5003 Commonwealth Road, Palmetto, FL 34221

Palmetto
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5003 Commonwealth Road,Palmetto, FL 34221
$1,098,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,851 sq. ft.
  • Single family
  • Active
Listed by: tim lester
Office: tim lester internat'l realty
MLS#:A4679863
Source:MFRMLS

Price summary

  • Price:$1,098,000
  • Price per sq. ft.:$250.11

About this home

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.

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Home facts

  • Year built:1965
  • Listing ID #:A4679863
  • Added:119 day(s) ago
  • Updated:May 26, 2026 at 12:07 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:$1,098,000
  • Price per sq. ft.:$250.11
  • 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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