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$897,689
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Property Description
Welcome to a Deep-Water Tropical Oasis in Palmetto, Florida. Enter through the gated courtyard framed by elegant arches and ambient outdoor lighting, where a tranquil koi pond finished in travertine and polished black rock sparkles in the light. As you cross over the water feature and hear the gentle cascade of the waterfall, the stress of the outside world immediately fades away. This fully renovated 4 bedroom, 3-bath waterfront residence blends architectural charm with thoughtful modern upgrades. The split floor plan offers two spacious primary suites-ideal for guests or multi-generational living-with two bedrooms on each side of the home connected by a large central living area. A formal dining room and breakfast nook provide versatile entertaining spaces, while the oversized primary suite features a cozy reading nook, completely updated bath, and an impressive walk-in closet. The brand-new kitchen is designed to impress, showcasing quartz countertops, a scalloped tile backsplash, under-cabinet lighting, custom solid-wood cabinetry with built-in storage, and a commercial-style 5-burner gas stove with oven air fryer. The breakfast bar opens seamlessly to the living area, creating the perfect flow for entertaining. Seven sets of new Miami-Dade-rated PGT double sliding doors enhance natural light, efficiency, and storm protection. Sound-deadening insulation was installed in 2025 for added comfort, and a custom 5-foot permanently installed safe provides secure storage. The home is topped with a new Owens Corning roof and new gutters for peace of mind. Step outside to the fully caged pool and lanai finished in elegant travertine tile. The self-cleaning pool features both a heater and chiller combo for year-round enjoyment while overlooking the wide canal. The professionally upgraded irrigation system (2025) is supplied by a private well, keeping the lush landscaping vibrant and efficient. For boating enthusiasts, this property is exceptional: 75 feet of deep-water frontage, approximately 6 feet of water at low tide, a 120-foot-wide canal, no bridges to the Gulf, a 40-foot dock, and a 20,000-pound double IMM boat lift. Additional features include electrical outlets on the dock (upgradable with pre-installed wiring for either 30 or 50-amp service), water access, and ample outdoor space with room to park a small RV complete with a 30-amp hookup. This is more than a home-it is a private waterfront sanctuary offering deep-water access, refined upgrades, and timeless character in one of Palmetto's premier boating locations.
Full Property Details
Full Property Details for 4903 Commonwealth Rd
General
- Price: $897,689
- Taxes: $4,766 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4682321
- Updated: 4/3/2026
- Added to Site: 48 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 9
- Interior Features: Accessibility Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Pool Alarm, Salt Water, Screen Enclosure, Self Cleaning, Solar Cover, Tile
Exterior
- Exterior Features: Garden, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
- Deck/Patio: Covered, Deck, Enclosed, Front Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Enclosed, Front Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Boat, Driveway, Garage Door Opener, Parking Pad, RV Parking, Tandem, Workshop in Garage
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: PALMETTO SKYWAY REP
- Driving 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.
- Direction Faces: East
Community
- Community Name: 34221 - Palmetto/Rubonia
- Community Features: Bay/Harbor Front, Boat Slip, Community Boat Ramp, Dock, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
- Pet Restrictions: Verify all pet restrictions with Manatee County.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: TERRA CEIA BAY
- Water: Public
- Utility Description: Public
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Aluminum Frames, Blinds, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Low-Emissivity Windows, Tinted Windows, Window Treatments
- Stories/Levels: One
- Square Feet: 2,700
- Sq. Ft. Source: Owner
- Year Built: 1971
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Pool, Water
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,999
- Lot Size: 8999
- Frontage: Street Dead-End, Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Name: TERRA CEIA BAY
- Water Front Desc.: Bay/Harbor Front, Waterfront, Saltwater Canal
Financial Considerations
- Tax Amount: $4,766
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 157 PALMETTO SKYWAY REPLAT PI#22240.0000/6
- Flood Zone Info: AE
- APN: 2224000006
- Property ID: 2224000006
Listed by Tim Lester Internat'l Realty
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Schools
Schools serving 4903 Commonwealth Rd
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Palm View Elementary School 6025 Bayshore Road, Palmetto, FL 34221 | PK-5 | 1.2 mi |
Palmetto High School 1200 17th Street West, Palmetto, FL 34221 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4903 Commonwealth Rd
Date
Details
Price
Change
Source
2/20/2026
Listed
$897,689
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4903 Commonwealth Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,766
—
$387,174
3%
2024
$4,766
1%
$376,262
3%
2023
$4,712
2%
$365,303
6%
2021
$4,602
—
$344,333
-3%
2022
$4,591
—
$354,663
4%
2021
$4,602
20%
$339,579
4%
2017
$3,831
—
$325,755
10%
2017
$3,831
—
$297,449
2%
2016
$3,827
-1%
$291,331
1%
2015
$3,884
-14%
$289,306
-13%
2019
$4,495
16%
$331,944
16%
2014
$3,876
—
$287,010
2%
2013
$3,866
—
$282,768
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4903 Commonwealth Rd
4903 Commonwealth Road, Palmetto, FL 34221 (MLS# A4682321) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4903 Commonwealth Road is currently listed for $897,689 and was received on February 20, 2026. Want to learn more about 4903 Commonwealth Road? Do you have questions about finding other Single Family real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

