5019 Commonwealth Drive
SARASOTA, FL 34242
2
Bed
1
Bath
1,373Sqft
0.26Acre(Lot)
Under contract-accepting backup offers. 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 Oc
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 2Bathroom Information
Total Baths: 1 Full Baths: 1Interior 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 Roof: Metal, Tile Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, None Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Other, Washer HookupRoofing Information
Metal, Tile -
Flooring Information
Flooring: Hardwood, Other, Tile Construction Materials: Frame -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: None
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Building Information
Year Built: 1955 -
Exterior Features
Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage Construction Materials: Frame Foundation Details: Slab Road Responsibility: Public Maintained Road
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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 Lot Size (SqMt): 1053Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Cottage
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Listing Price Information
Original List Price:$1000000
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Tax Information
Tax Block: 21 Tax Book Number: 1037-423 Tax Lot: 33 Tax 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 Annual Tax: $6363.17 Tax Year: 2025 Parcel Number: 0081100023
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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, Water Available Sewer: Public Sewer Water Source: None -
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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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9200 Blind Pass Road, Sarasota, FL, 34242 | $5,250,000 | 4 | 4 | 4,000 | 4,000 SqFt |
| 8800 Midnight Pass Road, Sarasota, FL, 34242 | $3,490,000 | 4 | 5 | 3,676 | 3,676 SqFt |
| 8560 Heron Lagoon Circle, Sarasota, FL, 34242 | $2,695,000 | 4 | 4 | 3,956 | 3,956 SqFt |
| 8555 Heron Lagoon Circle, Sarasota, FL, 34242 | $2,725,000 | 4 | 4 | 2,568 | 2,568 SqFt |
| 8504 Heron Lagoon Circle, Sarasota, FL, 34242 | $2,800,000 | 4 | 5 | 2,675 | 2,675 SqFt |
| 8534 Heron Lagoon Circle, Sarasota, FL, 34242 | $1,299,000 | 2 | 2 | 1,153 | 1,153 SqFt |
| 8456 Midnight Pass Road, Sarasota, FL, 34242 | $1,900,000 | 2 | 2 | 966 | 966 SqFt |
| 8213 Midnight Pass Road, Sarasota, FL, 34242 | $2,800,000 | 3 | 4 | 3,328 | 3,328 SqFt |
| 8250 Sanderling Road, Sarasota, FL, 34242 | $18,900,000 | 5 | 7 | 7,756 | 7,756 SqFt |
| 8008 Midnight Pass Road, Sarasota, FL, 34242 | $3,750,000 | 5 | 5 | 4,190 | 4,190 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 18:20
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