5019 Commonwealth Drive, Sarasota, FL 34242

$577,500
2
BD
1
BA
1,373
SqFt

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Sold Price
$577,500
List Price
$600,000
Status
Sold
Days on Market
551
Closing Date
Jul 16, 2026
MLS#
A4630299
Property Style
Single Family
Architectural Style
Cottage
Year Built
1955
Bedrooms
2
Bathrooms
1
Living Area
1,373
Lot Size
11,330
Acres
0.26
Total Acreage
1/4 to less than 1/2
Building Name
Yoder Homes
Legal Subdivision Name
Siesta Beach
Community Name
Siesta Beach
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

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.

Additional Information

Taxes
$6363
Minimum Lease
1 Month
Location
Flood Insurance Required, FloodZone, Landscaped, Level, Oversized Lot, Private, Paved
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
RSF2
Interior Layout
Kitchen/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
Interior Features
Kitchen/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
Floor
Hardwood, Other, Tile
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, None
Utilities
Cable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
Roof
Metal, Tile
Foundation
Slab
Pool
No Pool
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0081100023
Legal Description
NWLY 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

Listing courtesy of WILLIAM RAVEIS REAL ESTATE. 941-894-1255

Selling Office: FUTURE HOME REALTY INC.

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