Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 2-bedroom, 2-bathroom single family at 5108 COMMONWEALTH ROAD in Palmetto, FL is listed for $650,000 ($428 per sqft). Built in 1963, the home offers 1,519 sqft of living space on a 0.21 acres lot.

Agent 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 12,000 lb 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 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 done the year prior.

Key Features

  • Built in 1963
  • 0.21 acre lot
  • Waterfront

Property Details

2 full
1963

Amenities

Waterfront

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

5108 COMMONWEALTH ROAD

Palmetto, FL 34221

PALMETTO SKYWAY REP

Features & Amenities

Interior Features

Ceiling Fans(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorWindow Treatments

Exterior Features

FencingLightingDock

Property Details

Flooring

Vinyl

Construction

Block

Parking

GarageGarage - Attached

Heating

Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom single family at 5108 COMMONWEALTH ROAD is listed at $650,000 ($428/sqft). The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 0.21 acre lot, Waterfront. Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo. Exterior Features: Fencing, Lighting, Dock.

This property is listed by Randi Morgan and can be reached at 7277104386 or randibmorgan@gmail.com.

RM

Randi Morgan

Agent at COLDWELL BANKER REALTY

(727) 710-4386

Listed by COLDWELL BANKER REALTY · View on Broker Site

MLS# TB8507390· Source: listhub· Updated 20 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5108 COMMONWEALTH ROAD, Palmetto, FL 34221

Open this listing in: