5003 COMMONWEALTH RD, PALMETTO, FL 34221

$998,000

Active · 134 days on market · MLS# MFRA4679863

Bedrooms3
Bathrooms3
Living area1,851 sq ft
Lot size0.41 acres
Year built1965
Property typeSingle Family Residence
Garage spaces2
Private poolYes
WaterfrontYes
Annual taxes$4,847
CountyManatee

About this home

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.

Listing courtesy of Tim Lester, TIM LESTER INTERNAT'L REALTY. Presented by MC Homes Realty Inc · 727432218.

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