707 40th STREET W, Palmetto, FL 34221

$729,900 Asking Price

4 beds
3 baths
3,435  sqft
Built in 1979

Under contract-accepting backup offers. ENDLESS POSSIBILITIES. Looking for that one-of-a-kind Florida experience? Look no further! This extraordinary coastal home embodies the essence of Old Florida charm with its Bahama shutters, metal roof and sprawling 0.70 acre lot. Surrounded by nature, your only neighbors will be majestic osprey, bald eagles, hawks, herons, egrets, and owls. As you arrive, a secure gate and circular drive welcome you, providing ample open parking. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. Ascend the double staircase adorned with Trex composite decking and enter into the main home. Inside, discover two master bedrooms, each with its own en-suite bath and washer & dryer. A kitchenette and bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the main living & dining rooms, and a full kitchen equipped with modern appliances. Corian tops and bar area add a touch of elegance. Two additional bedrooms and a full bath complete this level. The home's equip with two- 2.5 ton, 15 seer AC heat pump units, both replaced in 2024. Step onto the upper exterior deck and be whisked away to a widow's walk atop the two-story home, offering panoramic views of the water, mangroves, and the beauty of nature. Bask in the tranquility as you enjoy breathtaking sunset views of the bayou leading out to Terra Ceia Bay. A comprehensive home security system with alarms and motion-activated cameras ensures peace of mind. County water and sewer utilities eliminate the hassle of dealing with private systems. Best of all, there are NO deed restrictions, CDD, or HOA fees, giving you the freedom to enjoy your property to the fullest. The property's current use is SFR (Single Family Residential) the Zoning is RDD 4.5 (Residential Duplex). Bring your toys! Ample space is available to park your boat, cars, and RV, complete full hook-up including 50 amp electrical service, water & sewer. If you desire, there is room to add a pool, and all decks are screened and enclosed for your comfort. Additional features include a spiral staircase, plenty of closet space and storage under stairs, room-darkening shades, a built-in entertainment center with roll-out shelving, large flat-screen TV with an electric lift, a weather station, kitchen pantry cabinet with roll out drawers, and a queen size murphy's bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. On the ground floor, you'll find an additional living space (non-conforming) with a separate entrance, offering 1 bedroom, 1 bath, kitchen, washer & dryer, and a workshop room. Perfect for accommodating guests or providing a mother-in-law suite. Conveniently located with easy access to US-41, I-275, I-75 and just minutes from the Sunshine Skyway bridge over to St. Pete, Tampa and local airports. This home allows you to enjoy the best of both worlds - peaceful seclusion and proximity to vibrant city life. The property is adorned with lush vegetation including mango trees, live oaks, staghorn ferns, cabbage palms, bromeliads, and even pineapples! Don't miss your chance to experience the allure of this truly special, unique coastal retreat.


Features & Amenities

Interior

General:
Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Rooms:
Inside Utility, Interior In-Law Suite w/Private Entry
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry:
Inside, Laundry Room
Basement:
Finished
Flooring:
Bamboo, Ceramic Tile, Laminate
A/C:
true, Central Air, Wall/Window Unit(s), Zoned
Heating:
true, Central, Electric, Heat Pump

Exterior

General:
Hurricane Shutters, Rain Gutters
Style:
Coastal, Custom, Elevated, Florida, Key West
Parking:
Boat, Circular Driveway, Driveway, Open, Oversized, RV Parking

Construction

Roofing:
Metal
Windows:
Blinds, Shutters
General:
Block, HardiPlank Type, Two, Slab, Stilt/On Piling

Location

Road/Access:
Street Unpaved
Originating MLS:
Stellar MLS
County:
Manatee

Lot

Zoning:
RDD4.5, LOT 4 GULL CAY SUB PI#23804.0025/5, 2380400255
View:
Water
Fencing:
Wire

Utilities

Utilities:
Cable Available, Sewer Connected, Underground Utilities, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
FINE PROPERTIES, Helaine Giddens

About Palmetto, FL

Housing

Number of Units
23,962
Median Home Value
$192,334
Median Rent
$1,028

22.00% of housing units are renter occupied.

16.28% are vacant.

Commute

Car
70.46%
Public Transportation
0.46%
Walk to Work
1.29%
Work from Home
27.10%
Other
0.08%

The median travel time to work is 21 minutes.

People

Population
51,778
Median Age
45.90
Median Household Size
2.66

Education

High School
32.74%
Associate’s Degree
10.03%
Bachelor’s Degree
16.53%
Graduate Degree
8.35%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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