Single Family Residence at 3208 16TH AVE E, PALMETTO
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$610,000

3208 16TH AVE E
PALMETTO, FL 34221
Listed by EXIT KING REALTY
Bedrooms
6
Bathrooms
4
Living area
2,502 sqft
Year built
2007

About this home

This unique and versatile property offers the perfect blend of space, convenience, and opportunity! Situated on 2.5 acres of cleared land, this well maintained home has been converted into a duplex, making it ideal for multi-generational living, rental income, or easily converting back into a spacious single-family residence. Featuring a total of 6 bedrooms and 4 bathrooms, this property provides ample living space for large families or investors seeking flexibility. The expansive acreage offers endless possibilities, with plenty of room for RV parking, boat storage, recreational vehicles, or future additions. Conveniently located near shopping centers, schools, and everyday amenities, this home also provides quick and easy access to Interstate highways, making commutes to Sarasota, Tampa, and St. Petersburg a breeze. Whether you’re looking for an income-producing property, a private family retreat, or room to grow, this rare 2.5-acre gem delivers exceptional value, location, and potential. Don’t miss this incredible opportunity to own a property that truly has it all!

Property details

MLS #
MFRA4693387
Property type
Single Family Residence
Subdivision
1160; MISC AC PALMETTO
Status
Active
Days on market
104
On market date
May 12, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
N/A
Lot size
2.5 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
JAMES TILLMAN ELEMENTARY MAGNET SCHOOL
0.42 mi away · Grades -1-5
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
562
Student:teacher ratio
14.4:1
District
MANATEE
Middle
LINCOLN MEMORIAL MIDDLE SCHOOL
1.48 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
HighCharter
MANATEE SCHOOL FOR THE ARTS
1.77 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,902
Student:teacher ratio
20.2:1
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).

41
Somewhat walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable
Google Places amenity density
28 / 100
Restaurants & cafes1
Grocery stores0
Parks2
Schools1
Transit stops8
Pharmacies0

Market position

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

On the market 104 days -- 4 fewer 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
$3,823/mo
$122,000 down
$488,000 loan
Principal & interest$3,165
Property tax (est.)$508
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 24, 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.