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$650,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,519 Sq. Ft.
  • Updated 3 hours ago
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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.

Full Property Details for 5108 Commonwealth Rd

General

  • Price: $650,000
  • Taxes: $3,601 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8507390
  • Updated: Today (5/13/2026)
  • Added to Site: Today

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 8
  • Interior Features: Ceiling Fan(s), Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Window Treatments
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Luxury Vinyl, Terrazzo

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Electric Dryer Hookup, In Kitchen, Laundry Room

Exterior

  • Exterior Features: Lighting
  • Deck/Patio: Deck, Patio, Porch
  • Porch/Patio/Deck: Deck, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Garage Door Opener

Location

  • Area: 34221 - Palmetto/Rubonia
  • County: Manatee
  • Development Name: 34221 - Palmetto/Rubonia
  • Subdivision: PALMETTO SKYWAY REP
  • Driving 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.
  • Direction Faces: West

Community

  • Community Name: 34221 - Palmetto/Rubonia

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Exterior Const.: Block
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: One
  • Square Feet: 1,519
  • Sq. Ft. Source: Public Records
  • Year Built: 1963

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,120
  • Lot Size: 9120
  • Street/Road Desc.: Paved
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Canal - Saltwater, Gulf/Ocean to Bay
  • Water Extras: Yes
  • Water Front Desc.: Saltwater Canal

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $3,601
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/3
  • Flood Zone Info: AE
  • APN: 2221300003
  • Property ID: 2221300003
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5108 Commonwealth Rd —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5108 Commonwealth Rd

School District:Manatee County School District
NameGradesDistance
Palm View Elementary School
6025 Bayshore Road, Palmetto, FL 34221
PK-51.1 mi
Palmetto High School
1200 17th Street West, Palmetto, FL 34221
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5108 Commonwealth Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Listed
$650,000
105.05%
MLS
3/03/2017
Sold
$317,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5108 Commonwealth Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,293
—
$546,790
58%
2024
$4,293
1%
$345,878
3%
2023
$4,239
1%
$335,804
6%
2021
$4,202
—
$316,527
-3%
2022
$4,188
—
$326,023
10%
2021
$4,202
12%
$297,423
6%
2019
$3,741
-2%
$280,531
1%
2017
$3,800
—
$278,798
8%
2017
$3,800
6%
$256,969
8%
2016
$3,599
—
$237,568
2%
2015
$3,601
13%
$232,519
14%
2014
$3,192
7%
$203,564
9%
2013
$2,971
—
$186,240
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5108 Commonwealth Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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5108 Commonwealth Road, Palmetto, FL 34221 (MLS# TB8507390) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5108 Commonwealth Road is currently listed for $650,000 and was received on May 13, 2026. This property is listed by Randi Morgan from our St. Petersburg Central Office.Want to learn more about 5108 Commonwealth Road? Do you have questions about finding other Single Family real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

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