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5019 Commonwealth Dr, Sarasota, FL 34242

$1,000,000

Aerial view showing the home's position in a neighborhood near the water at 5019 Commonwealth Dr, Sarasota, FL 34242
  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1363

  • Year Built

    1955

  • Days On Market

    18

  • $/SqFt

    $734

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Home 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.

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Private Pool: False
  • Water Feet: 0
  • Interior Features: Other
  • Appliances: Other
  • Floor Covering: Other
  • Exterior Features: Other
  • Exterior Contruction: Wood Siding
  • Foundation: Slab
  • Front Exposure: East
  • Roof: Metal
  • Building Sqft: 1843

Available now at $1,000,000

Approximate Room Sizes / Descriptions

Living RoomFirst
KitchenFirst
Primary BedroomFirst
  • Garage: False
  • Garage Spaces: 0
  • Carport: True
  • Carport Spaces: 2
  • Air Conditioning: Other
  • Heating: Other
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Other,Public,Sewer Connected,Street Lights,Water Available
  • Lot Sqft: 11330.00
  • Lot Dim: 50x135
  • Lot Acres: 0.2600
  • Total Acre: 1/4 to less than 1/2
  • Lot Num: 33
  • Senior Community: False
  • Style: Single Family Residence
  • Location: Cleared,Landscaped,Level,Oversized Lot,Paved,Private
  • Building Num Floors: 1
  • Pets Allowed: Yes
  • : 941-894-1255

Neighborhood

The average asking price of a 2 bedroom Sarasota home in this zip code is $1,077,700 (7.8% more than this home).

This home is priced at $734/sqft, which is 14.2% less than similar homes in the 34242 zip code.

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Financial

  • Approx Payment:$4,865*
  • Taxes:$3,715

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (727) 479-6413 and speak with one of our real estate consultants.

Listing Courtesy of WILLIAM RAVEIS REAL ESTATE. For information or to schedule a viewing of this property (MLS# A4630299), call: 727-479-6413

5019 Commonwealth Dr, Sarasota FL is a single family home of 1363 sqft and is currently priced at $1,000,000 . This single family home has 2 bedrooms. A comparable home for sale at 1203 Lyric Ln in Sarasota is listed at $850,000. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Sarasota, FL. Ocean Beach, Siesta Breakers and Twin Oak Pond are nearby neighborhoods. MLS A4630299 has been posted on this site since 11/24/2024 (today).

2024 12/11/2024.

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