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3940 5th Ave

Palmetto, FL 34221

2 bd 2 ba 1,591 sqft Built 1982 Lot 8,059 sqft single_family
Most recent sale
$325,000
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2022 Sold $325,000 MLS #U8147213
Aug 5, 2019 Sold $187,500 MLS #A4438113
Nov 8, 2016 Sold $119,900 MLS #A4161210
Aug 22, 2016 Relisted $119,900 MLS #A4161210
Aug 14, 2016 Listing removed $119,900 StellarMLS
Aug 4, 2016 Listed $119,900 MLS #A4161210
May 25, 2011 Sold $50,000 MLS #A3941513
Mar 29, 2011 Listed $47,900 MLS #A3941513
Sep 1, 1983 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,758 $59,925 $290,683 $3,740
2024 $230,758 $59,925 $290,683 $3,986
2023 $261,281 $59,925 $321,206 $4,107
2022 $228,273 $42,000 $270,273 $3,952
2020 $128,964 $45,000 $173,964 $2,162
2019 $107,841 $1,210
2018 $105,830 $1,189
2017 $73,653 $30,000 $103,653 $1,092
2016 $59,402 $589
2015 $55,228 $564
2014 $54,790 $558
2013 $53,980 $556
2012 $53,078 $547
2011 $64,005 $640
2010 $66,064 $640
2009 $64,327 $624
2008 $64,263 $609

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,591 sqft
Lot size
8,059 sqft
ZIP code
34221
City
Palmetto
Street
5th Ave
Coordinates
27.54969, -82.56889

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,943
Gross rental yield
10.87%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 3940 5th Ave last sell?
3940 5th Ave most recently sold on Mar 1, 2022 for $325,000.
What is the current tax assessment for 3940 5th Ave?
The most recent total assessment for 3940 5th Ave (year 2025) is $290,683 with $3,740 in property tax.
How does 3940 5th Ave's assessment compare to its last sale price?
The current assessment is 10.6% below the last sale price of $325,000.
When was 3940 5th Ave built?
3940 5th Ave was built in 1982.
How does 3940 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 3940 5th Ave?
3940 5th Ave is a 2 bed, 2 bath, 1,591 sqft, 8,059 sqft lot single_family.
Is 3940 5th Ave a flip candidate?
No — 3940 5th Ave does not appear in our flips dataset.
Is 3940 5th Ave a tax-appeal candidate?
No — 3940 5th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$447.8K
2026 Q4
$442.6K
ZIP 34221 — Median Price History + Forecast

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