5108 Commonwealth Rd

Palmetto, FL 34221

$650,000
Price
2
Beds
1,519 Sq. Ft.
$428 / Sq. Ft.
1,519
Sq. Ft.
$428
per Sq. Ft.
a view of a backyard with a garden
a front view of a house with a yard and garage
a view of a house with a backyard
a living room with furniture and wooden floor
a living room with furniture and a large window
a kitchen with stainless steel appliances kitchen island granite countertop a kitchen island hardwood floor sink stove dining table and chairs
a kitchen with stainless steel appliances kitchen island granite countertop a sink stove and microwave
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a kitchen with stainless steel appliances granite countertop wooden cabinets a sink and a stove
a kitchen with a refrigerator and cabinets
a bedroom with bed and a chandelier
a view of an empty room with window and wooden floor
an empty room with wooden floor fan and windows
a view of a room with wooden floor and a ceiling fan
a bathroom with a sink toilet and shower
a bathroom with a sink toilet and shower
a view of a house with a backyard
a view of a lake with a yard
a view of a park with swings and slides
a ocean view with sitting space and lake view
a front view of house with yard and green space
a view of a swimming pool with a yard and palm trees
a view of a yard with a house
a house view with a garden space
aerial view of a house with a swimming pool
an aerial view of residential houses with outdoor space and parking
a view of a lake
an aerial view of residential building with outdoor space
a view of lake view and mountain view
a front view of house with yard and green space
a picture of floor plan

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,...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.
  1. Listed by Chris Sakamoto • Brokerage DRE #1059225 • MARK SPAIN REAL ESTATE
    P: (904)-200-7535 C: (904)-200-7535 Chrissakamoto@markspain.com

Property Details for 5108 Commonwealth Road

Subdivision Name
PALMETTO SKYWAY REP
Township
33S
Garage Spaces
1
Waterfront
Yes
Water View
Canal
LISTING UPDATED: 12/18/2025 03:35 PM

Property Details for 5108 Commonwealth Road

StatusActive
MLS #TB8426810
Days on Market137
Taxes$4,293 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1963
Lot Size0.21 AC / 9,121 SF
CountyManatee County

Location

Listing Courtesy of MARK SPAIN REAL ESTATE, Chris Sakamoto
Add your commute

Building Information for 5108 Commonwealth Road

Stories-Year Built1963Building Size-Lot Size0.21 AC / 9,121 SF

Payment Calculator

$3,526 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$358

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5108 Commonwealth Road

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1847.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • 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.
  • Elementary School: Palm View Elementary
  • Middle Or Junior School: Buffalo Creek Middle
  • High School: Palmetto High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Palmetto Skyway
  • Unit Number: No
  • Street Number: 5108
  • Street Name: COMMONWEALTH
  • Street Suffix: ROAD
  • State: FL
  • City: PALMETTO
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Book Number: 12-15
  • Tax Legal Description: LOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/3
  • Tax Lot: 132
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 76 x 120
  • Parcel Number: 2221300003
  • Total Acreage: 0 to less than 1/4
  • Water Access: Canal - Saltwater
  • Water Access: Yes
  • Water Extras: Boat Ramp - Private
  • Water Extras: Yes
  • Water: Boat Ramp - Private
  • Zoning: RSF4.5/C
  • Living Area: 1519
  • Lot Dimensions: 76 x 120
Property and Assessments
  • Year Built Numeric: 1963
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 17E
  • Public Survey Section: 35
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: French Doors, Lighting, Private Mailbox, Rain Gutters
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Appliances: Cooktop, Electric Water Heater, Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: Yes
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 5108 Commonwealth Road

DateEvent & SourcePriceAppreciation
Sep 12, 2025

Listed (Active)

MFRMLS #TB8426810

$650,000—
Aug 31, 2025

Expired

MFRMLS #TB8387051

$749,900—
May 17, 2025

Withdrawn

MFRMLS #TB8324293

$840,000—
May 16, 2025

Listed (Active)

MFRMLS #TB8387051

$749,900—
Jan 14, 2025

Price Change

MFRMLS #TB8324293

$874,000—
Dec 1, 2024

Listed (Active)

MFRMLS #TB8324293

$879,000—
Mar 8, 2017

Sold

MFRMLS #A4166939

$317,000—
Mar 3, 2017

Sold (Public Record)

Public Record #596039100

$317,000—
Feb 14, 2017

Pending

MFRMLS #A4166939

—
Oct 17, 2016

Listed (Active)

MFRMLS #A4166939

$339,900—
DateEvent & SourcePrice
09/12/2025

Listed (Active)

MFRMLS #TB8426810

$650,000
08/31/2025

Expired

MFRMLS #TB8387051

$749,900
05/17/2025

Withdrawn

MFRMLS #TB8324293

$840,000
05/16/2025

Listed (Active)

MFRMLS #TB8387051

$749,900
01/14/2025

Price Change

MFRMLS #TB8324293

$874,000
12/01/2024

Listed (Active)

MFRMLS #TB8324293

$879,000
03/08/2017

Sold

MFRMLS #A4166939

$317,000
03/03/2017

Sold (Public Record)

Public Record #596039100

$317,000
02/14/2017

Pending

MFRMLS #A4166939

—
10/17/2016

Listed (Active)

MFRMLS #A4166939

$339,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5108 Commonwealth Road

Taxable ValueLand$267,750Additions$279,040Total$546,790
Tax Record2024$4,293 ($358 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,519 SqFtAbove Grade Finished SqFt1,519 SqFtStories1Lot Size9,120 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated1990ZoningRSF-4.5CountyMANATEEAPN22213.0000-3

Schools near 5108 Commonwealth Road

This home is within Manatee.
Rating
School
Type
Grades
Distance
Palm View Elementary School
Public - PK to 8
Palmetto High School
Public - 9 to 12
Lakewood Ranch Preparatory Academy
Charter - K to 12
Easter Seals
Public - PK to 12
Rating
School
Distance
Palm View Elementary School
PublicPK to 8

Palmetto High School
Public9 to 12

Lakewood Ranch Preparatory Academy
CharterK to 12

Easter Seals
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5108 Commonwealth Road, Palmetto, FL 34221

5108 Commonwealth Road is a single family home for sale in Palmetto, FL 34221. This property was listed for sale on September 12, 2025 by MARK SPAIN REAL ESTATE, it's currently listed at $650,000. It has been on the market for a total of 137 days and was last sold on March 8, 2017. This listing's school district is Manatee. Nearby schools include Palm View Elementary School, Palmetto High School and Lakewood Ranch Preparatory Academy. 5108 Commonwealth Road is a 2-bed, 2-bath, 1,519 sqft single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MARK SPAIN REAL ESTATE, Chris Sakamoto

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.