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Active - House for sale

502 7TH AVENUE W, Palmetto, FL

3 bds|2 bth + 1 half|1,693 sqft

Facts & features

House Property type
88 days on Beycome
1905 Year built
$233 Price/Sqft.
2 car garage Parking
14,784 sqft Lot size

Why you’ll love it

Seller is offering a $10,000 BUYER CREDIT with an acceptable offer, giving buyers the flexibility to use the incentive toward closing costs, an interest-rate buy-down, prepaid expenses, or other allowable costs based on their needs. 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!

Translating description...

Listings courtesy of MARK SPAIN REAL ESTATE as distributed by MLS GRID.

Listed by: Molly Nelson • Molly27johnson@gmail.com • MARK SPAIN REAL ESTATE

Co-listed by: MARK SPAIN REAL ESTATE

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8539476 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

Come see by yourself

Affordability

$255,000$535,000
1%20%
0%90%
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Estimated monthly payment

$2,515/mo

  • Mortgage$1,997
  • Property tax$518
  • HOA fee
  • Homeowners insurance
Due at closing$314,025
Down payment held in escrow$79,000
Closing costs$5,925
beycome credit Est.$7,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$7,900 Credit back

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Travel times

About Willis Add To Palmetto Continued

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$395,000 Listed price

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$7,900 Credit back

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