416 40th St E, Palmetto, FL 34221
SOLD
JUN 12, 2026

416 40th St E
Palmetto, FL 34221

  • 4 Beds
  • 4 Baths
  • 1,944 sqft

$370,400

Last Sold: Jun 12, 2026
4% below list $384K
$191/sqft
Est. Refi. Payment $2,361/mo*
Refinance Your Home

$370,400

Last Sold: Jun 12, 2026
4% below list $384K
$191/sqft
Est. Refi. Payment $2,361/mo*
Refinance Your Home
4 Beds
4 Baths
1,944 sqft

Local Information

  • Map ViewExplore the area around 416 40th St E.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026. Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking. Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
416 40th St E, Palmetto, FL 34221 is a 4 bedroom, 4 bathroom, 1,944 sqft multi-family built in 1981. It last sold for $370,400 on Jun 12, 2026 (4% below the $384,000 asking price). More recently, it was listed as a rental in November 2022 with an asking price of $1,800 per month. It is currently off market. The Trulia Estimate is $370,300, with a rent estimate of $1,848/month.

Home Highlights

Parking
Open Parking
Outdoor
Patio
View
No Info
HOA
None
Price/Sqft
$191/sqft
Listed
81 days ago

Home Details for 416 40th St E

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 1944 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water ConnectedLaundry: Inside,Laundry Room
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Tile
View
No View
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Patio, ScreenedFencing: FencedFoundation: SlabNo Private Pool
Parking & Garage
No CarportNo GarageHas Open ParkingParking: Driveway
Frontage
Road Surface Type: Asphalt, PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 37

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: BlockNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 2279100123

Price & Status

Price
List Price: $384,000Price Per Sqft: $191/sqft
Status Change & Dates
Off Market Date: Sun May 24 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: PALMETTOCommunity: PALMETTO COUNTRY CLUB ESTATES FIRST UNIT
School Information
Elementary School: Palm View ElementaryJr High / Middle School: Lincoln MiddleHigh School: Palmetto High

Building

Building Area
Building Area: 2088 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Suncoast TampaNo HOA

Lot Information

Lot Area: 9627 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Fee Simple
Expense
Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Miscellaneous

Mls Number: A4690441Showing Considerations: No Sign, See RemarksShowing Requirements: Appointment Only, Lockbox - Electronic, See RemarksUniversal Property Id: US-12081-N-2279100123-R-N
Last check for updates: about 3 hours ago
Listed by Edward Bieker, PA, (941) 525-6473
DALTON WADE INC, (888) 668-8283
Bought with: Crystal Hobbs, (941) 557-4873, GULF SANDS REALTY, LLC, (941) 343-7275
Co-Buyer's Agent: Brandon Hobbs, (541) 666-8592, GULF SANDS REALTY, LLC, (941) 343-7275
Originating MLS: Suncoast Tampa
Source: Stellar MLS, MLS#A4690441
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 416 40th St E

DatePriceEventSource
06/12/2026$370,400Sold
Stellar MLS #A4690441
05/24/2026$384,000PendingStellar MLS #A4690441
04/17/2026$384,000Listed For SaleStellar MLS #A4690441
01/01/2025$284,900ListingRemovedStellar MLS #U8143419
01/01/2024ListingRemovedStellar MLS #U8143419
11/23/2022$1,800Listed For RentZillow Rental Network_1
12/30/2021$310,000Sold
N/A
11/23/2021$284,900PendingStellar MLS #U8143419
11/16/2021$284,900Listed For SaleStellar MLS #U8143419
09/09/2021$930,000Sold
N/A
10/29/2002$85,500Sold
N/A
04/01/1997$85,000Sold
N/A

Market trends in Palmetto

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$352K
$6KMoM
Sale-to-List Price
96.9%
0.3%MoM
Price per sq ft
$215
$0MoM
Available listings
412
3MoM
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Property Tax and Assessment

Year2025
Tax$4,529
Assessment$289,668
Home facts updated by county records

Comparable Sales for 416 40th St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
613 45th St E, Palmetto, FL
0.26
Multi-Family Home
$199,900
01/20/26
2
2
1,326
416 28th St W, Palmetto, FL
0.89
Multi-Family Home
$225,000
12/31/25
3
2
1,291
1117 4th St W, Palmetto, FL
2.72
Multi-Family Home
$439,000
08/04/25
4
5
1,952
116 12th St W, Palmetto, FL
1.80
Multi-Family Home
$330,000
02/18/26
-
2,400
1533 1st Avenue Dr W, Bradenton, FL
3.71
Multi-Family Home
$460,000
10/08/25
3
2
1,758

Nearby homes

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Assigned Schools

These are the assigned schools for 416 40th St E.

What Locals Say about Palmetto

At least 188 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 64 % Say kids play outside

  • 62 % Say there are sidewalks

  • 54 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 37 % Say streets are well-lit

  • 31 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • La Shawn
    "I do not have any pets to give an opinion. The area is nice. I do see people walking their dogs daily "
    0
    Flag
  • Cgreene911
    "Quiet, Pet friendly. Neighbors are friendly and watch out for each other. There were 2 antagonists but fortunately they sold. The current Board is working hard to meet the requirements for a well maintained community that we can enjoy. Please ignore the previous negative comment. HOA fees are now $244 for the purpose of replenishing reserves that were depleted."
    9
    Flag
  • Janie Z.
    "This is not a friendly community. Very clickish. There are bullies here and those who spy for the owner then report you. Those who call you a friend one day then stab you in the back the next day to join the newest ‘in crowd’. Do yourself a favor, buy elsewhere. "
    5
    Flag
  • Trulia User
    "An old fashioned neighborhood where kids can have a little freedom. Very neighborly, quiet. City park with new play structure and community events"
    0
    Flag
  • Trulia User
    "Food carts, Saturday market, park events like outdoor movies, boating festivals, litter clean-ups, small businesses, pier fishing, soccer, pickle ball "
    0
    Flag
  • J. M.
    "Wonderful location 20 minutes from beautiful ⛱ beaches. The nicest place in Florida to live! Close to 75 and 275 and shopping is great around here with St Armands and University Mall just down a few exits."
    1
    Flag
  • Brittney J.
    "The kind of neighbors you hope you have. That look out for you while you're out of town or pass sugar over the fence. Lots of families in the neighborhood and easy access to the highway. I work in Pinellas county and it's a short commute. "
    2
    Flag
  • Misty V.
    "Easy drive to Tampa/St.Pete/Sarasota and without all the hussle and bussle of being right in a city. "
    7
    Flag
  • Rolandoramos87
    "This is a elderly Mobil home residence. It is a very nice place to live. The zone is friendly, easy to get around and has good access to main roads."
    0
    Flag
  • Pat T.
    "Charter school, grades K-8 within walking distance located in neighborhood. Homes surround Lake Joyce with kayaking and fishing."
    2
    Flag
  • Pat T.
    "No public transportation. However, easy access to I-75 and I-275 to Tampa, St. Petersburg and Sarasota. "
    0
    Flag
  • Jodi R.
    "Neighborhood is very friendly and full of families with kids of all ages. There are local farmers markets also. "
    4
    Flag
  • Monroe B.
    "Lived here for 13 years. Friendly neighbors watching out for each other. A mobile home is not kid friendly "
    1
    Flag
  • Joan S.
    "I just moved here a few months ago & I've visited here many times. Beautiful area by the water. I live in a 55+ community & my neighbors are from everywhere."
    8
    Flag
  • Nisa1980
    "My neighborhood’s commute is safe and steady. No heavy traffic. Transportation always seems cautious. "
    0
    Flag
  • Dollfinzz1
    "It’s easy to commute to St Pete, Sarasota, Or Bradenton. Of course, you need a car or ride share. The public trans is not 24/7.0"
    0
    Flag
  • Malikah M.
    "Great neighborhood, friendly people, close to shopping. Traffic during morning and afternoon commutes."
    3
    Flag
  • Jabart74
    "The fair and art stands, traffic is fair and many stores to shop. Having to cross one of three bridges gets hectic at times."
    0
    Flag
  • Anabel0114
    "Always church events, park events and movies and all the shopping centers around. Great neighborhood! "
    0
    Flag
  • Gary S.
    "Very pleasant and affordable area. Close enough to services and groceries, etc. The people are very nice. "
    2
    Flag
  • britmatany
    "Very few good schools in this area! Few decent parks/playgrounds, but close to great playgrounds in Sarasota."
    3
    Flag
  • ROR
    "Easy to reach i75 North or South. Close to everything. Easy to reach 301 or 41 either North, South or to Anna Maria Island. Traveling to Sarasota is easy as well."
    0
    Flag
  • Mario s
    "Just us visiting. Seems like a wonderful place for recreation and families. We will only be here for a week but looking forward to boating and grilling and having a wonderful time."
    0
    Flag
  • Shaun C.
    "Great neighborhood for pets, kids, etc. Very safe, LOTS of police officers live here. Walk around anytime, day or night. "
    0
    Flag
  • Ralph B.
    "our neighborhood is safe and quiet. peaceful and practical. I enjoy living here. it's a good investment too. "
    3
    Flag
  • Anabel0114
    "It is very family friendly, quite, beautiful, nice scenery, great schools, close to about everything and almost 100% safe. I would reccomend this neighborhood to anyone and I have lived in this area for about 11 years now. "
    0
    Flag
  • Kd9249
    "Nice established community. Great mix of people. Quiet and friendly. Homes are all different. Feel safe walking at night."
    0
    Flag

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Apartments for Rent

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Homes for sale near 416 40th St E

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Off Market Homes Near 416 40th St E

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