

1406 5th Street WPalmetto, FL, 34221
- Price per sqft
- $149
- Sold on
- Feb 4, 2026
About this property
Virtually Staged. CASH ONLY! Step into a timeless classic filled with warmth, character, and charm. This historic property has gracefully stood the test of time and is ready for its next chapter. Welcome to the "Castles by the Sea," a rare opportunity to own two 1925 homes in the heart of Historic Palmetto. Nestled on a generous lot, these castle-like residences combine enduring character with limitless potential. Whether you envision a full-time residence, a profitable investment, or a combination of both, this property offers incredible flexibility. The main home exudes vintage charm, featuring a cozy wood-burning fireplace, a bright breakfast nook, and spacious living areas that blend historic appeal with modern potential. With one bedroom and one bathroom, it provides the perfect canvas to embrace 1920s elegance while adding your personal touches and contemporary updates. Equally enchanting, the guest house offers a versatile studio layout with its own private driveway, full kitchen, and bathroom, ideal for guests or rental income. Free from rental restrictions, this property allows for short-term rentals, making it a lucrative opportunity for investors or homeowners seeking flexibility. Perfectly situated just minutes from the scenic Manatee River, local dining, shopping, and entertainment, and within easy reach of Bradenton, St. Pete, and Sarasota, the "Castles by the Sea" offer the perfect balance of historic charm and modern convenience.

Property details
- Property type
- Single Family Residence
- Street address
- 1406 5th Street W
- City
- Palmetto
- State
- FL
- ZIP code
- 34221
- Year built
- 1925
- New construction
- No
- Faces
- South
- Rooms
- 5
- Building stories
- 1
- Living area
- 1,675 sqft
- Total building area
- 1,717 sqft
- Levels
- One
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| SoldMLS #A4644271 | $250,000 | Not applicable | |
| Price reducedMLS #A4644271 | $285,000Change: −28.8%−$115,000 | −28.8%−$115,000 | |
| Listed for saleMLS #A4644271 | $400,000 | Not applicable |
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