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.
Pending
$897,689
4903 Commonwealth Rd, Palmetto, FL 34221
4beds
2,700sqft
Est.:
Single Family Residence
Built in 1971
8,999 Square Feet Lot
$857,000 Zestimate®
$332/sqft
$-- HOA
What's special
Completely updated bathScalloped tile backsplashAmbient outdoor lightingBreakfast nookFormal dining roomUnder-cabinet lightingImpressive walk-in closet
- 80 days |
- 612 |
- 37 |
Zillow last checked:
Listing updated:
Listing Provided by:
Tim Lester 941-981-5388,
TIM LESTER INTERNAT'L REALTY 941-981-5388
Source: Stellar MLS,MLS#: A4682321
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 509.95 Square Feet
- Dimensions: 15.5x32.9
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 207.2 Square Feet
- Dimensions: 14x14.8
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 127.05 Square Feet
- Dimensions: 10.5x12.1
Bedroom 4
- Features: Walk-In Closet(s)
- Level: First
- Area: 245.09 Square Feet
- Dimensions: 14.4x17.02
Dinette
- Level: First
- Area: 126.36 Square Feet
- Dimensions: 10.8x11.7
Dining room
- Level: First
- Area: 118.68 Square Feet
- Dimensions: 8.6x13.8
Kitchen
- Level: First
- Area: 140.13 Square Feet
- Dimensions: 8.1x17.3
Laundry
- Level: First
- Area: 41.54 Square Feet
- Dimensions: 6.2x6.7
Living room
- Level: First
- Area: 320 Square Feet
- Dimensions: 16x20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
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)
- Flooring: Carpet, Laminate, Tile
- Doors: Sliding Doors
- Windows: Blinds, Double Pane Windows, Low Emissivity Windows, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 3,916
- Total interior livable area: 2,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Boat, Driveway, Garage Door Opener, Parking Pad, RV Access/Parking, Tandem, Workshop in Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 14x30
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Screened
- Exterior features: Garden, Irrigation System, Lighting, Rain Gutters, Storage
- Has private pool: Yes
- Pool features: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Pool Alarm, Salt Water, Screen Enclosure, Self Cleaning, Solar Cover, Tile
- Fencing: Vinyl
- Has view: Yes
- View description: Pool, Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Bay/Harbor Front, Waterfront, Canal - Saltwater, Saltwater Canal Access, Bridges - No Fixed Bridges, Lift, Minimum Wake Zone, No Wake Zone, Sailboat Water, Seawall
- Body of water: TERRA CEIA BAY
Lot
- Size: 8,999 Square Feet
- Features: Cul-De-Sac, FloodZone, In County, Landscaped, Street Dead-End, Unincorporated
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Storage
- Parcel number: 2224000006
- Zoning: RSF4.5/C
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Features: Bay/Harbor Front, Boat Slip, Community Boat Ramp, Dock, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
- Pet fee: $0 monthly
- Subdivision: PALMETTO SKYWAY REP
HOA
- Has HOA: No
Location
- Region: Palmetto
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $838,242
- Annual tax amount: $4,766
- Date on market: 2/20/2026
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$857,000
$814,000 - $900,000
$3,190/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Pending sale | $897,689$332/sqft |
Source:  Stellar MLS #A4682321 Report a problem | ||
| 2/20/2026 | Listed for sale | $897,689+63.5%$332/sqft |
Source: Stellar MLS #A4682321 Report a problem | ||
| 2/3/2005 | Sold | $549,000+189.1%$203/sqft |
Source: Public Record Report a problem | ||
| 3/1/2000 | Sold | $189,900$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,766 +1.2% | $376,262 +3% |
| 2023 | $4,712 +2.6% | $365,303 +3% |
| 2022 | $4,591 -0.2% | $354,663 +3% |
| 2021 | $4,602 +0.9% | $344,333 +1.4% |
| 2020 | $4,561 +1.5% | $339,579 +2.3% |
| 2019 | $4,495 | $331,944 +1.9% |
| 2018 | $4,495 +0.8% | $325,755 +9.5% |
| 2017 | $4,459 +15% | $297,449 +2.1% |
| 2016 | $3,876 | $291,331 +0.7% |
| 2015 | $3,876 | $289,306 +0.8% |
| 2014 | $3,876 +0.3% | $287,010 +1.5% |
| 2013 | $3,866 +386464% | $282,768 +1.7% |
| 2012 | $1 +49.3% | $278,041 -2.2% |
| 2011 | $1 | $284,271 -6.9% |
| 2010 | -- | $305,482 -19.5% |
| 2009 | $5,570 -9.2% | $379,449 -12.2% |
| 2008 | $6,133 -20.7% | $432,215 -18.3% |
| 2007 | $7,732 -13.2% | $528,966 -5.8% |
| 2006 | $8,903 +151.6% | $561,797 +142.5% |
| 2005 | $3,538 +1.9% | $231,638 +3% |
| 2004 | $3,473 +0.3% | $224,891 +1.9% |
| 2003 | $3,461 +35% | $220,698 +30.4% |
| 2002 | $2,564 +3.4% | $169,274 +1.6% |
| 2001 | $2,480 -12.5% | $166,608 +5.1% |
| 2000 | $2,833 | $158,495 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,446/mo
Principal & interest
$4346
Property taxes
$1100
More affordability tools
Climate risks
Neighborhood: 34221
Nearby schools
GreatSchools rating
- 3/10Palm View Elementary SchoolGrades: PK-8Distance: 1.2 mi
- 2/10Palmetto High SchoolGrades: 9-12Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Manatee County
- Palmetto
- 34221
- 4903 Commonwealth Rd
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