5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

$998,0003 Beds3 Baths1,851 Sq. Ft.$539 / sq. ft.

PALMETTO, FL 34221 · MLS# A4679863 · Active · PALMETTO SKYWAY REP

Status
Active
Type
Single Family Residence
Year Built
1965
Days on Market
134
Lot Size
17,999 sqft
MLS #
A4679863
County
Manatee

Description of 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.

Property Details for 5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

Bathrooms Full
3
Bathrooms Half
0
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
Flooring
Carpet, Epoxy, Porcelain Tile
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Architectural Style
Ranch
Garage Spaces
2
Attached Garage
Yes
Parking Features
Boat, Driveway, Guest, Oversized, RV Parking
Pool Private
No
Property Condition
Completed
Direction Faces
East

Building Information for 5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

Building Area Total
4390
Building Area Units
Square Feet
Association
No
Pets Allowed
Yes

Property Information for 5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

Lot Features
Cleared, FloodZone, In County, Oversized Lot, Street Dead-End, Unincorporated
Lot Size Square Feet
17,999
Waterfront
Yes
Waterfront Features
Bay/Harbor Front, Waterfront, Canal - Saltwater
View
Water
Construction Materials
Block, Stucco
Roof
Shingle
Exterior Features
Hurricane Shutters, Irrigation System, Rain Gutters
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

Parcel Number
2223600004
Tax Annual Amount
$4,847
Tax Year
2024
Tax Legal Description
LOTS 153 & 154 PALMETTO SKYWAY REPLAT PI#22236.0000/4
Zoning
RSF4.5/C
County Or Parish
Manatee

Payment Calculator

Estimated Payment
$5,949/mo
Principal & Interest
$5,046
Property Taxes
$404
Home Insurance
$499

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

5003 COMMONWEALTH ROAD, PALMETTO, FL 34221 · See all Palmetto homes for sale

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More information about 5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

5003 COMMONWEALTH ROAD is a single family home for sale in PALMETTO, FL 34221. This property was listed for sale on January 23, 2026 by TIM LESTER INTERNAT'L REALTY, it's currently listed at $998,000. This listing's school district is Manatee Public Schools. 5003 COMMONWEALTH ROAD is a 3-bed, 3-bath, 1,851 sqft single family home built in 1965.