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Off market
  • $702,400

    5204 Commonwealth Rd, Palmetto, FL 34221

    3beds
    1,656sqft
    Single Family Residence
    Built in 1963
    9,147 Square Feet Lot
    $702,400 Zestimate®
    $424/sqft
    $2,343 Estimated rent

    Home value

    $702,400

    $646,000 - $766,000

    $2,343/mo

    Zestimate® history
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    What's special

    ABSOLUTELY STUNNING WATERFRONT HOME IN BAY COLONY!!! Be prepared to be "wowed" when you look at this 3 bedroom, 2 bathroom, 2 car garage home located on the Grand Canal with wide water views. This home has been completely redone and is almost like purchasing a new waterfront home for a fraction of the price! Literally just about everything has been updated for even the most discerning buyers. The current owners spared no expense improving this property over the last few years and the list of upgrades is long...New PGT impact windows throughout, new hurricane rated garage door, new 400 sqft addition including master bedroom and bathroom, new plumbing, new electric, new A/C, new water heater, new wood plank tile throughout house, completely remodeled kitchen, new whole house water purification system with reverse osmosis, new exterior and interior paint, new light fixtures, and new custom made Hunter Douglas blinds. The list goes on and on but you simply wont find another home that has been this cared for by owners! The open floor plan makes for easy living with the views focused out the back on the water. The kitchen is the focal point of the living space with gorgeous cabinetry, butcher block counters and island, and new appliances including GE convection cooktop, GE Profile Refrigerator and Bosch dishwasher. The real magic of this property happens when you open the back door though! Literally one of the coolest backyard set ups you will ever see...a 40x18 tiki hut with built in bar and grill featuring tons of seating, paver bricks, and backyard firepit! You have to see it to truly appreciate. Owners have also recently updated seawall cap and have installed zero-scape native landscaping to the entire property. The dock was also just redone featuring trex decking and a 7,500 lb boat lift w/ remote and full boat canopy. Very hard to find deep sailboat water with no bridges to the bay or gulf. Easy access to Terra Ceia bay, Tampa Bay and the Gulf of Mexico. When they talk about living the "Florida Dream" I'm pretty positive this house is exactly what they had in mind!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s), Master Bedroom Downstairs, Open Floorplan, Walk-In Closet(s), Skylight(s)
    • Flooring: Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,656 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Exterior features: Other, Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    Lot
    • Size: 9,147 sqft
    • Features: In County
    Details
    • Parcel number: 2221600006
    • Zoning: RSF4.5/CH

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public, Cable Connected, Sprinkler Meter

    Community & neighborhood

    Location
    • Region: Palmetto
    • Subdivision: PALMETTO SKYWAY REP

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly

    Other

    Other facts
    • Additional Parcels YN: 0
    • Additional Rooms: Great Room, Florida Room
    • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Water Purifier, Water Filtration System
    • Association Approval Required YN: 0
    • Association Fee Frequency: Annually
    • Attached Garage YN: 1
    • Available For Lease YN: 1
    • Construction Materials: Block, Stucco
    • Cooling: Central Air
    • Country: US
    • Building Area Source: Public Records
    • DPRYN: 1
    • Exist Lse Tenant YN: 0
    • Fireplace YN: 0
    • Flooring: Ceramic Tile
    • Foundation Details: Slab
    • Garage YN: 1
    • Heating: Central
    • Homestead YN: 1
    • Interior Features: Ceiling Fans(s), Master Bedroom Downstairs, Open Floorplan, Walk-In Closet(s), Skylight(s)
    • Lease Restrictions YN: 0
    • Listing Service: Full Service
    • Listing Terms: Cash, Conventional, FHA
    • Lot Features: In County
    • Major Change Type: Pending
    • Minimum Lease: No Minimum
    • Mls Status: Pending
    • New Construction YN: 0
    • Ownership: Fee Simple
    • Parking Features: Garage Door Opener
    • Pets Allowed: Yes
    • Pool Private YN: 0
    • Utilities: Electricity Connected, Public, Cable Connected, Sprinkler Meter
    • Previous Status: Active
    • Property Sub Type: Single Family Residence
    • Property Type: Residential
    • Roof: Shingle
    • Sewer: Public Sewer
    • Syndicate To: Homes.com, HomeSnap, Realtor.com, Zillow/Trulia, International MLS
    • Water Source: Public
    • Window Features: Blinds
    • Exterior Features: Rain Gutters, Storage, Outdoor Grill
    • Levels: One
    • Architectural Style: Ranch
    • View: Water
    • Water View YN: 1
    • List Agent AOR: Sarasota - Manatee
    • List AOR: Sarasota - Manatee
    • Water Access: Gulf/Ocean, Bay/Harbor, Canal - Saltwater
    • Water Access YN: 1
    • Water Extras: Seawall - Concrete, Dock - Slip Deeded On-Site, Lift, Bridges - No Fixed Bridges, Dock w/Electric, Sailboat Water
    • Water Extras YN: 1
    • Waterfront YN: 1
    • Flood Zone Code: AE
    • County Or Parish: Manatee
    • Direction Faces: West
    • Public Survey Section: 35
    • Room Count: 3
    • Public Survey Range: 17
    • Association Fee Requirement: Optional
    • Waterfront Features: Canal - Saltwater
    • Water View: Canal
    • MLS Area Major: 34221 - Palmetto/Rubonia
    • Year Built: 1963
    • Living Area: 1656.00
    • Association Fee: 50.00
    • Waterfront Feet Total: 78
    • Garage Dimensions: 20x23
    • Building Area Total: 2197.00
    • Water Frontage Feet Canal Salt: 78
    • Zoning: RSF4.5/CH
    • Subdivision Name: PALMETTO SKYWAY REP
    • Tax Annual Amount: 3075.00
    • Tax Year: 2020
    • Total Acreage: 0 to less than 1/4
    • Additional Lease Restrictions: Check with County for all restrictions
    • Listing terms: Cash, Conventional, FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/19/2021Sold$650,000-7%$393/sqft
    Source: Public Record Report a problem
    1/17/2021Pending sale$699,000$422/sqft
    Source: RE/MAX ALLIANCE GROUP #A4487504 Report a problem
    1/5/2021Listed for sale$699,000+151.4%$422/sqft
    Source: RE/MAX ALLIANCE GROUP #A4487504 Report a problem
    8/7/2015Sold$278,000-7.3%$168/sqft
    Source: Stellar MLS #A4111628 Report a problem
    7/7/2015Pending sale$299,900$181/sqft
    Source: Keller Williams - Sarasota Lakewood Ranch #A4111628 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,954 +0.9%$614,659 +3%
    2023$7,884 -2.3%$596,756 -1.6%
    2022$8,071 +104.8%$606,251 +103.2%

    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $702,400

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    Estimated market value

    $702,400