5003 COMMONWEALTH ROAD Palmetto, FL $ 1,098,000
5003 COMMONWEALTH ROAD
$ 1,098,000
Recently Listed
Share Save

5003 COMMONWEALTH ROAD

Palmetto, FL, 34221
$ 1,098,000
Bedrooms3 Baths3.0 Sq 1,851

Monthly Estimate*

$ 6,761

5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 1
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 2
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 3
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 4
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 5
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 6
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 7
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 8
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 9
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 10
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 11
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 12
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 13
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 14
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 15
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 16
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 17
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 18
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 19
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 20
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 21
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 22
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 23
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 24
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 25
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 26
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 27
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 28
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 29
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 30
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 31
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 32
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 33
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 34
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 35
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 36
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 37
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 38
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 39
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 40
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 41
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 42
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 43
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 44
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 45
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 46
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 47
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 48
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 49
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 50
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 51
5003 COMMONWEALTH ROAD, Palmetto, FL 34221 - Image 52
View a Virtual Tour

Single Family Home for sale in Palmetto, FL

for $1,098,000 with 3 bedrooms and 3 full baths. This 1,851 square foot home was built in 1965 on a lot size of 0.41.

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.

See more

Single Family Active

Price

$ 1,098,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,847

Style

Ranch

Lot Size

0.41

Year Built

1965

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4679863

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Public Sprinkler Well Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Disposal Dryer Electric Water Heater Range Refrigerator Washer
Zoning RSF4.5/C
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Covered Enclosed Rear Porch Screened
Architectural Style Ranch
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1965
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Bay/Harbor Front Waterfront Canal - Saltwater
Community Features Bay/Harbor Front Community Boat Ramp Dock Fishing Water Access Waterfront Dog Park Golf Carts OK
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PALMETTO SKYWAY REP
Facing Direction East
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Active
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.
City PALMETTO
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 17999
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4847
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://listings.gatorgazemedia.com/sites/mzlgkjm/unbranded https://listings.gatorgazemedia.com/videos/019bf799-622f-71c3-9d3e-306e4d7e93c2
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 153
Legal Description LOTS 153 & 154 PALMETTO SKYWAY REPLAT PI#22236.0000/4
Water View Bay/Harbor - Partial Canal
Water Access Type Canal - Saltwater
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Bonus Room Den/Library/Office Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N false
See more
Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen L Dining Skylight(s) Solid Surface Counters Walk-In Closet(s) Window Treatments
Flooring Carpet Epoxy Porcelain Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Insulated Windows Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 3
See more
Exterior
Exterior Amenities Hurricane Shutters Irrigation System Rain Gutters
Fencing Chain Link
Parking Features Boat Driveway Guest Oversized RV Parking
Lot Features Cleared FloodZone In County Oversized Lot Street Dead-End Unincorporated
Water Source Public
Lot Size Area 17999
Foundation Details Slab
Building Area Total 4390
Lot Size Acres 0.41
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Dead-End Street Paved
See more
* Excluded Features
List By
Tim Lester Internat'l Realty

Broker

tim@timlesterrealty.com

Email

Affordability Calculator

$7,164
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,761
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2026$1,098,000 Listed Price

Map


See all

5003 COMMONWEALTH ROAD, Palmetto, FL, 34221 is a Single Family Home for sale at $1,098,000 with 1,851 sqft and a lot size of 0.41. 5003 COMMONWEALTH ROAD has 3 bedrooms, 3.0 baths, and was built in 1965. The property's zip code is 34221 which is in Palmetto, FL