5019 Commonwealth Drive

SARASOTA, FL 34242

  • 4 Bed(s)
  • 5 Bath(s)
  • 2,735 Sqft
  • 0.26
    Acre(Lot)
$2,554,250

Description

Welcome to commonwealth drive, a rare opportunity to own a slice of paradise on siesta key. prime opportunity for new construction on this property, offering a blank canvas to build your dream home. this .26-acre lot is perfectly situated on one of the island’s most coveted streets, known for its lush, mature landscaping, serene ambiance, and close proximity to everything that makes siesta key so special. commonwealth drive is lined with stunning multi-million-dollar homes, both waterfront and inland, offering a tranquil charm that feels both exclusive and inviting. while this particular lot is not waterfront, its location amidst these beautiful properties makes it an exceptional find. the property currently features a majestic cottage full of character and charm. however, recent hurricane flooding has left the home ready for redevelopment, creating the perfect opportunity to design your dream home. whether you envision a modern coastal retreat or a timeless estate that reflects the beauty of the surroundings, this lot provides a rare blank canvas to bring your vision to life in one of sarasota’s most desirable neighborhoods. this property offers unparalleled access to siesta key’s most beloved features. just minutes away, siesta key beach awaits with its powdery white sands and turquoise waters, consistently ranked among the best beaches in the world. here, you can enjoy tranquil days under the sun, paddle through calm waters, or savor breathtaking sunsets. a short bike ride or drive takes you to siesta key village, a vibrant hub filled with boutique shops, charming cafes, and waterfront dining. the relaxed island vibe makes every visit to the village a memorable experience, with options to suit all tastes. commonwealth drive is more than just a street—it’s a lifestyle. the quiet, tree-lined neighborhood is known for its peaceful atmosphere and friendly neighbors, fostering a true sense of community. the mature landscaping, with its towering oaks and tropical foliage, creates a serene environment perfect for morning walks or peaceful evenings on your future lanai. this tranquil setting feels like a world away from the hustle and bustle, yet it’s conveniently located near the island’s key attractions. land on siesta key is extremely limited, making this property a rare and exciting opportunity. whether you’re looking to build a forever home, a vacation retreat, or an investment property, this lot provides endless possibilities to create something truly special. commonwealth drive is the epitome of siesta key living, combining quiet luxury with unmatched convenience. opportunities like this don’t come often, especially in a location as desirable as this. this property invites you to embrace the charm, beauty, and serenity of siesta key while creating a legacy on one of the island’s most coveted streets. don’t miss your chance to build your dream home in a neighborhood that embodies tropical elegance, friendly neighbors, and proximity to world-class beaches. contact us today to learn more about this extraordinary property and start planning your future in paradise.

  • Property Type

    Residential

  • Subdivision

    Siesta Beach

  • County

    Sarasota

  • Style

    Residential

  • AD ID

    47791574

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Property Details

  • Bedroom Information

    • Total Bedroom: 4

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 4
    • Half Baths: 1

    Interior Features

    • Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Other, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
    • Roof: Metal, Tile
    • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Other, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup

    Roofing Information

    • Metal, Tile

    Flooring Information

    • Flooring: Hardwood, Other, Tile
    • Construction Materials: Concrete, Stucco, Vinyl Siding

    Heating & Cooling

    • Heating: Central
    • Cooling: Central Air
    • WaterSource: None

  • Building Information

    • Year Built: 1955

    Exterior Features

    • Irrigation System, Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
    • Construction Materials: Concrete, Stucco, Vinyl Siding
    • Foundation Details: Slab
    • Road Responsibility: Public Maintained Road

  • Lot Information

    • Lot Dimensions: 50x135
    • Lot Description: Flood Insurance Required, FloodZone, Landscaped, Level, Oversized Lot, Private, Paved
    • Lot Square Feet: 11330
    • Lot Acres: 0.26

    Property Information

    • Property Type: Residential
    • Sub Type: Single Family Residence
    • Style: Coastal

  • Listing Price Information

    • Original List Price: $1000000

  • Tax Information

    • Annual Tax: $3714.87
    • Tax Year: 2023
    • Parcel Number: 0081100023

  • School Information

    • Elementary School: Phillippi Shores Elementary
    • Junior High School: Brookside Middle
    • Senior High School: Sarasota High

    Utility Information

    • Cable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Street Lights, Water Available

    Location Information

    • Subdivision: SIESTA BEACH
    • City: SARASOTA
    • Direction: Exit 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.
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BuyOwner last updated this listing Wed Apr 16 2025

  • MLS: MFRA4630299
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 4 bedrooms which is for sale, it has 2,735 sqft, 0 sized lot, and 2 parking. are nearby neighborhoods.