5108 Commonwealth Road, Palmetto, FL 34221
Local realty services provided by:Bingham Realty ERA Powered
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:165 day(s) ago
- Updated:February 24, 2026 at 02:21 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)
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