337 8th Avenue W, Palmetto, FL 34221 (MLS # A4689794)

PRICE $1,300,000 dsIDX morgage calculator
BEDS 6
BATHS 2
HOME SIZE 6,060 sqft
LOT SIZE 33,106 sqft

A rare opportunity to acquire a prominent, historic property positioned along one of the most traveled corridors in North Manatee County. Built in 1923, this iconic structure blends timeless character with functional scale, offering over 6,000 square feet across two levels on a 0.76-acre site with exceptional visibility and access. The main level features multiple dining & special event rooms, ideal for restaurant, hospitality, retail, or adaptive reuse. Existing infrastructure includes a 10x10 walk-in freezer and 10x10 walk-in refrigerator, supporting food and beverage operations, along with a designated dumpster pad for service efficiency. The property is also equipped with ADA ramp access and abundant on-site parking for 50+ vehicles, a significant advantage for this corridor. The second floor (approx. 1,930 SF) offers flexibility with six rooms (bedrooms or offices) and three fireplaces, well-suited for executive offices, boutique workspace, or potential conversion to suites. Located directly on Business 41 (8th Ave W), the property benefits from high daily traffic counts of 30,000 to 40,000+ vehicles (seasonal), providing strong exposure for owner-users or investors seeking a high-visibility asset. Surrounding development is accelerating. A 152-unit riverfront mixed-use project is underway adjacent to the site, along with an additional 80-unit mixed-use development featuring 15,000 square feet of retail just one block away, bringing increased density and long-term value to the immediate area. Palmetto continues to evolve as a historic waterfront destination along the Manatee River, ideally positioned between St. Petersburg and Sarasota. Demand is rising for authentic, locally driven concepts that embrace the area's coastal heritage and walkable downtown character. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have recently completed construction and are now attracting larger regional events, further supporting commercial growth and business opportunity in the corridor.

DAYS ON MARKET 0 LAST UPDATED 4/30/2026
TRACT PALMETTO YEAR BUILT 1923
COMMUNITY 34221 - Palmetto/Rubonia COUNTY Manatee
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Other
AREA 34221 - Palmetto/Rubonia
BASEMENT Crawl Space
CONSTRUCTION Stucco
FIREPLACE Yes
HEAT Central
INTERIOR Crown Molding, Dry Bar, Open Floorplan
LOT 0.76 acre(s)
LOT DESCRIPTION Cleared, Corner Lot, Paved
SEWER Public Sewer
STORIES 2
STYLE Florida, Traditional
SUBDIVISION PALMETTO
TAXES 14983
UTILITIES Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION City
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by Jordan Chancey, PA, MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC, 941-737-1500
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/30/26 9:31 AM PDT.

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