Listing Details for MLS # A4682321
4903 Commonwealth Road, Palmetto, Fl 34221

Residential Property - Single Family Residence in Palmetto

Listing Price: $897,689

Description of Property

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.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $613,462. This single family residence is listed at about 146% of the average asking price. There are 4 4 bedroom/3 bath homes between $800,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »