$
5003 COMMONWEALTH RD
Palmetto, Manatee, FL, 34221
Active$948,000
$512/sqft
3Beds
3Baths
1,851Sq Ft
1965Built
204Days on Market
About this home
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.
Facts & Features
MLS ID#MFRA4679863
Price$948,000
StatusActive
Bedrooms3
Bathrooms3
Full Baths3
Half Baths0
Square Footage1,851 sqft
Acres0.4100
Year Built1965
TypeResidential
SubtypeSingle Family Residence
StyleRanch
Community Information
Address5003 COMMONWEALTH RD
SubdivisionPalmetto Skyway Rep
CityPalmetto
CountyManatee
StateFL
Zip Code34221
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontYes
PoolNo
Interior
Interior FeaturesCeiling Fans(s), Walk-In Closet(s), Eat-in Kitchen, L Dining, Window Treatments, Solid Surface Counters
HeatingCentral
CoolingCentral Air
FlooringTile, Carpet, Epoxy
FireplaceN/A
StoriesN/A
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Water Heater, Range
Exterior
Exterior FeaturesRain Gutters, Hurricane Shutters
ConstructionBlock, Stucco
FoundationSlab
RoofShingle
FencingChain Link
Lot FeaturesIn County, Paved, Oversized Lot, Unincorporated, Cleared, FloodZone, Street Dead-End
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedJanuary 26, 2026
Days on Market204
ZoningRSF4.5/C
Direction FacesEast
New ConstructionNo
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. TIM LESTER INTERNAT'L REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
204 days on market
Listed by: Tim Lester · 941-981-5388—TIM LESTER INTERNAT'L REALTY · 941-981-5388
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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