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.
- Built in 1965
- 2 garage spaces
- $539.17/sqft
- Lot size: 17,999 sqft
- 135 days on market
- Directions: US-41 BUS N, Merge onto US-19 N, Turn left onto 50th St W, Slight left onto Palmetto Point Dr, Turn right onto Commonwealth Rd, Home will be on the left.
- County: Manatee
- Geo subdivision: PALMETTO SKYWAY REP
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Lease Information
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Jessica Giraldo
Realtor®
- Source: Stellar MLS
- MLS #: A4679863
Listing updated: June 9, 2026 at 7:58PM
Listing provided by: Tim Lester, TIM LESTER INTERNAT'L REALTY
Last checked 14 hours ago
Listing provided by: Tim Lester, TIM LESTER INTERNAT'L REALTY
Last checked 14 hours ago
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