5011 Commonwealth Rd, Palmetto, FL 34221

Off Market Apr 2021 for $470K

$595,845

Est. refi paymentEst. refi $3,128/mo

•

1,202

sq ft

5011 Commonwealth Rd, Palmetto, FL 34221

About this home

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!

Single-familyProperty Type

1963Year Built

8,999 sq ftLot Size

$496Est. Price/Sq.Ft.

1 car garageParking

Listed by Tim Lester • TIM LESTER INTERNAT'L REALTY

Bought with Lloyd Hart • ORLANDO BUY A VILLA INC.

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #A4486878

Redfin Estimate

$595,845

$126K since sold in April 2021$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 43.3% higher than the average sale price ($416K) of 6 comparable homes.

SOLD AUG 20, 2026
$310,000
A
2 beds2 baths1,134 sq ft
4321 3rd Ave W, Palmetto, FL 34221
SOLD AUG 19, 2026
$365,000
B
3 beds2 baths1,284 sq ft
311 44th Street Ct W, Palmetto, FL 34221
SOLD APR 13, 2026
$345,000
C
2 beds2 baths1,129 sq ft
516 45th Street Ct W, Palmetto, FL 34221
SOLD JUN 1, 2026
$315,000
D
3 beds2 baths1,337 sq ft
4607 5th Ave W, Palmetto, FL 34221
SOLD JUN 15, 2026
$580,000
E
2 beds2 baths1,855 sq ft
4908 Commonwealth Rd, Palmetto, FL 34221
SOLD FEB 26, 2026
$580,000
F
2 beds2 baths1,519 sq ft
4908 Arlington Rd, Palmetto, FL 34221

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Earn from this home

Sell

$222,559

Est. take-home

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Refinance

Est. cash available

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Rent

$2,009/mo

Redfin rental estimate

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Market trends in 34221, FL

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.9%

0.3% MoM

Median sale price

$385K

$275 MoM

Avg. days on market

56d

4 days MoM

Recently sold homes

323

5 MoM

New listings for sale

NEW 11 HRS AGO
$205,000
2 beds2 baths1,410 sq ft
8534 Imperial Cir, Palmetto, FL 34221
NEW 15 HRS AGO
$339,000
3 beds2 baths1,647 sq ft
7905 Charing Cross Way, Palmetto, FL 34221
NEW 1 DAY AGO
$319,900
2 beds2 baths1,543 sq ft
501 Haben Blvd #903, Palmetto, FL 34221
NEW 1 DAY AGO
$525,000
3 beds2.5 baths2,504 sq ft
8623 Amen Corner Pl, Palmetto, FL 34221
3D WALKTHROUGH
$275,000
3 beds2 baths1,068 sq ft
3244 6th Ave W, Palmetto, FL 34221
OPEN SUN, 1PM TO 4PM
$369,000
3 beds2 baths1,671 sq ft
7123 48th Ave E, Palmetto, FL 34221
$409,000
5 beds3.5 baths2,530 sq ft
11252 Fieldstone Dr, Palmetto, FL 34221
$374,900
3 beds2 baths1,299 sq ft
5815 33rd Dr E, Palmetto, FL 34221
$499,000
4 beds2 baths2,034 sq ft
3916 Mossy Limb Ct, Palmetto, FL 34221
$470,000
4 beds3.5 baths2,636 sq ft
10542 Piedra Dr, Palmetto, FL 34221
See all

Provided by Redfin

Sale history for 5011 Commonwealth Rd

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #A4486878

Apr 26, 2021

Sold

$470,000

$391/sq ft

Mar 23, 2021

Pending

—

Mar 17, 2021

Pending

—

Jan 29, 2021

Relisted

—

Jan 25, 2021

Pending

—

Dec 23, 2020

Listed

$488,000

$406/sq ft

Public Records

Jul 21, 2014

Sold

$145,000

$121/sq ft

Stellar MLS as Distributed by MLS Grid #M5845150

Jul 7, 2014

Listing Removed

—

Jun 14, 2014

Pending

—

Jun 10, 2014

Listing Removed

—

May 5, 2014

Pending

—

Mar 31, 2014

Listed

Stellar MLS as Distributed by MLS Grid #M5836644

Oct 4, 2013

Sold

$125,000

$104/sq ft

Apr 3, 2013

Listed

$210,000

$175/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,516 (+3.0%)

$267,750 + $257,348

$525,098

2024

$7,298 (+8.0%)

$267,750 + $257,348

$525,098

2023

$6,755 (+4.5%)

$229,500 + $246,594

$476,094

2022

$6,462 (+72.1%)

$225,000 + $226,697

$451,697

2021

$3,755 (+5.5%)

2020

$3,560 (+5.5%)

2019

$3,374 (+3.1%)

$150,000 + $82,498

$232,498

2018

$3,272 (+17.8%)

2017

$2,778 (+7.0%)

$135,000 + $59,430

$194,430

2016

$2,596 (+12.3%)

$135,000 + $59,430

$194,430

2015

$2,311 (−3.5%)

$120,500 + $25,000

$145,500

2014

$2,394 (+45.2%)

2013

$1,648 (+2.2%)

2012

$1,613

Tax history for 5011 Commonwealth Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,516 (+3.0%)

$267,750 + $257,348

$525,098

2024

$7,298 (+8.0%)

$267,750 + $257,348

$525,098

2023

$6,755 (+4.5%)

$229,500 + $246,594

$476,094

2022

$6,462 (+72.1%)

$225,000 + $226,697

$451,697

2021

$3,755 (+5.5%)

2020

$3,560 (+5.5%)

2019

$3,374 (+3.1%)

$150,000 + $82,498

$232,498

2018

$3,272 (+17.8%)

2017

$2,778 (+7.0%)

$135,000 + $59,430

$194,430

2016

$2,596 (+12.3%)

$135,000 + $59,430

$194,430

2015

$2,311 (−3.5%)

$120,500 + $25,000

$145,500

2014

$2,394 (+45.2%)

2013

$1,648 (+2.2%)

2012

$1,613

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

75 ft.

Lot depth

120 ft.

Lot size

8,999 Sq. Ft.

Year renovated

1999

Sq. Ft.

1,202

Year built

1963

Style

Single Family Residential

County

Manatee County

APN

2223400009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

RSF-4.5

Residential Single Family Districts

The purpose of these districts is to provide for residences in a suburban environment at low to medium densities, to accommodate residential support uses (as defined in; Abandonment shall mean the visible or otherwise apparent intention of an owner to discontinue a structure, use of a structure, or lot; or the removal of the characteristic equipment or furnishings used in the performance of the use without its replacement by similar equipment or furnishings, or the replacement of a nonconforming use or structure by a conforming use or structure; for 6 consecutive months.; and other limited non-residential uses, and to protect these areas from the encroachment of incompatible uses.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Senior
Infrastructure
Office
Educational/school
Fire house
Police station
Post office
Recreation

Jun 14, 2021 • Active

Residential

Replace interior light fixtures with LED fixtures and replace existing windows and doors. Install a new deck and replace an existing air conditioning unit.

Electrical

HVAC

Remodel

Roofing

May 3, 2021 • Final

Residential

Renovate the interior by installing shiplap walls, replacing kitchen components, a washer box, bathroom fixtures, tile, windows, doors, and flooring. Replace the air conditioning unit and install a new exterior deck with landscaping. Paint the exterior of the house and place a dumpster on the driveway.

Bathroom

Electrical

HVAC

Kitchen

Plumbing

Remodel

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage Dimensions: 15x21
Parking Features: Bath In Garage, Driveway
Garage Spaces: 1
Has Attached Garage
Has Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 2

Laundry Room Information
Laundry Features: In Garage

Other Rooms Information
Additional Rooms: Florida Room
# of Rooms: 6

Heating & Cooling
Heating Information: Central
Cooling Information: Central Air

Interior Features
Interior Features: Ceiling Fans(s)
Window Features: Blinds
Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
Flooring: Terrazzo

Exterior

Building Information
Construction Materials: Block, Stucco
Roof: Shingle

Exterior Features
Patio And Porch Features: None
Exterior Features: Other

Property Features
Universal Property Id: US-12081-N-2223400009-R-N

Waterfront Information
On Waterfront
Waterfront Features: Canal - Saltwater
Water Body Name: TERRA CEIA BAY
Waterfront Feet Total: 75
Water Frontage Feet Canal Salt: 75
Water View Y/N: 1
Water View Description: Canal
Water Access Y/N: 1
Water Access Description: Bay/Harbor,Canal - Saltwater
Water Extras Y/N: 1
Water Extras Description: Dock - Open,Seawall - Concrete

Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Completed
Zoning: RSF4.5/C

Land Information
Vegetation: Mature Landscaping
Total Acreage: 0 to less than 1/4

Lot Information
Lot Features: Flood Insurance Required, FloodZone, In County, Street Dead-End, Paved
Lot Size Acres: 0.21
Road Surface Type: Paved
Lot Size Square Meters: 836

Building Information
MFR_BuildingAreaTotalSrchSqM: 138.52

Financial

Tax Information
Tax Annual Amount: $3,559.58
Tax Year: 2020

Lease / Rent Details
Lease Restrictions YN: 0

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Location

Multi-Unit Information
Unit Number YN: 0
Furnished: Unfurnished

HOA Information
Association Approval Required Y/N: 0

Location Information
Directions: US-41 N/1st St E/S Tamiami Trail, Use the left lane to turn slightly left onto US-19 N, Turn left onto 50th St W/Elena Rd, Slight left onto 8th Ave Blvd W/Palmetto Point Dr, Turn right onto 8th Ave W/Commonwealth Rd, Home will be on the left.

Community Information
Community Features: Boat Ramp, Fishing, Golf Carts OK, Water Access, Waterfront
Pets Allowed: Yes

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,202
Stories: 1.0
Lot Size: 8,999 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1999
County: Manatee County
APN: 2223400009

Home facts updated by county records on Jul 15, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Previous Status: Pending
Backups Requested YN: 0

Listing Date Information
Days to Contract: 84
Status Contractual Search Date: 2021-04-26

Listing Price Information
Calculated List Price By Calculated Sq Ft: 405.99

Green Information
Green Verification Count: 0
Direction Faces: East

Home Information
Living Area: 1202
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 111.67
Building Area Total: 1491
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Levels: One

Around this home

Schools

Palm View Elementary School

Public PreK-8 • Assigned • 1.1mi

4/10

Palmetto High School

Public 8-12 • Assigned • 2.0mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 107° expected this year, 29 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Palmetto, FL • 34221

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.3 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$567,000 – $686,000

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New listings for sale in 34221

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NEW 15 HRS AGO

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3 beds2 baths1,647 sq ft

7905 Charing Cross Way, Palmetto, FL 34221

NEW 1 DAY AGO3D WALKTHROUGH

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501 Haben Blvd #903, Palmetto, FL 34221

NEW 1 DAY AGO3D WALKTHROUGH

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3 beds2.5 baths2,504 sq ft

8623 Amen Corner Pl, Palmetto, FL 34221

3D WALKTHROUGH

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7123 48th Ave E, Palmetto, FL 34221

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11252 Fieldstone Dr, Palmetto, FL 34221

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Home values near 5011 Commonwealth Rd

Data from public records.

Address	Redfin Estimate
5008 Commonwealth Rd, Palmetto, FL 3 Beds \| 2 Baths \| 1550 Sq. Ft.	$649,799
5012 Commonwealth Rd, Palmetto, FL 3 Beds \| 2 Baths \| 1759 Sq. Ft.	$589,588

Address	Redfin Estimate
5004 Commonwealth Rd, Palmetto, FL 2 Beds \| 1 Baths \| 1307 Sq. Ft.	$644,602
5108 Commonwealth Rd, Palmetto, FL 2 Beds \| 2 Baths \| 1519 Sq. Ft.	—

Address	Redfin Estimate
5104 Commonwealth Rd, Palmetto, FL 3 Beds \| 2 Baths \| 1556 Sq. Ft.	$573,113
5116 Commonwealth Rd, Palmetto, FL 3 Beds \| 3 Baths \| 2128 Sq. Ft.	$830,943

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 34221, FL

Sale history for 5011 Commonwealth Rd

Tax history for 5011 Commonwealth Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 34221

Home values near 5011 Commonwealth Rd

More real estate resources