Property
ActiveResidential
1/52
$998,000

5003 COMMONWEALTH ROAD

Palmetto, FL 34221
3
Beds
3
Baths
1,851
SqFt
0.41
Acres
STELLAR
#A4679863
Updated: Jun 9, 2026, 6:23pm

Property 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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Included Appliances
DishwasherDisposalDryerElectric Water HeaterRangeRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Bonus RoomDen/Library/OfficeInside Utility
Appliances
DishwasherDisposalDryerElectric Water HeaterRangeRefrigeratorWasher
Bathrooms Total Decimal
3
Building Area Total
4390
Cooling
Central Air
Flooring
CarpetEpoxyPorcelain Tile
Furnished
Unfurnished
Heating
Central
Interior Features
Ceiling Fan(s)Eating Space In KitchenL DiningSkylight(s)Solid Surface CountersWalk-In Closet(s)Window Treatments
Laundry Features
InsideLaundry Room
Living Area
1851
Rooms Total
10
Window Features
BlindsDouble Pane WindowsInsulated WindowsWindow Treatments
Construction
Architectural Style
Ranch
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
East
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Year Built
1965
Site & Exterior
Covered Spaces
2
Exterior Features
Hurricane ShuttersIrrigation SystemRain Gutters
Fencing
Chain Link
Flood Zone Code
AE
Garage Dimensions
21x34
Garage Spaces
2
I D X Participation
Yes
Lot Features
ClearedFloodZoneIn CountyOversized LotStreet Dead-EndUnincorporated
Lot Size Acres
0.41
Lot Size Area
17999
Lot Size Square Feet
17999
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
BoatDrivewayGuestOversizedRV Parking
Patio And Porch Features
CoveredEnclosedRear PorchScreened
Public Survey Range
17
Public Survey Section
35
Road Frontage Type
Street Dead-EndStreet Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity ConnectedPublicSprinkler WellWater Connected
View
Water
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/Harbor FrontWaterfrontCanal - Saltwater
Waterfront Feet Total
150
Zoning
RSF4.5/C
Financials
Amenities Additional Fees
Use of the community boat ramp requires a yearly fee.
Calculated List Price By Calculated Sq Ft
539.17
Contract Status Change Date
2026-01-26
Current Price
998000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
OF RECORD
Ownership
Fee Simple
Parcel Number
2223600004
Public Survey Township
33
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

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Verify all leasing restrictions with Manatee County.
Community Features
Bay/Harbor FrontCommunity Boat RampDockFishingWater AccessWaterfrontDog ParkGolf Carts OK
M L S Area Major
34221 - Palmetto/Rubonia
Pet Restrictions
Verify all pet restrictions with Manatee County.
Pets Allowed
Yes
S W Subdiv Community Name
Palmetto Skyway
Subdivision Name
PALMETTO SKYWAY REP
Listing provided courtesy of STELLAR via IDX. Updated: Jun 9, 2026, 6:23pm.
Tim Lester

Listing Agent

TIM LESTER INTERNAT'L REALTY

Call Agent