5003 Commonwealth Rd, Palmetto, FL 34221 | For Sale

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For Sale $1,098,000 ($593.19 per Sq Ft)

$1,098,000 ($593.19 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 3 Bathrooms
  • 1,851 Sq Ft
  • 17,999 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,098,000
Property Type Single Family Homes
Usable Sqft 1,851
Number of Stories 0 stories
Parking Spots 2 spots
Year Built 1965
Last Sold Unknown
Sold Price Unknown
APN # 2223600004
MLS # A4679863
Property ID 298974282
Lot Sqft 17,999
Zoning RSF4.5/C
Days on Market 125
Original List Price $1,098,000
Applicances Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer%
Date Updated March 30, 2026
Date Created January 23, 2026
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Listing Provided By

Tim Lester an agent of . Lic #3101382


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 30, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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