4903 COMMONWEALTH ROAD, Palmetto, FL, 34221 | $897,689

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.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Mediterranean
  • Year Built: 1971
  • Garage: 1-car Boat, Driveway, Garage Door Opener, Parking Pad, RV Parking, Tandem, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,700
  • Acreage: 0.21
  • Est. Taxes: $4,766
  • Lot Desc: Cul-De-Sac, FloodZone, In County, Landscaped, Street Dead-End, Unincorporated
  • View: Pool, Water
  • Pool: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Pool Alarm, Salt Water, Screen Enclosure, Self Cleaning, Solar Cover, Tile
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4682321
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/A4682321/4903commonwealthroad_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/19/2026 11:47:06 AM)

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4903 COMMONWEALTH ROAD, Palmetto, FL, 34221

$897,689

Christine Norcross - Christine Norcross & Partners

Luxury Properties Specialist

William Raveis Real Estate

Phone: 781.929.4994

Christine.Norcross@raveis.com

Andrew van Dyk

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 781.490.5670

Andrew.vanDyk@raveis.com

NMLS Mortgage Loan Originator ID 23716

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $718,151 $718,151 $718,151
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.289% 6.235% 6.058%
Monthly Tax Payment $397 $397 $397
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,248 $4,364 $6,012
Total Monthly Payment $4,737 $4,853 $6,501

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.