$10,000

closing credit¹

5108 Commonwealth Rd Palmetto, FL 34221

$874,000
3 beds
2 full
1,519 sqft
0.2 acres
$575 / sqft
House

Property details

About 5108 Commonwealth Rd

Welcome to your slice of paradise! Nestled in Tierra Ciega Bay, this newly renovated home offers comfortable coastal living at its best. This property was thoughtfully designed for laid-back, coastal living charm. Step inside and be greeted by an open-concept floor plan featuring a sunlit living room, brand-new flooring and fresh paint. The upgraded kitchen showcases custom blue shaker cabinets with contrasting white quartz countertops, decorative 10x10 backsplash, stainless steel appliances including gas range. Primary suite boasts natural lighting, walk-in shower, while the two additional bedrooms provide comfort for family or guests. Outside, the backyard is a boater’s paradise, your private dock comes complete with a boat, ready for sunset cruises, fishing adventures, or leisurely days on the water. Relax on the expansive patio overlooking the canal or entertain under the stars in your spacious, landscaped retreat. Located just minutes from beaches, dining, local attractions, as well as I-75 and I-275. This waterfront gem is move-in ready and waiting for you to call it home. Schedule your tour today and start living your Florida dream!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,519 sqft
Lot size0.21 Acres
Year built1963
ParkingDriveway
MLS #TB8324293
Attached garage1 space

Virtual tour

Summary

  • MLS Number: TB8324293
  • MLS Name: MFRMLS
  • 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. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 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: 2/1/2025, 7:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with a front yard and a garage

$874,000

5108 Commonwealth Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 09, 2017
Home Sold
$317,000

Tax history

YearAssessmentProperty Tax
2023$335,804$4,238
2022$326,023$4,188
2021$316,527$4,188
2020$297,423$3,741
2018$278,798$3,799
2017$256,969$3,799

History based on county public records data.

Nearby schools

7

James Tillman Elementary School

Public Magnet PK-5

2.0 mi

1415 29th St E

5

Palmetto Elementary School

Public District PK-5

2.7 mi

1540 10th St W

5

Blackburn Elementary School

Public District PK-5

3.6 mi

3904 17th St E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,071. Residents of Palmetto, FL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
39%
35k-100k
23%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • HyundaiHyundai

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 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 1, 2024 and is currently priced at $874,000.

Palmetto, FL housing market in December 2024 saw over 9 listings sold above listed price, more than 36 sold at listed price and over 50 sold below. The inventory of homes for sale in Palmetto, FL between November and December 2024 decreased by 0.8%. The median list price of listings available in December 2024 was $386,245, while the average time on the real estate market was 72 days.

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

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