Palmetto is a small city in Manatee County made famous by the 1998 neo-noir film of the same name. Located across the Manatee River from Bradenton and in between Ellenton and Snead Island, Palmetto is often overlooked as a prime real estate market that deserves a closer look. In the past, Palmetto was dismissed as a city living in the shadow of Bradenton; in the 21st century, however, Palmetto has become a burgeoning place to discover in Florida.
Floridians reviewing the history of the Sunshine State are often surprised to learn that Palmetto was once a busier port than Bradenton. In fact, cargo ships used to dock here before goods were sent by land to other points in Florida. This legacy has been preserved by more than 200 historic buildings in the Palmetto Historic District, and many of these buildings are Spanish Colonial, bungalow and craftsman-style homes periodically listed for sale.
Aside from historic homes, Palmetto also offers real estate opportunities such as very affordable Florida ranch-style homes, elegant gated communities, spacious waterfront estates, and modern condominiums. Along with neighboring Ellenton, Palmetto offers some of the most affordable real estate in Southwest Florida; this means that home shoppers can easily find elegant, three-bedroom Mediterranean-style homes for less than $250K, and they will very likely enjoy greater interior and lot space than elsewhere in Manatee County.
In recent years, Palmetto has undergone a major period of expansion. Affordability of commercial real estate has motivated business owners to move their operations here, and the municipal government has responded with grants and tax breaks. This development has led to higher levels of employment within a city that has traditionally seen residents commute to nearby Bradenton and Saint Petersburg for work.
In terms of education, health care, business, and entertainment, residents of Palmetto do not have to travel far. The city has two major nature preserves on its eastern and western boundaries. There are plenty of fishing and boating opportunities, particularly for those looking for waterfront homes. Life in Palmetto tends to be quieter and more pleasant than across the Manatee River or on the other end of the Skyway Bridge, and this is something that locals truly appreciate.
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