Sold
Last Sold Price
3 beds2,220 sqft$187/sqft
5315 Commonwealth Rd, Palmetto, FL 34221
Single FamilyProperty Type
0.31 acresLot Size
2003Year Built
$187/sq ftPrice per sq ft
$50/yrHOA Fees
2 carsParking Spaces

Description

Short sale, Approved list price with Bank of America. Fabulous Key West style home on pristine Terra Ceia Bay. Some features of this lovely home are granite counters & top of the line appliances. Walk up to the observation deck for panoramic views Terra Ceia bay clear out to The Skyway Bridge & Anna Maria Island. Located On A Cul-de-sac with brick pavers ad plenty of privacy. A Gem On The Water! All wndows have plantation shutters and views of the water. Nice dock with two boat slips and one lift....Short sale, Approved list price with Bank of America. Fabulous Key West style home on pristine Terra Ceia Bay. Some features of this lovely home are granite counters & top of the line appliances. Walk up to the observation deck for panoramic views Terra Ceia bay clear out to The Skyway Bridge & Anna Maria Island. Located On A Cul-de-sac with brick pavers ad plenty of privacy. A Gem On The Water! All wndows have plantation shutters and views of the water. Nice dock with two boat slips and one lift. Nice large heated pool surrounded by brick pavers and plenty of patio area for entertaining. This home is elevated so there's plenty of room downstairs for the toys. Don't worry about stairs, use the private elevator. The hot tub does not convey.
  • Listed by: TIMOTHY LESTER 941.524.8465 timlestersells@hotmail.com • TIM LESTER INTERNAT'L REALTY
Listing closed: 08/29/2012 12:00 AM • Source: MFRMLS, MLS#: M5829149

Recent comparable sales

Median sold price

$387,959

Avg days on market

64

Sale-to-list ratio

96.3%

Palmetto, FL

9 comparable properties found

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Location

Listing Courtesy of TIM LESTER INTERNAT'L REALTY, TIMOTHY LESTER

Sold By TIM LESTER INTERNAT'L REALTY, TIMOTHY LESTER

Add your commute

Payment Calculator

$2,686 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,109

Property Taxes

$572

HOA Dues

$4

The Payment Calculator is for illustrative purposes only.

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Property Information for 5315 Commonwealth Road

Property Details
  • Taxes: $6,864 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Key West
  • Subdivision Name: PALMETTO SKYWAY
  • Township: 33
  • Garage Spaces: 2
  • View: Pool, Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay
Building Information
  • Year Built: 2003
  • Lot Size: 0.31 AC / 13,687 SF
Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 4631.0
  • Building Area Units: Square Feet
  • Community Features: Community Boat Ramp
  • Direction Faces: South
  • Directions: Us 19 to 50th St West. Follow to Commonwealth on the rigt. Follow to the end.
  • Millage Rate: 15.56%
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Dead-End, Street Paved
  • Subdivision Num: 2214100
  • SW Subdiv Community Name: Bay Colony
  • Street Number: 5315
  • Street Name: Commonwealth
  • Street Suffix: ROAD
  • State: FL
  • City: PALMETTO
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Boat, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Oversized
Taxes and HOA Information
  • Association Fee Requirement: Optional
  • Association: No
  • CDD: No
  • Tax Book Number: 0012/0015
  • Tax Legal Description: LOT 141 PALMETTO SKYWAY REPLAT; LESS THE ELY PORTION OF SD LOT 141 DESC AS FOLLOWS: BEG AT THE SE COR OF SD LOT 141; TH N 16 DEG 25 MIN 46 SEC W ALNG THE ELY LN OF LOT 141 A DIST OF 121.17 FT TO THE NE COR OF SD LOT 141; TH SWLY ALNG A CURVE CONCAVE SELY
  • Tax Lot: 141
  • Tax Year: 2011
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Future Land Use: 0100
  • Lot Features: Cul-De-Sac, FloodZone, In County, Oversized Lot, Street Dead-End, Tip Lot
  • Lot Size Dimensions: 116.0 x 118.0
  • Parcel Number: 2222300059
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay
  • Water Access: Yes
  • Water Body Name: Terra Ceia Bay
  • Water Extras: Bridges - No Fixed Bridges, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
  • Water Extras: Yes
  • Water: Bridges - No Fixed Bridges, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
  • Zoning: RSF4.5
  • Living Area: 2220
  • Lot Dimensions: 116.0 x 118.0
Property and Assessments
  • Year Built Numeric: 2003
  • Association Amenities: Fence Restrictions
  • Home Warranty: No
  • Homestead: Yes
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 35
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Siding
  • Exterior Features: Balcony, French Doors, Irrigation System
  • Fencing: Fenced
  • Foundation Details: Stilt/On Piling
  • Levels: Two
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Pool Features: Heated, Indoor, Pool Sweep
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Metal
  • Security Features: Smoke Detector(s)
  • Waterfront Features: Bay/Harbor
  • Waterfront Feet Total: 157
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Additional Rooms: Attic, Formal Dining Room Separate
  • Appliances: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Oven, Range, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Heating: Central
  • Interior Features: Attic, Ceiling Fan(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Laundry Features: Inside
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: Yes
  • Window Features: Blinds, Window Treatments
  • Bathrooms Half: 1
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 5315 Commonwealth Road

DateEvent & SourcePriceAppreciation
Aug 29, 2012

Sold (Public Record)

Public Record #338915054

$415,000

-10.2% / yr

Aug 29, 2012

Sold

MFRMLS #M5829149

$415,000
May 22, 2012

Pending

MFRMLS #M5829149

DateEvent & SourcePrice
08/29/2012

Sold (Public Record)

Public Record #338915054

$415,000

-10.2% / yr

08/29/2012

Sold

MFRMLS #M5829149

$415,000
05/22/2012

Pending

MFRMLS #M5829149

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5315 Commonwealth Road

Taxable ValueLand-Additions-Total-
Tax Record2025$8,013 ($668 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtStories3Lot Size13,687 SqFtStyleSingle Family ResidenceYear Built2003Year Renovated2010ZoningRSF-4.5 RECountyMANATEEAPN22223-0005-9

Schools near 5315 Commonwealth Road

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 8 to 12
Charter - K to 8
Charter - 6 to 8
Rating
School
Distance
Palm View Elementary School
PublicPK to 8

Palmetto High School
Public8 to 12

Palmetto Charter School
CharterK to 8

LINCOLN MEMORIAL ACADEMY
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5315 Commonwealth Road, Palmetto, FL 34221
$415,000
3
2,220
13,687
$330,000
2
8,712
$400,000
3
$210,000
3
3
2,253
9,000
$239,000
3
1,825
9,000
2
3
1,287
9,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of TIM LESTER INTERNAT'L REALTY, TIMOTHY LESTER

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.