$1,098,000

5003 COMMONWEALTH ROAD, Palmetto, FL 34221

3 beds |
3 baths |
1,851 sqft

Single-Family Home
Built in 1965
0.41acre lot
2 car garage
$593/sqft
Listed 18 days ago

Property Description

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 Status:: Active
Date Added:: January 26, 2026
Data Last Updated:: February 10, 2026 at 7:22AM
Listing Office:: TIM LESTER INTERNAT'L REALTY : 941-981-5388
Listing Agent:: Tim Lester : 941-981-5388
MLS ID:: A4679863

General: Ceiling Fans(s)Eat-in KitchenL DiningSolid Surface CountersWalk-In Closet(s)Window Treatments
Rooms: Bonus RoomDen/Library/OfficeInside Utility
Appliances: DishwasherDisposalDryerElectric Water HeaterRangeRefrigeratorWasher
Laundry: InsideLaundry Room
Flooring: CarpetEpoxyTile
A/C: Central Air
Heating: Central

General: Hurricane ShuttersRain Gutters
Style: Ranch
Other Structures: EnclosedRear PorchScreenedCovered
Parking: BoatDrivewayGuestOversizedRV Access/Parking

Roofing: Shingle
Windows: Skylight(s)BlindsDouble Pane WindowsInsulated WindowsWindow Treatments
General: BlockStuccoOneSlab

Road/Access: Paved
HOA Amenities: None
Originating MLS: Stellar MLS
County: Manatee

Zoning: RSF4.5/CLOTS 153 & 154 PALMETTO SKYWAY REPLAT PI#22236.0000/42223600004
View: Water
Fencing: Chain Link

Utilities: Electricity ConnectedPublicSprinkler WellWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Tim Lester , TIM LESTER INTERNAT'L REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Palm View K-8 School

6025 Bayshore Rd, Palmetto, FL, 34221

Grades PK-8

1.11 miles away

Palm View K-8 School

6025 Bayshore Rd, Palmetto, FL, 34221

Grades PK-8

1.11 miles away

Palmetto High School

1200 17th St W, Palmetto, FL, 34221

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.