5108 Commonwealth Road, Palmetto, FL 34221
Local realty services provided by:ERA American Suncoast
Listed by: chris sakamoto
Office: mark spain real estate
MLS#:TB8426810
Source:MFRMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$351.92
About this home
Some photos have been virtually staged. Welcome to Bay Colony, a sought-after waterfront community nestled along the deep-water canals of Terra Ceia Bay. This beautifully updated two-bedroom, two-bath residence with a flex room and one-car garage combines timeless finishes with modern conveniences in a prime location.
Ideally situated between St. Petersburg and Sarasota, the community offers quick access to I-275, I-75, US-41, and US-19. Within just 30 minutes, you’ll reach world-class dining, shopping, cultural events, and Gulf Coast beaches.
Inside, the home showcases a bright and open floor plan where the living and dining areas flow seamlessly together—perfect for both everyday living and entertaining. Luxury vinyl plank flooring extends throughout, providing durability and style.
The chef’s kitchen is a standout, appointed with shaker cabinetry, quartz countertops, a deep farmhouse sink, stainless steel appliances, and a natural gas range. A spacious walk-in pantry provides exceptional storage and organization.
A sun-filled Florida Room with expansive windows and French doors opens to the back patio and yard, offering a versatile space for lounging, entertaining, or simply enjoying the view.
The primary suite features abundant closet space, natural light, and a beautifully updated ensuite bath with a quartz-topped vanity and walk-in shower. A private flex space off the primary bedroom is ideal for a studio, nursery, or fitness room. A second bedroom and full bath, located across the hall, provide comfort and privacy for guests. The secondary bath includes a pedestal sink, full-size soaking tub, and built-in storage.
For boating enthusiasts, this property is truly special. A 27’ SeaRay boat conveys with the home, resting on a 12,000-lb lift. The composite dock, complete with water and electricity, makes waterfront living effortless. Spend evenings exploring the waterways and taking in breathtaking Florida sunsets—all from your own backyard.
Don’t miss the opportunity to make 5108 Commonwealth Rd your new home. Schedule your private showing today!
Contact an agent
Home facts
- Year built:1963
- Listing ID #:TB8426810
- Added:69 day(s) ago
- Updated:November 20, 2025 at 01:18 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,519 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1963
- Building area:1,519 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Palmetto High
- Middle school:Buffalo Creek Middle
- Elementary school:Palm View Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$351.92
- Tax amount:$4,293 (2024)
New listings near 5108 Commonwealth Road
- New
$359,094Active3 beds 2 baths1,530 sq. ft.4307 Outhaul Run, PALMETTO, FL 34221
MLS# R4910281Listed by: FLORIWEST REALTY GROUP, LLC - New
$499,934Active4 beds 3 baths2,593 sq. ft.9110 Optimist Way, PALMETTO, FL 34221
MLS# R4910280Listed by: FLORIWEST REALTY GROUP, LLC - New
$426,574Active4 beds 3 baths2,286 sq. ft.9118 Optimist Way, PALMETTO, FL 34221
MLS# R4910278Listed by: FLORIWEST REALTY GROUP, LLC - New
$409,869Active3 beds 2 baths1,848 sq. ft.9114 Optimist Way, PALMETTO, FL 34221
MLS# R4910279Listed by: FLORIWEST REALTY GROUP, LLC - New
$444,809Active4 beds 2 baths1,933 sq. ft.9122 Optimist Way, PALMETTO, FL 34221
MLS# R4910277Listed by: FLORIWEST REALTY GROUP, LLC - New
$485,000Active4 beds 4 baths2,848 sq. ft.1520 3rd Street Circle E, PALMETTO, FL 34221
MLS# A4672685Listed by: COLDWELL BANKER REALTY - New
$316,849Active3 beds 2 baths1,680 sq. ft.9245 Optimist Way, PALMETTO, FL 34221
MLS# R4910267Listed by: FLORIWEST REALTY GROUP, LLC - New
$449,000Active4 beds 3 baths2,207 sq. ft.6403 Devesta Loop, PALMETTO, FL 34221
MLS# A4672435Listed by: LESLIE WELLS REALTY, INC. - New
$319,109Active2 beds 2 baths1,680 sq. ft.9241 Optimist Way, PALMETTO, FL 34221
MLS# R4910266Listed by: FLORIWEST REALTY GROUP, LLC - New
$297,959Active3 beds 2 baths1,489 sq. ft.9237 Optimist Way, PALMETTO, FL 34221
MLS# R4910265Listed by: FLORIWEST REALTY GROUP, LLC