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5019 Commonwealth Drive

Sarasota, FL 34242
  • $577,500
  • STATUS: Closed
  • ON SITE: 660 Days
  • MLS #: A4630299
Sold - 07/16/2026
$577,500
SOLD - 07/16/2026
  • 2
    BEDS
  • 0.26
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,373
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-09-16T17:44:18.7.
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5019 Commonwealth Drive Sarasota, FL 34242

  • Price: $600,000
  • Status: Closed
  • On Site: 660 Days
  • Updated: 7 min ago
  • MLS #: A4630299
2
Beds
1
Baths
0
½ Baths
0.26
Acres
1,373
SQFT
$421
$/SQFT
1955
Built
Neighborhood:
Siesta Beach
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Property 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.
Exterior Features

Architectural Style Cottage Attached Garage Yn No Carport Spaces 0 Carport Yn Yes Construction Materials Wood Frame Covered Spaces 0 Direction Faces East Exterior Features Irrigation SystemLightingOtherPrivate MailboxRain GuttersSliding DoorsStorage Foundation Details Slab Lot Features Flood Insurance RequiredFloodZoneLandscapedLevelOversized LotPrivate Lot Size Dimensions 50 x 135 Patio And Porch Features CoveredRear Porch Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof MetalTile View GardenTrees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Appliances Built-In OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanNone Building Area Total 1874 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Engineered HardwoodOtherPorcelain Tile Heating Central Heating YN Yes Interior Features Kitchen/Family Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatTray Ceiling(s)Walk-In Closet(s)Window Treatments Laundry Features Electric Dryer HookupInsideLaundry RoomOtherWasher Hookup Levels One Rooms Foyer (No Closet) Bedroom 2 (Built-in Closet) Great Room Primary Bedroom (Walk-In Closet(s)) Primary Bathroom (No Closet) Balcony/Porch/Lanai (No Closet) Kitchen Dinette (Walk-In Closet(s)) Laundry (Built-in Closet) Sewer Public Sewer Stories Total 1 Water Source None

Property Features

Additional Parcels YN No Association Yn No Builder Name YODER HOMES Building Name Number YODER HOMES Cdd Yn No Down Payment Resource Yes Flood Zone Code AE Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Occupant Type Vacant Ownership Fee Simple Pets Allowed Yes Property Condition Completed Property Sub Type Single Family Residence Realtor Info Floor Plan AvailableSee AttachmentsSeller May Build Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Siesta Beach Tax Annual Amount 6363.17 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableOtherPublicSewer ConnectedStreet LightsWater Available Zoning RSF2


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of WILLIAM RAVEIS - FLORIDA LLC: 941-867-3901.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-09-16T17:44:18.7.
 
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