New Listing - 05/13/2026

$650,000 ($427.91 per sqft)

Est. Mortgage $3,202/mo *

Quick Pre-Approval

Open House Schedule

05/24/2026
1:00 PM to 3:00 PM
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5108 COMMONWEALTH ROAD, Palmetto, FL, 34221

5108 COMMONWEALTH ROAD, Palmetto, FL, 34221

8 rooms

2 beds

2 Full baths

1963

Ranch

1,519 sqft

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 12,000 lb 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 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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Electric Dryer Hookup, In Kitchen, Laundry Room

Subdivision:

PALMETTO SKYWAY REP

Garage:

1-car Garage Door Opener

Heating:

Central

Cooling:

Central Air

Acreage:

0.21

Est. Taxes:

$3,601

Construction

Block

Utilities

BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected

Lot Description:

FloodZone, In County

View Description:

Water

Waterfront:

Yes

Days on Market:

1

Pet Policy:

Yes

Appliances:

Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Min Lease Term:

No Minimum

MLS #:

TB8507390


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Coldwell Banker Realty 727-821-3322