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Off market
  • $617,500

    5108 Commonwealth Rd, Palmetto, FL 34221

    2beds
    1,519sqft
    SingleFamily
    Built in 1963
    9,147 Square Feet Lot
    $617,500 Zestimate®
    $407/sqft
    $2,518 Estimated rent

    Home value

    $617,500

    $587,000 - $648,000

    $2,518/mo

    Zestimate® history
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    Owner options

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    $2,518/mo

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    $2,518/mo

    Rent Zestimate®

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    $3,834/mo

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    $3,834/mo

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    What's special

    Amazing opportunity to purchase an affordable waterfront home in Bay Colony! This 2 bedroom 2 bathroom home is in great shape and ready for you to move right in! As soon as you walk thru the front door you will notice the expansive views of the wide canal. The layout and positioning of this home takes full advantage of the water views. Terrific floor plan with lots of living space offers the possibility of moving right in or you can easily add on if you require additional space. This home has been updated with a newer roof, newer A/C and fresh paint. Seawall repairs have also recently taken place and landscaping has been trimmed. This property also offers a one car garage and a large backyard with plenty of room for a pool. Bay Colony is located on the shores of Terra Ceia Bay and offer easy access to Tampa Bay, the Gulf of Mexico and the Bradenton Yacht Club. Deepwater that can accommodate large boats and/or sailboats! Better hurry because this one will be gone quick!

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Microwave
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,519 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 9,147 sqft
    Details
    • Parcel number: 2221300003

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1963

    Utilities & green energy

    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Palmetto

    Other

    Other facts
    • Exterior Construction: Block
    • Foundation: Slab
    • Heatingand Fuel: Central
    • Last Change Type: Back On Market
    • Listing Type: Exclusive Right to Sell
    • Location: In County
    • Ownership: Fee Simple
    • Property Type: Residential
    • Roof: Shingle
    • Status: Active
    • Special Listing Type: Not Applicable
    • Utilities: Public Utilities
    • Square Foot Source: Public Records
    • Property Style: Single Family Home
    • Garage Carport: 1 Car Garage
    • Property Description: One Story
    • Interior Layout: Open Floor Plan, Living Room/Dining Room Combo
    • Floor Covering: Terrazzo
    • Architectural Style: Ranch
    • Last Status: Pending
    • Master Bath Features: Shower No Tub
    • Water Access: Bay/Harbor, Canal - Saltwater
    • Office Primary Board ID: Sarasota
    • Water Extras: Sailboat Water, Seawall - Concrete, Bridges - No Fixed Bridges, Davits, No Wake Zone
    • Minimum Lease: No Minimum
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/3/2026Listing removed$650,000$428/sqft
    Source: Stellar MLS #TB8426810 Report a problem
    9/12/2025Listed for sale$650,000-13.3%$428/sqft
    Source: Stellar MLS #TB8426810 Report a problem
    9/1/2025Listing removed$749,900$494/sqft
    Source: Stellar MLS #TB8387051 Report a problem
    5/17/2025Listed for sale$749,900-10.7%$494/sqft
    Source: Stellar MLS #TB8387051 Report a problem
    4/15/2025Listing removed$840,000$553/sqft
    Source: Stellar MLS #TB8324293 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,293 +1.3%$345,878 +3%
    2023$4,239 +1.2%$335,804 +3%
    2022$4,188 -0.3%$326,023 +3%

    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

    GreatSchools rating
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    Estimated market value$617,500
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    Estimated market value
    $617,500