Commercial Sale · Multi Family (5+)
515 77TH STREET E UNIT 10, PALMETTO, FL, 34221
Active3 days on marketListed Aug 6, 2026MLS #A4702298
About this property
The property at a glance
The Lazy Acres MHP is 24 unit MHP situated on 2.25+ acres in Palmetto, FL Palmetto is an easy commute to Tampa/St Petersburg & Sarasota Bradenton. Community has been tied into central utilities and impact fees have been paid in full. *NOTE* Actual square footage of the 24 units has not been measured but MLS requires a number, so the sq ft has been estimated.
15,600
Building sq ft
$119
Price / sq ft
2.25
Lot acres
1960
Year built
24
Units
24
Buildings
RSF1/CH
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
4.9%
Cap rate
$90,928
Net operating income
$175,920
Gross income (yr)
$77,083
Price / unit
24
Units
Estimated payment (illustrative)
Estimated payment
$9,488/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Wendell to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
2,305
Population
$57,190
Median income
44
Median age
2
Avg household
$253,103
Median home value
$695/mo
Median rent
260
Households w/ kids
Consumer profile
Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Recent sales
What actually sold near 515 77TH STREET E UNIT 10
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$445,000
2716 2ND AVENUE E
2,158 sqft · $206/sqft · Sold Jun 26, 2026
$340,000
4223 US HIGHWAY 19
2,199 sqft · $155/sqft · Sold Jun 27, 2025
$675,000
1608 28TH STREET COURT E
3,030 sqft · $223/sqft · Sold Sep 9, 2025
Your team
The pros in your corner
Your agent
Wendell Tomimbang
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 515 77TH STREET E UNIT 10 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 515 77TH STREET E UNIT 10.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Wendell's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of WAGNER REALTY · Ryan Hoffman. MLS #A4702298.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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