Price Reduction - Waterfront - Primary on Main
Address
5108 Commonwealth Road, PALMETTO, FL
Price
$ 644,900
Property Attributes
  • MLS#TB8507390
  • TypeSingle Family
  • Listing Status Active
  • CountyManatee
  • CityPALMETTO
  • AreaPalmetto/Rubonia
  • NeighborhoodPALMETTO SKYWAY REP
  • Zip34221
  • StyleRanch
  • Year Built1963
  • Taxes$ 3601
  • Price$ 644,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1519
  • Lot Size0.21 Acres
Data Source:
Stellar MLS
Property Description

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!

Price History
5/13/2026 Listed $650,000
6/30/2026 1$645,000
8/20/2026 Listed $644,900

General Features

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
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
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 132
Virtual Tour https://ab3-visuals.aryeo.com/sites/edvjaqko/unbranded
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
In Law Suite YN false
DockY/N true

Interior Features

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
Laundry Features Electric Dryer Hookup,In Kitchen,Laundry Room
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

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 Dimensions 76 x 120
Lot Size Acres 0.21
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34221

Price
AVG $550K
$640K
Taxes
AVG $4,615
$3,601
Year Built
AVG 2011
1963

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