Lisa Souza, LPT REALTY, LLC, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/26/25 2:02 PM PST.
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