5003 Commonwealth Rd, Palmetto, FL, 34221
$512/sqft·Palmetto Skyway Rep
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At a glance
About this home
5003 Commonwealth Rd is a 1965-built home in Palmetto Skyway Rep, Palmetto. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,851 square feet of living space. Listed at $948,000 (about $512/sqft), 204 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Welcome to your private tropical retreat on Terra Ceia Bay! 5003 Commonwealth Road sits on two 75 foot lots 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.
The essentials
Location
Annual Tax (2024)
$4,847
Parcel #
2223600004
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Palmetto Skyway Rep
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
17,999 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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