5019 Commonwealth Drive
SARASOTA, FL 34242
11,330Sqft(Lot)
0.26Acre(Lot)
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 or the builder of your choice. The proposed plan, The Oceana, is p
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Water Source
WaterSource: Public
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Lot Information
Lot Dimensions: 60X134X60X138 Lot Square Feet: 11330 Lot Acres: 0.26 Lot Size (SqMt): 1053Property Information
Property Type: Land
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Listing Price Information
Original List Price:$875000
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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 TH N 51-20-50 E 136.05 FT TO SELY COR OF SAID LOT 31 TH N 41-55-09 W 23 FT TO A POINT ON NELY BDRY OF Annual Tax: $9513 Tax Year: 2024 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, Public, Sewer Connected, Water Available Sewer: Public Sewer Water Source: Public -
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 |
|---|---|---|---|---|---|
| 5375 Calle Florida, Sarasota, FL, 34242 | $879,000 | -- | -- | -- | 5,945 Sqft(Lot) |
| 8555 Heron Lagoon Circle, Sarasota, FL, 34242 | $1,375,000 | -- | -- | 36,795 | 0.84 Acre(Lot) |
| 8504 Heron Lagoon Circle, Sarasota, FL, 34242 | $895,000 | -- | -- | 11,533 | 0.26 Acre(Lot) |
| 8534 Heron Lagoon Circle, Sarasota, FL, 34242 | $1,299,000 | -- | -- | 12,864 | 0.30 Acre(Lot) |
| 7825 Sanderling Road, Sarasota, FL, 34242 | $2,795,000 | -- | -- | 49,217 | 1.13 Acres(Lot) |
| 1231 Starboard Lane, Sarasota, FL, 34242 | $1,799,000 | -- | -- | 20,990 | 0.48 Acre(Lot) |
| Sharswood Lane, Sarasota, FL, 34242 | $1,399,000 | -- | -- | 18,644 | 0.42 Acre(Lot) |
| 7723 Sanderling Road, Sarasota, FL, 34242 | $1,845,000 | -- | -- | 40,936 | 0.94 Acre(Lot) |
| 7401-B Midnight Pass Road, Sarasota, FL, 34242 | $1,290,000 | -- | -- | 42,719 | 0.98 Acre(Lot) |
| 7401-A Midnight Pass Ro.., Sarasota, FL, 34242 | $1,190,000 | -- | -- | 42,677 | 0.98 Acre(Lot) |
Similar Land To 5019 Commonwealth Drive
Nearby For Sale
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 06/06/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 06/06/2026 @ 18:20
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