4908 COMMONWEALTH ROAD, Palmetto, FL, 34221 | $674,000

One or more photo(s) has been virtually staged. Major Price Reduction! Welcome to a boater's paradise! Your next home is located on a wide, sailboat worthy deep canal, with direct access, and with no bridges to Tampa Bay or The Gulf. This home has a band new concrete cap and vinyl seawall, a new composite boat dock, and a new boat lift installed in 2022. There is a new tile roof just installed in 2025, a new roof over the Florida room also in 2025, and new vinyl plank flooring in the Florida room installed in November of 2024. All interior ceilings including the garage have just been resurfaced and painted. No popcorn ceilings here! Relax alongside your caged, solar heated pool while overlooking the canal and enjoying the afternoons in the SHADE! As the rear of the house faces EAST, you are not staring into the sun while enjoying your afternoons by the pool or in the Florida room. There are manatees and a wide variety of fish species for you to just enjoy or catch while fishing off your own dock. The tastefully appointed kitchen features granite counters and a deep stainless steel sink. And access to the kitchen from the dining room and family room areas is cleverly convenient. There are water/canal views from the primary bedroom, Florida/family rooms, and the kitchen. There are two spacious bedrooms and two full baths. The garage has storage cabinets, a workbench space, and a bonus storage area for your toys. Washer and dryer are available. This home also has a central vacuum system for your convenience. You'll also appreciate the irrigation system with a brand new well pump. Irrigating the lawn and landscaping is utilizing water from your own well. . . no high public water bills. There are also NO HOA FEES here. You'll find convenient access to the major commuting routes of Interstate 275, 75, and Rt-41 are a highlight of this home. The time and TIDES are right. . . are you ready?

Features

  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 120 x 75
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1973
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,855
  • Acreage: 0.21
  • Lot Size: 120 x 75
  • Est. Taxes: $2,669
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, In County, Landscaped, Level
  • View: Water
  • Pool: In Ground, Solar Heat
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4649288
  • Days on Market: 245 days
  • Website: https://www.raveis.com
    /prop/A4649288/4908commonwealthroad_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/24/2025 7:08:16 AM)
Listing courtesy of FLORIDA REAL ESTATE TEAM, INC.   Phone: 813-326-1586

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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4908 COMMONWEALTH ROAD, Palmetto, FL, 34221

$674,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $539,200 $539,200 $539,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.360% 6.304% 5.648%
Monthly Tax Payment $222 $222 $222
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,062 $3,276 $4,370
Total Monthly Payment $3,376 $3,590 $4,684

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.