SARASOTA, FL 34242 5019 COMMONWEALTH DRIVE
$875,000



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Presented By: WILLIAM RAVEIS REAL ESTATE with 941-867-3901. - 941-894-1255
Home Details
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
Bathrooms
Total Baths
General for 5019 COMMONWEALTH DRIVE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useresidential
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.
Elementary Schoolphillippi shores elementary
Facing Directioneast
Flood Zone Codeae
HOANo
High Schoolsarasota high
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 th n 51-20-50 e 136.05 ft to sely cor of said lot 31 th n 41-55-09 w 23 ft to a point on nely bdry of
Listing Termscash, other
Living Area Unitssquare feet
Lot Size Square Feet11330
Lot Size Unitssquare feet
MLS Area34242 - sarasota/crescent beach/siesta key
Middle/Junior High Schoolbrookside middle
ModificationTimestamp2025-04-12t09:36:38.693z
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesiesta beach
Tax Annual Amount9513
Tax Lot33
Tax Year2024
Utilitiescable available, public, sewer connected, water available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Zoningrsf2
Exterior for 5019 COMMONWEALTH DRIVE
Lot Dimensions60 x 134 x 60 x 138
Lot Size Acres0.26
Lot Size Area11330
Road Surface Typepaved
Vegetationmature landscaping, trees
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High

Victoria Quintero
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