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Sold for $863,500
  • $863,500

    4903 Commonwealth Rd, Palmetto, FL 34221

    4beds
    2,700sqft
    Single Family Residence
    Built in 1971
    8,999 Square Feet Lot
    $852,100 Zestimate®
    $320/sqft
    $3,246 Estimated rent

    Home value

    $852,100

    $809,000 - $895,000

    $3,246/mo

    Zestimate® history
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    What's special

    Completely updated bathScalloped tile backsplashAmbient outdoor lightingBreakfast nookFormal dining roomUnder-cabinet lightingImpressive walk-in closet
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tim Lester 941-981-5388,

    TIM LESTER INTERNAT'L REALTY 941-981-5388

    Bought with:

    Echo Belser PA, 3237721

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4682321MLS LogoOriginating 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, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 3,916
    • Total interior livable area: 2,700 sqft

    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 sqft
    • 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 & neighborhood

    Community
    • Community features: Bay/Harbor Front, Boat Slip, Community Boat Ramp, Dock, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
    Location
    • Region: Palmetto
    • Subdivision: PALMETTO SKYWAY REP

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/15/2026Sold$863,500-3.8%$320/sqft
    Source: Stellar MLS #A4682321 Report a problem
    4/29/2026Pending sale$897,689$332/sqft
    Source: Stellar MLS #A4682321 Report a problem
    2/20/2026Listed for sale$897,689+63.5%$332/sqft
    Source: Stellar MLS #A4682321 Report a problem
    2/3/2005Sold$549,000+189.1%$203/sqft
    Source: Public Record Report a problem
    3/1/2000Sold$189,900$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,073 +6.4%$387,174 +2.9%
    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

    Neighborhood: 34221

    Nearby schools

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    Estimated market value
    $852,100
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    Estimated market value
    $852,100