$1,098,000
5003 Commonwealth Road Palmetto, FL 34221
For Sale MLS# A4679863
3 beds 3 baths 1,851 sq ft Single Family
Details for 5003 Commonwealth Road
MLS# A4679863
Description for 5003 Commonwealth Road, Palmetto, FL, 34221
Welcome to your private tropical retreat on Terra Ceia Bay! 5003 Commonwealth Road sits on a rare double lot 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 Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 3
Bathrooms: 3
Lot Size: 0.41 Acres
Square Feet: 1,851 sq ft
Year Built: 1965
Garage: Yes
Stories: 1 Story
Construction: Block,Stucco
Construction Display: New Construction
Subdivision: Palmetto Skyway Rep
Foundation: Slab
County: Manatee
Construction Status: New Construction
Room Information
Main Floor
Porch: 43x9
Living Room: 18x14
Bedroom 3: 11x10
Bedroom 2: 25x11
Primary Bedroom: 15x11
Office: 14x8
Game Room: 16x15
Den: 20x11
Kitchen: 14x10
Dining Room: 10x8
Bathrooms
Full Baths: 3
Additonal Room Information
Laundry: Inside, Laundry Room
Interior Features
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Flooring: Carpet,Epoxy,Porcelain Tile
Doors/Windows: Blinds, Window Treatments, Skylight(s), Insulated Windows, Double Pane Windows
Additional Interior Features: Ceiling Fan(s), Eat-In Kitchen, Living/Dining Room, Walk-In Closet(s), Window Treatments, Solid Surface Counters, Skylights
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Municipal Utilities,Water Connected
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: driveway, Guest, Oversized, Boat, RV Access/Parking
Roof: Shingle
Lot View: Bay,Canal,Water
Fencing: Chain Link
Additional Exterior/Lot Features: Sprinkler/Irrigation, Rain Gutters, Storm/Security Shutters, Rear Porch, Enclosed, Screened, Covered, Cleared, Dead End, Oversized Lot, Flood Zone, Outside City Limits
Waterfront Details
Water Front Features: Canal Access
Community Features
Community Features: Dog Park, Dock, Water Access, Golf Carts OK, Fishing, Boat Facilities, Waterfront
Driving Directions
US-41 BUS N, Merge onto US-19 N, Turn left onto 50th St W, Slight left onto Palmetto Point Dr, Turn right onto Commonwealth Rd, Home will be on the left.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 2223600004
Tax Amount: 4847
Tax Year: 2024
A broker reciprocity listing courtesy: TIM LESTER INTERNAT'L REALTY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5003 Commonwealth Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5003 Commonwealth Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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