5019 COMMONWEALTH DRIVE SARASOTA FL 34242 MLS #A4648656

5019 COMMONWEALTH DRIVE
SARASOTA, FL, 34242
$635,000
Beds
0 Baths
0 SqFt
0.26 Acres
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MLS #A4648656 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. Key!

Property Details

Price:
$635,000
MLS #:
A4648656
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
SIESTA BEACH
Neighborhood:
34242sarasotacrescentbeachsiestakey
Listed Date:
Apr 12, 2025
Lot Size:
11,330 sqft / 0.26 acres (approx)
34242 – Sarasota/crescent Beach/siesta Key34242sarasotacrescentbeachsiestakeySiesta BeachPhillippi Shores ElementaryBrookside MiddleSarasota HighResidential

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Schools

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

Interior

Exterior

Direction Faces
East

Financial

Tax Year
2024
Taxes
$9,513

Map

Community

Subdivisions in SARASOTA

Market Summary

Current real estate data for Land in SARASOTA as of May 07, 2026
192
Land Listed
239
Avg DOM
$1,461,362
Avg List Price

Property Summary

    Located in the SIESTA BEACH subdivision, 5019 COMMONWEALTH DRIVE SARASOTA FL is a Land for sale in SARASOTA, FL, 34242. It is listed for $635,000 and features 0 acres. To schedule a showing of MLS#a4648656 at 5019 COMMONWEALTH DRIVE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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