Virtual TourMap

For SaleSingle Family ResidenceActive

5108 Commonwealth Road

Palmetto, FL 34221

$625,000

179 Days On Site

  • 2Beds
  • 2Baths2 full
  • 1,519Sq Ft
  • $411Per Sq Ft
  • 0.21Acres
  • 1963Built
Subdivision
Palmetto Skyway Rep
County
Manatee
MLS®
TB8507390

Overview

Park the flip-flops and bring the boat keys — this is the kind of waterfront escape you daydream about after one too many office meetings. Sitting pretty on the widest deep-water canal in Bay Colony of Terra Ceia Bay, this laid-back coastal retreat comes with the ultimate bonus: a 1997 Sea Ray Cuddy Cabin already resting on its own 12,000lb boat lift with a removable canvas cover. Because around here, sunset cruises beat rush hour every time. Inside, the vibe is pure relaxed luxury. This 2-bedroom, 2-bath waterfront hideaway welcomes you with jaw-dropping water views the second you walk through the door. The flex space in the master bedroom can be drywalled in and become a 3rd bedroom, office, or nursery with ease. The oversized 25-foot Florida room is basically one long front-row seat to paradise, wrapped in walls of windows that let the sunshine and sparkling canal views pour in all day long. There’s also a 1-car garage for the toys, gear, and fishing poles, but let’s be honest — life here is all about salty air, boat days, cold drinks, and deciding whether to fish, cruise, or just float the afternoon away. This isn’t just a home… it’s a permanent vacation with a dock attached. Nearly every inch of this home was thoughtfully updated in 2023, including plumbing, sewer lines, roof, insulation, hurricane-impact windows and doors, flooring, paint, fixtures, ceiling fans, interior doors, trim, and portions of the seawall — giving you peace of mind so you can focus on enjoying the Florida lifestyle. Conveniently located near I-275, I-75, US-41, and US-19, you’re just a short drive from the beaches, restaurants, arts, and nightlife of St. Petersburg and Sarasota — while still feeling tucked away in your own private waterfront escape. NOTE: This home did not have any flood damage from the recent 2024 storms. All renovations were completed in 2023. Schedule your showing today!

Listing Snapshot

Price
$625,000
Days On Site
179 Days
Bedrooms
2
Inside Area (SqFt)
1,519 sqft
Total Baths
2
Full Baths
2
Partial Baths
0
Lot Size
0.21 Acres
Year Built
1963
MLS® Number
TB8507390
Status
Active
Property Tax
$3,601 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

16 items
Acres
0.21
Attached Garage
Yes
Direction Faces
West
Foundation
Slab
Garage
Yes
Garage Spaces
1
Levels
One
Parking
Garage Door Opener, Attached
Pets
Yes
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
1,847
Style
Ranch
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Zoning
RSF4.5/C

Interior Features

14 items
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Cooling
Central Air
Flooring
Terrazzo
Furnished
Unfurnished
Heating
Central
Interior
Open Floorplan
Laundry Features
Electric Dryer Hookup, In Kitchen, Laundry Room
Window Features
Blinds

Rooms

RoomDimensionsLevelFeatures
Bedroom 211x10First
Family Room20x8First
Florida Room25x9First
Kitchen13.5x8.5First
Living Room16x12First
Master Bedroom15x11FirstCeiling Fan(s)

Exterior Features

11 items
Construction Details
Block
Exterior
Lighting, Dock
Fencing
Fenced
Lot Features
Waterfront
Patio And Porch
Deck, Patio, Porch
Roof
Shingle
View
Canal, Water
Waterfront
Yes
Waterfront Features
Canal Front
Waterview
Canal, Water
Windows/Doors
Blinds

Community Features

4 items
MLS Area
34221 - Palmetto/Rubonia
Township
33
Financing Terms Available
Cash, Conventional, VA Loan
Roads
Paved

Location

5108 Commonwealth Road, Palmetto, FL 34221 · 34221 - Palmetto/Rubonia

$5.5M$2.2M
© OpenStreetMap contributors
Open in Google Maps

Neighborhood & Commute

ZIP Code 34221

Median household income
$71,767
Income per person
$39,843
Households
21,343
Average household size
2.49
Median age
46.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $625,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Similar Homes

For sale in Palmetto, single family residence, within 20% of this price.

Listing courtesy of COLDWELL BANKER REALTY (727) 710-4386

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 08:15 AM EST

Powered by Showcase IDX, a Constellation1 company

We use cookies to improve your experience and our marketing. Privacy Policy