5108 COMMONWEALTH ROAD, Palmetto, FL 34221

• 2 beds |
• 2 baths |
• 1,519 sqft

Property Description

One or more photo(s) has been virtually staged. Welcome to Bay Colony, a highly sought-after waterfront community set along the deep-water canals of Terra Ceia Bay. This beautifully renovated two-bedroom, two-bath home with a flex room and one-car garage offers peace of mind, modern upgrades, and exceptional waterfront living. Ideally positioned between St. Petersburg and Sarasota, the location provides convenient access to I-275, I-75, US-41, and US-19. World-class dining, shopping, cultural attractions, and Gulf Coast beaches are all within approximately 30 minutes. Inside, the bright and open floor plan creates a seamless flow between the living and dining areas, ideal for both everyday living and entertaining. New luxury vinyl plank flooring runs throughout the home, enhancing durability and style. The home has been comprehensively updated in 2023, including new hot and cold water plumbing, new sewer lines, a new roof with insulation, and new hurricane-impact windows and doors. The chef’s kitchen is a true centerpiece, featuring new shaker-style cabinetry, quartz countertops, a deep farmhouse sink, and all-new stainless-steel appliances, including a natural gas range. A spacious walk-in pantry offers excellent storage and organization. The sun-filled Florida Room, lined with expansive windows and French doors, opens to the backyard and waterfront, providing a versatile space for relaxing, entertaining, or enjoying the view. Exterior improvements completed in 2023 include new stucco, a new concrete walkway surrounding the home, and enhanced outdoor living features. The primary suite offers abundant natural light, generous closet space, and a beautifully updated ensuite bath with a quartz-topped vanity and walk-in shower. An adjacent private flex room is ideal for a home office, studio, nursery, or fitness space. A second bedroom and full bath are thoughtfully located across the hall, offering privacy for guests. The secondary bath includes a soaking tub, pedestal sink, and built-in storage. For boating enthusiasts, this property truly stands out. The waterfront has been fully upgraded with a new bulkhead, new dock, new canopy, and a 12,000-lb boat lift. A 27’ Sea Ray boat conveys with the home, making this a rare turnkey waterfront opportunity. The composite dock is equipped with water and electricity, allowing you to enjoy effortless access to Terra Ceia Bay and unforgettable Florida sunsets right from your backyard. Don’t miss the opportunity to make 5108 Commonwealth Rd your waterfront retreat. Schedule your private showing today.

Listing Status:

Active

Date Added:

September 12, 2025 at 05:00AM

Listing Office:

MARK SPAIN REAL ESTATE : 855-299-7653

Listing Agent:

Chris Sakamoto : 904-200-7535

MLS ID:

TB8426810

Interior

• General: Built-in FeaturesCeiling Fans(s)Open FloorplanPrimary Bedroom Main FloorSolid Surface CountersThermostat
• Appliances: CooktopElectric Water HeaterRangeRefrigerator
• Laundry: Inside
• Flooring: Vinyl
• A/C: Central Air
• Heating: CentralElectric

Exterior

• General: French DoorsLightingPrivate MailboxRain Gutters

Construction

• Roofing: Shingle
• General: BlockOneSlab

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Manatee

Lot

• Zoning: RSF4.5/CLOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/32221300003

Utilities

• Utilities: Electricity ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Chris Sakamoto, MARK SPAIN REAL ESTATE