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5003 Commonwealth Road

Memphis FL 34221

3
3
2
4390 sq. ft.
17999 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Welcome to your private tropical retreat on Terra Ceia Bay! 5003 Commonwealth Road sits on a rare double lot offering an impressive 150 feet of deep-water frontage along the pristine, shimmering waters of Terra Ceia Bay. This is the kind of setting where palm trees sway, dolphins pass by, and sunsets never get old. Lovingly maintained by the same family since 1965, this 3-bedroom, 3-bath home is filled with character and pride of ownership. With nearly 4,400 square feet under roof, the home provides generous indoor and outdoor living spaces—perfect for entertaining, relaxing, or creating your own coastal compound. The expansive property spans two lots totaling 150 feet of seawall, opening the door to endless possibilities: enjoy it as-is, expand, or reimagine the space into a true waterfront estate. Whether you’re boating, fishing, or simply soaking in the tranquil bay breezes, this is Florida waterfront living at its finest.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
4390 sq. ft. floor area
17999 sq. ft. lot size
Single-Family

Happy sellers in Memphis

82%
82% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Memphis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Memphis

In the last 12 months, 450 three-bedroom single-family properties similar to 5003 Commonwealth Road, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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