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:
$1,098,000
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
Laundry Features
Inside, Laundry Room
Exterior
Architectural Style
Ranch
Community Features
Bay/Harbor Front, Community Boat Ramp, Dock, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
Construction Materials
Block, Stucco
Exterior Features
Hurricane Shutters, Irrigation System, Rain Gutters
Parking Features
Boat, Driveway, Guest, Oversized, RV Parking
Roof
Shingle
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
- A R ANTHONYS SUB OF PT SEC14&23 T34 R17
- ACREAGE
- ACREAGE & UNREC
- ALLENS SUB OF LT ATZROTHS AD TO PALMET
- AMBER GLEN
- ARDMORE
- ARTISAN LAKES EAVES BEND
- ARTISAN LAKES EAVES BEND PH I SP A-K
- ARTISAN LAKES EAVES BEND PH II SUBPH A,
- ARTISAN LAKES EDGESTONE NORTH PH I & II
- ARTISAN LAKES ESPLANADE
- ARTISAN LAKES ESPLANADE PH I SP A-D
- 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 ESPLANADE PH V SUBPH D & E
- ARTISAN LAKES PRCL J PH 2A, 2B & 2C
- ARTISAN LAKES PRCL J PH I & II
- BAHIA VISTA
- BAHIA VISTA SUBDIVISION
- BAY CLUB PH I
- BAY CLUB PH II
- BAY ESTATES NORTH
- BAY POINTE
- BAY VIEW PARK
- BAY VIEW PARK -REVISED PLAT-
- BAY VIEW PARK REV
- BAYOU ESTATES NORTH II-C
- BAYOU ESTATES NORTH IIA & IIB
- BAYOU ESTATES SOUTH
- BEL MARE PH 2 CONDO
- BEL MARE PH I
- BEL MARE PH I A CONDO
- BEL MARE PH II
- BELL BROTHERS
- CAPTAINS COURT
- COASTERRA
- COURTNEYS RESUB
- CRYSTAL LAKES
- CRYSTAL LAKES II
- DEER RUN AT PALM VIEW
- EAST POINT OGDEN
- EAST TERRA CEIA
- EAVE’S BEND AT ARTISAN LAKES
- EAVES BEND AT ARTISAN LAKES
- ENGLISH
- ESPLANADE AT ARTISAN LAKES
- ESPLANADE NORTH AT ARTISAN LAKES SUBPH I
- FAIRWAY OAKS PH 1
- FAIRWAY OAKS PH I, II & III
- FAIRWAY PALMS
- FAIRWAY TRACE
- FAIRWAYS AT IMP LKWDS 3-A
- FAIRWAYS AT IMPERIAL LAKEWDS1A-1PB35/180
- FAIRWAYS AT IMPERIAL LAKEWOODS
- FAIRWAYS AT IMPERIAL LAKEWOODS 1A1
- FAIRWAYS AT IMPERIAL LAKEWOODS 1A2, 1B&2B
- FAIRWAYS AT IMPERIAL LAKEWOODS 1A2,1B&2B
- FAIRWAYS AT IMPERIAL LAKEWOODS 2A, 3B&3C
- FAIRWAYS AT IMPERIAL LAKEWOODS 2A,3B&3C
- FIDDLERS BEND
- FLAGSTONE ACRES
- FOSTERS CREEK
- G F I
- G H JUDD
- GILLETTE GROVE
- GILLETTE GROVE SUB
- GROVE POINT
- GULF & BAY ESTATES BLK 3
- GULF & BAY ESTATES BLOCKS 1A, 1 & 2
- GULF & BAY ESTATES BLOCKS 4-7
- GULF & BAY ESTATES UNIT 4 CORR
- H W HARRISON
- HAMMOCKS AT RIVIERA DUNES
- HEATHER GLEN PH I
- HEATHER GLEN PH II
- HERITAGE BAY
- HERON BAY
- HERON CREEK PH I
- HERON CREEK PH II
- IMPERIAL LAKES ESTATES
- IMPERIAL LAKES ESTATES UNIT I
- IMPERIAL LAKES ESTATES UNIT II
- IMPERIAL LAKES ESTATES UNIT III
- IMPERIAL LAKES RESIDENTIAL
- INDIAN MEADOW
- J H BRUNJES
- J T FLEMINGS PALMETTO SUB
- JACKSON PARK UNIT ONE
- JACKSON XING PH II
- JET MHP CO-OP UR0/0
- JET MOBILE HOME PARK SEC ONE CO-OP
- KEW GARDENS
- LAGUNA AT RIVIERA DUNES I
- LAGUNA AT RIVIERA DUNES II
- LAGUNA AT RIVIERA DUNES II OR2087/6469
- LAGUNA AT RIVIERA DUNES III OR2166/1285
- LAGUNA AT RIVIERA DUNES IV
- LAKE PARK
- LAMBS FRACTIONAL SUB
- LANTANA VILLAS
- LEISURE LAKE MHP CO-OP OR1316/2570
- LEISURE LAKE MOBILE HOME PARK CO-OP
- LONG SUB
- LOT 1,HARMONY OAKS SUB PI7747.2055/9
- MANATI SHORES SECOND ADDITION
- MANDARIN GROVE
- MANDARIN GROVE PH I
- MANGROVE POINT
- MAPLE RIDGE
- MAR-LEE ACRES
- MELWOOD OAKS PH IIB
- MELWOOD OAKS PH III & IV
- MOSS OAKS
- MUELLERS
- NEIGHBORHOOD
- NORTH MANATEE INDUST PARK
- NORTH OAKS ESTATES
- NORTH ORANGE ESTATES
- NORTHSHORE AT RIVIERA DUNES PH 1-A
- NORTHSHORE AT RIVIERA DUNES PH 1-B
- NORTHSHORE AT RIVIERA DUNES PH1A
- NORTHSHORE AT RIVIERA DUNES PH1B
- NORTHWOOD PARK
- NOT IN SUBDIVISION
- NOT IN SUBDIVISION 0/0
- OAK TRAIL
- OAK VIEW
- OAK VIEW PH I
- OAK VIEW PH II
- OAK VIEW PH III
- OAKDALE SQUARE
- OAKHURST PARK
- OLD MILL PRESERVE
- OLD MILL PRESERVE PH II
- ONAHOM FARMS
- PALM LAKE ESTATES
- PALMETTO ESTATES
- PALMETTO GARDENS REV
- PALMETTO HEIGHTS
- PALMETTO POINT
- PALMETTO POINT ADD
- PALMETTO SKYWAY
- PALMETTO SKYWAY REP
- PALMETTO SKYWAY SEC 1
- PALMS AT COASTERRA
- PALMS AT RIVIERA DUNES PH I
- PARKSIDE
- PARRISH ADD TO PALMETTO
- PATTEN RESERVE
- PATTEN SUB
- PENINSULA AT RIVIERA DUNES
- PINEY POINT HOMEOWNERS CO-OP
- PRAVELA
- R F WILLIS OF MEMPHIS
- REGATTA POINTE CONDO PH I
- REGATTA POINTE PH I
- REGENCY OAKS PH I
- RICHARDS
- RICHARDS ADD TO PALMETTO
- RICHARDS ADD TO PALMETTO CONTINUED
- RIO VISTA A M LAMBS RESUBDIVIDED
- RIVERBAY TWNHMS PH THREE
- RIVERBAY TWNHMS PH TWO
- RIVERSIDE PARK
- RIVIERA DUNES MARINA
- RIVIERA DUNES MARINA PH 2
- RIVIERA DUNES MARINA PH 3
- RIVIERE ADD TO PALMETTO
- ROY FAMILY RANCHES
- RUBONIA EAST TERRA CEIA RESUBDIVED
- SANCTUARY COVE
- SHADOW BROOK MOBILE HOME
- SHADOW BROOK MOBILE HOME SUB
- SHADOW BROOK MOBILE HOME UNIT 3A
- SHEFFIELD GLENN
- SHEFFIELD GLENN PB52/190
- SHELL BEACH ADD
- SILVERSTONE NORTH
- SILVERSTONE NORTH PH IA & IB
- SILVERSTONE NORTH PH IC & ID
- SILVERSTONE NORTH PH IIA & IIB
- SILVERSTONE NORTH PH IIC & IID
- SKYWAY VILLAGE ESTATES CO-OP
- SNEAD ISLAND
- 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
- T A HOWZE
- 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
- TREVESTA PH I-A
- TREVESTA PH IA
- TREVESTA PH IB-1
- TREVESTA PH IIB
- TREVESTA PH IIIA
- TREVESTA PH IIIB
- TREVESTA PH IIIC & IIID
- TREVESTA PH IIIE
- TROPIC ISLES
- TROPIC ISLES CO-OP
- TROPIC ISLES MOBILE HOME ESTATES
- VILLAGES OF THOUSAND OAKS VILLAGE I
- VILLAGES OF THOUSAND OAKS VILLAGE II
- VILLAGES OF THOUSAND OAKS VILLAGE III
- VILLAGES OF THOUSAND OAKS VILLAGE IV & V
- VILLAS AT OAK BEND
- WASHINGTON PARK
- WASHINGTON PARK UNITS 1,2,3&4
- WATERFORD
- WATERFORD PH I & III REP
- WATERFORD PH I-A, II & II-A
- WHITNEY MEADOWS
- WILLIS ADD TO PALMETTO
- WILLIS ADD TO PALMETTO CONTINUED
- WILLOW HAMMOCK PH 1A & 1B
- WILLOW HAMMOCK SILVERSTONE
- WILLOW WALK PH I-A
- WILLOW WALK PH I-B
- WILLOW WALK PH I-C
- WILLOW WALK PH IIA-IIB-IID
- WILLOW WALK PH IIC
- WILLOW WALK PH IIE
- WILLOW WALK PH IIF & IIG
- WOODLAND ACRES
- 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 Mar 20, 2026
540
Single Family Listed
110
Avg DOM
239
Avg $ / SqFt
$487,833
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 $1,098,000 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 $593. The average price per square foot for Single Family listings in PALMETTO is $239. The average listing price for Single Family in PALMETTO is $487,833. To schedule a showing of MLS#a4679863 at 5003 COMMONWEALTH ROAD in PALMETTO, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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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