To schedule a showing of 5003 Commonwealth Road, Palmetto, Florida, Call David Shippey at 863-521-4517 TODAY!
$998,000 | 3 beds | 3 full baths | N/A half baths | 1,851 sqft
Palmetto, FL 34221
- 3Beds
- 3.00Total Baths
- 3 Full, 0 HalfBaths
- 1,851SqFt
- 1965Year Built
- 0.41Acres
- MLS# A4679863
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market4 months, 26 days
- Area34221 - Palmetto/rubonia
- CountyManatee
- Subdivision Palmetto Skyway Rep
Overview
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 spacesperfect 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 youre boating, fishing, or simply soaking in the tranquil bay breezes, this is Florida waterfront living at its finest.
Agriculture / Farm
Association Fees / Info
Community Features: BoatFacilities, Dock, DogPark, Fishing, GolfCartsOk, Waterfront, WaterAccess
Pets Allowed: Yes
Association Fee Includes: None
Bathroom Info
Total Baths: 3.00
Fullbaths: 3
Building Info
Window Features: Blinds, DoublePaneWindows, InsulatedWindows, Skylights, WindowTreatments
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Style: Ranch
Patio: RearPorch, Covered, Enclosed, Screened
Exterior Features: SprinklerIrrigation, RainGutters, StormSecurityShutters
Fees / Restrictions
Financial
Original Price: $1,098,000
Disclosures: FloodPlainDisclosure
Fencing: ChainLink
Garage / Parking
Parking Features: Boat, Driveway, Guest, Oversized, RvAccessParking
Attached Garage: Yes
Garage: Yes
Green / Env Info
Interior Features
Floors: Carpet, Epoxy, PorcelainTile
Levels: One
Laundry Features: Inside, LaundryRoom
Interior Features: CeilingFans, EatInKitchen, LivingDiningRoom, SolidSurfaceCounters, Skylights, WalkInClosets, WindowTreatments
Appliances: Dryer, Dishwasher, ElectricWaterHeater, Disposal, Range, Refrigerator, Washer
Lot Info
Direction Remarks: US-41 BUS N, Merge onto US-19 N, Turn left onto 50th St W, Slight left onto Palmetto Point Dr, Turn right onto Commonwealth Rd, Home will be on the left.
Lot Size Units: Acres
Lot Size Acres: 0.41
Lot Sqft: 17,999
Lot Desc: Cleared, DeadEnd, FloodZone, OutsideCityLimits, OversizedLot
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 35
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Condition: NewConstruction
Construction Materials: Block, Stucco
Stories: 1
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 10
Sqft Info
Sqft: 1,851
Bulding Area Sqft: 4,390
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 153
Tax Legal Description: LOTS 153 & 154 PALMETTO SKYWAY REPLAT PI#22236.0000/4
Tax Annual Amount: 4847
Tax Book Number: 12-15
Unit Info
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: ElectricityConnected, MunicipalUtilities, WaterConnected
Waterfront / Water
Waterfront: Yes
Waterfront Features: CanalAccess
View: Yes
View: Bay, Canal, Water
Directions
US-41 BUS N, Merge onto US-19 N, Turn left onto 50th St W, Slight left onto Palmetto Point Dr, Turn right onto Commonwealth Rd, Home will be on the left.This listing courtesy of Tim Lester Internat'l Realty
MLS# TB8427310 
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MLS IDX data last updated on 06-21-2026 5:48 PM EST.
If you have any questions on 5003 Commonwealth Road, Palmetto, Florida, please call David Shippey at 863-521-4517.
MLS# A4679863 located at 5003 Commonwealth Road, Palmetto, Florida is brought to you by David Shippey REALTOR®
5003 Commonwealth Road, Palmetto, Florida has 3 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 5003 Commonwealth Road, Palmetto, Florida is A4679863.
The price for 5003 Commonwealth Road, Palmetto, Florida is $998,000.
The status of 5003 Commonwealth Road, Palmetto, Florida is Active.
The subdivision of 5003 Commonwealth Road, Palmetto, Florida is Palmetto Skyway Rep.
The home located at 5003 Commonwealth Road, Palmetto, Florida was built in 2026.