3002 16TH AVENUE E, PALMETTO, FL, 34221
Active10 days on marketListed Oct 2, 2026MLS #A4707886
About this home
3002 16TH AVENUE E
10-ACRE LAND AND DEVELOPMENT OPPORTUNITY IN EAST PALMETTO. This 10.00-acre (435,600 SF) parcel is located along 16th Avenue East/Canal Road and provides approximately 330 feet along the east right-of-way of Canal Road. Current Manatee County GIS identifies the property as A-1 zoning with RES-3 Future Land Use and Flood Zone X. The RES-3 Future Land Use category is intended primarily for low-density suburban residential and support uses. Manatee County's current Comprehensive Plan provides a maximum base gross residential density of 3 dwelling units per acre, subject to applicable zoning, site conditions, environmental constraints, infrastructure, permitting and County approval. For developers evaluating additional density, current County regulations also include an affordable-housing density bonus program under which qualifying RES-3 projects providing at least 25% affordable units may request densities of up to 6 dwelling units per gross acre and 9 dwelling units per net acre, subject to applicable zoning, program requirements and County approval. The surrounding 16th Avenue East/Canal Road corridor is experiencing documented residential development activity. Manatee County records include a 264-unit multifamily attached residential development at 5901 16th Ave E, as well as other residential entitlement activity in the immediate area. The County also has an active Canal Road capital improvement program that includes roadway widening and multimodal improvements along portions of the corridor. Environmental due-diligence documentation is available. A 2023 Florida Department of Environmental Protection wetland delineation work product documents both upland and wetland conditions at evaluated locations on the property. No representation is made regarding total wetland acreage, net developable acreage or ultimate development yield. Whether considered for residential development, long-term land investment or private acreage, this property offers 10 contiguous acres, approximately 330 feet of road frontage and RES-3 Future Land Use in East Palmetto. Property is offered As-Is. Buyer is responsible for independently verifying development potential, allowable density, wetlands and environmental conditions, utility availability and capacity, access, drainage and stormwater requirements, zoning, Future Land Use, flood information and all required governmental approvals.
Facts & features
The home at a glance
10 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,051 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,051/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Where it sits
Inside West Ellenton
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
West Ellenton — neighborhood snapshot
Population
11,596
Median age
42
Median income
$64,584
Median home value
$212,982
Avg household
3
Households w/ children
929
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palmetto market
$359K → $372K
Palmetto median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 73% above the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 3002 16TH AVENUE E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$215,000
1810 17TH STREET E
2 bd · 1 ba · 716 sqft · $300/sqft · 83 DOM
Sold · Sep ’26$160,000
2703 1ST AVENUE E
3 bd · 2 ba · 988 sqft · $162/sqft · 18 DOM
Sold · Apr ’26$285,000
1719 24TH STREET E
3 bd · 2 ba · 1,053 sqft · $271/sqft · 318 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Elizabeth Elliott
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3002 16TH AVENUE E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3002 16TH AVENUE E — before you fall in love.
See it in person
Schedule a tour
Live availability from Elizabeth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3002 16TH AVENUE E FAQs
What would the monthly payment be for 3002 16TH AVENUE E?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,051/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3002 16TH AVENUE E?+
The most recent tax bill on record (2025) was $1,676. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Palmetto?+
At $650,000, this home is listed about 65% above the Palmetto median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3002 16TH AVENUE E?+
James Tillman Elementary Magnet School (elementary), Lincoln Memorial Middle School (middle), Palmetto High School (high) — Manatee County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ON THE WATER · Jose Torres. MLS #A4707886.
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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