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4903 COMMONWEALTH ROAD

House Active With Contract
$897,689

BTC: 14.24903175

ETH: 514.14032073

68 days
Waterfront
4 bds
3 ba
2,700 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Boat / Driveway / Garage Door Opener / Parking Pad / RV Parking / Tandem / Workshop in Garage
Year Built:
1971
Lot:
0.21 Acres
Heating:
Central
Price/sqft:
$332
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$987,000
$599K – $1.4M
Confidence Low
List vs. estimate
$89K below estimate
List $897,689 · -9.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$332
+45.6% vs. city median $228
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,766
2024
Pool
Auto Cleaner
View
Pool, Water
Waterfront
Bay/Harbor Front, Waterfront
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Exhaust Fan

    • Freezer

    • Gas Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other 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

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Boat

    • Driveway

    • Garage Door Opener

    • Parking Pad

    • RV Parking

    • Tandem

    • Workshop in Garage

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Garden / Irrigation System / Lighting / Rain Gutters / Sliding Doors / Storage

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 2224000006

    • Zoning: RSF4.5/C

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $4,766

  • Source details

    • MLS ID: A4682321

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Gas Dryer Hookup / Inside / Laundry Room / Washer Hookup

    • Lot Features: Cul-De-Sac / FloodZone / In County / Landscaped / Street Dead-End / Unincorporated

    • Patio And Porch Features: Covered / Deck / Enclosed / Front Porch / Screened

    • Pool Features: Auto Cleaner / Deck / Gunite / Heated / In Ground / Lighting / Outside Bath Access / Pool Alarm / Salt Water / Screen Enclosure / Self Cleaning / Solar Cover / Tile

    • Window Features: Aluminum Frames / Blinds / Double Pane Windows / Drapes / ENERGY STAR Qualified Windows / Insulated Windows / Low-Emissivity Windows / Tinted Windows / Window Treatments

    • Direction Faces: East

    • Other Structures: Storage

    • Architectural Style: Mediterranean

    • Waterfront: Yes

    • Water Body Name: TERRA CEIA BAY

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2700

    • Water Source: Public

    • Subdivision Name: PALMETTO SKYWAY REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TIM LESTER INTERNAT'L REALTY