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707 40TH STREET W, PALMETTO, FL - photo 1

$800,000

707 40TH STREET W

PALMETTO, FL 34221

Estimated payment $4,620/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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5Beds
4Baths
3,435Sq Ft
$233Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1979
30,448 sqft Lot

About This Home

Discover a rare opportunity to own a spacious two-story coastal retreat set on a private 0.70-acre lot with beautiful water and mangrove views. Filled with Old Florida character, this property features Bahama shutters, durable HardiPlank siding, and a metal roof. With **NO HOA, CDD, or deed restrictions**, the possibilities are wide open. Currently utilized as a single-family residence and zoned **RDD4.5 (Residential Duplex)**, the property offers excellent flexibility for an investment opportunity, multi-generational living arrangement, or potential multi-family use. County water and sewer add convenience, while the location provides easy access to US-41, I-275, and I-75. Bring all your toys! The expansive property provides plenty of room for boats, vehicles, and an RV, complete with **50-amp electrical service, water, and sewer hookups**. There's also space to add a pool, and the patio areas are screened for comfortable outdoor enjoyment. A gated entrance and circular driveway provide a welcoming arrival with abundant parking. Double stairs with Trex composite decking lead to the elevated first level, where you'll find **two master suites**, each offering a private en-suite bathroom, along with a washer and dryer. A kitchenette and air-conditioned bonus room with its own rear entrance add even more versatility. The second level serves as the main living space and takes full advantage of the home's elevated position and stunning views. The open living and dining areas overlook the water and flow into the primary kitchen, featuring Corian countertops and an open bar area. Two additional bedrooms and a full bathroom complete this level. The home's distinctive inverted floor plan enhances privacy, natural airflow, and the surrounding views. Outdoor living is truly exceptional. Step onto the upper patio deck and continue up to the home's **widow's walk**, where panoramic views stretch across the water and surrounding mangroves. Enjoy spectacular sunsets over the bayou leading toward Terra Ceia Bay, with the Sunshine Skyway Bridge adding to the scenic backdrop. Recent updates include **two 2.5-ton, 15-SEER HVAC systems with heat pumps installed in 2024**. Additional features include a comprehensive security system with alarms and motion-activated cameras, spiral staircase, abundant closet and under-stair storage, room-darkening shades, built-in entertainment center with roll-out shelving, large flat-screen TV with electric lift, weather station, pantry cabinetry with roll-out drawers, and a queen-size Murphy bed in one of the upstairs bedrooms. Throughout the home, you'll find bamboo, laminate, and tile flooring—no carpet! The ground level offers a spacious bonus area with two separate entrances, ready to be transformed to suit your needs, plus a separate enclosed workshop/storage room. Despite its peaceful, private setting surrounded by wildlife—including osprey, bald eagles, hawks, herons, egrets, and owls—the location is remarkably convenient. Enjoy easy access to the Sunshine Skyway Bridge, St. Petersburg, Tampa, area airports, Palmetto, and Bradenton. This one-of-a-kind coastal property offers space, flexibility, privacy, and incredible views in a location that puts everything within reach. Come see the possibilities and make this unique Florida retreat your own!

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:5
  • •Bathrooms:4
  • •Full bathrooms:4
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:3,435 sqft
  • •Total interior livable area:3,435 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:30,448 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1979

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Price history

DateEventPrice
2026-10-07T00:00:00.000ZListed for sale$800,000$233/sqft

Listing Agent

Kevin Mize

REDFIN CORPORATION

Brokerage Phone: 617-458-2883

Source: Stellar MLS · MLS #TB8555834

Data Powered by Home Junction, Inc.

Nearby

Schools

PALMETTO HIGH SCHOOL

High · 1.4 mi

JAMES TILLMAN ELEMENTARY MAGNET SCHOOL

Elementary · 1.4 mi

PALM VIEW K-8 SCHOOL

Elementary · 1.4 mi

Supermarkets

Coconut Bay Trading Company

0.6 mi

MP Market Palmetto

1.8 mi

Publix Liquors at Palmetto

1.9 mi

Dining

Woodys tomato factory

0.3 mi

Abruzzino's Backyard Bar & Grill

0.5 mi

Emily's bar and grill

0.5 mi

Parks

Washington Borrow Pit Park

0.8 mi

Blackstone Park

1.2 mi

17th Street Park

1.5 mi

Beaches

Manatee County Beach

9.4 mi

Bradenton Beach

9.9 mi

SeaHorse Beach Resort

12.6 mi

Nearby amenity locations include data © OpenStreetMap contributors.