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Off Market

1406 5th Street West

Palmetto FL 34221

2
2
1717 sq. ft.
13438 sq. ft.
Single-Family
Last sold for $250,000
Toni ZarghamiToni Zarghami, last sold this property on 04 February 2026 after 326 days on market.

Overview

One or more photo(s) has been 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.

Features

2 bedrooms
2 bathrooms
1717 sq. ft. floor area
13438 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Palmetto over the last 12 months, the estimated median property value of 1406 5th Street West is $362.67k.

Median value
$362.67k
Estimated value range
$115k - $787.5k
Median days on market
82
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palmetto. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1406 5th Street West

2026
Sold
$250,000
04 Feb 2026 by Toni Zarghami, of Keller Williams Classic Group

Happy sellers in Palmetto

82%
82% of sellers in Palmetto reported that their sale price either exceeded or met their price expectations.

Palmetto stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Palmetto over the last 12 months.

Local market activity for 2 bedroom single-family properties in Palmetto

In the last 12 months, 73 two-bedroom single-family properties similar to 1406 5th Street West, have been sold.

This represents a 52% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palmetto

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Eric H Sater

Sellers who recommend Eric H Sater have praised them for being clear communication, local expert, responsive, supportive, empathetic, friendly, and detail-oriented

  •   5   (79 reviews)
  •  8 Reviews in Palmetto
  •  12 Sales in Palmetto
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Jennifer Young

Sellers who recommend Jennifer Young have praised them for being local expert, clear communication, responsive, dedicated, supportive, friendly, and empathetic

  •   5   (100 reviews)
  •  4 Reviews in Palmetto
  •  3 Sales in Palmetto
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Alana Jeltema

Sellers who recommend Alana Jeltema have praised them for being local expert, responsive, clear communication, supportive, dedicated, empathetic, and detail-oriented

  •   5   (95 reviews)
  •  3 Reviews in Palmetto
  •  3 Sales in Palmetto
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Rosangela Pena De Serret

Rosangela Pena De Serret is a recommended agent for Palmetto.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (22 reviews)
  •  3 Reviews in Palmetto
  •  3 Sales in Palmetto
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