47 ILLINOIS STREET, PALMETTO, FL, 34221
Active158 days on marketListed Feb 27, 2026MLS #A4681945
About this home
47 ILLINOIS STREET
Welcome to lovely Jet Park! Jet Park is a great low key, active 55+ community located in a great central location of Palmetto. Close to shopping, restaurants, groceries and many major thoroughfares. Low monthly fees of only $195 a month. Bring your RV, trailer, 5th wheel to Florida whenever you want! Sites will also accommodate a mobile home or park model. Jet Park has a boat ramp for the residents which gives you direct access to the Gulf of America. There is also a picnic area with fire pit, kayak launch, shuffleboard, pool, full clubhouse with kitchen. This corner lot offers upgraded pavers for a beautiful patio area. Lots can fit motorhomes or you may put a mobile home on it.
Facts & features
The home at a glance
0.03 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 and the real association fee — not generic estimates.
$690 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$690/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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 Palmetto
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
The numbers that matter
The Palmetto market
$359K → $360K
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 89% below the Palmetto median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 47 ILLINOIS STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$40,000
164 NEW YORK STREET · same community
1 bd · 1 ba · 380 sqft · $105/sqft · 107 DOM
Sold · Nov ’25$92,000
192 JET DRIVE · same community
1 bd · 1 ba · 420 sqft · $219/sqft · 128 DOM
Sold · Dec ’25$35,000
16 ILLINOIS STREET · same community
1 bd · 1 ba · 432 sqft · $81/sqft · 240 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 47 ILLINOIS STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 47 ILLINOIS STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
47 ILLINOIS STREET FAQs
What would the monthly payment be for 47 ILLINOIS STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $690/mo — principal and interest, the actual property-tax bill, the $195/mo association fee 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.
How much are the HOA fees at 47 ILLINOIS STREET?+
The association fee works out to $195 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 47 ILLINOIS STREET?+
The most recent tax bill on record (2024) was $601. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 47 ILLINOIS STREET?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palmetto?+
At $45,000, this home is listed about 89% below the Palmetto median of $395,999. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the Palmetto market on paper
$45,000 is 89% below the Palmetto median of $395,999.
02Time on market is leverage
158 days on market against a Palmetto median of 56 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $50,000, now $45,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MARKEY REALTY & ASSOCIATES INC · Polly Jones. MLS #A4681945.
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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