16 days on rocket

5108 Commonwealth Rd, Palmetto, FL, 34221

$879,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,519 SqFt
$579/SqFt
House

Location

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5108 Commonwealth Rd, Palmetto$879,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage1 space
Year Built1963
HeatingCentral
CoolingCentral Air
MLS #TB8324293
Lot Size0.21 Acres
StatusActive

About 5108 Commonwealth Rd

Experience the ultimate coastal lifestyle in Palmetto at this move-in ready stunner! Nestled inside Terra Ceia Bay, this home offers deepwater access, the perfect for boating enthusiasts and water lovers. With a brand new kitchen that includes, gas stove/oven, farm sink, quartz countertops and gorgeous shaker cabinets. The combination of style and practicality enhances the overall functionality of this space. The back of the home features a spacious patio, perfect for outdoor entertaining or relaxing under the shade of beautiful palm trees. A sidewalk that leads you down to your private boat slip, offering direct access to the water. With I-275 and I-75 within a short five minute drive; you can participate in all that St. Petersburg, Tampa and the Sarasota areas have to provide. This home is more than a residence---it's your chance to embrace the vibrant coastal lifestyle that makes Palmetto a hidden treasure. Schedule your private your today and discover the perfect blend of tranquility and adventure.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 1
  • Living Area: 1,519 SqFt

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Kristi Roberts

Interior Features

Interior Information:

  • Appliances: Refrigerator, Washer
  • Flooring Type: Luxury Vinyl
  • Interior: Ninguno

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Lighting, Private Mailbox

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 5108 Commonwealth Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-275 Take exit 5 onto US 19 South towards Palmetto/Brandenton, turn right onto 50th St. West. Follow until 5108 Commonwealth. From I-75 take to 301 north.

Price Information

Listing Price Info

Price Summary:

  • List Price: $879,000
  • Price Per SqFt: $579/SqFt

Tax Information:

  • Annual Amount: $3,950
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$388.9K

Med. Price/SqFt

$217

Avg. Days On Market

54

# of Sold Homes

86

5108 Commonwealth Rd vs Palmetto

16 DAYS ON ROCKET

-38 Days

$879,000

+$490K More

$579/SqFt

+$362 More

KEY TAKEAWAY

This property is $490K more than the Median Sold Price and $362/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8324293

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Kristi Roberts

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 09, 2017Home Sold
$317,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,950$297,423
2018$3,799$278,798
2017$3,800$256,969

History based on county public records data.

Payment Calculator

$4,455

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,702

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4385712
7
/10

  • James Tillman Elementary School

  • 1415 29th St E

  • 1.97 miles

  • Public Magnet Grades PK-5

school-card-donut-4385713
5
/10

  • Palmetto Elementary School

  • 1540 10th St W

  • 2.72 miles

  • Public District Grades PK-5

school-card-donut-4385714
5
/10

  • Blackburn Elementary School

  • 3904 17th St E

  • 3.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,071. Most Palmetto, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5108 Commonwealth Rd

What is the listing price of this property?

The listing price of 5108 Commonwealth Rd property is $879,000.

What type of property is this?

The property 5108 Commonwealth Rd is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 5108 Commonwealth Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,950 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 9, 2017 for $317,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5108 Commonwealth Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5108 Commonwealth Rd is 1,519 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5108 Commonwealth Rd is 1963.

Rocket Homes›Florida›Manatee County›Palmetto›34221›5108 Commonwealth Rd

This home is located at 5108 Commonwealth Rd in Palmetto, FL and zip code 34221. This 1,519 square foot home, which was built in 1963, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 01, 2024 and is currently priced at $879,000.

In November 2024 more than 6 listings in Palmetto, FL were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 48 were sold below. The inventory of homes for sale in Palmetto, FL between October 2024 and November 2024 increased by 2.4%. The median list price of listings available in November 2024 was $388,942, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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