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Rhonda Gailey

rhonda@gaileyenterprises.com +1(352) 897-2018

$ 875,000

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5019 COMMONWEALTH DR Sarasota, FL 34242

0.26 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Siesta Beach

MLS Listing ID A4648656

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $9,513

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 60X134X60X138

Property Sub-Type Residential

Property Description

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.

Location

State FL

County Sarasota

Community Siesta Beach

Zoning RSF2

Exterior

Utilities Available Cable Available, Public, Sewer Connected, Water Available

Building

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4648656

Listed by WILLIAM RAVEIS REAL ESTATE