5108 COMMONWEALTH Rd, Palmetto, FL 34221

Beds
2
Baths
2
Sqft
1,519
Garage
Yes

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Listed byCOLDWELL BANKER REALTY
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Overview

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!

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
2
Number of bathrooms
2
Square feet
1,519
Lot size (acres)
0.21
Year built
1963

Interior features

Laundry
Electric Dryer Hookup, In Kitchen, Laundry Room

Exterior features

Water view
Yes
Waterfront
Canal - Saltwater

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,601

Public schools

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Sourced from: Stellar MLS MLS®#: TB8507390 Last checked:

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