5108 COMMONWEALTH ROAD, PALMETTO, FL 34221
PALMETTO SKYWAY REP · Manatee County
Key Facts
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 12,000lb 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 flex space in the master bedroom can be drywalled in and become a 3rd bedroom, office, or nursery with ease. 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 completed in 2023. Schedule your showing today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1963
Living Area
1,847 sq ft
Lot Size
0.21 acres
Lot Dimensions
76X120
Garage Spaces
1
Ownership
Fee Simple
Zoning
RSF4.5/C
Days on Market
58
MLS® Listing#
TB8507390
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Utilities
Sewer
Water Source
Rooms
- 25x9First
- Bedroom 211x10First
- Bedroom 215x12First
- Family Room20x8First
- Kitchen10x8First
- Kitchen13.5x8.5First
- Living Room16x12First
- Master Bedroom15x11First
Financial Details
HOA
None
Annual Taxes
$3,601
Tax year 2025
Parcel Number
2221300003
Directions
From I-275 take exit 5 onto US Hwy 19 South towards Palmetto/Bradenton, turn right onto 50th street west. Follow straight through and turn right on Commonwealth. The home is located on the right. From I -75 take 301 north.
Affordability Calculator
$129,000
Estimated monthly payment
$3,433/mo
Principal $516,000 · Est. interest $719,866 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PALMETTO, FL
- $449,682
- Median Listing Price
- 81
- Median Days on Market
- 2,065
- Median Sq Ft
- $228
- Median Price / Sq Ft
- 628
- Active Listings
- This home’s price is 43% above the area median.
- Its price per sq ft is 53% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PALMETTO, FL.
Location
- 5108 COMMONWEALTH ROAD, PALMETTO, FL 34221
Points of Interest in PALMETTO, FL
Showing the PALMETTO area map.
Nearby Schools
Educational Harbor Christian School
School · 0.8 mi away
Palm View Elementary School
Elementary · 1.1 mi away
Tillman James Elementary School
Elementary · 2.0 mi away
Bible Baptist Church
School · 2.1 mi away
Palmetto High School
Secondary · 2.2 mi away
Palmetto Charter School
Elementary · 2.3 mi away
Lincoln Middle School
Secondary · 2.4 mi away
Just for Girls
Secondary · 2.7 mi away
Palmetto Elementary School
Elementary · 2.7 mi away
Manatee School for the Arts
Secondary · 3.3 mi away
Hola! Elementary School
Elementary · 3.3 mi away
Blackburn Elementary School
Elementary · 3.6 mi away
Family Life Community School
School · 3.9 mi away
Imagine School at North Manatee
Elementary · 4.4 mi away
Bradenton Bay High School
Secondary · 4.5 mi away
Manatee High School
Secondary · 4.5 mi away
First United Methodist Church of Bradenton
School · 4.6 mi away
St Stephen's Episcopal School
Secondary · 4.6 mi away
Pace Center for Girls
Secondary · 4.7 mi away
Ballard Elementary School
Elementary · 4.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4422 OUTHAUL RUN, PALMETTO, FL | $454,999 | 4 | 3 | 2,401 |
| 9017 VENETIA COURT, PALMETTO, FL | $455,700 | 4 | 2 | 2,723 |
| 8721 CANARD COVE, PALMETTO, FL | $455,999 | 4 | 2 | 1,933 |
| 140 RIVIERA DUNES WAY 206, PALMETTO, FL | $459,000 | 2 | 2 | 1,847 |
| 8712 CANARD COVE, PALMETTO, FL | $459,999 | 4 | 3 | 2,401 |
| 4710 OUTHAUL RUN, PALMETTO, FL | $459,999 | 4 | 3 | 2,851 |
Moving Cost Estimate
EXIT Agents in PALMETTO
Listing Courtesy: COLDWELL BANKER REALTY - 727-821-3322
Last Updated: 2026-05-12