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5108 Commonwealth Rd

Palmetto, FL 34221

Active

List price

$625,000Price cut

Listing courtesy of COLDWELL BANKER REALTY, 727-821-3322 (Randi Morgan)

MLS# TB8507390 Status Active

Listing updated October 6, 2026

Bedrooms
2
Bathrooms
2
Sq ft
1,519
Year built
1963

About this home

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!

Facts

Home type
Single Family Residence
Year built
1963
Lot
0.21 acres
Garage
1 spaces
Stories
1
Annual taxes
$3,601
Subdivision
Palmetto Skyway Rep
County
Manatee

Features

Waterfront
Waterfront, Canal - Saltwater

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Location

Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors

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