Residential Property - Single Family Residence in Palmetto
Listing Price: $650,000 (Mortgage Calculator →)Cumulative Days on Market: 242
Description of Property
Some photos have been virtually staged. Welcome to Bay Colony, a sought-after waterfront community nestled along the deep-water canals of Terra Ceia Bay. This beautifully updated two-bedroom, two-bath residence with a flex room and one-car garage combines timeless finishes with modern conveniences in a prime location. Ideally situated between St. Petersburg and Sarasota, the community offers quick access to I-275, I-75, US-41, and US-19. Within just 30 minutes, you’ll reach world-class dining, shopping, cultural events, and Gulf Coast beaches. Inside, the home showcases a bright and open floor plan where the living and dining areas flow seamlessly together—perfect for both everyday living and entertaining. Luxury vinyl plank flooring extends throughout, providing durability and style. The chef’s kitchen is a standout, appointed with shaker cabinetry, quartz countertops, a deep farmhouse sink, stainless steel appliances, and a natural gas range. A spacious walk-in pantry provides exceptional storage and organization. A sun-filled Florida Room with expansive windows and French doors opens to the back patio and yard, offering a versatile space for lounging, entertaining, or simply enjoying the view. The primary suite features abundant closet space, natural light, and a beautifully updated ensuite bath with a quartz-topped vanity and walk-in shower. A private flex space off the primary bedroom is ideal for a studio, nursery, or fitness room. A second bedroom and full bath, located across the hall, provide comfort and privacy for guests. The secondary bath includes a pedestal sink, full-size soaking tub, and built-in storage. For boating enthusiasts, this property is truly special. A 27’ SeaRay boat conveys with the home, resting on a 12,000-lb lift. The composite dock, complete with water and electricity, makes waterfront living effortless. Spend evenings exploring the waterways and taking in breathtaking Florida sunsets—all from your own backyard. Don’t miss the opportunity to make 5108 Commonwealth Rd your new home. Schedule your private showing today!
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,847
Garage: Yes1 vehicles
Carport: No
Parking Features:
Spa Features:
Water Frontage: Canal - Saltwater
Water Features: Boat Ramp - Private
Water Access: Canal - Saltwater
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Palmetto
County: Manatee
Subdivision: Palmetto Skyway Rep
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,847
Sq. Ft. Living Area: 1,519
Cost per (heated) sqare foot: $428
Year built: 1963
Annual Tax: $4,293
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Vinyl
Schools
Elementary School: Palm View Elementary
Middle/Junior High School: Buffalo Creek Middle
High School: Palmetto High
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Rain Gutters
Garage: Yes
Garage Spaces: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.21
Lot Size (sq. ft.): 9,121 square feet
Lot Dimensions: 76 x 120
Front Exposure: West
Legal Description & Other Information
Parcel Number: 2221300003
Zoning: RSF4.5/C
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 132 PALMETTO SKYWAY REPLAT PI#22213.0000/3
Section: 35
Range: 17E
Listing courtesy of MARK SPAIN REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.