5108 Commonwealth Road, Palmetto, FL 34221
For Sale $625,000
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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!
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Window Treatments
Taxes: $3,601.00
Tax Year: 2025
Lighting
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
Water
Canal - Saltwater
Bridges - No Fixed Bridges
Davits
Lift
Lift - Covered
No Wake Zone
Sailboat Water
Seawall - Concrete
View: Canal
Building Description: Ranch
MLS Area: 34221 - Palmetto/Rubonia
Total Square Footage: 1,847
Price per Square Feet: $411.45
Water: Public
Construction: Block
Date Listed: 2026-05-13 00:00:00
Furnished: Unfurnished
Windows: Blinds
Parking: Garage Door Opener
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Luxury Vinyl, Terrazzo
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Electric Dryer Hookup, In Kitchen, Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Flood Zone, In County
Parcel ID: 2221300003
Listing Courtesy Of: Coldwell Banker Realty
randibmorgan@gmail.com
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!
Property Details
Price: $625,000
Sq Ft: 1,519
($411 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Palmetto
County: Manatee
Type: Single Family
Development: Palmetto Skyway
Subdivision: Palmetto Skyway Rep
Acres: 0.2100
Virtual Tour/Floorplan: View
Year Built: 1963
Listing Number: TB8507390
Status Code: A-Active
Taxes: $3,601.00
Tax Year: 2025
Garage:
1
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Window Treatments
Financial Information:
Taxes: $3,601.00
Tax Year: 2025
Exterior Features:
Lighting
Equipment:
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
View:
Water
Waterfront Description:
Canal - Saltwater
Bridges - No Fixed Bridges
Davits
Lift
Lift - Covered
No Wake Zone
Sailboat Water
Seawall - Concrete
View: Canal
Additional Information:
Building Description: Ranch
MLS Area: 34221 - Palmetto/Rubonia
Total Square Footage: 1,847
Price per Square Feet: $411.45
Water: Public
Construction: Block
Date Listed: 2026-05-13 00:00:00
Furnished: Unfurnished
Windows: Blinds
Parking: Garage Door Opener
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Luxury Vinyl, Terrazzo
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Electric Dryer Hookup, In Kitchen, Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Flood Zone, In County
Parcel ID: 2221300003
Map of 5108 Commonwealth Road, Palmetto, FL 34221
Listing Courtesy Of: Coldwell Banker Realty
randibmorgan@gmail.com