Land at 5405 US HIGHWAY 19, PALMETTO
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$329,000

5405 US HIGHWAY 19
PALMETTO, FL 34221
Listed by FLORIDA EXECUTIVE REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

1.398 Acres MOL, Partially-Cleared, Vacant Lot opportunity with an ample 300 feet of Frontage located along US Highway 19 in lovely Palmetto, Florida. Northbound access is available via Median Opening. As per Utilities: A 12-inch Diameter Water Line is located across US 19. A 8-inch Diameter Sewer Line is located along the West side of Parcel. Palmetto is strategically positioned midway between Tampa / St. Petersburg to the north and Sarasota to the south, placing it in the heart of Florida’s rapidly expanding Gulf Coast growth corridor. The surrounding area features a strong mix of existing and under-construction residential communities, including waterfront estates, golf and country club neighborhoods, and thoughtfully designed master-planned developments. The site offers excellent accessibility, with convenient proximity to I-75, providing seamless connectivity to major employment centers, retail hubs, and regional amenities. With continued residential expansion and strong regional demand, this location presents an exceptional opportunity for residential or mixed-use development in one of Southwest Florida’s most active growth markets. Said Frontage, coupled with a Lot Depth measuring 203 feet and NCM RSF6 Zoning Classification (therefore allowing for Neighborhood Commercial Mixed Use & Six Residential Units per Acre) allows a plethora of options in determining highest & best use by its future Owner. (Neighborhood Commercial - Medium District) allows multiple retail uses, personal services and offices to serve existing residential neighborhoods. Permitted uses allowed are as follows: - Adult Day Care Center - Agricultural Uses - Alcoholic Beverage Establishment - 2 COP License - Animal Services (Wild and Exotic) - Assisted Living Facility, Large - Assisted Living Facility, Small - Banking: Bank - Banking: Bank/Drive-through - Bed and Breakfast - Bus and Train Passenger Station - Business Services - Car Wash: Incidental - Cemetery: Human and Pet - Child Care Center, Accessory - Child Care Center, Large - Child Care Center, Small - Churches/Places of Worship - Civic, Social, and Fraternal Organizations/Clubs - Clinics - Community Residential Homes - Cultural Facilities - Drive-Through Establishments - Dry Cleaners: General - Dry Cleaners: Pick-Up - Earthmoving, Minor - Environmental Land Preserves, Public and Private - Food Catering Service Establishment - Funeral Chapel - Funeral Home - Lodging Places: Boarding House - Lodging Places: Hospital Guest House - Medical Marijuana Treatment Center Dispensing Facility - Miscellaneous Services: Office - Nursing Homes - Office, Medical or Professional - Parking, Commercial (Principal Use) - Personal Service Establishment - Post Offices – Printing. Feel free to reach out with absolutely any questions & thanks for looking!

Property details

MLS #
MFRTB8384829
Property type
Land
Subdivision
N/A
Status
Active
Days on market
432
On market date
May 13, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.39 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
PALM VIEW K-8 SCHOOL
0.56 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
804
Student:teacher ratio
16.8:1
District
MANATEE
Middle
LINCOLN MEMORIAL MIDDLE SCHOOL
2.46 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
307
Student:teacher ratio
14.6:1
District
MANATEE
High
PALMETTO HIGH SCHOOL
2.35 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,984
Student:teacher ratio
22.5:1
District
MANATEE

Walkability

Blended score for PALMETTO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes2
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in PALMETTO, from live MLS data.

On the market 432 days -- 324 more days than PALMETTO's current average of 108 days.
For reference, the median list price across 697 active listings in PALMETTO right now is $369,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,131/mo
$65,800 down
$263,200 loan
Principal & interest$1,707
Property tax (est.)$274
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.