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5003 COMMONWEALTH ROAD

Palmetto, FL, 34221

Active

$948,000

3

Bedrooms

3

Bathrooms

1,851 sqft

Living Area

1965

Year Built

17,999

Lot Size (sqft)

204

Days on Market

Dock Score™

DockOnly
80
Good

What shaped this score

Gulf Access (nav-verified)
Dock present
Fits boats up to ~100ft+ (est.)
·~30 min run to open water · 2.9 mi
Est. waterfront~150 ft

DockOnly.com rating, not provided by the MLS or listing broker.

Dock & Water AccessMLS

Bay/Harbor FrontWaterfrontCanal - Saltwater📝 deep water

AI Aerial Imagery Detection

Dock DetectedSeawall Detected

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Open WaterDockOnly

This dock fronts open water — a bay, harbor or marina basin rather than a canal.

There is no across-the-canal bank here, so no canal width applies and boat length is not limited by room to turn around. Check depth, beam and slip dimensions with the listing agent.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

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.

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Location

Palmetto, FL, 34221

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of TIM LESTER INTERNAT'L REALTY via Stellar MLS

Last checked: 4 hours ago

Listing updated: August 18, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 9ft

Special Flood Hazard Area

View FEMA Flood Map →
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Estimate your monthly payment for this waterfront property

20%

$189,600 down

%
Principal & Interest$4,919/mo
Property Tax (est. ~1.2%, varies by county)$948/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$6,117
Loan Amount: $758,400Rate: 6.75%
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$948,000Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.