5003 Commonwealth Rd | Image 1
Virtual Tour
5003 Commonwealth Rd | Image 2
5003 Commonwealth Rd | Image 3
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5003 Commonwealth Rd | Image 7

$1,098,000

25 days ago

5003 Commonwealth Rd, Palmetto, FL

House

3 Bed

3 Bath

1851 sqft

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MLS® A4679863

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1851 sqft
Garage Yes
Taxes $4,847
Days Active 25
Lot Size 0.41 acres
Approx. Age 1965
Avg. Price Per Sqft $593
MLS® Number A4679863

Property Address: 5003 Commonwealth Rd, PALMETTO, FL, 34221-8774

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA4679863
Laundry LevelInside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.41
Exterior
GarageYes
Approx. Age1965
Basement
DrivewayBoat, Driveway, Guest, Oversized, RV Access/Parking
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Office:First Floor8 × 14 ft
Living Room:First Floor14 × 18 ft
Den:First Floor11 × 20 ft
Bedroom 3:First Floor10 × 11 ft
Dining Room:First Floor8 × 10 ft
Game Room:First Floor15 × 16 ft
Other:First Floor9 × 43 ft
Bedroom 2:First Floor11 × 25 ft
Kitchen:First Floor10 × 14 ft
Other:First Floor11 × 15 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$1,098,000List Price

Home Appraisal

This property is estimated to sell between: $609,000 and $1,343,000.
Similar properties in this area sold on average for: $609,800
Expected to sell in 57 days. Similar properties sold in 82 days. This home has been on eXp Realty for 25 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
5003 Commonwealth Rd, PALMETTO, FL

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