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5108 Commonwealth Rd, Palmetto, FL 34221
5108 Commonwealth Rd, Palmetto, FL 34221 3D Tour
5108 Commonwealth Rd, Palmetto, FL 34221 Explore 3D Tour
5108 Commonwealth Rd, Palmetto, FL 34221
5108 Commonwealth Rd, Palmetto, FL 34221
5108 Commonwealth Rd, Palmetto, FL 34221
5108 Commonwealth Rd, Palmetto, FL 34221

5108 Commonwealth Rd Palmetto, FL 34221

$650,000

ACTIVE
Beds
2
Baths
2
Sqft
1,519
Acres
0.21
Year
1963
Days on Site
112
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$428
Date Listed
Sep 12, 2025

Description of 5108 Commonwealth Rd, Palmetto, FL 34221

Listing details for 5108 Commonwealth Rd, Palmetto, FL 34221 : 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.
Listing Updated : 12-24-2025 at 6:13 AM EST
Listing Provided By : Chris Sakamoto, 855-299-7653, MARK SPAIN REAL ESTATE
Source :

Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8426810

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Based on information submitted to the MLS GRID as of 2026-04-15 at 2:02 a.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.