5108 COMMONWEALTH ROAD Palmetto, FL $ 650,000
5108 COMMONWEALTH ROAD
$ 650,000
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5108 COMMONWEALTH ROAD

Palmetto, FL, 34221
$ 650,000
Bedrooms2 Baths2.0 Sq 1,519

Monthly Estimate*

$ 4,002

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Single Family Home for sale in Palmetto, FL

for $650,000 with 2 bedrooms and 2 full baths. This 1,519 square foot home was built in 1963 on a lot size of 0.21.

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.

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Single Family Active

Price

$ 650,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 3,601

Style

Ranch

Lot Size

0.21

Year Built

1963

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

TB8507390

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Electricity Connected Public Sewer Connected Water Connected
Roof Shingle
Appliances Dishwasher Electric Water Heater Microwave Range Refrigerator Washer
Zoning RSF4.5/C
Garage Spaces 1
Patio/Porch Features Deck Patio Porch
Architectural Style Ranch
Construction Materials Block
Pets Allowed Yes
Year Built 1963
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Saltwater
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PALMETTO SKYWAY REP
Facing Direction West
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
Directions From I-275 take exit 5 onto US Hwy 19 South towards Palmetto/Bradenton turn right onto 50th street west. Follow straight through and turn right on Commonwealth. The home is located on the right. From I -75 take 301 north.
City PALMETTO
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 9120
Carport Y/N false
Listing Terms Cash Conventional VA Loan
Land Lease Y/N false
Tax Annual Amount 3601
Home Warranty Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8507390 https://ab3-visuals.aryeo.com/sites/edvjaqko/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 132
Legal Description LOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/3
Water View Canal
Water Access Type Bay/Harbor Canal - Saltwater Gulf/Ocean to Bay
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Bonus Room Florida Room Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Window Treatments
Flooring Luxury Vinyl Terrazzo
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 0
Laundry Features Electric Dryer Hookup In Kitchen Laundry Room
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Lighting
Fencing Fenced
Parking Features Garage Door Opener
Lot Features FloodZone In County
Water Source Public
Lot Size Area 9120
Foundation Details Slab
Building Area Total 1847
Lot Size Acres 0.21
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Coldwell Banker Realty

Broker

randibmorgan@gmail.com

Email

Affordability Calculator

$4,302
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$650,000 Listed Price

Map


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5108 COMMONWEALTH ROAD, Palmetto, FL, 34221 is a Single Family Home for sale at $650,000 with 1,519 sqft and a lot size of 0.21. 5108 COMMONWEALTH ROAD has 2 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 34221 which is in Palmetto, FL