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707 40th Street W
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PRICED AT ONLY: $699,999

Address: 707 40th Street W, PALMETTO, FL 34221

Description

Unique & rare opportunity spacious two story coastal home with ground level bonus space embodies the essence of old florida charm with its bahama shutters, durable hardiplank siding and metal roof. The home is perfectly situated on a private 0. 70 acre lot, enticing for any outdoor enthusiast. There are no hoa, cdd or deed restrictions, allowing unparalleled flexibility. The property's current use is sfr (single family residential) and zoning is rdd4. 5 (res. Duplex) which presents an exceptional opportunity for rental income investment, multi gen living or potential multi family use, all within the convenience and easy access to us 41, i 275 & i 75. County water and sewer utilities eliminate the hassle of dealing with private systems. Bring your toys! Ample space is available to park your boat, cars and rv with complete hook up including 50 amp electrical service, water & sewer. If you desire, there is room to add a pool, and all patio areas are screened enclosed for your comfort. This home allows you to enjoy the best of both worlds peaceful seclusion yet close proximity to vibrant city life. Ideal location just minutes away from the sunshine skyway bridge, easy commute to st. Pete, tampa, local airports, or head south to quaint downtown palmetto & bradenton. 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. A double staircase with trex composite decking leads to the elevated first level of the home. Inside you will discover two master bedrooms, each with its own en suite bath plus washer & dryer. A kitchenette and ac bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the main living & dining areas, which overlook the gorgeous water views, a primary kitchen with corian tops and open bar area. Two additional bedrooms and a full bath complete this level. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. The home is equipped with two 2. 5 ton, 15 seer ac units with heat pumps (installed 2024). Step onto the upper exterior patio deck and be whisked away to a widow's walk atop the two story home, offering panoramic views of the water and mangroves. Bask in the tranquility as you enjoy breathtaking sunsets overlooking the bayou which lead out to terra ceia bay, along with views of the sunshine skyway bridge. A comprehensive home security system with alarms and motion activated cameras ensures peace of mind. Additional features include a spiral staircase, generous amounts 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 bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. The ground floor is a bonus space with two separate entrances. A blank canvas waiting for your ideas and new design inspiration. Additionally, there's a separate enclosed workshop/storage room. Don't miss your chance to experience the allure of this truly special, unique coastal retreat. You new adventure begins now! Schedule a tour today!

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  • MLS#: A4633716 ( Residential )
  • Street Address: 707 40th Street W
  • Viewed: 7
  • Price: $699,999
  • Price sqft: $150
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 4656
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 5
  • Additional Information
  • Geolocation: 27.5499 / -82.571
  • County: MANATEE
  • City: PALMETTO
  • Zipcode: 34221
  • Subdivision: Gull Cay
  • Provided by: FINE PROPERTIES
  • Contact: Helaine Giddens
  • 941-782-0000
  • mfrmls
  • DMCA Notice

Description

Unique & rare opportunity spacious two story coastal home with ground level bonus space embodies the essence of old florida charm with its bahama shutters, durable hardiplank siding and metal roof. The home is perfectly situated on a private 0. 70 acre lot, enticing for any outdoor enthusiast. There are no hoa, cdd or deed restrictions, allowing unparalleled flexibility. The property's current use is sfr (single family residential) and zoning is rdd4. 5 (res. Duplex) which presents an exceptional opportunity for rental income investment, multi gen living or potential multi family use, all within the convenience and easy access to us 41, i 275 & i 75. County water and sewer utilities eliminate the hassle of dealing with private systems. Bring your toys! Ample space is available to park your boat, cars and rv with complete hook up including 50 amp electrical service, water & sewer. If you desire, there is room to add a pool, and all patio areas are screened enclosed for your comfort. This home allows you to enjoy the best of both worlds peaceful seclusion yet close proximity to vibrant city life. Ideal location just minutes away from the sunshine skyway bridge, easy commute to st. Pete, tampa, local airports, or head south to quaint downtown palmetto & bradenton. 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. A double staircase with trex composite decking leads to the elevated first level of the home. Inside you will discover two master bedrooms, each with its own en suite bath plus washer & dryer. A kitchenette and ac bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the main living & dining areas, which overlook the gorgeous water views, a primary kitchen with corian tops and open bar area. Two additional bedrooms and a full bath complete this level. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. The home is equipped with two 2. 5 ton, 15 seer ac units with heat pumps (installed 2024). Step onto the upper exterior patio deck and be whisked away to a widow's walk atop the two story home, offering panoramic views of the water and mangroves. Bask in the tranquility as you enjoy breathtaking sunsets overlooking the bayou which lead out to terra ceia bay, along with views of the sunshine skyway bridge. A comprehensive home security system with alarms and motion activated cameras ensures peace of mind. Additional features include a spiral staircase, generous amounts 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 bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. The ground floor is a bonus space with two separate entrances. A blank canvas waiting for your ideas and new design inspiration. Additionally, there's a separate enclosed workshop/storage room. Don't miss your chance to experience the allure of this truly special, unique coastal retreat. You new adventure begins now! Schedule a tour today!
Request More Information
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Features
Building and Construction
  • Basement: Unfinished
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Other, Rain Gutters
  • Flooring: Bamboo, Ceramic Tile, Laminate
  • Living Area: 3435.00
  • Roof: Metal
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Conservation Area, Flood Insurance Required, In County, Oversized Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Heat Pump, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Built-in Features, Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Legal Description: LOT 4 GULL CAY SUB PI#23804.0025/5
  • Levels: Two
  • Area Major: 34221 - Palmetto/Rubonia
  • Occupant Type: Vacant
  • Parcel Number: 2380400255
  • Possession: Close of Escrow
  • Style: Coastal, Elevated, Key West
  • View: Water
  • Zoning Code: RDD4.5
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