Virtual TourMap

For SaleSingle Family ResidenceActive

5003 Commonwealth Road

Palmetto, FL 34221

$948,000

283 Days On Site

  • 3Beds
  • 3Baths3 full
  • 1,851Sq Ft
  • $512Per Sq Ft
  • 0.41Acres
  • 1965Built
Subdivision
Palmetto Skyway Rep
County
Manatee
MLS®
A4679863

Overview

Welcome to your private tropical retreat on Terra Ceia Bay! 5003 Commonwealth Road sits on two 75 foot lots offering an impressive 150 feet of deep-water frontage along the pristine, shimmering waters of Terra Ceia Bay. This is the kind of setting where palm trees sway, dolphins pass by, and sunsets never get old.

Lovingly maintained by the same family since 1965, this 3-bedroom, 3-bath home is filled with character and pride of ownership. With nearly 4,400 square feet under roof, the home provides generous indoor and outdoor living spaces—perfect for entertaining, relaxing, or creating your own coastal compound.

The expansive property spans two lots totaling 150 feet of seawall, opening the door to endless possibilities: enjoy it as-is, expand, or reimagine the space into a true waterfront estate. Whether you’re boating, fishing, or simply soaking in the tranquil bay breezes, this is Florida waterfront living at its finest.

Listing Snapshot

Price
$948,000
Days On Site
283 Days
Bedrooms
3
Inside Area (SqFt)
1,851 sqft
Total Baths
3
Full Baths
3
Partial Baths
0
Lot Size
0.41 Acres
Year Built
1965
MLS® Number
A4679863
Status
Active
Property Tax
$4,847 (2024)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

16 items
Acres
0.41
Attached Garage
Yes
Direction Faces
East
Foundation
Slab
Garage
Yes
Garage Spaces
2
Levels
One
Parking
Boat, Driveway, Guest, Oversized, RV Access/Parking, Attached
Pets
Yes
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
4,390
Style
Ranch
Utilities
Electricity Connected, Water Connected
Water Source
Public
Zoning
RSF4.5/C

Interior Features

18 items
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Cooling
Central Air
Flooring
Carpet, Tile
Furnished
Unfurnished
Heating
Central
Interior
Eat-in Kitchen, Walk-In Closet(s)
Laundry Features
Inside, Laundry Room
Window Features
Window Coverings, Skylight(s), Blinds, Double Pane Windows, Insulated Windows, Window Treatments

Rooms

RoomDimensionsLevelFeatures
Balcony/Porch/Lanai9x43First
Bedroom 211x25First
Bedroom 310x11First
Den11x20First
Dining Room8x10First
Game Room15x16First
Kitchen10x14First
Living Room14x18First
Master Bedroom11x15First
Office8x14First

Exterior Features

11 items
Construction Details
Block, Stucco
Exterior
Rain Gutters
Fencing
Chain Link
Lot Features
Cleared, Paved, Waterfront
Patio And Porch
Covered, Enclosed, Rear Porch, Screened
Roof
Shingle
View
Canal, Water
Waterfront
Yes
Waterfront Features
Canal Front
Waterview
Canal, Water
Windows/Doors
Window Coverings, Skylight(s), Blinds, Double Pane Windows, Insulated Windows, Window Treatments

Community Features

4 items
MLS Area
34221 - Palmetto/Rubonia
Township
33
Financing Terms Available
Cash, Conventional, FHA, VA Loan
Roads
Paved

Location

5003 Commonwealth Road, Palmetto, FL 34221 · 34221 - Palmetto/Rubonia

$5.5M$2.2M
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Neighborhood & Commute

ZIP Code 34221

Median household income
$71,767
Income per person
$39,843
Households
21,343
Average household size
2.49
Median age
46.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $948,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

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Listing courtesy of TIM LESTER INTERNAT'L REALTY (941) 981-5388

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-06 02:55 PM EST

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