5108 Commonwealth Rd, Palmetto, FL 34221 | For Sale

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For Sale $650,000 ($427.91 per Sq Ft)

$650,000 ($427.91 per Sq Ft)
  • (0)
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,519 Sq Ft
  • 9,121 Sq Ft

Description

One or more photo(s) has been virtually staged. Welcome to Bay Colony, a highly sought-after waterfront community set along the deep-water canals of Terra Ceia Bay. This beautifully renovated two-bedroom, two-bath home with a flex room and one-car garage offers peace of mind, modern upgrades, and exceptional waterfront living.

Ideally positioned between St. Petersburg and Sarasota, the location provides convenient access to I-275, I-75, US-41, and US-19. World-class dining, shopping, cultural attractions, and Gulf Coast beaches are all within approximately 30 minutes.

Inside, the bright and open floor plan creates a seamless flow between the living and dining areas, ideal for both everyday living and entertaining. New luxury vinyl plank flooring runs throughout the home, enhancing durability and style. The home has been comprehensively updated in 2023, including new hot and cold water plumbing, new sewer lines, a new roof with insulation, and new hurricane-impact windows and doors.

The chef’s kitchen is a true centerpiece, featuring new shaker-style cabinetry, quartz countertops, a deep farmhouse sink, and all-new stainless-steel appliances, including a natural gas range. A spacious walk-in pantry offers excellent storage and organization.

The sun-filled Florida Room, lined with expansive windows and French doors, opens to the backyard and waterfront, providing a versatile space for relaxing, entertaining, or enjoying the view. Exterior improvements completed in 2023 include new stucco, a new concrete walkway surrounding the home, and enhanced outdoor living features.

The primary suite offers abundant natural light, generous closet space, and a beautifully updated ensuite bath with a quartz-topped vanity and walk-in shower. An adjacent private flex room is ideal for a home office, studio, nursery, or fitness space. A second bedroom and full bath are thoughtfully located across the hall, offering privacy for guests. The secondary bath includes a soaking tub, pedestal sink, and built-in storage.

For boating enthusiasts, this property truly stands out. The waterfront has been fully upgraded with a new bulkhead, new dock, new canopy, and a 12,000-lb boat lift. A 27’ Sea Ray boat conveys with the home, making this a rare turnkey waterfront opportunity. The composite dock is equipped with water and electricity, allowing you to enjoy effortless access to Terra Ceia Bay and unforgettable Florida sunsets right from your backyard.

Don’t miss the opportunity to make 5108 Commonwealth Rd your waterfront retreat. Schedule your private showing today.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $650,000
Property Type Single Family Homes
Usable Sqft 1,519
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 1963
Last Sold Unknown
Sold Price Unknown
APN # 2221300003
MLS # TB8426810
Property ID 322169801
Lot Sqft 9,121
Zoning RSF4.5/C
Days on Market 127
Original List Price $650,000
Applicances Cooktop, Electric Water Heater, Range, Refrigerator%
Date Updated December 18, 2025
Date Created September 12, 2025
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Listing Provided By

Chris Sakamoto an agent of .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 18, 2025 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.



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