Search

Nearby Properties

5108 COMMONWEALTH RD,  PALMETTO, FL 34221

MLS# TB8507390.  2 beds.  2.0 baths.  Single Family Home.  Active

$3,601 in taxes (2025)

$645,000   Reduced by $5,000 (0.8%)

 

Remarks:

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 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. Boat can be removed prior to closing. Schedule your showing today!

Quick Info:

  • Listing is courtesy Of: COLDWELL BANKER REALTY ((727-821-3322))
  • Listing Agent: Randi Morgan ((727-710-4386))
  • Days on yellowkey: 55
  • Property Type: Single Family Home
  • Beds: 2
  • Baths: 2.0
  • Living Area Square Feet: 1519
  • Built 1963
  • Taxes: $3,601 (2025)
  • Garage Spaces:1 ()
  • Square Feet: 1847
  • Fees: $0
  • Manatee County
  • Terms: Cash, Conventional, VA Loan
  • Subdivision Info:
  • Occupancy Information: Vacant
  • Community:
  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: PALMETTO SKYWAY REP
  • Complex Name:

Interior Details:

  • Interior Levels:
  • Stories:
  • Bedroom Description:
  • Master Bathroom Description:
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Window Treatments
  • Dining Description:
  • Floor:
  • Cooling:
  • Heating:
  • Equipment/Appliances:
  • Other Rooms:
  • Windows Treatment:
  • Cable Available
  • Water Utility:

Exterior/Other Details:

  • Design:
  • Design Description:
  • Guest House Living Area:
  • Guest House Description:
  • Efficiency:
  • Unit Floor Location:
  • Guest House Description:
  • Garage Description:
  • Carport Spaces:
  • Carport Description:
  • Parking Description: Garage Door Opener
  • Pool Description:
  • Pool Dimensions:
  • Lot:
  • Front Exposure:
  • Exterior Features: Lighting
  • Roof Description:
  • Security:
  • Sprinkler:
  • Sewer Description:
  • Miscellaneous:
  • View:Water
  • Waterfront Front:
  • Waterfront Description:
  • Water Access:

History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
6/30/2026Sale47TB8507390Price Change$645,000-0.77%349.2149MLS
5/13/2026Sale0TB8507390listed for sale$650,000-351.9220MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.