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.
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.
Property Details
Price:
$998,000
MLS #:
A4679863
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMETTO SKYWAY REP
Neighborhood:
34221palmettorubonia
Listed Date:
Jan 26, 2026
Finished Sq Ft:
1,851
Total Sq Ft:
4,390
Lot Size:
17,999 sqft / 0.41 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Epoxy, Porcelain Tile
Heating
Central
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, L Dining, Skylight(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Architectural Style
Ranch
Attached Garage YN
1
Community Features
Bay/Harbor Front, Community Boat Ramp, Dock, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
Construction Materials
Block, Stucco
Covered Spaces
2
Direction Faces
East
Exterior Features
Hurricane Shutters, Irrigation System, Rain Gutters
Fencing
Chain Link
Garage Spaces
2
Lot Features
Cleared, FloodZone, In County, Oversized Lot, Street Dead-End, Unincorporated
Open Parking YN
1
Parking Features
Boat, Driveway, Guest, Oversized, RV Parking
Patio And Porch Features
Covered, Enclosed, Rear Porch, Screened
Roof
Shingle
View
Water
Waterfront Features
Bay/Harbor Front, Waterfront, Canal – Saltwater
Window Features
Blinds, Double Pane Windows, Insulated Windows, Window Treatments
Financial
HOA Includes
None
Tax Year
2024
Taxes
$4,847
Map
Community
- Address5003 COMMONWEALTH ROAD PALMETTO FL
- SubdivisionPALMETTO SKYWAY REP
- CityPALMETTO
- CountyManatee
- Zip Code34221
Subdivisions in PALMETTO
- 00000000000
- 1050; N 1/4 OF 15/34/17
- A D COXS
- A R ANTHONYS SUB OF PT SEC14&23 T34 R17
- ACREAG0001
- ACREAGE
- ACREAGE & UNREC
- ALEXANDERS RESUBDIVIDED
- ALLENS SUB OF LT ATZROTHS AD TO PALMET
- AMBER GLEN
- ARBOR CREEK
- ARTISAN LAKES
- ARTISAN LAKES EAVE’S BEND PH 1
- ARTISAN LAKES EAVES BEND PH I SP A-K
- ARTISAN LAKES EAVES BEND PH II SUBPH A,
- ARTISAN LAKES EDGESTONE
- ARTISAN LAKES EDGESTONE NORTH PH I & II
- ARTISAN LAKES ESPLANADE PH I SP A-D
- ARTISAN LAKES ESPLANADE PH II
- ARTISAN LAKES ESPLANADE PH III SP A-E
- ARTISAN LAKES ESPLANADE PH IV SUBPH A, B,
- ARTISAN LAKES ESPLANADE PH IV SUBPH A,B,
- ARTISAN LAKES ESPLANADE PH V SUBPH A1 A2
- ARTISAN LAKES ESPLANADE PH V SUBPH B & C
- ARTISAN LAKES ESPLANDE
- ARTISAN LAKES PRCL J PH 1 & 2
- ARTISAN LAKES PRCL J PH 2A, 2B & 2C
- ARTISAN LAKES PRCL J PH I & II
- ATZROTH ADD TO PALMETTO
- BAHIA VISTA
- BARWICKS OF NEW MEMPHIS
- BAY CLUB PH II
- BAY ESTATES NORTH
- BAY VIEW PARK
- BAY VIEW PARK REV
- BAYOU ESTATES NORTH IIA & IIB
- BAYOU ESTATES SOUTH
- BEL MARE
- BEL MARE PH I
- BEL MARE PH II
- BOCCAGE
- BONITA VISTA APARTMENTS
- BURKES
- CAPTAINS COURT
- COASTERRA
- COLONIAL MANOR MOBILE HOME PARK
- COURTNEYS RESUB
- COVE AT COASTERRA
- CRYSTAL LAKES
- CRYSTAL LAKES II
- CYPRESS POND ESTATES
- DEER RUN AT PALM VIEW
- EAST PALMETTO
- EAVES BEND @ ARTISAN LAKES
- EDGESTONE AT ARTISAN LAKES
- EDGESTONE NORTH AT ARTISAN LAKES
- ERIE RD/MENDOZA/MOCASSIN WALLOW
- ESPLANADE AT COASTERRA
- ESPLANADE NORTH AT ARTISAN LAKES SUBPH I
- ESTHERS COURT
- FAIRWAY OAKS PH 1
- FAIRWAY OAKS PH I, II & III
- FAIRWAY PALMS
- FAIRWAYS AT IMPERIAL LAKEWOODS 1A2,1B&2B
- FAIRWAYS AT IMPERIAL LAKEWOODS 2A, 3B&3C
- FAIRWAYS AT IMPERIAL LAKEWOODS 2A,3B&3C
- FAIRWAYS AT IMPERIAL LAKEWOODS 3A
- FRESH MEADOWS PH I
- FRESH MEADOWS PH II
- FRESH MEADOWS SUB PH II
- GILLETTE GROVE
- GLENWOOD ACRES UNIT ONE
- GRANDE VILLA ESTATES
- GULF & BAY ESTATES
- GULF & BAY ESTATES BLK 3
- GULF & BAY ESTATES BLOCKS 4-7
- GULF & BAY ESTATES UNIT 4 CORR
- GULF & BAY ESTS
- GULL CAY
- H W HARRISON
- HAMMOCKS AT RIVIERA DUNES
- HEATHER GLEN
- HERITAGE BAY
- HERON BAY
- IMPERIAL LAKES
- IMPERIAL LAKES ESTATES
- IMPERIAL LAKES ESTATES UNIT I
- IMPERIAL LAKES ESTATES UNIT II
- IMPERIAL LAKES ESTATES UNIT III
- IMPERIAL LAKES RESIDENTIAL
- ISLAND AT RIVIERA DUNES
- J T FLEMINGS PALMETTO SUB
- JACKSON CROSSINGS PH I
- JACKSON XING PH I
- JACKSON XING PH II
- JET MHP CO-OP UR0/0
- JET MOBILE HOME PARK SEC ONE CO-OP
- JET PARK MOBILE HOME PARK
- LAGUNA AT RIVIERA DUNES I
- LAGUNA AT RIVIERA DUNES II
- LAGUNA AT RIVIERA DUNES III
- LAGUNA AT RIVIERA DUNES III OR2166/1285
- LAGUNA AT RIVIERA DUNES IV
- LAKE PARK
- LAKE VIEW ACRES
- LAMBS FRACTIONAL SUB
- LAMP POST PLACE PH I
- LAMP POST PLACE PH II
- LANTANA VILLAS SUB
- LEISURE LAKE MHP CO-OP OR1316/2570
- LEISURE LAKE MOBILE HOME PARK CO-OP
- LEISURE LAKE VILLAGE AKA LEISURE LAKE MHP CO-OP
- LINCOLN MANOR
- LOT 1,HARMONY OAKS SUB PI7747.2055/9
- LOT B HABITAT OAKS SUB
- LOYD ADD TO PALMETTO
- MAIN STREET
- MANATI SHORES SECOND ADD
- MANATI SHORES SECOND ADDITION
- MANDARIN GROVE
- MANDARIN GROVE PH II
- MANGROVE POINT
- MAPLE RIDGE
- MAR-LEE ACRES
- MELWOOD OAKS PH I
- MELWOOD OAKS PH IIA
- MELWOOD OAKS PH IIB
- MOSS OAKS
- MRS JULIA ATZROTHS ADD
- MUELLERS
- N A REYNOLDS RESUBDIVIDED
- NORTH ORANGE ESTATES
- NORTHSHORE AT RIVIERA DUNES PH 1-A
- NORTHSHORE AT RIVIERA DUNES PH 1-B
- NORTHSHORE AT RIVIERA DUNES PH1B
- NORTHWOOD PARK
- NOT IN SUBDIVISION
- OAK TRAIL
- OAK VIEW PH I
- OAK VIEW PH III
- OAK VIEW PHASE 3
- OAKFIELD LAKES
- OLD MILL PRESERVE
- PALM LAKE ESTATES
- PALMETTO
- PALMETTO ESTATES
- PALMETTO GARDENS REV
- PALMETTO GOLF CORP
- PALMETTO POINT
- PALMETTO POINT ADD
- PALMETTO SKYWAY REP
- PALMETTO SKYWAY REP / BAY COLONY
- PALMETTO SKYWAY SEC 1
- PALMETTO SKYWAY SEC 2
- PALMETTO TERRACE
- PALMS AT COASTERRA
- PALMS OF MANASOTA
- PALMS OF MANASOTA VILLAS PH I
- PALMS OF MANASOTA VILLAS PH II
- PARKSIDE
- PENINSULA AT RIVIERA DUNES
- PEPPER GROVE
- PEPPER GROVE PH I
- PINEY POINT
- PINEY POINT HOMEOWNERS CO-OP
- PRAVELA
- REGATTA POINTE PH I
- REGENCY OAKS PH II
- RICHARDS ADD TO PALMETTO
- RICHARDS ADD TO PALMETTO CONTINUED
- RIO VISTA A M LAMBS RESUBDIVIDED
- RIVERBAY TWNHMS PH ONE
- RIVERBAY TWNHMS PH THREE
- RIVERBAY TWNHMS PH TWO
- RIVERSIDE PARK
- RIVERSIDE PARK REP OF A POR
- RIVIERA DUNES
- RIVIERA DUNES MARINA
- RIVIERA DUNES MARINA PH 2
- RIVIERA DUNES MARINA PH 3
- RIVIERE ADD TO PALMETTO
- SANCTUARY COVE
- SANDERLING
- SHADOW BROOK MOBILE HOME
- SHADOW BROOK MOBILE HOME SUB
- SHADOW BROOK MOBILE HOME UNIT 3B
- SHEFFIELD GLENN
- SHELL BEACH ADDITION
- SILVERSTONE
- SILVERSTONE NORTH
- SILVERSTONE NORTH PH IA & IB
- SILVERSTONE NORTH PH IC & ID
- SILVERSTONE NORTH PH IIA & IIB
- SILVERSTONE NORTH PH IIC & IID
- SILVERSTONE SOUTH
- SKYWAY VILLAGE ESTATES CO-OP
- SOUTHPOINTE
- SPANISH POINT
- STONEGATE PRESERVE
- STONEGATE PRESERVE IA
- STONEGATE PRESERVE PH III
- STONEGATE PRESERVE TOWNHOMES
- SUB LOT3&4 B2 PARRISH AD TO TOWNSHIP PALMETTO
- SUGAR MILL LAKES PH 1
- SUGAR MILL LAKES PH II & III
- SUMMERFIELD ESTATES
- SWAN ESTATES
- TAYLORS RESUBDIVIDED
- TERRA CEIA BAY ESTATES
- TERRA CEIA BAY NORTH
- TERRA CEIA MANOR CO-OP
- THE COVE AT TERRA CEIA BAY VILLAS
- THE ESTUARIES I
- THE ESTUARIES II
- THE ESTUARIES II, A CONDO
- THE GREENS AT EDGEWATER
- THE PALMS AT RIVIERA DUNES PH I
- THE TERRA CEIA CLUB
- TREE LAKES TRAVEL TRAILER CO-OP
- TREVESTA PH I-A
- TREVESTA PH IB-1
- TREVESTA PH II-A
- TREVESTA PH IIB
- TREVESTA PH IIIC & IIID
- TREVESTA PH IIIE
- TREVESTA PHASE I-A
- TROPIC ISLES CO-OP
- TROPIC ISLES MOBILE HOME ESTATES
- VILLAGES OF THOUSAND OAKS VILLAGE I
- VILLAS AT OAK BEND
- WATERFORD
- WATERFORD PH I & III REP
- WELSH MEMPHIS
- WELSHS ADD TO PALMETTO
- WHITNEY MEADOWS
- WILLIS ADD TO PALMETTO CONTINUED
- WILLOW WALK NORTH
- WILLOW WALK PH I-A
- WILLOW WALK PH I-C
- WILLOW WALK PH IIA-IIB-IID
- WILLOW WALK PH IIE
- WILLOW WALK PH IIF & IIG
- WILLOW WALK PHASE IIA-IIB-IID
- WOODLAND ACRES
- WOODLAWN LAKES
- WOODLAWN LAKES SECOND ADD
- WOODS OF MOCCASIN WALLOW PH I
- WOODS OF MOCCASIN WALLOW PH II
Market Summary
Current real estate data for Single Family in PALMETTO as of Jul 23, 2026
543
Single Family Listed
110
Avg DOM
240
Avg $ / SqFt
$498,960
Avg List Price
Property Summary
- Located in the PALMETTO SKYWAY REP subdivision, 5003 COMMONWEALTH ROAD PALMETTO FL is a Single Family for sale in PALMETTO, FL, 34221. It is listed for $998,000 and features 3 beds, 3 baths, and has approximately 1,851 square feet of living space, and was originally constructed in 1965. The current price per square foot is $539. The average price per square foot for Single Family listings in PALMETTO is $240. The average listing price for Single Family in PALMETTO is $498,960. To schedule a showing of MLS#a4679863 at 5003 COMMONWEALTH ROAD in PALMETTO, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of TIM LESTER INTERNAT’L REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5003 COMMONWEALTH ROAD
PALMETTO, FL