5019 COMMONWEALTH DRIVE SARASOTA FL 34242 MLS #A4630299

5019 COMMONWEALTH DRIVE
SARASOTA, FL, 34242
$635,000
2 Beds
1 Baths
1,373 SqFt
0.26 Acres
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MLS #A4630299 image #0
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.

Property Details

Price:
$635,000
MLS #:
A4630299
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SIESTA BEACH
Neighborhood:
34242sarasotacrescentbeachsiestakey
Listed Date:
Nov 24, 2024
Finished Sq Ft:
1,373
Total Sq Ft:
1,874
Lot Size:
11,330 sqft / 0.26 acres (approx)
Year Built:
1955
CottagePrimary Bedroom Main Floor34242 – Sarasota/crescent Beach/siesta Key34242sarasotacrescentbeachsiestakeySiesta BeachPhillippi Shores ElementaryBrookside MiddleSarasota High1 MonthPets Allowed

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Schools

Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High

Interior

Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, None
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Engineered Hardwood, Other, Porcelain Tile
Heating
Central
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
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup
Levels
One

Exterior

Architectural Style
Cottage
Construction Materials
Wood Frame
Direction Faces
East
Exterior Features
Irrigation System, Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
Lot Features
Flood Insurance Required, FloodZone, Landscaped, Level, Oversized Lot, Private
Patio And Porch Features
Covered, Rear Porch
Roof
Metal, Tile
View
Garden, Trees/Woods

Financial

Tax Year
2025
Taxes
$6,363

Map

Community

Subdivisions in SARASOTA

Market Summary

Current real estate data for Single Family in SARASOTA as of May 07, 2026
2,222
Single Family Listed
113
Avg DOM
489
Avg $ / SqFt
$1,503,155
Avg List Price

Property Summary

    Located in the SIESTA BEACH subdivision, 5019 COMMONWEALTH DRIVE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34242. It is listed for $635,000 and features 2 beds, 1 baths, and has approximately 1,373 square feet of living space, and was originally constructed in 1955. The current price per square foot is $462. The average price per square foot for Single Family listings in SARASOTA is $489. The average listing price for Single Family in SARASOTA is $1,503,155. To schedule a showing of MLS#a4630299 at 5019 COMMONWEALTH DRIVE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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5019 COMMONWEALTH DRIVE
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