5003 Commonwealth Road PALMETTO, FL 34221-8774
3
Beds
3
Baths
1,851
Square feet
0.41
Acres
$948,000
About 5003 Commonwealth Road
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.
Residential home for sale in PALMETTO, FL at 5003 Commonwealth Road. This 3 bedroom Residential home is priced at $512/sqft
Features of 5003 Commonwealth Road
| MLS® # | A4679863 |
|---|---|
| Price | $948,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,851 |
| Acres | 0.41 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information: Palmetto
| Address | 5003 Commonwealth Road |
|---|---|
| Area | Palmetto/Rubonia |
| Subdivision | PALMETTO SKYWAY REP |
| City | PALMETTO |
| County | Manatee |
| State | FL |
| Zip Code | 34221-8774 |
Amenities of 5003 Commonwealth Road
| Parking | Boat, Driveway, Guest, Oversized, RV Parking |
|---|---|
| # of Garages | 2 |
| View | Water |
| Is Waterfront | Yes |
| Waterfront | Bay/Harbor Front, Waterfront, Canal - Saltwater |
| Has Pool | No |
| Senior Community | No |
Interior of 5003 Commonwealth Road
| Interior Features | Ceiling Fan(s), Eating Space In Kitchen, L Dining, Skylight(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Furnished | Unfurnished |
Exterior of 5003 Commonwealth Road
| Exterior Features | Hurricane Shutters, Irrigation System, Rain Gutters |
|---|---|
| Lot Description | Cleared, FloodZone, In County, Oversized Lot, Street Dead-End, Unincorporated |
| Roof | Shingle |
| Foundation | Slab |
Additional Information On 5003 Commonwealth Road
| Date Listed | January 26th, 2026 |
|---|---|
| Days on Market | 304 |
| Zoning | RSF4.5/C |
| Flood Zone Code | AE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | TIM LESTER INTERNAT'L REALTY |
|---|