SARASOTA, FL 34242 5019 COMMONWEALTH DRIVE
$600,000
Pending



54 more






















































Presented By: WILLIAM RAVEIS REAL ESTATE with 941-867-3901. - 941-894-1255
Home Details
Under contract-accepting backup offers. PRICED to Sell! A Rare Build Opportunity on Siesta Key! Located on one of Siesta Key’s most beloved streets, this .26-acre lot on Commonwealth Drive presents a unique opportunity to build new in an established, multi-million-dollar neighborhood. Surrounded by lush, mature landscaping and a peaceful, community-focused setting, the lot offers the ideal backdrop for your vision whether you’re seeking a full-time residence, vacation retreat, or long-term investment. The existing cottage, which holds no contributory value due to hurricane flooding, creates a true blank slate for new construction. As an added benefit, this property is being offered with the option to build a thoughtfully designed custom home by Yoder Construction. The proposed plan, The Oceana, is part of an exclusive ISLAND SERIES, developed with sustainability and the unique coastal conditions of Siesta Key in mind. Buyers may choose to build this elevated 2,735-square-foot home, or collaborate with the builder on a personalized design through the available design center. Commonwealth Drive is ideally located just minutes from the powdery sands of Siesta Key Beach and the vibrant charm of Siesta Village, with its shops, restaurants, and island lifestyle. Opportunities to build new in this highly sought-after location are increasingly rare. To explore this offering further, request details on the optional build package, and schedule a walk of the lot.
Presented By: WILLIAM RAVEIS REAL ESTATE with 941-867-3901. - 941-894-1255
Interior Features for 5019 COMMONWEALTH DRIVE
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringEngineered Hardwood, Other, Porcelain Tile
Heating Y/NYes
Interior AmenitiesKitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry FeaturesElectric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup
Total Stories1
General for 5019 COMMONWEALTH DRIVE
Additional Parcels Y/NNo
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, None
Architectural StyleCottage
Attached Garage No
Builder NameYODER HOMES
Building Area UnitsSquare Feet
Carport Spaces
Carport Y/NYes
CitySARASOTA
Construction MaterialsWood Frame
CoolingCentral Air
CountySarasota
DirectionsExit 207- Take Bee Ridge Rd west towards Siesta Key for 4 miles. Turn left onto Midnight Pass Rd. Continue over the South Bridge and turn left onto Midnight Pass Rd. Turn left ono Commonwealth Drive. The property will be on your left. Enjoy the scenic drive through Siesta Key.
Elementary SchoolPhillippi Shores Elementary
Facing DirectionEast
Flood Zone CodeAE
Full Baths1
Garage Y/NNo
HeatingCentral
High SchoolSarasota High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionNWLY 2 FT OF LOT 33 ALL OF LOT 32 & THAT PART OF LOT 31 DESC AS BEG AT SWLY COR OF LOT 31 FOR POB TH N-51-20-50-E 136.05 FT TO SELY COR OF LOT 31 TH N-41-55-09-W 23 FT TO A POINT ON NELY BDRY OF LOT
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet11330
Lot Size UnitsSquare Feet
MLS Area34242 - Sarasota/Crescent Beach/Siesta Key
Middle/Junior High SchoolBrookside Middle
Minimum Lease1 Month
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Patio/Porch FeaturesCovered, Rear Porch
Pets AllowedYes
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal, Tile
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameSIESTA BEACH
Tax Annual Amount6363.17
Tax Lot33
Tax Year2025
Total Rooms9
UtilitiesCable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Street Lights, Water Available
ViewGarden, Trees/Woods
Water Access Y/NNo
Water View Y/NNo
Year Built1955
ZoningRSF2
Exterior for 5019 COMMONWEALTH DRIVE
Builder ModelOCEANA ELEVATION
Building Area Total1874
Covered Spaces
Exterior AmenitiesIrrigation System, Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
Foundation DetailsSlab
Lot Dimensions50 x 135
Lot FeaturesFlood Insurance Required, FloodZone, Landscaped, Level, Oversized Lot, Private
Lot Size Acres0.26
Lot Size Area11330
Private PoolNo
Road Frontage TypeStreet Paved
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
VegetationMature Landscaping
Water SourceNone
Waterfront Y/NNo
Additional Details
Price History
Karen Chiquin
Realtor Associate
SQFT • 1,373