337 8TH AVENUE W, Palmetto, FL, 34221 | $1,300,000

The J C COURTNEY HOUSE. 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.

Features

  • Rooms: 4
  • Bedrooms: 6
  • Baths: 2 full
  • Laundry: Other
  • Style: Florida, Traditional
  • Year Built: 1923
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,060
  • Acreage: 0.76
  • Est. Taxes: $14,983
  • Lot Desc: Cleared, Corner Lot, Historic District, City Lot, Sidewalk
  • View: City
  • Appliances: Other
  • MLS#: A4689794
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /eprop/A4689794/3378thavenuew_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/26/2026 12:33:55 PM)
Listing courtesy of MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC   Phone: 941-737-1500

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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337 8TH AVENUE W, Palmetto, FL, 34221

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.361% 6.223%
Monthly Tax Payment $1,249 $1,249 $1,249
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,235 $6,403 $8,776
Total Monthly Payment $7,609 $7,777 $10,150

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.