707 40th Street W, Palmetto, FL 34221

List Price
Days on Market
Property Style
Single Family
Architectural Style
Coastal, Custom, Elevated, Florida, Key West
Year Built
Living Area
Lot Size
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Gull Cay
Community Name
Gull Cay Subdivision
MLS Area Major

Property Description

ENDLESS POSSIBILITIES. Looking for that one-of-a-kind Florida experience? Look no further! This extraordinary coastal home embodies the essence of Old Florida charm with its Bahama shutters, metal roof and sprawling 0.70 acre lot. Surrounded by nature, your only neighbors will be majestic osprey, bald eagles, hawks, herons, egrets, and owls. As you arrive, a secure gate and circular drive welcome you, providing ample open parking. The unique inverted floor plan maximizes views, cross ventilation, privacy, and quiet living. Ascend the double staircase adorned with Trex composite decking and enter into the main home. Inside, discover two master bedrooms, each with its own en-suite bath and washer & dryer. A kitchenette and bonus room with a separate rear entrance offer versatility and convenience. Journey to the second level and be greeted by the main living & dining rooms, and a full kitchen equipped with modern appliances. Corian tops and bar area add a touch of elegance. Two additional bedrooms and a full bath complete this level. The home's equip with two- 2.5 ton, 15 seer AC heat pump units, both replaced in 2024. Step onto the upper exterior deck and be whisked away to a widow's walk atop the two-story home, offering panoramic views of the water, mangroves, and the beauty of nature. Bask in the tranquility as you enjoy breathtaking sunset views of the bayou leading out to Terra Ceia Bay. A comprehensive home security system with alarms and motion-activated cameras ensures peace of mind. County water and sewer utilities eliminate the hassle of dealing with private systems. Best of all, there are NO deed restrictions, CDD, or HOA fees, giving you the freedom to enjoy your property to the fullest. Property Zoning, RDD4.5 Residential Duplex. Bring your toys! Ample space is available to park your boat, cars, and RV, complete full hook-up including 50 amp electrical service, water & sewer. If you desire, there is room to add a pool, and all decks are screened and enclosed for your comfort. Additional features include a spiral staircase, plenty of closet space and storage under stairs, room-darkening shades, a built-in entertainment center with roll-out shelving, large flat-screen TV with an electric lift, a weather station, kitchen pantry cabinet with roll out drawers, and a queen size murphy's bed in upstairs bedroom. Say goodbye to carpets as this home features bamboo flooring, laminate, and tile throughout. On the ground floor, you'll find an additional living space (non-conforming) with a separate entrance, offering 1 bedroom, 1 bath, kitchen, washer & dryer, and a workshop room. Perfect for accommodating guests or providing a mother-in-law suite. Conveniently located with easy access to US-41, I-275, I-75 and just minutes from the Sunshine Skyway bridge over to St. Pete, Tampa and local airports. This home allows you to enjoy the best of both worlds - peaceful seclusion and proximity to vibrant city life. The property is adorned with lush vegetation including mango trees, live oaks, staghorn ferns, cabbage palms, bromeliads, and even pineapples! Don't miss your chance to experience the allure of this truly special, unique coastal retreat.

Additional Information

Minimum Lease
No Minimum
Flood Insurance Required, FloodZone, In County, Oversized Lot, Unpaved
Community Features
None, No Deed Restriction
Property Description
Two Story
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Bamboo, Ceramic Tile, Laminate
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Cable Available, Sewer Connected, Underground Utilities, Water Connected
Central, Electric, Heat Pump
Air Conditioning
Central Air, Wall/Window Unit(s), Zoned
Exterior Construction
Block, HardiPlank Type, Wood Frame
Exterior Features
Hurricane Shutters, Rain Gutters
Slab, Stilt/On Piling
No Pool
Garage Features
Boat, Circular Driveway, Driveway, Open, Oversized, RV Parking
Water Name
Peterson Bayou. Terra Ceia Bay
Water View
Bay/Harbor - Partial, Bayou
Flood Zone Code
Parcel ID
Legal Description
LOT 4 GULL CAY SUB PI#23804.0025/5

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Listing courtesy of FINE PROPERTIES.

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