5003 Commonwealth Road, Palmetto, FL 34221
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: tim lester
Office: tim lester internat'l realty
MLS#:A4679863
Source:MFRMLS
Price summary
- Price:$948,000
- Price per sq. ft.:$215.95
About this home
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.
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Home facts
- Year built:1965
- Subdivision & Development:PALMETTO SKYWAY REP
- Listing ID #:A4679863
- Added:210 day(s) ago
- Updated:August 25, 2026 at 01:09 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Epoxy, Tile
- Dining Description:Eat In Kitchen, L Shaped
- Kitchen Description:Dishwasher, Disposal, Eat-in Kitchen, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Walk-In Closet(s)
- Living area:1,851 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1965
- Building area:1,851 sq. ft.
- Lot area:0.41 Acres
- Lot Features:Cleared, Flood Zone, Oversized, Paved, Unincorporated
- Architectural Style:Ranch
- Construction Materials:Block, Stucco
- Exterior Features:Covered Porch/Patio, Enclosed, Rain Gutters, Rear Porch, Screened
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$948,000
- Price per sq. ft.:$215.95
- Tax amount:$4,847 (2024)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Irrigation Equipment, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:Ceiling Fans(s), Eat-in Kitchen, Irrigation Equipment, L Dining, Solid Surface Counters, Sprinkler Well, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Attached Garage, Boat, Driveway, Guest, Oversized, RV Access/Parking
- Garage:Yes
- Garage spaces:2
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