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5003 COMMONWEALTH ROAD
PALMETTO FL 34221 US

$1,098,000

Active Listing ID A4679863
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3 bed
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3.00 Bath (3 Full)
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Lot: 0.41 Acres
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Single Family Residence

$1,098,000

Active Listing ID A4679863
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5003 COMMONWEALTH ROAD 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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Property Features

  • Facts
  • Lot Size: 0.41 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air
  • Exterior Finish: Paved, Fencing, Hurricane Shutters, Rain Gutters
  • Floor Covering: Carpet, Tile
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1098000
  • unparsedaddress: 5003 COMMONWEALTH ROAD
  • postalcity: PALMETTO
  • stateorprovince: FL
  • country: US
  • postalcode: 34221
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.41
  • lotsizeunits: Acres
  • lotsizearea: 0.41
  • livingarea: 1851
  • livingareaunits: Square Feet
  • latitude: 27.559009
  • longitude: -82.573222
  • listagentfullname: Tim Lester
  • listagentemail: tim@timlesterrealty.com
  • listagentkey: 3yd-MFRMLSFL-266506267
  • listagentmlsid: 266506267
  • listagentpreferredphone: 9419815388
  • listagentofficephone: 9419815388
  • listofficekey: 3yd-MFRMLSFL-266509987
  • listagentstatelicense: 3101382
  • listofficemlsid: 266509987
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1965
  • listingcontractdate: 2026-01-23
  • listagenturl: http://manateehomelink.com
  • countyorparish: Manatee
  • parcelnumber: 2223600004
  • appliances: Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Block, Stucco
  • flooring: Carpet, Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Boat, Driveway, Garage, Garage - Attached, Guest, Oversized, RV
  • roof: Shingle
  • waterfrontyn: True
  • interiorfeatures: Ceiling Fans(s), Eat-in Kitchen, L Dining, Solid Surface Counters, Walk-in Closet(s), Window Treatments
  • exteriorfeatures: Paved, Fencing, Hurricane Shutters, Rain Gutters
  • waterfrontfeatures: Canal - Saltwater, Waterfront
  • architecturalstyle: Ranch
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Den, Dining Room, Game Room, Kitchen, Living Room, Office
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.57322, 27.55901
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Tim Lester International Realty Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tim@timlesterrealty.com", "ListBrokerageCity":"Palmetto", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@manateehomelink.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Tim Lester International Realty Inc.", "ListBrokeragePhone":"(941) 524-8465", "ListBrokeragePostalCode":"34221", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5011 Beacon Road", "ListBrokerageWebsiteUrl":"http://manateehomelink.com", "ListOfficeAddress1":"919 6th St W", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Palmetto", "ListOfficeCountry":"US", "ListOfficeEmail":"tim@timlesterrealty.com", "ListOfficePostalCode":"34221", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence, Ranch - PALMETTO, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5003-Commonwealth-Rd_Palmetto_FL_34221_M67770-92415?f=listhub&s=MFRMLSFL&m=A4679863&c=rexren", "MLSModificationTimestamp":"2026-01-26T15:27:10Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4847, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/26/2026 11:09:36 PM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Tim Lester, TIM LESTER INTERNAT'L REALTY, tim@timlesterrealty.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.