5003 COMMONWEALTH ROAD
Active
+47

$998,000

3 beds3 baths1,851 sqft|A4679863 MLS#

5003 COMMONWEALTH ROAD, PALMETTO, FL 34221

Est.$5,988/moGet pre-qualified

Residential

Single Family Residence

Built in

1965

Lot size

0.41 Acres

Price/sqft

$539

HOA

None

Preferred Real Estate Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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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Facts & features

Bedrooms & bathrooms

  • Bedrooms:3
  • Bathrooms:3
  • Full bathrooms:3

Heating

  • Has Heating:Central

Cooling

  • Has Cooling:Central Air

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Range

Interior area

  • Total structure area:1,851 sqft
  • Total interior livable area:1,851 sqft

Parking

  • Parking features:Boat, Driveway, Guest, Oversized, RV Parking
  • Garage spaces:2
  • Has attached garage:Yes

Lot

  • Size:0.41 Acres

Details

  • Parcel number:2223600004

Type & style

  • Home type:Residential
  • Property subtype:Single Family Residence

Materials

  • Block
  • Stucco

Condition

  • Year built:1965

Contact agent

Price history

DateEventPrice
2026-01-23Listed for sale$998,000$539/sqft

Listed by: Tim Lester, TIM LESTER INTERNAT'L REALTY 941-981-5388

Source:Stellar MLS|Provided by Slipstream

Source: MLS #A4679863