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Off market
    • $538,500

    5011 Commonwealth Rd, Palmetto, FL 34221

    2beds
    1,202sqft
    Single Family Residence
    Built in 1963
    8,999 Square Feet Lot
    $538,500 Zestimate®
    $448/sqft
    $2,229 Estimated rent

    Home value

    $538,500

    $495,000 - $587,000

    $2,229/mo

    Zestimate® history
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    What's special

    Bay Colony Canal front home! This home has 2 bedrooms, 2 bathrooms and No Homeowners Association Deed Restrictions. The home boasts a new seawall and dock in 2017 and a new roof in 2018. The home features an updated kitchen with cherry cabinets, granite, and stainless steel appliances. The home has upgraded wiring and the Florida room has a built-in desk and cabinets. The canal is deep and has several Sailboats on it due to no bridges to the Intercoastal waterways. Enjoy the waterfront views of Terra Ceia Island and Bay! The location is convenient to I-275 and I-75 for an easy commute to St. Petersburg/Tampa or Bradenton/Sarasota. It's also near the Ellenton Outlet Mall, restaurants, shopping and a short drive to our beautiful Gulf beaches. Don't wait, call today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    • Laundry: In Garage
    Features
    • Ceiling Fans(s)
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,202 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    • Body of water: TERRA CEIA BAY
    Lot
    • Size: 8,999 Square Feet
    • Features: In County, Street Paved, FloodZone, Street Dead-End, Flood Insurance Required
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2223400009
    • Zoning: RSF4.5/C

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional, Florida
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Roof: Other
    Condition
    • Completed
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Cable Available, Public, Water Connected

    Community & HOA

    Community
    • Subdivision: PALMETTO SKYWAY REP
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $525,098
    • Annual tax amount: $7,516
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/29/2021Sold$470,000-3.7%$391/sqft
    Source: Public Record Report a problem
    3/17/2021Pending sale$488,000$406/sqft
    Source: Stellar MLS #A4486878 Report a problem
    1/29/2021Listed for sale$488,000$406/sqft
    Source: Stellar MLS #A4486878 Report a problem
    1/25/2021Pending sale$488,000$406/sqft
    Source: Stellar MLS #A4486878 Report a problem
    12/23/2020Listed for sale$488,000+236.6%$406/sqft
    Source: TIM LESTER INTERNAT'L REALTY #A4486878 Report a problem
    11/11/2020Listing removed$2,200$2/sqft
    Source: Owner Report a problem
    10/11/2020Listed for rent$2,200+22.2%$2/sqft
    Source: Owner Report a problem
    6/9/2019Listing removed$1,800$1/sqft
    Source: Owner Report a problem
    3/25/2019Price change$1,800-5.3%$1/sqft
    Source: Owner Report a problem
    1/14/2019Price change$1,900+5.6%$2/sqft
    Source: Owner Report a problem
    1/13/2019Listed for rent$1,800$1/sqft
    Source: Owner Report a problem
    2/20/2018Listing removed$1,800$1/sqft
    Source: Owner Report a problem
    2/11/2018Listed for rent$1,800$1/sqft
    Source: Owner Report a problem
    7/21/2014Sold$145,000-14.5%$121/sqft
    Source: Public Record Report a problem
    5/22/2014Pending sale$169,500$141/sqft
    Source: Florida Southern Living Realty #M5845150 Report a problem
    4/1/2014Listed for sale$169,500+35.6%$141/sqft
    Source: Florida Southern Living Realty #M5845150 Report a problem
    10/11/2013Sold$125,000-40.5%$104/sqft
    Source: Public Record Report a problem
    5/25/2013Price change$210,000-6.7%$175/sqft
    Source: Coldwell Banker Residential Real Estate - Lakewood Ranch #M5836644 Report a problem
    4/8/2013Listed for sale$225,000$187/sqft
    Source: Coldwell Banker Residential Real Estate - Lakewood Ranch #M5836644 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,516 +3%$525,098 +0.3%
    2024$7,298 +8%$523,703 +10%
    2023$6,755 +4.5%$476,094 +5.4%
    2022$6,462 +65.2%$451,697 +76.6%
    2021$3,911 +9.9%$255,748 +10%
    2020$3,560 +5.5%$232,498 +9.1%
    2019$3,374 $213,027 -4.6%
    2018$3,374 +3.1%$223,215 +14.8%
    2017$3,272 +36.7%$194,430 +9.8%
    2016$2,394 $177,139 +21.7%
    2015$2,394 $145,500 -22.5%
    2014$2,394 +45.2%$187,843 +37.1%
    2013$1,648 +164724%$137,051 +1.7%
    2012$1 $134,760 +3%
    2011$1 $130,835 +1.5%
    2010-- $128,901 +2.7%
    2009$1,468 -6%$125,512 +0.1%
    2008$1,561 +5.7%$125,387 +3%
    2007$1,476 -4.5%$121,735 +2.5%
    2006$1,547 +0.6%$118,766 +3%
    2005$1,538 +2.4%$115,307 +3%
    2004$1,502 +0.7%$111,949 +1.9%
    2003$1,492 +2%$109,862 +2.4%
    2002$1,462 +3.6%$107,287 +1.6%
    2001$1,412 +1.9%$105,597 +3%
    2000$1,386 $102,521
    Find assessor info on the county website

    Neighborhood: 34221

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    Estimated market value
    $538,500
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    Estimated market value
    $538,500

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