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5003 Commonwealth Road, Palmetto, FL

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$948,000

($512/sqft)

List Status: Active
5003 Commonwealth Road
Palmetto, FL 34221


3 beds
3 baths
1851 living sqft
Top Features
  • Frontage: Canal - Saltwater
  • View: Water
  • Subdivision: Palmetto Skyway Rep
  • Built in  1965
  • Single Family Residence
Description
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.
Property Details
Property Features
Property Sub Type
Single Family Residence
View
Water
Frontage
Canal - Saltwater
Parking
Oversized, Driveway, Guest, RV Access/Parking, Boat
County
Manatee
Subdivision
PALMETTO SKYWAY REP
Additional Information
Additional Lease Restrictions
Verify all leasing restrictions with Manatee County.
Additional Parcels YN
false
Additional Rooms
Bonus Room, Den/Library/Office, Inside Utility
Alternate Key Folio Num
2223600004
Amenities Additional Fees
Use of the community boat ramp requires a yearly fee.
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Architectural Style
Ranch
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
3
Building Area Source
Public Records
Building Area Total
4390
Building Area Total Srch SqM
407.84
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
512.16
Carport YN
false
Community Features
Dog Park, Golf Carts OK
Construction Materials
Block, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
204
Current Price
948000.00
Direction Faces
East
Exterior Features
Hurricane Shutters, Rain Gutters
Fencing
Chain Link
Fireplace YN
false
Flood Zone Code
AE
Flood Zone Date
2021-08-10
Flood Zone Panel
12081C0162F
Flooring
Carpet, Epoxy, Tile
Foundation Details
Slab
Furnished
Unfurnished
Garage Dimensions
21x34
Garage Spaces
2
Garage YN
true
Heating
Central
Homestead YN
1
Interior Features
Ceiling Fans(s), Eat-in Kitchen, L Dining, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
171.96
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Cleared, FloodZone, In County, Oversized Lot, Street Dead-End, Paved, Unincorporated
Lot Size Acres
0.41
Lot Size Square Feet
17999
Lot Size Square Meters
1672
Minimum Lease
No Minimum
Modification Timestamp
2026-08-18T14:09:10.556Z
New Construction YN
false
Occupant Type
Owner
Other Equipment
Irrigation Equipment
Ownership
Fee Simple
Parcel Number
2223600004
Patio And Porch Features
Covered, Enclosed, Rear Porch, Screened
Pet Restrictions
Verify all pet restrictions with Manatee County.
Pets Allowed
Yes
Pool Private YN
false
Postal Code Plus 4
8774
Previous List Price
998000
Price Change Timestamp
2026-08-18T12:55:45.000Z
Property Attached YN
false
Property Condition
Completed
Public Survey Range
17
Public Survey Section
35
RATIO Current Price By Calculated SqFt
512.16
Realtor Info
As-Is, See Attachments, Sign
Road Surface Type
Paved
Roof
Shingle
Room Count
10
SW Subdiv Community Name
Palmetto Skyway
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only, Combination Lock Box, See Remarks, ShowingTime
Status Change Timestamp
2026-01-26T20:25:00.000Z
Tax Annual Amount
4847
Tax Book Number
12-15
Tax Legal Description
LOTS 153 & 154 PALMETTO SKYWAY REPLAT PI#22236.0000/4
Tax Lot
153
Tax Year
2024
Total Acreage
1/4 to less than 1/2
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
33
Universal Property Id
US-12081-N-2223600004-R-N
Unparsed Address
5003 COMMONWEALTH RD
Utilities
Electricity Connected, Public, Sprinkler Well, Water Connected
Water Access
Canal - Saltwater
Water Access YN
1
Water Extras
Bridges - No Fixed Bridges, No Wake Zone, Sailboat Water, Seawall - Concrete
Water Extras YN
1
Water Frontage Feet Canal Saltwater
150
Water Source
Public
Water View
Bay/Harbor - Partial, Canal
Water View YN
1
Waterfront Feet Total
150
Waterfront YN
true
Window Features
Skylight(s), Blinds, Double Pane Windows, Insulated Windows, Window Treatments
Zoning
RSF4.5/C
Neighborhood Map
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MLS #MFRA4679863 Listing courtesy of Tim Lester Internat'l Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 10/3/26 12:33 AM) |

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