# 5003 COMMONWEALTH ROAD, Palmetto, FL 34221

> **TL;DR:** 3bd/3ba single family, $1,098,000 ($593/sqft), built 1965, 1,851 sqft.
> Waterfront, RV Parking. Est. $4,758/mo. Listed 129 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,098,000 |
| Price/sqft | $593 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,851 |
| Year Built | 1965 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 129 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,758 |
| **Total** | **$4,758** |

## Key Amenities

- Waterfront
- RV Parking

## Property Highlights

- Built in 1965
- 0.41 acre lot
- Waterfront

## Description

### 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.

## Location

- **Address:** 5003 COMMONWEALTH ROAD, Palmetto, FL 34221
- **County:** Manatee
- **Neighborhood:** PALMETTO SKYWAY REP
- **Coordinates:** 27.559009, -82.573222
- **Google Maps:** https://www.google.com/maps?q=27.559009,-82.573222

## Listing Agent

- **Name:** Tim Lester
- **Brokerage:** TIM LESTER INTERNAT'L REALTY
- **Phone:** 9419815388
- **Email:** tim@timlesterrealty.com

## Primary Photo

![5003 COMMONWEALTH ROAD - Primary Photo](http://lh.rdcpix.com/3e89cd1aeb2fb166b65aa6c47fc6de80l-f2349065660r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/5003-commonwealth-road-palmetto-fl-34221-a4679863)*

---

**MLS#:** A4679863 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5003-commonwealth-road-palmetto-fl-34221-a4679863)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "5003 COMMONWEALTH ROAD, Palmetto, FL 34221",
  "description": "Welcome to your private tropical retreat on Terra Ceia Bay!\r\n5003 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.\r\n\r\nLovingly 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 ",
  "url": "https://www.propertysimple.com/listing/5003-commonwealth-road-palmetto-fl-34221-a4679863",
  "image": "http://lh.rdcpix.com/3e89cd1aeb2fb166b65aa6c47fc6de80l-f2349065660r.jpg",
  "datePosted": "2026-06-17",
  "price": 1098000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "5003 COMMONWEALTH ROAD",
    "addressLocality": "Palmetto",
    "addressRegion": "FL",
    "postalCode": "34221",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 27.559009,
    "longitude": -82.573222
  },
  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 3,
  "numberOfFullBathrooms": 3,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1851,
    "unitCode": "FTK"
  },
  "yearBuilt": 1965
}
```