Sarasota MLS Listings

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$1,098,000
1 Day On Site

5003 COMMONWEALTH ROAD
PALMETTO, FL 34221

For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
3
Full Baths
1,851
SqFt
$593
/SqFt
1965
Built
Subdivision:
PALMETTO SKYWAY REP
County:
Manatee
Call Now: 941-265-0590
Is this the listing for you? We can help make it yours.
941-265-0590
5003 COMMONWEALTH ROAD5003 COMMONWEALTH ROAD5003 COMMONWEALTH ROAD5003 COMMONWEALTH ROAD
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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.

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Listing Snapshot
Price 
$1,098,000
Days On Site 
1 Day
Bedrooms 
3
Inside Area (SqFt) 
1,851 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.41 Acres
Year Built 
1965
MLS® Number 
A4679863
Status 
Active
Property Tax 
$4,847
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.41
Attached Garage 
Yes
Direction Faces 
East
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
BoatDrivewayGuestOversizedRV Access/ParkingAttached
Pets 
Yes
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
4390
Style 
Ranch
Utilities 
Electricity ConnectedWater Connected
Water Source 
Public
Zoning 
RSF4.5/C
Interior Features
Appliances 
DishwasherDisposalDryerElectric Water HeaterRangeRefrigeratorWasher
Cooling 
Central Air
Flooring 
CarpetTile
Furnished 
Unfurnished
Heating 
Central
Interior 
Eat-in KitchenWalk-In Closet(s)
Laundry Features 
InsideLaundry Room
Window Features 
Window CoveringsSkylight(s)BlindsDouble Pane WindowsInsulated WindowsWindow Treatments
Balcony/Porch/Lanai 
Dimensions - 9x43Level - First
Bedroom 2 
Dimensions - 11x25Level - First
Bedroom 3 
Dimensions - 10x11Level - First
Den 
Dimensions - 11x20Level - First
Dining Room 
Dimensions - 8x10Level - First
Game Room 
Dimensions - 15x16Level - First
Kitchen 
Dimensions - 10x14Level - First
Living Room 
Dimensions - 14x18Level - First
Master Bedroom 
Dimensions - 11x15Level - First
Office 
Dimensions - 8x14Level - First
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Rain Gutters
Fencing 
Chain Link
Lot Features 
ClearedPavedWaterfront
Patio And Porch 
CoveredEnclosedRear PorchScreened
Roof 
Shingle
View 
CanalWater
Waterfront 
Yes
Waterfront Features 
Canal Front
Waterview 
CanalWater
Windows/Doors 
Window CoveringsSkylight(s)BlindsDouble Pane WindowsInsulated WindowsWindow Treatments
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
34221 - Palmetto/Rubonia
Roads 
Paved
Township 
33
Listing courtesy of TIM LESTER INTERNAT'L REALTY (941) 981-5388



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-01-27 11:41 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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