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About This Home
This 3-bedroom, 3-bathroom single family at 5003 COMMONWEALTH ROAD in Palmetto, FL is listed for $1,098,000 ($593 per sqft). Built in 1965, the home offers 1,851 sqft of living space on a 0.41 acres lot.
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.
Key Features
- Built in 1965
- 0.41 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$5,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5003 COMMONWEALTH ROAD
Palmetto, FL 34221
PALMETTO SKYWAY REP
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom single family at 5003 COMMONWEALTH ROAD is listed at $1,098,000 ($593/sqft). The estimated monthly payment is $4,758 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.41 acre lot, Waterfront. Interior Features: Ceiling Fans(s), Eat-in Kitchen, L Dining. Exterior Features: Paved, Fencing, Hurricane Shutters.
This property is listed by Tim Lester and can be reached at 9419815388 or tim@timlesterrealty.com.
