After Miami and the Florida Keys, the City of Palmetto is the most sought after filming location in the Sunshine State. The cinematic history of Palmetto dates back to the silent cinema era, and it exploded in the late 1990s with the successful Hollywood films Great Expectations, Palmetto and The Perfect Storm; then came Out of Time starring Denzel Washington in 2003, followed ten years later by Spring Breakers and Wind Walkers.
Filmmakers and home buyers are attracted to Palmetto for similar reasons: This is a pleasant and friendly city that has scenic neighborhoods that get year-round sunshine. In the past few years, Palmetto has been attracting savvy first-time home buyers and real estate investors who realize the sheer potential of this small housing market.
The three most attractive aspects of Palmetto as a housing market are: location, affordability and future growth. It helps to remember that this city was once the most active in terms of commerce, business and industry, and it is gradually looking to recapture that title. Palmetto overlooks the north banks of the Manatee River and Terra Ceia Bay, which means that waterfront properties are still available in this city. With Downtown Bradenton located just across the Manatee River and accessible via two scenic causeways, many residents choose the quiet neighborhoods of Palmetto for their affordability and diversity of real estate. In the last few years, the City of Palmetto has been collaborating with county officials to revitalize business, which has resulted in new companies moving to the area.
Palmetto boasts quite a bit of Old Florida history, and this makes it attractive for house hunters looking for historic real estate opportunities. Lot sizes tend to be more spacious and more affordable here than in other sections of Manatee County. Florida ranch-style homes with three bedrooms and two bathrooms can still be found under $200K, and the same goes for newer Mediterranean-style houses built within planned communities. Palmetto also offers high and low-rise condominiums with views of Terra Ceia Bay and the Manatee River.
History buffs, lovers of the outdoors and boating enthusiasts will certainly enjoy life in Palmetto. Boaters can store their vessels at the popular Regatta Point Marina, hikers can enjoy exploration of Terra Ceia Preserve, Egmont Kery and Fort DeSoto Park, and the whole family can learn about the early days of the Sunshine State at Palmetto Historical Park and the Madira Bickel Mount State Archaeological Site. Golfers have two public courses and two nearby country clubs to choose from.
Needless to say, Palmetto is a great city for families. Young students can attend public schools without having to go across the river to Bradenton, and there are a couple of respected private academies located within city limits.
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(all data current as of 2/27/2021)
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