NOT LISTED FOR SALE

4829 Commonwealth Rd Palmetto, FL 34221

Memphis Area

Estimated Value: $744,765

3 Beds
2 Baths
1,721 Sq Ft
$433/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2025

Last sale price $749,000 $435 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,416 / mo

11 Days on Market

Highlights

  • 75 Feet of Salt Water Canal Waterfront
  • Boat Lift
  • Open Floorplan
  • Sailboat Water Access
  • In Ground Pool
  • Canal View

About This Home

As of July 2025

Coastal Living at Its Finest in Bay Colony! Welcome to your updated tropical retreat in the highly sought-after Bay Colony—a true deep-water boating community nestled on the pristine shores of Terra Ceia Bay, just south of the iconic Sunshine Skyway Bridge. With exceptionally deep and wide canals, this waterfront gem accommodates large vessels and sailboats with ease. Enjoy the luxury of no bridges to the Gulf, protected harbors, and clearly marked channels—boater's paradise found! Step through brand-new coastal-style impact glass double doors and be greeted by elegant 24-inch tile laid on a diagonal, guiding you through the light-filled, open-concept layout straight to your personal slice of paradise. The sparkling new kitchen is a dream for any coastal chef, featuring all-new appliances, a breakfast bar for casual bites, and a shimmering backsplash that catches the Florida sun. Natural light pours in from every angle, highlighting the thoughtful upgrades and airy ambiance throughout. Drift past the cozy electric fireplace and head to the serene primary suite, complete with a spacious closet and a beautifully updated ensuite bath. The bathroom conveniently opens directly to the pool, perfect for rinsing off after a day in the sun. This home has been thoughtfully updated with impact-rated doors and select windows, a completely replaced duct system, and resurfaced ceilings for a clean, fresh feel. Relax in the afternoons by the glistening pool and soak in the hot tub as the sun sets over the bay. For the serious boater, you'll love the 75 feet of waterfront, a 50' x 8' composite dock, a 13,000 lb boat lift with remote, and 50 AMP shore power service—everything you need to live your best salt life. Whether you're an avid boater, a poolside lounger, or someone who simply craves that salty breeze, this home delivers. A must-see for even the most discerning buyers!

Last Agent to Sell the Property

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 05/16/2025

Last Buyer's Agent

Mike Faber

THE KEYES COMPANY - SARASOTA License #3020625

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1972

Lot Details

  • 8,999 Sq Ft Lot
  • 75 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • East Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Irrigation Equipment
  • Property is zoned RSF4.5/C

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,721 Sq Ft Home
  • Open Floorplan
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Living Room
  • Home Office
  • Ceramic Tile Flooring
  • Hurricane or Storm Shutters
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Covered Patio or Porch

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palmetto Skyway Community
  • Palmetto Skyway Rep Subdivision

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,625

Year Built

Built in 1972

Lot Details

8,999 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1721
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 2558
  • Lot Size Sq Ft: 8999
  • Status: Sold
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 237.65
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 435.21
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Amenities Additional Fees: Access to the community boat ramp requires a yearly membership fee.
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Community Boat Ramp,Fishing,Water Access,Waterfront
  • Attribution Contact: 941-981-5388
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Window Features: Blinds, Shutters, Window Treatments
  • Additional Rooms: Attic,Great Room
  • Living Area Meters: 159.89

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: French Doors, Hurricane Shutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: BERKLEY HARBOR
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Lift,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 75
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Flood Zone Panel: 12081C0162F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Verify all pet restrictions with Manatee County.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF4.5/C
  • Parcel Number: 2224100004
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: FloodZone, In County, Landscaped, Street Dead-End, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Verify all leasing restrictions with the association.

Tax Info

  • Tax Annual Amount: 3625
  • Tax Book Number: 12-15
  • Tax Lot: 158

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jul 10, 2025
Sold by
Bought by
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Mike Faber
THE KEYES COMPANY - SARASOTA
List Price
$799,900
Sold Price
$749,000
Premium/Discount to List
-$50,900
-6.36%
Views
17
Current Estimated Value
$744,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,235
Avg. Annual Appreciation
-0.53%
Original Mortgage
$400,000
Outstanding Balance
$396,207
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$348,558

Purchase Details

Listed on
Sep 13, 2011
Closed on
Jan 20, 2012
Sold by
Bought by
Seller's Agent
Marcia Tanner
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
DIANE CAPE
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$164,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Palmetto, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$749,000 None Listed On Document
$275,000 Stewart Title Company
$183,000 --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $164,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2025 07/10/25 Sold $749,000 -6.4% $435 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $799,900 +6.8% $465 / Sq Ft
05/16/2025 05/16/25 Off Market $749,000 -- --
01/20/2012 01/20/12 Sold $275,000 0.0% $160 / Sq Ft View Prior Sale
12/31/2011 12/31/11 Pending -- -- --
09/13/2011 09/13/11 For Sale $275,000 -- $160 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,861 $620,484 $267,750 $352,734
2025 $3,861 $299,406
2024 $3,625 $290,968
2023 $3,576 $282,493 $0 $0
2022 $3,479 $274,265 $0 $0
2021 $3,341 $266,277 $0 $0
2020 $3,446 $262,601 $0 $0
2019 $3,392 $256,697 $0 $0
2018 $3,361 $251,911 $0 $0
2017 $3,114 $246,730 $0 $0
2016 $3,108 $241,655 $0 $0
2015 $3,088 $239,975 $0 $0
2014 $3,088 $234,301 $0 $0
2013 $3,078 $230,838 $107,500 $123,338
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4652799

Stellar MLS

APN: 22241-0000-4

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