416 40th Street E, Palmetto, FL 34221

Under contract-accepting backup offers. Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE. NEW ROOF MAY 2026.nnBoth units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking.nnConveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. nnThis duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.