$948,000

5003 Commonwealth RdPalmetto, FL 34221

  • 3 beds
  • 3 baths
  • 1,851 sqft
  • 0.41 acres
  • 286 days on market

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.

Virtual tour

Facts

Property type
Single Family Residence
Year built
1965
Garage spaces
2
Lot size
0.41 acres
Pool
No
Waterfront
Yes
Water view
Bay/Harbor - Partial,Canal
Subdivision
PALMETTO SKYWAY REP
Community
Palmetto Skyway
County
Manatee
CDD
0
Annual taxes
$4,847 (2024)
Flood zone
AE
Pets
Yes
New construction
No
MLS #
A4679863

Features

Interior
Ceiling Fans(s), Eat-in Kitchen, L Dining, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring
Carpet, Epoxy, Tile
Heating
Central
Cooling
Central Air
Exterior
Hurricane Shutters, Rain Gutters
Patio & porch
Covered, Enclosed, Rear Porch, Screened
Parking
Boat, Driveway, Guest, Oversized, RV Access/Parking
Construction
Block, Stucco
Roof
Shingle
Lot
Cleared, FloodZone, In County, Oversized Lot, Street Dead-End, Paved, Unincorporated
View
Water
Community features
Dog Park, Golf Carts OK
Utilities
Electricity Connected, Public, Sprinkler Well, Water Connected
Water
Public
Sewer
Public Sewer

Location

Stellar MLS Listing courtesy of TIM LESTER INTERNAT'L REALTY. MLS # A4679863.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-05 12:15 AM EST.