Sign up to get new listings emailed daily! JOIN SIGN IN
Mary Schmidt
Member of NAR
<b>REALTOR®</b>
(941) 932-0348
Facebook Icon 
Refine Search
$675,000

5019 Commonwealth Drive Sarasota, FL 34242 Residential - Single Family Active

  • 5019 Commonwealth Drive, Sarasota, FL 34242 Main Photo

59 Total Photos [Click to View All]

Description

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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Cottage
Lot Size: 0.26 Acres
Roof Type: Metal, Tile
Stories: 1.0
Taxes: $6,363
Year Built: 1955

General Information

Bedrooms: 2
Bathrooms: 1 Full
Sqft: 1,373
County: Sarasota
High School: Sarasota High
Subdivision: SIESTA BEACH
Listed By:
Dawn Bear WILLIAM RAVEIS REAL ESTATE 941-867-3901

Amenities

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
Lighting
Other
Private Mailbox
Rain Gutters
Sliding Doors
Storage

Room Information

Great Room: 17x20
Kitchen: 11.6x17
Primary Bedroom: 14.3x16
Bedroom 2: 12.6x10
Laundry: 10.1x11
Dinette: 10.6x11
Foyer: 11.8x11
Primary Bathroom: 14.6x11.9
Balcony/Porch/Lanai: 32x12

Property Features

Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, None
Builder: YODER HOMES
Community Features: Street Lights
Days on Site: 511
Directions: 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 dri
Exterior: Frame
Flood Zone Code: AE
Flooring: Hardwood, Other, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Flood Insurance Required, FloodZone, Landscaped, Level, Oversized Lot, Private, Paved
Lot Dimensions: 0.26
Model: OCEANA ELEVATION
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Patio/Porch: Covered, Rear Porch
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Water Available
Vegetation: Mature Landscaping
Water: None
Water Access Y/N: No
Zoning: RSF2
$675,000
2beds
1.0baths
1,373sqft
Active
BEDS2 BATHS1 full SQUARE FEET1,373 MLS#A4630299
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSIESTA BEACH

Get in Touch

Contact an agent to learn more about

5019 Commonwealth Drive, Sarasota, FL 34242.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 3,003.79 per month $2,276.66 Principal & Interest $530.25 Property Tax $196.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

About this area

Florida/Sarasota
Sarasota

View Listings

About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

Learn More About Living in Sarasota, Florida

About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 4:36:30 AM EST) or Stellar MLS (last updated Sun 04/19/2026 1:59:20 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel