Property
ActiveResidential
1/58
$645,000

5108 COMMONWEALTH ROAD

Palmetto, FL 34221
2
Beds
2
Baths
1,519
SqFt
0.21
Acres
STELLAR
#TB8507390
Updated: Jun 30, 2026, 2:38pm

Property 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 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. Boat can be removed prior to closing. Schedule your showing today!
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Included Appliances
DishwasherElectric Water HeaterMicrowaveRangeRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Bonus RoomFlorida RoomInside Utility
Appliances
DishwasherElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Bathrooms Total Decimal
2
Building Area Total
1847
Cooling
Central Air
Flooring
Luxury VinylTerrazzo
Furnished
Unfurnished
Heating
Central
Interior Features
Ceiling Fan(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorWindow Treatments
Laundry Features
Electric Dryer HookupIn KitchenLaundry Room
Living Area
1519
Rooms Total
8
Window Features
Blinds
Construction
Architectural Style
Ranch
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Direction Faces
West
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1963
Site & Exterior
Covered Spaces
Yes
Exterior Features
Lighting
Fencing
Fenced
Flood Zone Code
AE
Garage Spaces
Yes
I D X Participation
Yes
Lot Features
FloodZoneIn County
Lot Size Acres
0.21
Lot Size Area
9120
Lot Size Dimensions
76 x 120
Lot Size Square Feet
9120
Lot Size Units
Square Feet
Parking Features
Garage Door Opener
Patio And Porch Features
DeckPatioPorch
Public Survey Range
17
Public Survey Section
35
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableElectricity ConnectedPublicSewer ConnectedWater Connected
View
Water
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - Saltwater
Waterfront Feet Total
76
Zoning
RSF4.5/C
Financials
Calculated List Price By Calculated Sq Ft
424.62
Contract Status Change Date
2026-05-13
Current Price
645000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
SOTO-HERNANDEZMARGARITA
Ownership
Fee Simple
Parcel Number
2221300003
Public Survey Township
33
Tax Annual Amount
3601
Tax Book Number
12-15
Tax Legal Description
LOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/3
Tax Lot
132
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34221 - Palmetto/Rubonia
Pets Allowed
Yes
S W Subdiv Community Name
Palmetto Skyway
Subdivision Name
PALMETTO SKYWAY REP
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 2:38pm.
Randi Morgan

Listing Agent

COLDWELL BANKER REALTY

Call Agent