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$948,000

Listing Price

2beds

3baths

1,851sqft

18,000sqft lot

5003 Commonwealth Rd, Palmetto, FL 34221

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

512.16

Price / sqft

1965

Year built

Home Details

Welcome to your private tropical retreat on Terra Ceia Bay!n5003 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.nnLovingly 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.nnThe 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 youre boating, fishing, or simply soaking in the tranquil bay breezes, this is Florida waterfront living at its finest.

Interior Details

Square Feet
  • 1851

Bedrooms
  • 2

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 18000

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    4

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Stucco

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,639

$0

$0

--%

$345,046

2019

$4,573

$0

$0

--%

$337,288

2017

$4,208

$0

$0

--%

$330,999

2017

$4,208

$0

$0

--%

$324,191

2016

$4,205

$0

$0

--%

$317,523

2014

$4,261

$0

$0

--%

$312,813

2013

$4,251

$0

$0

--%

$308,190

2012

$4,177

$0

$0

--%

$303,038

percent-home-icon

Average Home Price in 34221

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$485,298

3 Beds

1.5 Baths

1,625 Sqft

9,000 Lot (sqft)

Sold 08/22/2026

$345,751

3 Beds

2 Baths

1,720 Sqft

13,068 Lot (sqft)

Sold 07/01/2026

$348,570

3 Beds

2 Baths

1,740 Sqft

8,059 Lot (sqft)

Sold 05/29/2026

$316,529

3 Beds

2 Baths

1,595 Sqft

12,110 Lot (sqft)

Sold 05/06/2026

$430,000

2 Beds

2 Baths

1,856 Sqft

8,059 Lot (sqft)

Sold 10/05/2026

$249,000

2 Beds

2 Baths

1,824 Sqft

8,059 Lot (sqft)

Sold NaN/NaN/NaN

$333,137

3 Beds

2 Baths

1,988 Sqft

8,059 Lot (sqft)

Sold 10/06/2026

$999,999

3 Beds

3 Baths

2,003 Sqft

12,600 Lot (sqft)

Sold 10/05/2026

$623,000

2 Beds

2 Baths

1,630 Sqft

6,625 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
948,000
$
Down payment
189,600
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,688
$
HOA (Monthly)
0
$
PMI
0
$
$6,137
Your Payment
Total Monthly Payment:$6,137
Percent of Income:105%
Affordable:No

Details for 5003 COMMONWEALTH RD

Property Debt

Foreclosure Contact Details